NOT LISTED FOR SALE

Estimated Value: $767,459 - $784,000

5 Beds
2 Baths
1,800 Sq Ft
$433/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $650,000 $361 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,158/month

24 Days on Market

Highlights

  • Colonial Architecture
  • 1-minute walk to Van Siclen Avenue (3,4 Line)
  • Baseboard Heating
  • Property is near public transit
  • Main Floor Bedroom
  • 2-minute walk to Sankofa Park

About This Home

As of April 2024

2 family in the heart of East New York, home needs work.

Last Agent to Sell the Property

Thameshwar Roy

Century 21 Monticello Realty Brokerage Phone: 718-804-5757 License #10401283095 Listed on: 10/06/2023

Century 21 Monticello Realty

Last Buyer's Agent

John Chetram

Century 21 Monticello Realty License #10311203874

Century 21 Monticello Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1930

Lot Details

  • 1,000 Sq Ft Lot
  • Lot Dimensions are 20x50
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • East New York Elementary-Excellence School
  • East New York Middle Sch-Excellence
  • East Ny Family Academy High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 3-Story Property
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 116 / 4088
  • Assessor Parcel Number 04088-0116

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,031

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 718-804-5757
  • BuildingSize: 20 XS 45
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: East New York Middle Sch-Excellence

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Dimensions: 20x50
  • Lot Size Sq Ft: 1000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04088-0116
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-09

Rental Info

  • Lease Considered: No
  • Available Date: 2024-02-15

Multi Family

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

Tax Info

  • Tax Annual Amount: 2031
  • Tax Block: 4088
  • Tax Lot: 116
  • Tax Map Number: 04088-0116
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: East New York Elementary-Excellence
  • High School: East Ny Family Academy
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Apr 29, 2024
Sold by
Wint Jason D
Bought by
Care Estates Llc
Seller's Agent
Thameshwar Roy
Century 21 Monticello Realty
Buyer's Agent
John Chetram
Century 21 Monticello Realty
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
140
Current Estimated Value
$779,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,115
Avg. Annual Appreciation
13.92%
Original Mortgage
$600,000
Outstanding Balance
$592,983
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,132

Purchase Details

Closed on
May 31, 2019
Sold by
579 Van Siclen Llc
Bought by
Wint Jason D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2017
Sold by
Oliver As Surviving Tenant Compton and The Entirety Of Paulette Oliver Decease
Bought by
579 Van Siclen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Care Estates Llc $650,000 --
Care Estates Llc $650,000 --
Wint Jason D $719,000 --
Wint Jason D $719,000 --
579 Van Siclen Llc $350,000 --
579 Van Siclen Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Care Estates Llc $600,000
Closed Care Estates Llc $600,000
Previous Owner Wint Jason D $719,000
Previous Owner 579 Van Siclen Llc $300,000
Previous Owner Oliver Compton $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $650,000 +8.5% $361 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $599,000 -- $333 / 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 $517 $56,700 $8,040 $48,660
2024 $517 $52,680 $8,040 $44,640
2023 $518 $57,600 $8,040 $49,560
2022 $481 $47,160 $8,040 $39,120
2021 $479 $38,700 $8,040 $30,660
2020 $359 $30,360 $8,040 $22,320
2019 $449 $30,360 $8,040 $22,320
2018 $433 $2,126 $442 $1,684
2017 $409 $2,006 $562 $1,444
2016 $379 $1,896 $595 $1,301
2015 $112 $1,789 $540 $1,249
2014 $112 $1,789 $560 $1,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3508890

OneKey® MLS

APN: 04088-0116