NOT LISTED FOR SALE

Estimated Value: $1,639,000 - $2,171,697

8 Beds
5 Baths
3,101 Sq Ft
$618/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $1,540,000 $497 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,901/month

106 Days on Market

About This Home

As of July 2018

40 x 100 detached 2 family Colonial offers an amazing investment opportunity. Nestled among century-old Victorian Brooklyn, this home is configured with a 4-room attic apartment over a 5 room 2nd floor apt. over another 5 room 1st floor apt. plus a generous oversized full finished basement totaling 8 bedrooms and 5 full baths. Vacancy is optional if you choose to move in and make this your dream home! This home also boasts a large multi car private drive and detached garage. To save on heating bills this home offers 4 zone heating which individually regulates each floor along with brand new AO smith HW heater. Beautiful front lawn and private back yard lends toward summer BBQ and private play area. This lovely home is one block away from the Newkirk Ave. B/Q express subway lines and just a 20 minute ride to Manhattan. Close to bustling Cortelyou Rd. and all its eclectic restaurants, cafes, bars, Newkirk Plaza, and public library. Enjoy a show at the nearby-restored Kings Theater, or just a weekend stroll through the farmers market. Call today to view this amazing deal!

Last Agent to Sell the Property

Vera Capozucca

Brown Harris Stevens Brooklyn LLC License #30CA0515339 Listed on: 03/12/2018

Brown Harris Stevens Brooklyn LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,008

Home Design

  • 3,101 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Community Details

  • 3 Units
  • Ditmas Park Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area: 3101.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 8

Building Info

  • Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jul 24, 2018
Sold by
Diaz Aureliano
Bought by
Latif Abdul and Lizu Delara
Seller's Agent
Vera Capozucca
Brown Harris Stevens Brooklyn LLC
List Price
$1,695,000
Sold Price
$1,540,000
Premium/Discount to List
-$155,000
-9.14%
Current Estimated Value
$1,916,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,424
Avg. Annual Appreciation
2.98%
Original Mortgage
$870,225
Outstanding Balance
$754,284
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,162,140

Purchase Details

Closed on
Jul 12, 2006
Sold by
Sharma Gowtam and Sharma Kamlowtie
Bought by
Diaz Aureliano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,250
Interest Rate
6.67%

Purchase Details

Closed on
Oct 24, 1996
Sold by
Fernandez Jose Francis
Bought by
Sharma Gowtam and Sharma Kamlowtie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Latif Abdul $1,540,000 --
Latif Abdul $1,540,000 --
Diaz Aureliano $985,000 --
Diaz Aureliano $985,000 --
Sharma Gowtam $236,000 Lawyers Title Insurance Corp
Sharma Gowtam $236,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latif Abdul $870,225
Closed Latif Abdul $870,225
Previous Owner Diaz Aureliano $49,250
Previous Owner Diaz Aureliano $738,750
Previous Owner Sharma Gowtam $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $1,540,000 -9.1% $497 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $1,695,000 -- $547 / Sq Ft
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 $10,315 $120,720 $31,200 $89,520
2024 $10,315 $108,300 $31,200 $77,100
2023 $9,984 $132,180 $31,200 $100,980
2022 $9,259 $108,180 $31,200 $76,980
2021 $9,547 $111,780 $31,200 $80,580
2020 $4,477 $118,380 $31,200 $87,180
2019 $8,953 $121,920 $31,200 $90,720
2018 $8,351 $40,968 $11,789 $29,179
2017 $7,879 $38,650 $15,751 $22,899
2016 $7,557 $37,803 $13,585 $24,218
2015 $4,398 $35,665 $16,361 $19,304
2014 $4,398 $35,665 $19,633 $16,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10474521

Real Estate Board of New York (REBNY)

APN: 05200-0021