NOT LISTED FOR SALE

Estimated Value: $753,750 - $851,000

5 Beds
3 Baths
1,802 Sq Ft
$443/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $659,000 $366 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,728/month

27 Days on Market

About This Home

As of January 2019

Bring your contractor to this East Flatbush Frame 2 family Property that needs some TLC. Built 17 x 53 on a 20 x 100 lot this deep property presents many options... generate great rental income to offset your monthly expenses by renting 1 unit, rent both units for a great return on your investment or combine both units to create a spacious Singe Family Home. This property measures roughly 1,800 square feet between the 2 units with an additional 900 +/- square feet in the basement which has 2 small windows along the detached side of the building allowing for light.

Last Agent to Sell the Property

Joseph Dima

Corcoran Group License #10301216039 Listed on: 01/03/2019

Corcoran Group

Co-Listed By

Josiane Lysius

Corcoran Group License #10301203463

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 100.0 x 20.0

Community Details

  • 2 Units
  • East Flatbush Subdivision

Listing and Financial Details

  • Tax Block 4955

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Clarendon Road & Avenue D
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 4955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Elite Properties Nyc Team Llc
Bought by
Gryne Davis Carol and Robinson Jason
Current Estimated Value
$798,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,612
Outstanding Balance
$825,472
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
-$27,034

Purchase Details

Listed on
Jan 3, 2019
Closed on
Jan 31, 2019
Sold by
Philippe Daphnee and Richberg Daphnee
Bought by
Elite Properties Nyc Team Llc
Seller's Agent
Joseph Dima
Corcoran Group
List Price
$649,000
Sold Price
$659,000
Premium/Discount to List
$10,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$553,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2013
Sold by
Philippe Marie F
Bought by
Philippe Daphnee and Philippe Marie F

Purchase Details

Closed on
Jul 5, 2001
Sold by
Hud
Bought by
Philippe Marie E

Purchase Details

Closed on
Dec 18, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Oct 25, 1996
Sold by
Rf Properties Corp
Bought by
King Orville M and King Jeremy Rupert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,342
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1996
Sold by
Eccleston Patricia and Cavallo Michael J
Bought by
Min Capital Corp
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
Gryne Davis Carol $960,000 --
Elite Properties Nyc Team Llc $553,000 --
Philippe Daphnee -- --
Philippe Marie E -- --
Hud -- --
King Orville M $199,000 --
Rf Properties Corp -- --
Min Capital Corp $107,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gryne Davis Carol $942,612
Previous Owner Elite Properties Nyc Team Llc $553,000
Previous Owner Rf Properties Corp $197,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $659,000 +1.5% $366 / Sq Ft
01/03/2019 01/03/19 For Sale $649,000 -- $360 / 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 $6,987 $49,260 $14,400 $34,860
2024 $6,987 $42,600 $14,400 $28,200
2023 $6,692 $47,340 $14,400 $32,940
2022 $6,309 $51,840 $14,400 $37,440
2021 $6,032 $38,040 $14,400 $23,640
2020 $6,062 $30,780 $14,400 $16,380
2019 $5,651 $30,780 $14,400 $16,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10503967

Real Estate Board of New York (REBNY)

APN: 04955-0021