NOT LISTED FOR SALE

Estimated Value: $830,347 - $1,181,000

5 Beds
3 Baths
1,888 Sq Ft
$520/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $924,800 $490 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,736/month

203 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Cypress Hills
  • Granite Countertops
  • Property is near public transit
  • Wood Flooring
  • Den

About This Home

As of June 2022

House is vacant and recently undergone some renovations, including kitchen, wood floors, basement etc. Being sold in as is condition. 1st floor has 2 bedrooms, Living Room, Dining Room, Enclosed Porch and Full Bath. Can be 3 Bedrooms. 2nd Floor has 3 bedrooms, Living Room, Kitchen and Bathroom. Full Finished Basement with Full Bathroom.

Last Agent to Sell the Property

Lionel Racktoo

Charles Rutenberg Realty Inc License #10401220658 Listed on: 08/12/2021

Charles Rutenberg Realty Inc

Last Buyer's Agent

Lionel Racktoo

Charles Rutenberg Realty Inc License #10401220658 Listed on: 08/12/2021

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 1901 | Remodeled in 2021

Lot Details

  • 2,083 Sq Ft Lot
  • Lot Dimensions are 24.5 x 85
  • 1 Common Wall
  • West Facing Home
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Den
  • Wood Flooring
  • Finished Basement

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 7 Abraham Lincoln Elementary School
  • Is 171 Abraham Lincoln Middle School
  • Brooklyn Lab High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / 4109

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,881

Year Built

Built in 1901 | Remodeled in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Two
  • Building Size: 20 x 52
  • Year Built: 1901
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 516-575-7500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Appliances: ENERGY STAR Qualified Refrigerator
  • Interior Amenities: Den/Family Room, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 5
  • Kitchens: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction Materials: Frame, Vinyl Siding
  • Flood Zone Report: No

Garage/Parking

  • Total Parking Spaces: 1.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 7 Abraham Lincoln
  • Middle School: Is 171 Abraham Lincoln
  • High School: Brooklyn Lab School
  • Middle School: Is 171 Abraham Lincoln

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 24.5 x 85
  • Lot Size Sq Ft: 2083.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-06-17
  • Tax Annual Amount: 5881.00
  • Tax Block: 4109
  • Tax Lot: 24

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Ps 7 Abraham Lincoln
  • High School: Brooklyn Lab School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Jun 17, 2022
Sold by
Racktoo Ramdat L
Bought by
Chaglla Veronica G and Muso Nelson
Seller's Agent
Lionel Racktoo
Charles Rutenberg Realty Inc
Buyer's Agent
Lionel Racktoo
Charles Rutenberg Realty Inc
List Price
$948,000
Sold Price
$924,800
Premium/Discount to List
-$23,200
-2.45%
Current Estimated Value
$980,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,037
Avg. Annual Appreciation
2.25%
Original Mortgage
$646,800
Outstanding Balance
$616,250
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$377,767

Purchase Details

Closed on
Nov 3, 2019
Sold by
Ganesh Rajmonny and Ganesh Racktoo R
Bought by
Racktoo Ramdat L

Purchase Details

Closed on
Aug 17, 1999
Sold by
Ganesh Racktoo R and Ganesh Rajmonny
Bought by
Ganesh Racktoo R and Ganesh Rajmonny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Chaglla Veronica G $915,000 --
Chaglla Veronica G $915,000 --
Racktoo Ramdat L -- --
Racktoo Ramdat L -- --
Ganesh Racktoo R -- Commonwealth Land Title Ins
Ganesh Racktoo R -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaglla Veronica G $646,800
Closed Chaglla Veronica G $646,800
Previous Owner Ganesh Rajmonny $250,000
Previous Owner Racktoo R L $100,000
Previous Owner Ganesh Racktoo R $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $924,800 -1.4% $490 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
09/29/2021 09/29/21 Price Changed $938,000 -1.1% $497 / Sq Ft
08/12/2021 08/12/21 For Sale $948,000 -- $502 / Sq Ft
Source: OneKey® MLS

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 $6,137 $41,340 $13,920 $27,420
2024 $6,137 $45,960 $13,920 $32,040
2023 $5,931 $55,260 $13,920 $41,340
2022 $5,543 $43,920 $13,920 $30,000
2021 $5,585 $41,820 $13,920 $27,900
2020 $4,189 $40,020 $13,920 $26,100
2019 $5,034 $40,020 $13,920 $26,100
2018 $4,663 $24,336 $8,781 $15,555
2017 $4,661 $24,336 $8,089 $16,247
2016 $4,346 $23,288 $9,859 $13,429
2015 $2,586 $22,490 $11,915 $10,575
2014 $2,586 $21,219 $13,484 $7,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3337836

OneKey® MLS

APN: 04109-0024