NOT LISTED FOR SALE

Estimated Value: $1,180,000 - $1,740,778

3 Beds
5 Baths
1,092 Sq Ft
$1,334/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2024

Last sale price $999,000 $915 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,023 / mo

Highlights

  • Green Building
  • P.S. 130 - The Parkside School Rated A-
  • 3-minute walk to Fort Hamilton Parkway (F,G Line)

About This Home

As of June 2024

Struggling to find your ideal home? Your chance to craft the house of your dreams is finally here. This 1622 dwelling on a 25101 lot awaits a new owner to complete the transformation into a jaw-dropping 3,400 square foot masterpiece. With its fully detached layout, expansive yard, and a prime location, this property is an opportunity not to be missed. Given its current state, a cash purchase or construction financing is necessary. This frame home has been stripped to its core, providing a blank canvas for your vision of a stunning residence. Additionally, there's approximately 2,300 square feet of available floor area ratio (FAR) on the property. Situated just one block from Prospect Park, the location is unbeatable. Your dream home is within reach! Nestled in the highly sought-after Windsor Terrace, one of Brooklyn's most charming neighborhoods, this area offers a peaceful escape from the city's hustle and bustle. Windsor Terrace boasts a variety of shops and restaurants, including Krupa, Le Paddock, Della's, and more. If you crave green spaces, look no further. This remarkable home features a private backyard and is just a block away from Prospect Park. For more information and additional details, please don't hesitate to inquire.

Last Agent to Sell the Property

Abigail Palanca

Serhant License #10401246167 Listed on: 10/16/2023

Serhant

Last Buyer's Agent

Abigail Palanca

Serhant License #10401246167 Listed on: 10/16/2023

Serhant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,008

Year Built

  • Built in 1925

Lot Details

  • 2,525 Sq Ft Lot
  • Lot Dimensions are 101.00x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,092 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Green Building
  • No Cooling

Community Details

  • Windsor Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 0022 / 05279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,008

Year Built

Built in 1925

Lot Details

2,525 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Windsor Terrace
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 1092.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 3

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2525.0
  • Lot Size Dimensions: 101.00x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: -1
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 05279
  • Tax Lot: 0022
  • Tax Annual: 4008.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
May 31, 2024
Sold by
Richard C Fagan As Trustee and The Richard O Fagan Living Trust
Bought by
Four Winds Dev Llc
Seller's Agent
Abigail Palanca
Serhant
Buyer's Agent
Abigail Palanca
Serhant
List Price
$999,000
Sold Price
$999,000
Views
159
Current Estimated Value
$1,457,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,195
Avg. Annual Appreciation
22.91%

Purchase Details

Closed on
Dec 20, 2018
Sold by
Caraballo Jacqueline and Crincoli Adriana
Bought by
The Richard O Fagan Living Trust

Purchase Details

Closed on
Oct 7, 2010
Sold by
Baldo Marion and Crincoli Louise
Bought by
Crincoli Louise and De Marco Ralph

Purchase Details

Closed on
May 26, 2009
Sold by
Crincoli Louise and De Marco Ralph
Bought by
Baldo Marion and Crincoli Louise

Purchase Details

Closed on
Oct 8, 1999
Sold by
Baldo Marion
Bought by
Demarco Ralph and Crincoli Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Four Winds Dev Llc $1,100,000 --
Four Winds Dev Llc $1,100,000 --
The Richard O Fagan Living Trust $1,400,000 --
The Richard O Fagan Living Trust $1,400,000 --
The Richard O Fagan Living Trust $1,400,000 --
Crincoli Louise -- --
Crincoli Louise -- --
Baldo Marion -- --
Baldo Marion -- --
Demarco Ralph -- --
Demarco Ralph -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $999,000 0.0% $915 / Sq Ft
02/07/2024 02/07/24 For Sale $999,000 -- $915 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
Source: Real Estate Board of New York (REBNY)

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 $4,195 $87,900 $18,840 $69,060
2024 $4,195 $84,060 $18,840 $65,220
2023 $4,002 $87,540 $19,620 $67,920
2022 $3,712 $85,740 $19,620 $66,120
2021 $3,913 $79,740 $19,620 $60,120
2020 $1,927 $85,320 $19,620 $65,700
2019 $3,638 $94,380 $19,620 $74,760
2018 $3,347 $16,420 $3,418 $13,002
2017 $3,158 $15,494 $3,499 $11,995
2016 $3,097 $15,494 $4,143 $11,351
2015 $1,763 $15,350 $6,150 $9,200
2014 $1,763 $14,505 $6,565 $7,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10990314

Real Estate Board of New York (REBNY)

APN: 05279-0022

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