NOT LISTED FOR SALE

510 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,703,677 - $2,288,000

5 Beds
2 Baths
2,592 Sq Ft
$733/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2021

Last sale price $1,345,000 $519 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,220 / mo

Highlights

  • Wood Flooring
  • 3-minute walk to Newkirk Avenue (B,Q Line)
  • Bungalow
  • Ditmas Junior High school Rated A-
  • Fireplace
  • Garden

About This Home

As of September 2021

This fully detached bungalow style home located in the LANDMARK area of Ditmas Park has beautiful original detail such as original woodwork, stained glass & parquet floors. There are 4 bedrooms on the 2nd floor & another room (former maid’s room) on the 1st floor that is perfect space for an office. There’s a nearly new 3/4 bath on the 1st floor & a full bath on the 2nd. A full basement with high ceilings (not a cellar) can be easily finished, as can the full attic. The eat in kitchen affords the opportunity for a great renovation. This is a very special home in a great neighborhood, owned by the same family for the past 65 years & looking for that special buyer. Qualified purchasers only please. Here’s a link to Ditmas Park’s colorful history: https://en.wikipedia.org/wiki/Ditmas_Park,_Brooklyn.

Last Agent to Sell the Property

Julie Thum

DiTommaso Real Estate Listed on: 06/08/2021

Last Buyer's Agent

Julie R. Thum

RE/MAX Elite License #30TH0698786

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1905

Lot Details

  • 3,900 Sq Ft Lot
  • Lot Dimensions are 75 x 52
  • Garden
  • Back and Front Yard
  • Property is zoned R1-2

Home Design

  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 220 Volts
  • Oil Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5201

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,500

Year Built

Built in 1905

Lot Details

3,900 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 33.00
  • Building Width: 32.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ditmas Avenue
  • Cross Street Name2: Newkirk Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 1 Space
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Fireplace, Laundry Area, Patio Garden, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2592
  • Building Stories: 2
  • Street Name I D X: 16th
  • Building Style: Bungalow
  • Waterfront Present: No
  • Year Built: 1905
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Parquet, Tile
  • Lot Sq Ft: 3900

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Siding
  • Foundation Details: Other
  • Lot Number: 11
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Oil

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 75
  • Lot Size Width: 52
  • Zoning: R1-2

Tax Info

  • Flip Tax Amount: 7500.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Sep 22, 2021
Sold by
Bought by
Seller's Agent
Julie Thum
DiTommaso Real Estate
Buyer's Agent
Julie R. Thum
RE/MAX Elite
Sold Price
$1,345,000
Current Estimated Value
$1,900,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,919
Avg. Annual Appreciation
7.39%
Original Mortgage
$1,209,155
Outstanding Balance
$1,078,428
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$822,491

Purchase Details

Closed on
Aug 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,345,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,209,155
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $1,345,000 -- $519 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,380 $127,860 $25,842 $102,018
2025 $8,849 $120,402 $25,842 $94,560
2024 $8,849 $141,642 $25,842 $115,800
2023 $8,442 $147,540 $26,940 $120,600
2022 $7,828 $128,340 $26,940 $101,400
2021 $7,261 $123,240 $26,940 $96,300
2020 $7,286 $134,040 $26,940 $107,100
2019 $6,538 $134,040 $26,940 $107,100
2018 $6,132 $34,638 $10,079 $24,559
2017 $6,098 $32,678 $7,974 $24,704
2016 $4,211 $32,678 $9,417 $23,261
2015 $892 $32,431 $14,248 $18,183
2014 $892 $30,596 $13,270 $17,326
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julie Thum

    DiTommaso Real Estate

    (347) 979-3993

    1 in this area

    15 Total Sales

    Julie Thum
    Section Image
  • Julie R. Thum

    Buyer's Agent in 2021

    Julie R. Thum

    RE/MAX

    (917) 757-3291

    1 in this area

    22 Total Sales

    Julie R. Thum
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451824

Brooklyn Board of REALTORS®

APN: 05201-0011

New York Kings County Brooklyn 11226 Ditmas Park

510 E 16th St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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