NOT LISTED FOR SALE

494 Belmont Ave E. New York, NY 11207

East New York Neighborhood

Estimated Value: $917,000 - $1,210,000

6 Beds
3 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $750,000

Est. 42% increase in value since last sale

Current estimated payment $6,151/month

Highlights

  • Property is near public transit
  • 2-minute walk to Van Siclen Avenue (A,C Line)
  • 3-minute walk to Grace Playground
  • Park

About This Home

As of October 2020

A multi-family in an ideal location to be a perfect investment property opportunity! 2,000 sq ft property 1,200 sq ft Building dimension - Property consist of 2 apartments each having 3 bedrooms & 1 bathroom (With ability to add extra bathroom in each floor) - Full finished basement - Private Driveway .

Last Agent to Sell the Property

alexandra Rondon

INLUXXE Realty LLC Brokerage Phone: 718-899-7000 License #30RO0846357 Listed on: 06/18/2020

Co-Listed By

Ralph Rondon

EXP Realty Brokerage Phone: 718-899-7000 License #10401302432

Last Buyer's Agent

Keisha Lowe

Century 21 Milestone Team Rlty License #10301210301

Century 21 Milestone Team Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,163

Year Built

  • Built in 2002

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 50x40
  • 1 Common Wall
  • Back Yard Fenced

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Private Parking
  • Driveway

Additional Features

  • Property is near public transit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Curtains/Drapes
  • Legal Lot and Block 22 / 3759
  • Assessor Parcel Number 03759-0022

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,163

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Exclusions: Curtains/Drapes
  • Year Built: 2002
  • New Construction: No
  • Attribution Contact: 718-899-7000
  • Co List Office Mls Id: ONEWIN02
  • Co List Office Phone: 718-899-7000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Fencing: Back Yard
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: Sewer
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 50x40
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03759-0022
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-06-19

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6163
  • Tax Block: 3759
  • Tax Lot: 22
  • Tax Map Number: 03759-0022

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Oct 30, 2020
Sold by
Torres Monica and Torres William
Bought by
Middleton Christopher L
Seller's Agent
alexandra Rondon
INLUXXE Realty LLC
Buyer's Agent
Keisha Lowe
Century 21 Milestone Team Rlty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,062,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,006
Avg. Annual Appreciation
7.22%
Original Mortgage
$750,000
Outstanding Balance
$667,393
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$394,613
Source: Public Records

Range of Values:

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Average Value
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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
Middleton Christopher L $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middleton Christopher L $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $750,000 0.0% --
06/18/2020 06/18/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $750,000 -- --
Source: OneKey® MLS

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 $7,100 $65,460 $19,380 $46,080
2024 $7,100 $58,200 $19,380 $38,820
2023 $7,063 $59,700 $19,380 $40,320
2022 $6,697 $51,660 $19,380 $32,280
2021 $6,661 $42,060 $19,380 $22,680
2020 $4,995 $29,460 $19,380 $10,080
2019 $6,163 $29,460 $19,380 $10,080
2018 $5,908 $28,982 $16,897 $12,085
2017 $5,699 $27,955 $16,417 $11,538
2016 $5,272 $26,374 $15,834 $10,540
2015 $2,809 $24,883 $13,202 $11,681
2014 $2,809 $24,883 $12,749 $12,134
Source: Public Records

Agents Affiliated with this Home

  • a

    Seller's Agent in 2020

    alexandra Rondon

    INLUXXE Realty LLC

    Section Image
  • Ralph Rondon

    Seller Co-Listing Agent in 2020

    Ralph Rondon

    EXP Realty

    (347) 615-7815

    17 Total Sales

    Ralph Rondon
    Section Image
  • Keisha Lowe

    Buyer's Agent in 2020

    Keisha Lowe

    Century 21 Milestone Team Rlty

    (917) 514-1119

    41 Total Sales

    Keisha Lowe
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3223634

OneKey® MLS

APN: 03759-0022

New York Kings County Brooklyn 11207 East New York

494 Belmont Ave, Brooklyn, NY

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