NOT LISTED FOR SALE

Estimated Value: $3,166,000 - $4,737,000

5 Beds
3 Baths
2,752 Sq Ft
$1,438/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $2,350,000 $854 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $22,231/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Private Driveway
  • P.S. 321 William Penn Rated A
  • Hot Water Heating System
  • Back and Front Yard

About This Home

As of August 2019

Location, Location, Location! This prime Park Slope home with a private driveway is available. The 2-family brick was built in 1955 and features a spacious floorplan. The building size is 19.42 x 60 proving each floor to be 1,001 sq. ft. The first floor unit features 2 bedrooms, a living room, dining room, kitchen and bathroom. While the walk-in basement provides 750 sq. ft. of space to be used as part of the first floor. The second floor features 3 bedrooms, a living room, dining room, kitchen and bathroom. In addition, there is a basement and garage. All units will be delivered vacant. Current rent is $3,650 on each floor. The house needs an all cash buyer or one with a 203K loan. The kitchen and bathroom on the main floor are in need of repair. Owner will be selling the home in "as is" condition.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,833

Year Built

  • Built in 1955

Lot Details

  • 1,942 Sq Ft Lot
  • Lot Dimensions are 19.42 x 100
  • Irregular Lot
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,752 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Partial Basement
  • Stove

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 1076

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,000
  • Insurance Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,833

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Partial
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 19.00
  • Co List Office Mls Id: 114762
  • Co List Office Phone: (718) 921-3100
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Avenue
  • Cross Street Name2: 8th Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2752
  • Building Stories: 2
  • Street Name I D X: 2
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Linoleum
  • Lot Sq Ft: 1942

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 51
  • Roof: Flat, Rubber

Utilities

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

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Dimensions: 19.42 x 100
  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R6B

Multi Family

  • Insurance Expense: 2500.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 15833.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Aug 27, 2019
Sold by
Hull Rosanna and Richinsin Calvin
Bought by
Bourla Ariel and Bourla David
Sold Price
$2,350,000
Current Estimated Value
$3,956,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,606,518
Avg. Annual Appreciation
8.49%
Original Mortgage
$1,880,000
Outstanding Balance
$1,646,369
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,310,149

Purchase Details

Closed on
Oct 17, 2018
Sold by
Hull Trustee Carolyn and The Doris Francis Living Trust
Bought by
Hull Rosanna and Richinsin Calvin

Purchase Details

Closed on
Dec 14, 1994
Sold by
Francis Doris
Bought by
Francis Doris and Hull Carolyn
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
Bourla Ariel $2,350,000 --
Bourla Ariel $2,350,000 --
Bourla Ariel $2,350,000 --
Hull Rosanna -- --
Hull Rosanna -- --
Hull Rosanna -- --
Francis Doris -- Commonwealth Land Title Ins
Francis Doris -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourla Ariel $1,880,000
Closed Bourla Ariel $1,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $2,350,000 -- $854 / Sq Ft
04/11/2019 04/11/19 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 $18,509 $230,760 $39,720 $191,040
2024 $18,509 $245,880 $39,720 $206,160
2023 $18,562 $217,320 $39,720 $177,600
2022 $17,109 $216,900 $39,720 $177,180
2021 $17,019 $201,660 $39,720 $161,940
2019 $15,965 $220,680 $39,720 $180,960
2018 $15,430 $75,691 $16,138 $59,553
2017 $14,559 $71,420 $12,290 $59,130
2016 $13,472 $67,392 $13,618 $53,774
2015 $8,126 $67,382 $20,406 $46,976
2014 $8,126 $63,600 $22,008 $41,592
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 428926

Brooklyn Board of REALTORS®

APN: 01076-0051