NOT LISTED FOR SALE

582 E 7th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,738,603 - $2,055,000

4 Beds
5 Baths
1,915 Sq Ft
$970/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2018

Last sale price $1,565,000 $817 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,630 / mo

Highlights

  • Wood Flooring
  • Garden
  • Multiple cooling system units
  • Ditmas Junior High school Rated A-

About This Home

As of October 2018

Welcome to East 7th Street a meticulously renovated one family house waiting for the perfect family to call it home. If you’re looking for a spacious and luxurious property look no further. Upon entering this magnificent home, you are welcomed by an inviting entry foyer, followed by an impressive living and dining room, with plenty of windows that bathe the entire room with natural sunlight. The beautiful, modern kitchen has been outfitted with custom wood cabinetry and top of the line stainless steel appliances. Beyond the kitchen is a den, a full bath, and access to the large yard. The 2nd floor has two large bedrooms each with an on-suite bath and plenty of closet space. There is also a massive rooftop deck on the second floor. The master suite is its own oasis. Encompassing the entire third level, the size, sunlight and layout, create an exceptional space. This property also features a fully finished basement with its own bathroom, that can easily be used for your personal recreational area, home office or playroom.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,309

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Garden
  • Back and Front Yard
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,915 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5390

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,309

Year Built

Built in 1920

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 5.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 33.00
  • Building Width: 17.00
  • Co List Office Mls Id: 115540
  • Co List Office Phone: (718) 773-0533
  • Cross Street: Cortelyou Rd
  • Cross Street Name2: Ditmas Av
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Central Air, Patio Garden
  • Fill Sq Ft Total: 1915
  • Building Stories: 3
  • Street Name I D X: 7
  • Building Style: Other
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Exterior: Siding, Stone
  • Foundation Details: Block
  • Lot Number: 29
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 4
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 5309.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Oct 18, 2018
Sold by
Bought by
Sold Price
$1,565,000
Current Estimated Value
$1,856,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,651
Avg. Annual Appreciation
2.25%
Original Mortgage
$900,000
Outstanding Balance
$775,203
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,081,448

Purchase Details

Closed on
Feb 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,565,000 --
$1,565,000 --
$1,565,000 --
$750,000 --
$750,000 --
$750,000 --
$450,000 --
$450,000 --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $900,000
Closed $900,000
Previous Owner $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $1,565,000 -- $817 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,456 $80,040 $21,480 $58,560
2025 $7,034 $88,320 $21,480 $66,840
2024 $7,034 $92,160 $21,480 $70,680
2023 $6,711 $88,140 $21,480 $66,660
2022 $6,239 $77,760 $21,480 $56,280
2021 $6,577 $85,260 $21,480 $63,780
2020 $3,236 $67,800 $21,480 $46,320
2019 $6,105 $67,800 $21,480 $46,320
2018 $5,613 $27,536 $7,671 $19,865
2017 $5,309 $26,043 $9,465 $16,578
2016 $5,206 $26,043 $11,260 $14,783
2015 $2,963 $25,780 $14,827 $10,953
2014 $2,963 $24,322 $16,661 $7,661
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 420862

Brooklyn Board of REALTORS®

APN: 05390-0029

New York Kings County Brooklyn 11218 Kensington

582 E 7th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.