NOT LISTED FOR SALE

Estimated Value: $1,269,344 - $1,563,000

5 Beds
4 Baths
2,700 Sq Ft
$508/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $1,400,000 $519 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,852/month

50 Days on Market

Highlights

  • No HOA
  • 2-minute walk to Chauncey Street
  • 3-minute walk to Thomas Boyland Park
  • North Facing Home

About This Home

As of October 2016

490 Marion Street is a gorgeous, sunny two family townhouse located in beautiful, leafy Bedford Stuyvesant. Freshly renovated 4 years ago, this 20 foot wide home has a contemporary stylish touch, simply ready to move-in. As a two family home, the property comes equipped with an owners' upper duplex, fully renovated cellar accessible by owner, private backyard, and a 2 bedroom rental. The duplex features: 3 bedrooms and 2 full baths complete with a master bath, washer/dryer in unit, large living room with hardwood floors throughout, dining room with island, and modern kitchen with stainless steel appliances. The lower rental has a spacious 2 bedroom 1 bathroom that can generate great income or make room for any additional family. This home is a prime location for some of the neighborhood's hottest local restaurants, coffee shops, shopping and much more. Conveniently located on the border of the ever-buzzing Bedford Stuyvesant and Bushwick, just 1 block from the J and Z train at Chauncey street which makes for a seamless 30-minute commute to Manhattan. The dimensions for this property are: Building 20' x 45' Lot 20' x 100'. With taxes as low as $209 per month, this is a homeowners dream. If you would like to view this home or have any questions, feel free to contact Julie of World Wide Homes at O: (718) 221-2100 | C: (917) 650-4910.

Last Agent to Sell the Property

Julie Kirkland

WORLDWIDE HOMES INC License #10311201256 Listed on: 07/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,508

Lot Details

  • North Facing Home

Home Design

  • 2,700 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • No Home Owners Association
  • 2 Units
  • Ocean Hill Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,508

Lot Details

0

Listing Details

  • Exposures: North
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ocean Hill
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Condo/Co-op/Association

  • Association: No

Building Info

  • New Construction: No
  • Units: 2

Tax Info

  • Tax Block: 0
  • Tax Annual: 2508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Kohn Yitzchok
Bought by
Marion Plaza Llc
Current Estimated Value
$1,372,336

Purchase Details

Closed on
May 28, 2021
Sold by
Marion Plaza Llc
Bought by
Kohn Yitzchok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$771,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 25, 2016
Closed on
Oct 13, 2016
Sold by
Vinyard Brandon
Bought by
Marion Plaza Llc
Seller's Agent
Julie Kirkland
WORLDWIDE HOMES INC
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$850,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2012
Sold by
Mazal Ko Ltd
Bought by
Vinyard Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,398
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2011
Sold by
Klein Fredda
Bought by
Mazal Ko Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,197
Interest Rate
3.98%
Mortgage Type
New Conventional
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
Marion Plaza Llc -- --
Kohn Yitzchok -- --
Kohn Yitzchok -- --
Marion Plaza Llc $997,600 --
Marion Plaza Llc $997,600 --
Vinyard Brandon $575,000 --
Vinyard Brandon $575,000 --
Mazal Ko Ltd $250,000 --
Klein Fredda $130,000 --
Mazal Ko Ltd $250,000 --
Klein Fredda $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kohn Yitzchok $771,250
Previous Owner Kohn Yitzchok $334,750
Previous Owner Marion Plaza Llc $1,174,000
Previous Owner Marion Plaza Llc $850,000
Previous Owner Vinyard Brandon $560,398
Previous Owner Mazal Ko Ltd $234,197
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $1,400,000 0.0% $519 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $1,400,000 -- $519 / 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 $4,663 $66,480 $20,040 $46,440
2024 $4,663 $73,680 $20,040 $53,640
2023 $4,453 $77,220 $20,040 $57,180
2022 $4,134 $84,600 $20,040 $64,560
2021 $4,116 $71,460 $20,040 $51,420
2020 $2,046 $70,680 $20,040 $50,640
2019 $4,047 $65,160 $20,040 $45,120
2018 $3,724 $18,270 $7,317 $10,953
2017 $2,085 $17,256 $6,498 $10,758
2016 $2,638 $16,300 $7,034 $9,266
2015 $962 $16,297 $9,389 $6,908
2014 $962 $16,123 $10,381 $5,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10064954

Real Estate Board of New York (REBNY)

APN: 01522-0028