NOT LISTED FOR SALE

Estimated Value: $725,823 - $1,034,000

3 Beds
2.5 Baths
1,515 Sq Ft
$590/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $670,000 $442 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,111/month

Highlights

  • Wood Flooring
  • 1-minute walk to Grant Avenue
  • Back Yard
  • Hot Water Heating System
  • Laundry Facilities
  • 4-minute walk to Robert E Venable Park

About This Home

As of June 2019

Great condition! Great location in Cypress Hills, Brooklyn! Cypress Hills serves as a border between Brooklyn and Queens, located between the easternmost reaches of Bushwick and the borders of Woodhaven and Ozone Park neighborhoods. A subsection of the much larger East New York neighborhood. 548 Grant Avenue presents a timely opportunity in this market to purchase a property that is increasing in value and located near everything that makes a neighborhood desirable. This two family home has the following features: The first floor has one bedroom, a living room, dining room, an eat-in kitchen, full bathroom and a sunroom. The second floor has one bedroom, a living-room, dining-room, an eat-in kitchen, full bathroom along with an attic, adding additional storage space, making it a great rental unit! Basement is finished with laundry room and bathroom. Note: Each unit can be converted back into two bedrooms...Just two blocks away from Liberty Avenue, you have major grocery stores, banks, a laundry, great restaurants, and the A train is right at the corner of the block. What more can you ask for?

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1901

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,515 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 4222

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,552

Year Built

Built in 1901

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 100.00
  • Building Width: 25.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Glenmore Avenue
  • Cross Street Name2: Pitkin Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area
  • Fill Sq Ft Total: 1515
  • Building Stories: 2
  • Street Name I D X: Grant
  • Waterfront Present: No
  • Year Built: 1901
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Aluminum Siding
  • Foundation Details: Slab Concrete, Other
  • Lot Number: 23
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 1552.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jun 26, 2019
Sold by
Ardilles Carlota
Bought by
Abdul Aziz Mohammed and Abdul Rahman Mohammed
Sold Price
$670,000
Current Estimated Value
$893,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,706
Avg. Annual Appreciation
4.37%
Original Mortgage
$499,900
Outstanding Balance
$437,719
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$455,987

Purchase Details

Closed on
Mar 12, 2005
Sold by
Ardilles Elvio Edwin
Bought by
Ardilles Carlota

Purchase Details

Closed on
Oct 1, 2003
Sold by
Ardilles Carlota and Ardilles Elvio
Bought by
Ardilles Elvio Edwin
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
Abdul Aziz Mohammed $670,000 --
Abdul Aziz Mohammed $670,000 --
Abdul Aziz Mohammed $670,000 --
Ardilles Carlota -- --
Ardilles Carlota -- --
Ardilles Elvio Edwin -- --
Ardilles Elvio Edwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdul Aziz Mohammed $499,900
Closed Abdul Aziz Mohammed $499,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2019 06/26/19 Sold $670,000 -- $442 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $5,529 $54,180 $13,260 $40,920
2024 $5,529 $42,780 $13,260 $29,520
2023 $5,328 $38,340 $13,260 $25,080
2022 $5,166 $42,000 $13,260 $28,740
2021 $5,175 $34,740 $13,260 $21,480
2020 $2,525 $30,360 $13,260 $17,100
2019 $1,740 $30,360 $13,260 $17,100
2018 $1,569 $21,864 $8,850 $13,014
2017 $1,552 $21,567 $10,055 $11,512
2016 $1,427 $20,491 $9,866 $10,625
2015 $788 $20,112 $11,533 $8,579
2014 $788 $19,117 $12,541 $6,576
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 424367

Brooklyn Board of REALTORS®

APN: 04222-0023

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