K
Seller's Agent in 2019
Katarzyna Nowak- Farley
BHHS Fillmore R.E.
(718) 377-6161
17 Total Sales
554 E 87th St Brooklyn, NY 11236
Canarsie NeighborhoodEstimated Value: $935,000 - $1,208,000
5
Beds
3.5
Baths
2,800
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- 6,000 Sq Ft lot
- Terrace
- 2 Car Attached Garage
- Wood Flooring
- Fireplace
- Handicap Accessible
About This Home
As of October 2019Welcome to 554 East 87th Street Being offered for the first time in almost 60 years from the ORIGINAL owners!
We are proud to offer this opportunity to own this amazing 2 family home ( split-level, 2 1/2 story ) in the heart of Canarsie loaded with tons of CHARM and HISTORY. The home was built on a large parcel of land that was used as part of a farm owned by family members of the original owners dating back to the early 1900’s!
This lovely home sits on a MASSIVE 60 x 100 lot on a picturesque, quiet street. Vintage charm awaits your imagination in this traditional home which has so much potential! The home will require some renovations and updating throughout and has been priced accordingly.
An all-cash deal or approved 203K Rehab Loan is strongly preferred. You’ll love the layout of this classic home.
The 1st Floor features a Living Room with an original working WOOD BURNING FIREPLACE, Dining Room, Eat-In Kitchen, and a convenient ½ bath, Walk a few steps up into an ENORMOUS and GRAND great room ideal for entertaining!
On the 2nd Floor, you’ll find 4 Large Bedrooms and 2 Full Baths. You’ll enjoy having plenty of extra space in the FULL-sized basement.
The 2nd unit features 1 Bedroom, Living Room, Kitchen, and Full Bath would be great for additional income and would serve as an ideal In-Law Suite! Additional features such as original hardwood floors throughout, 2 outdoor patios, original woodwork all add to the charm of this home.
With a PRIVATE driveway AND a 2-car GARAGE, parking is never an issue here! A BRAND-NEW ROOF was installed in 2013 and washer, dryer and hot water heater all less than 5 years old. Some renovations, updating, and personal touches will bring this classic home back to its former glory and will serve as a wonderful family home!
Don’t let this one pass you by…OPPORTUNITY AWAITS…. A MUST SEE!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,000
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 100 x 60
- Garden
- Back and Front Yard
Home Design
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Fireplace
- Wood Flooring
- Stove
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- 2 Car Attached Garage
- Private Driveway
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Handicap Accessible
- Terrace
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 7965
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2019
Closed on
Oct 3, 2019
Sold by
Angela D Fiero Co-Administrator
Bought by
Remy Jean-Pierre Caridad and Jean-Pierre Jean Ronald
Seller's Agent
Katarzyna Nowak- Farley
BHHS Fillmore R.E.
Buyer's Agent
Katarzyna Nowak- Farley
BHHS Fillmore R.E.
Sold Price
$790,000
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
$299,054
Avg. Annual Appreciation
5.26%
Original Mortgage
$585,000
Outstanding Balance
$512,489
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$576,565
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 |
|---|---|---|---|
| Remy Jean-Pierre Caridad | $780,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Remy Jean-Pierre Caridad | $585,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2019 10/03/19 | Sold | $790,000 | -- | $282 / Sq Ft |
| 03/16/2019 03/16/19 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $9,975 | $68,460 | $29,880 | $38,580 |
| 2024 | $9,975 | $57,780 | $29,880 | $27,900 |
| 2023 | $9,516 | $66,000 | $29,880 | $36,120 |
| 2022 | $8,824 | $54,000 | $29,880 | $24,120 |
| 2021 | $8,776 | $41,700 | $29,880 | $11,820 |
| 2020 | $6,582 | $50,580 | $29,880 | $20,700 |
| 2019 | $9,062 | $43,320 | $29,880 | $13,440 |
| 2018 | $10,156 | $49,820 | $25,684 | $24,136 |
| 2017 | $9,581 | $47,000 | $27,375 | $19,625 |
| 2016 | $8,864 | $44,340 | $29,880 | $14,460 |
| 2015 | $5,726 | $44,788 | $21,389 | $23,399 |
| 2014 | $5,726 | $44,788 | $21,389 | $23,399 |
Source: Public Records
Agents Affiliated with this Home
-
Katarzyna Nowak- Farley
-
Giuseppe Papalia
G
Seller Co-Listing Agent in 2019
Giuseppe Papalia
BHHS Fillmore R.E.
(718) 377-6161
16 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 428114
APN: 07965-0087
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