NOT LISTED FOR SALE

591 Putnam Ave Unit HOUSE Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $2,147,000 - $2,980,000

5 Beds
5 Baths
3,240 Sq Ft
$807/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $1,425,000 $440 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $14,878/month

22 Days on Market

About This Home

As of May 2017

Come join us on one of Bedford Stuyvesant most gorgeous tree lined brownstone blocks, located right off the bustling Lewis avenue. This legal 2 family brownstone home is dripping with original detail lived in and maintained by the same family for nearly half a century.

This is a great chance to create your own stunning beautiful dream home with the ability to live as well as collect rent from day one if you wish. The plumbing and electric have both been updated within the past 5 years. The owners unit is set up as an elegant 4 bedroom triplex with a Large one bedroom rental. This home not only has every detail intact that you could imagine but is a huge Brownstone home with a Building Size of 18 x 45 on a 18 x 100 Lot with a Max FAR of 2 and a total of 3,240 usable sq footage, which is not including the almost 7 ft. basement just waiting to be designed into the ideal family recreation room.

With Taxes as low as 3,649 yearly and all the shopping and dinning options on Lewis avenue coupled with the easy accessibility of the A-C-J train lines and the LIRR only being an extra few steps away this home will not only generate a great rent roll but will be a safe solid Dream Home and investment for years to come. Call or text Schneur Pil to view 917-821-0923

Last Agent to Sell the Property

schneur pil

Revived Residential License #10401274317 Listed on: 03/20/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,648

Lot Details

  • North Facing Home

Home Design

  • 3,240 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Community Details

  • No Home Owners Association
  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,648

Lot Details

0

Listing Details

  • Exposures: North
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area: 3240.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 5

Condo/Co-op/Association

  • Association: No

Building Info

  • New Construction: No
  • Units: 2

Tax Info

  • Tax Block: 1644
  • Tax Annual: 3648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Clutterbuck Peter and Flaherty Nora
Bought by
John T Macleod As Trustees and The Macleod-Holt Family Trust Dated Apri
Current Estimated Value
$2,613,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Outstanding Balance
$465,119
Interest Rate
3.55%
Mortgage Type
Unknown
Estimated Equity
$2,148,278

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 12, 2017
Sold by
Sinclair Bryan and Sinclair Cindy
Bought by
Clutterbuck Peter and Flaherty Nora
Seller's Agent
schneur pil
Revived Residential
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$1,140,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Thelwell Jeanne Edna
Bought by
Asonye Revonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,700
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1999
Sold by
Thelwell Jeanne Edna
Bought by
Thelwell Jeanne Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.73%
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
John T Macleod As Trustees $2,604,000 --
John T Macleod As Trustees $2,604,000 --
Clutterbuck Peter $1,425,000 --
Clutterbuck Peter $1,425,000 --
Asonye Revonia $309,200 --
Asonye Revonia $309,200 --
Thelwell Jeanne Edna -- Lawyers Title Insurance Corp
Thelwell Jeanne Edna -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt As Trustee Winifred $499,000
Previous Owner Clutterbuck Peter $200,000
Previous Owner Clutterbuck Peter $1,140,000
Previous Owner Clutterbuck Peter $71,250
Previous Owner Sinclair Bryan $405,000
Previous Owner Sinclair Cindy $106,000
Previous Owner Asonye Revonia $293,700
Previous Owner Thelwell Jeanne Edna $150,000
Previous Owner Thelwell Jeanne Edna $113,000
Previous Owner Thelwell Jeanne Edna $85,000
Previous Owner Thelwell Jeanne Edna $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $1,425,000 0.0% $440 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $1,425,000 -- $440 / 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 $7,650 $135,120 $21,420 $113,700
2024 $7,650 $106,740 $21,420 $85,320
2023 $7,684 $118,020 $21,420 $96,600
2022 $6,213 $101,820 $21,420 $80,400
2021 $4,713 $89,820 $21,420 $68,400
2020 $2,343 $90,840 $21,420 $69,420
2019 $4,422 $86,580 $21,420 $65,160
2018 $4,266 $20,928 $6,134 $14,794
2017 $4,029 $19,764 $5,741 $14,023
2016 $3,731 $18,662 $7,321 $11,341
2015 $2,029 $18,662 $10,992 $7,670
2014 $2,029 $17,616 $12,444 $5,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10101973

Real Estate Board of New York (REBNY)

APN: 01644-0069