C
Seller's Agent in 2021
Christopher Howard
Compass
(347) 217-4200
2 in this area
8 Total Sales
505 E 40th St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated Value: $648,628 - $760,000
3
Beds
1.5
Baths
1,264
Sq Ft
$561/Sq Ft
Est. Value
Highlights
- Pre War Building
- Community Garden
- Garage
About This Home
As of December 2021Come see this ready-to-move-in East Flatbush single family gem, just waiting for you.
Renovated, including a finished basement, this beauty will have you at "hello"!
Sitting in the heart of East Flatbush, a cheerful neighborhood where everyone feels at home, 505 E 40th has a shared driveway and shared two car garage making parking or storage a snap.
Enter through the West-facing Sun Room and as you turn to the rear of the house, a wide expanse of freshly refinished hardwood flooring lies before you through the living and dining areas. To the right, light streams in through the South facing windows while the stairway to the second floor rises majestically to your left.
The large kitchen is in the back of the house with plenty of counter and storage space. Downstairs a large finished basement adds abnother room for you to enjoy.
Could it be a family room? Perhaps.
Upstairs three bedrooms and a newly renovated bath await. The bedroom face East, West and South, providing lots of light throughout the day.
Here again, the floors are freshly refinished, the rooms clean and painted and waiting for your special touch.
Last Agent to Sell the Property
Compass License #10301204190 Listed on: 09/15/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 20.0 x 100.0
Parking
- Garage
Home Design
- Pre War Building
Interior Spaces
- 1,264 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
Community Details
- Farragut Subdivision
- Community Garden
Listing and Financial Details
- Legal Lot and Block 77 / 4957
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2021
Closed on
Dec 23, 2021
Sold by
Al-Uqdah Malikah and Al-Uqdah Umar
Bought by
Mulwanda Dana and Mulwanda Zondwayo
Seller's Agent
Christopher Howard
Compass
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,157
Avg. Annual Appreciation
2.25%
Original Mortgage
$515,000
Outstanding Balance
$473,398
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,759
Purchase Details
Closed on
Jul 23, 2008
Sold by
Dobbins Blanche
Bought by
Al-Uqdah Malikah and Al-Uqdah Umar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mulwanda Dana | $650,000 | -- | |
| Al-Uqdah Malikah | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mulwanda Dana | $515,000 | |
| Previous Owner | Al-Uqdah Malikah | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $649,000 | 0.0% | $513 / Sq Ft |
| 11/05/2021 11/05/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $649,000 | -- | $513 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $5,647 | $38,520 | $12,600 | $25,920 |
| 2024 | $5,647 | $35,760 | $12,600 | $23,160 |
| 2023 | $5,387 | $39,300 | $12,600 | $26,700 |
| 2022 | $5,295 | $32,160 | $12,600 | $19,560 |
| 2021 | $5,192 | $31,380 | $12,600 | $18,780 |
| 2020 | $2,450 | $32,040 | $12,600 | $19,440 |
| 2019 | $4,608 | $30,840 | $12,600 | $18,240 |
| 2018 | $4,208 | $22,104 | $8,676 | $13,428 |
| 2017 | $4,206 | $22,104 | $11,158 | $10,946 |
| 2016 | $4,034 | $21,730 | $12,009 | $9,721 |
| 2015 | $2,361 | $20,696 | $12,893 | $7,803 |
| 2014 | $2,361 | $19,525 | $13,110 | $6,415 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Howard
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10847549
APN: 04957-0077
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