NOT LISTED FOR SALE

Estimated Value: $717,923 - $959,000

7 Beds
2.5 Baths
2,264 Sq Ft
$386/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $650,000 $287 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,068/month

88 Days on Market

About This Home

As of July 2022

Welcome to 618 Pine Street, a beautiful gem in the heart of East New York. This home has a 4 bedroom apartment on the 3rd floor, a full 3 bedroom apartment on the 2nd floor, a studio/work space in the basement, and a DRIVEWAY. This home is a legal 3 family home and with no tenants to work with or to evict. The 4 bedroom on the 3rd floor has two entrances and could be divided if permitted. The basement has its on separate entrance and also has a back exit to the backyard. Both main bedrooms in the units has a separate sitting area which is unheard of in today's real estate market. Best of all the home is in walking distance of the A/C subways and close to neighborhood eateries such as Dave's, Napoli Pizzeria, Dunkin Donuts, & more. This home is located on one of the most historical and esteemed blocks in the area. You will notice quickly that the neighbors take major pride in their home as soon as you visit. This won't last and perfect for anyone who is willing to do some updates.

Last Agent to Sell the Property

Tionna Smalls

eXp Realty License #10401319785 Listed on: 10/07/2021

eXp Realty

Last Buyer's Agent

Tionna Smalls

eXp Realty License #10401319785 Listed on: 10/07/2021

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 1930

Lot Details

  • 1,999 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Driveway

Home Design

  • 2,264 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • JHS 218 James P Sinnott Middle School
  • Transit Tech Career And Tech Edu High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 04281-0045

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,843

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: 845-639-0300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Living Area: 2264.00
  • Square Footage: 2264.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: None
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 218 James P Sinnott

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 1999.00
  • Lot Size Units: Acres
  • Parcel Number: 04281-0045
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2021-11-07

Tax Info

  • Close Date: 2022-07-22
  • Tax Annual Amount: 3843.00
  • Tax Map Number: 04281-0045

Multi Family

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

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Transit Tech Career And Tech Edu
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Rl Realty Ny Llc
Bought by
Lutful Rasel
Current Estimated Value
$873,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Outstanding Balance
$773,579
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,402

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jul 22, 2022
Sold by
Shelton As Trustee Sha-Ella and The Living Trust Of Ella M Shelton
Bought by
Rl Realty Ny Llc
Seller's Agent
Tionna Smalls
eXp Realty
Buyer's Agent
Tionna Smalls
eXp Realty
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Jul 29, 2010
Sold by
Shelton Ella
Bought by
Ella Shelton As Trustee and Living Trust Of Ella M Shelton
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
Lutful Rasel -- --
Lutful Rasel -- --
Rl Realty Ny Llc $650,000 --
Rl Realty Ny Llc $650,000 --
Rl Realty Ny Llc $650,000 --
Ella Shelton As Trustee -- --
Ella Shelton As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutful Rasel $785,000
Closed Lutful Rasel $785,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $650,000 0.0% $287 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
11/07/2021 11/07/21 Off Market $650,000 -- --
10/07/2021 10/07/21 For Sale $850,000 -- $375 / 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 $6,028 $59,580 $10,080 $49,500
2024 $6,028 $47,040 $10,080 $36,960
2023 $5,750 $49,500 $10,080 $39,420
2022 $4,674 $51,660 $10,080 $41,580
2021 $4,644 $39,900 $10,080 $29,820
2020 $2,307 $39,060 $10,080 $28,980
2019 $4,573 $38,220 $10,080 $28,140
2018 $5,103 $23,595 $6,707 $16,888
2017 $1,623 $22,260 $7,906 $14,354
2016 $1,478 $21,000 $10,080 $10,920
2015 $2,389 $22,442 $8,606 $13,836
2014 $2,389 $21,198 $6,906 $14,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6145211

OneKey® MLS

APN: 04281-0045