NOT LISTED FOR SALE

489 Christopher Ave Brooklyn, NY 11212

Brownsville Neighborhood

Estimated Value: $572,000 - $752,000

3 Beds
1.5 Baths
1,128 Sq Ft
$575/Sq Ft Est. Value

Last Sold December 25, 2022

Last sale price $359,625 $319 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,775/month

3 Days on Market

About This Home

As of December 2022

Rare original Nehemiah home built in 1986 in partially-renovated, fair condition. Three bedrooms, spacious living room and dining area, great kitchen and giant semi-finished basement. Definitely needs renovation and repairs, but has great potential! Huge backyard, private gated parking in front. Cash, hard money, or renovation financing only. Easy access to the 3 train at Junius Street and the L train at New Lots Ave. Burgeoning area with multiple new construction projects nearby!

Last Agent to Sell the Property

Matthew Bank

Bank Neary Inc License #10301216353 Listed on: 10/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,373

Interior Spaces

  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Brownsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,373

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Brownsville
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2024
Sold by
Christopher 489 2 Llc
Bought by
Martinez Alba and Rosario Oliver
Current Estimated Value
$648,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,999
Outstanding Balance
$560,024
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$88,412

Purchase Details

Listed on
Oct 24, 2022
Closed on
Dec 13, 2022
Sold by
Bank Of America Na
Bought by
Christopher 489 2 Llc
Seller's Agent
Matthew Bank
Bank Neary Inc
List Price
$477,900
Sold Price
$359,625
Premium/Discount to List
-$118,275
-24.75%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Jun 13, 2019
Sold by
Blank Esq Helene
Bought by
Bank Of America N A

Purchase Details

Closed on
Jun 15, 1989
Sold by
Green Edward Lee
Bought by
Green Deloise and Green Edward Lee

Purchase Details

Closed on
Feb 9, 1989
Sold by
East Bklyn Chu
Bought by
Green Edward Lee
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez Alba $600,000 --
Martinez Alba $600,000 --
Christopher 489 2 Llc $364,661 --
Christopher 489 2 Llc $364,661 --
Bank Of America N A $410,000 --
Bank Of America N A $410,000 --
Green Deloise -- --
Green Deloise -- --
Green Edward Lee -- --
Green Edward Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alba $569,999
Closed Martinez Alba $569,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2023 03/26/23 Off Market $359,625 -- --
12/25/2022 12/25/22 Sold $359,625 -24.7% $319 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $477,900 -- $424 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,373 $34,260 $13,560 $20,700
2024 $4,373 $32,520 $13,560 $18,960
2023 $4,422 $33,120 $13,560 $19,560
2022 $4,314 $34,440 $13,560 $20,880
2021 $4,290 $30,840 $13,560 $17,280
2020 $3,218 $25,140 $13,560 $11,580
2019 $3,503 $25,140 $13,560 $11,580
2018 $3,401 $18,144 $11,486 $6,658
2017 $3,371 $18,007 $11,899 $6,108
2016 $3,086 $16,988 $12,629 $4,359
2015 $1,914 $16,027 $11,201 $4,826
2014 $1,914 $15,120 $11,280 $3,840
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bank

    Seller's Agent in 2022

    Matthew Bank

    Bank Neary Inc

    (917) 608-6309

    1 in this area

    73 Total Sales

    Matthew Bank
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10816169

Real Estate Board of New York (REBNY)

APN: 03846-0124

New York Kings County Brooklyn 11212 Brownsville

489 Christopher Ave, Brooklyn, NY

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