K
Seller's Agent in 2024
Karen Marshall
Exit All Seasons Realty
1 in this area
9 Total Sales
550 E 40th St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated Value: $719,750 - $800,000
3
Beds
2
Baths
1,280
Sq Ft
$591/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Park
- Property is near public transit
- Formal Dining Room
- Zoned Cooling
About This Home
As of September 2024Now available is a magnificent single-family residence situated in the heart of Brooklyn. This exceptional property boasts three well-appointed bedrooms, two full bathrooms, a fully equipped kitchen, a spacious dining room, a comfortable living room, and a welcoming foyer leading to a fully finished walk-out basement. Additionally, it includes a private driveway and a family-friendly backyard, providing ample outdoor space. This meticulously maintained home is conveniently located on a tranquil, tree-lined street, just a short stroll from the 2 and 3 train lines. This remarkable opportunity should not be missed.
Last Agent to Sell the Property
Exit All Seasons Realty Brokerage Phone: 718-416-4411 License #40MA1131409 Listed on: 08/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,615
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
- Fenced
Parking
- Shared Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Formal Dining Room
- Wood Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Location
- Property is near public transit
Schools
- Ps 198 Elementary School
- Andries Hudde Middle School
- Midwood High School
Utilities
- Zoned Cooling
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
- Park
Listing and Financial Details
- Legal Lot and Block 34 / 4956
- Assessor Parcel Number 04956-0034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2024
Closed on
Sep 25, 2024
Sold by
Callender Gail
Bought by
Mckenzie Ashley and Mckenzie Neka A
Seller's Agent
Karen Marshall
Exit All Seasons Realty
Buyer's Agent
Ganeshpersau Samaroo
New York 1 Homes Network Inc
List Price
$715,000
Sold Price
$730,000
Premium/Discount to List
$15,000
2.1%
Views
59
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
$26,438
Avg. Annual Appreciation
2.82%
Original Mortgage
$716,777
Outstanding Balance
$706,764
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$49,674
Purchase Details
Closed on
Nov 14, 2012
Sold by
Watts Cynthia and Watts Michael D
Bought by
Callender Gail
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,160
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 5, 2002
Sold by
Haynes Christopher
Bought by
Watts Michael D and Watts Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.03%
Purchase Details
Closed on
May 3, 2002
Sold by
Haynes Carol
Bought by
Haynes Christopher and Haynes Annette
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 |
|---|---|---|---|
| Mckenzie Ashley | $730,000 | -- | |
| Mckenzie Ashley | $730,000 | -- | |
| Callender Gail | $220,200 | -- | |
| Callender Gail | $220,200 | -- | |
| Watts Michael D | -- | -- | |
| Watts Michael D | -- | -- | |
| Haynes Christopher | -- | -- | |
| Haynes Christopher | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckenzie Ashley | $716,777 | |
| Closed | Mckenzie Ashley | $716,777 | |
| Previous Owner | Callender Gail | $209,160 | |
| Previous Owner | Watts Michael D | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $730,000 | +2.1% | $570 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 08/04/2024 08/04/24 | For Sale | $715,000 | -- | $559 / Sq Ft |
Source: OneKey® MLS
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 | $5,605 | $40,860 | $12,420 | $28,440 |
| 2024 | $5,605 | $42,000 | $12,420 | $29,580 |
| 2023 | $5,331 | $42,480 | $12,420 | $30,060 |
| 2022 | $5,020 | $38,280 | $12,420 | $25,860 |
| 2021 | $4,982 | $37,200 | $12,420 | $24,780 |
| 2020 | $2,476 | $33,180 | $12,420 | $20,760 |
| 2019 | $4,816 | $29,880 | $12,420 | $17,460 |
| 2018 | $4,399 | $23,040 | $11,117 | $11,923 |
| 2017 | $4,216 | $22,152 | $11,492 | $10,660 |
| 2016 | $3,868 | $20,901 | $11,326 | $9,575 |
| 2015 | $2,301 | $20,901 | $13,696 | $7,205 |
| 2014 | $2,301 | $20,352 | $13,336 | $7,016 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Marshall
-
Ganeshpersau Samaroo
Buyer's Agent in 2024
Ganeshpersau Samaroo
New York 1 Homes Network Inc
(347) 255-6260
2 in this area
24 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3569397
APN: 04956-0034
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