NOT LISTED FOR SALE

501 Hegeman Ave Brooklyn, NY 11207

Brownsville Neighborhood

Estimated Value: $724,000 - $871,000

5 Beds
2 Baths
2,505 Sq Ft
$322/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $598,000 $239 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,557/month

26 Days on Market

About This Home

As of February 2021

Property is being sold occupied with any and all occupants in AS IS / WHERE IS condition. No representations or warranties. Buyer is responsible for any liens or violations. Buyer is responsible for NYC / NYS transfer taxes. Cash, rehab or FHA203k financing only.

Last Agent to Sell the Property

Ken Macbride

Fillmore Real Estate Fusion Brokerage Phone: 718-615-2007 License #10311203425 Listed on: 10/23/2020

Last Buyer's Agent

Ken Macbride

Fillmore Real Estate Fusion Brokerage Phone: 718-615-2007 License #10311203425 Listed on: 10/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,940

Year Built

  • Built in 1899

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 20 x 85

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 45 / 4297
  • Assessor Parcel Number 04297-0045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,940

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level
  • Year Built: 1899
  • Attribution Contact: 718-615-2007
  • CurrentPrice: 598000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No
  • Parking Description: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20 x 85
  • Lot Size Sq Ft: 1700
  • Parcel Number: 04297-0045
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 2940
  • Tax Block: 4297
  • Tax Lot: 45

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Feb 5, 2021
Sold by
Mtglq Investors Lp
Bought by
Jordan Gregory
Seller's Agent
Ken Macbride
Fillmore Real Estate Fusion
Buyer's Agent
Ken Macbride
Fillmore Real Estate Fusion
List Price
$599,000
Sold Price
$598,000
Premium/Discount to List
-$1,000
-0.17%
Current Estimated Value
$806,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,349
Avg. Annual Appreciation
6.20%
Original Mortgage
$620,282
Outstanding Balance
$552,236
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$254,113

Purchase Details

Closed on
Jan 25, 2019
Sold by
Spector Leonard C Esq
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Apr 18, 2016
Sold by
Thomas Keith
Bought by
Troy Homes 1 Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Arthur-Wong Rose and Marcano Rose M
Bought by
Darad Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Marcano Rose M and Estate Of Joseph M Arthur Wong
Bought by
Marcano Rose M and Marcano Arthur Wong
Source: Public Records
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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
Jordan Gregory $598,000 --
Jordan Gregory $598,000 --
Jordan Gregory $598,000 --
Mtglq Investors Lp -- --
Mtglq Investors Lp -- --
Mtglq Investors Lp -- --
Troy Homes 1 Llc $10,000 --
Troy Homes 1 Llc $10,000 --
Troy Homes 1 Llc $10,000 --
Darad Inc $385,000 --
Darad Inc $385,000 --
Marcano Rose M -- Commonwealth Land Title Ins
Marcano Rose M -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Gregory $620,282
Closed Jordan Gregory $620,282
Previous Owner Darad Inc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $598,000 -0.2% $239 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $599,000 -- $239 / Sq Ft
Source: OneKey® MLS

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 $3,332 $50,460 $16,920 $33,540
2024 $3,332 $58,800 $16,920 $41,880
2023 $3,179 $72,180 $16,920 $55,260
2022 $2,954 $60,360 $16,920 $43,440
2021 $2,940 $59,880 $16,920 $42,960
2020 $1,462 $45,780 $16,920 $28,860
2019 $2,892 $45,780 $16,920 $28,860
2018 $2,659 $13,046 $5,145 $7,901
2017 $2,513 $12,330 $6,523 $5,807
2016 $2,328 $11,643 $5,853 $5,790
2015 $1,403 $11,643 $7,404 $4,239
2014 $1,403 $11,520 $8,791 $2,729
Source: Public Records

Agents Affiliated with this Home

  • Ken Macbride

    Seller's Agent in 2021

    Ken Macbride

    Fillmore Real Estate Fusion

    (718) 615-2007

    3 in this area

    148 Total Sales

    Ken Macbride
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Map

Source: OneKey® MLS

MLS Number: L3263832

OneKey® MLS

APN: 04297-0045

New York Kings County Brooklyn 11207 Brownsville

501 Hegeman Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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