NOT LISTED FOR SALE

Estimated Value: $1,924,000 - $2,310,641

5 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Highlights

  • Pre War Building
  • 4-minute walk to Newkirk Avenue (B,Q Line)
  • Patio
  • Ditmas Junior High school Rated A-
  • Building Terrace
  • Central Air

About This Home

As of October 2020

Welcome home to this 5 Bedroom, 3 Bathroom Duplex with Private Porch, Laundry Room, Basement Storage, and Driveway Parking! (Be advised -- Apartment #2 is the 2nd and 3rd Floor of this 3 story building No Dogs and No Cats are allowed in the apartment the apartment is NOT FURNISHED.)

551 Argyle Road is a detached 2-family house nestled on a lush, tree-lined street in Ditmas Park. Apartment #2 includes the top two floors of this classic building which combines contemporary luxury and modern convenience with vintage Brooklyn charm and a wealth of original details.

Explore and enjoy this spacious duplex apartment with fully renovated kitchen, stylishly updated bathrooms, updated laundry room, and modern HVAC system thru the entire apartment. Indulge in the luxury details of hardwood floors with original border inlays, beautiful wood moldings and solid wood doors, decorative fireplaces with brick surrounds and hardwood mantles, arched doorways, bay windows, stained glass accents, and a fabulous front porch.

Ditmas Park is a charming residential neighborhood known for its suburban vibe, its striking collection of turn-of-the-century houses, and its richly landscaped yards. Located in the southern half of the neighborhood, 551 Argyle Road is just steps from all the restaurants, bars, cafes, and shops that line Coney Island and Newkirk Avenues and Cortelyou Road. It is close to several schools, and is 5 minutes from the B and Q subway lines.

Last Agent to Rent the Property

Robert Bell

Compass License #10401239356 Listed on: 09/12/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,710

Year Built

  • Built in 1910

Lot Details

  • 4,008

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 2-Story Property
  • Patio
  • Lot Dimensions are 40.0 x 100.0
  • Central Air

Listing and Financial Details

  • Property Available on 10/15/20
  • Legal Lot and Block 54 / 5199

Community Details

Overview

  • Ditmas Park West Subdivision

Amenities

  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,710

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Available Date: 2020-10-15

Listing Details

  • Cross Street: Ditmas Avenue/Newkirk Avenue
  • Exposures: East,North,South
  • Property SubType: Multi Family
  • Property Type: Residential Lease
  • Neighborhood: Ditmas Park West
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 40.0 x 100.0

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 5199
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
551 Argyle Rd Inc
Bought by
Mnookin Isabel and Mnookin Jacob
Current Estimated Value
$2,169,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Outstanding Balance
$1,152,697
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,016,963

Purchase Details

Closed on
Jan 7, 2018
Sold by
Darrell Williams Keiosha
Bought by
551 Argyle Rd Inc

Purchase Details

Closed on
Aug 3, 2017
Sold by
Bennett Dorine
Bought by
551 Argyle Rd Inc

Purchase Details

Closed on
Sep 21, 2005
Sold by
Williams Ernestine
Bought by
Darrell Williams Keiosha
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mnookin Isabel $1,750,000 --
Mnookin Isabel $1,750,000 --
551 Argyle Rd Inc $560,000 --
551 Argyle Rd Inc $560,000 --
551 Argyle Rd Inc $425,000 --
551 Argyle Rd Inc $425,000 --
Darrell Williams Keiosha -- --
Darrell Williams Keiosha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mnookin Isabel $31,131
Open Mnookin Isabel $1,312,500
Closed Mnookin Isabel $1,312,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2020 10/18/20 Rented -- -- --
03/06/2020 03/06/20 For Rent $5,250 -- --
Source: Real Estate Board of New York (REBNY)

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 $11,710 $148,320 $32,220 $116,100
2024 $11,710 $117,180 $32,220 $84,960
2023 $11,094 $143,760 $32,220 $111,540
2022 $9,783 $142,560 $32,220 $110,340
2021 $10,079 $132,540 $32,220 $100,320
2020 $4,727 $126,180 $32,220 $93,960
2019 $9,435 $126,180 $32,220 $93,960
2018 $8,674 $42,551 $12,596 $29,955
2017 $8,183 $40,143 $18,745 $21,398
2016 $7,804 $39,912 $15,841 $24,071
2015 $4,568 $37,656 $21,911 $15,745
2014 $4,568 $37,586 $21,452 $16,134
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10606008

Real Estate Board of New York (REBNY)

APN: 05199-0054