Seller's Agent in 2020
Mitchell Duong
Momentum Real Estate LLC
(718) 382-0005
1 in this area
24 Total Sales
565 40th St Brooklyn, NY 11232
Sunset Park NeighborhoodEstimated Value: $1,294,000 - $1,566,000
5
Beds
3
Baths
2,064
Sq Ft
$674/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Back Yard
- 4-minute walk to Sunset Park
- Heating System Uses Steam
About This Home
As of January 2020Beautifully attached 3 family brick house, 3 levels plus basement situated near the beautiful SUNSET PARK! building 17X40 on a 17X100 lot. Great location near all the stores on 5th Avenue, 8th Avenue, industry city. High-income potential, move in condition. Can be delivered vacant.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,722
Year Built
- Built in 1915
Lot Details
- 1,670 Sq Ft Lot
- Lot Dimensions are 100 x 17
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,064 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Community Details
- 3 Units
- 3 Vacant Units
Listing and Financial Details
- Tax Block 913
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2019
Closed on
Jan 6, 2020
Sold by
Martinez Olga
Bought by
Lummus Kate
Seller's Agent
Mitchell Duong
Momentum Real Estate LLC
Buyer's Agent
Priscilla Tran
Momentum Real Estate LLC
Sold Price
$1,200,000
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
$191,135
Avg. Annual Appreciation
2.66%
Original Mortgage
$960,000
Outstanding Balance
$851,822
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$541,385
Purchase Details
Closed on
Nov 25, 2011
Sold by
Martinez Fermin
Bought by
Martinez Olga
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,014
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 1, 1995
Sold by
Velazquez Elizabeth
Bought by
Martinez Fermin and Martinez Olga
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 |
|---|---|---|---|
| Lummus Kate | $1,200,000 | -- | |
| Martinez Olga | -- | -- | |
| Martinez Fermin | $172,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lummus Kate | $120,299 | |
| Open | Lummus Kate | $960,000 | |
| Previous Owner | Martinez Olga | $86,014 | |
| Previous Owner | Martinez Fermin | $15,000 | |
| Previous Owner | Martinez Fermin | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2020 01/07/20 | Sold | $1,200,000 | -- | $581 / Sq Ft |
| 05/10/2019 05/10/19 | 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 | $7,182 | $88,260 | $24,600 | $63,660 |
| 2024 | $7,182 | $76,920 | $24,600 | $52,320 |
| 2023 | $5,799 | $94,380 | $24,600 | $69,780 |
| 2022 | $5,626 | $103,380 | $24,600 | $78,780 |
| 2021 | $3,866 | $62,700 | $24,600 | $38,100 |
| 2020 | $2,499 | $63,420 | $24,600 | $38,820 |
| 2019 | $4,722 | $67,440 | $24,600 | $42,840 |
| 2018 | $4,601 | $22,572 | $9,199 | $13,373 |
| 2017 | $4,559 | $22,363 | $8,617 | $13,746 |
| 2016 | $4,218 | $21,099 | $9,687 | $11,412 |
| 2015 | $2,325 | $19,905 | $12,076 | $7,829 |
| 2014 | $2,325 | $18,810 | $13,694 | $5,116 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Duong
-
Priscilla Tran
Buyer's Agent in 2020
Priscilla Tran
Momentum Real Estate LLC
(917) 548-6668
45 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 429815
APN: 00913-0046
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