NOT LISTED FOR SALE

Estimated Value: $1,568,552 - $2,442,000

4 Beds
4 Baths
2,000 Sq Ft
$1,038/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $1,380,000 $690 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,505/month

Highlights

  • Victorian Architecture
  • 3-minute walk to Newkirk Avenue (B,Q Line)
  • Back Yard
  • Ditmas Junior High school Rated A-
  • Private Driveway

About This Home

As of October 2019

Welcome to Ditmas Parks’ most beautiful property on the market. 514 East 16th street is a one of a kind 4 bedrooms, 4 bathrooms (2 half bathrooms) with charm to spare. Upon entry you will find an open living room perfect for entertaining that adjoins to you dream dining room. A dining room big enough for a table to sit 12 of your closest family and friends with access to your kitchen from both your dining room and living room. Also on the first floor is a sun-drenched patio, a guest bedroom with a renovated bathroom attached. As you make your way up to the second floor you will find yourself in awe of the coffered ceilings, stunning parquet floors and original center stair and moldings. On the second floor you will find 3 HUGE bedrooms each with it’s own personal charm and large enough to meet any of your families needs, with two and a half recently renovated bathrooms one including a Jacuzzi. The third floor provides large attic space that could easily be converted to provide additional living space. The basement while unfinished has amazing potential with big open layout. Outside you will find a private driveway big enough to line up 3 cars, a charming backyard, a one car garage, and a dream patio to enjoy the beauty of Ditmas Park. This property sits on East 16th between Ditmas Ave and Newkirk Ave, two blocks from the Newkirk Plaza Train Station, and only a block away from shopping and dining on Newkirk Ave.

Last Buyer's Agent

Delton Cheng

Century 21 Homefront Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,351

Year Built

  • Built in 1899

Lot Details

  • 3,825 Sq Ft Lot
  • Lot Dimensions are 75 x 51
  • Back Yard
  • Property is zoned R1-2

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Parquet Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Parking Spaces
  • Private Driveway

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5201

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,351

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 3.00
  • Borough: Brooklyn
  • Building Length: 33.00
  • Building Width: 32.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ditmas ave
  • Cross Street Name2: Newkirk ave
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 2000
  • Building Stories: 2
  • Street Name I D X: 16
  • Building Style: Victorian
  • Year Built: 1899
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Parquet
  • Lot Sq Ft: 3825

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 13
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 75
  • Lot Size Width: 51
  • Zoning: R1-2

Tax Info

  • Flip Tax Amount: 6351.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Oct 4, 2019
Sold by
Aaronson Arthur and Aaronson Thuyngoc
Bought by
Kamoosi James and Wing Laura
Buyer's Agent
Delton Cheng
Century 21 Homefront Realty
Sold Price
$1,380,000
Current Estimated Value
$2,076,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,638
Avg. Annual Appreciation
6.77%
Original Mortgage
$270
Outstanding Balance
$235
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,076,403

Purchase Details

Closed on
May 24, 2010
Sold by
Aaronson Arthur
Bought by
Aaronson Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,354
Interest Rate
5.12%

Purchase Details

Closed on
Oct 31, 1995
Sold by
Aaronson Arthur
Bought by
Aaronson Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,678
Interest Rate
7.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kamoosi James $1,380,000 --
Kamoosi James $1,380,000 --
Kamoosi James $1,380,000 --
Aaronson Arthur -- --
Aaronson Arthur -- Commonwealth Land Title Ins
Aaronson Arthur -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamoosi James $270
Closed Kamoosi James $270
Previous Owner Aaronson Arthur $204,354
Previous Owner Aaronson Arthur $8,678
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $1,380,000 -- $690 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,888 $108,582 $23,442 $85,140
2024 $7,888 $127,782 $23,442 $104,340
2023 $7,756 $133,080 $24,420 $108,660
2022 $7,193 $107,400 $24,420 $82,980
2021 $7,583 $117,780 $24,420 $93,360
2020 $5,687 $127,320 $24,420 $102,900
2019 $6,553 $117,840 $24,420 $93,420
2018 $6,190 $31,824 $8,957 $22,867
2017 $5,821 $30,025 $7,231 $22,794
2016 $5,692 $30,025 $8,534 $21,491
2015 $3,197 $28,909 $12,533 $16,376
2014 $3,197 $27,273 $14,192 $13,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 426349

Brooklyn Board of REALTORS®

APN: 05201-0013