NOT LISTED FOR SALE

Estimated Value: $721,475 - $866,000

6 Beds
2 Baths
2,925 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $770,000 $263 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,346/month

31 Days on Market

Highlights

  • No HOA
  • 1-minute walk to New Lots Avenue (3,4 Line)
  • 3-minute walk to Sankofa Park
  • Home Office
  • Eat-In Kitchen

About This Home

As of July 2022

This brick multi-family home on a tree-lined street in Brooklyn is oozing with potential! Tons of original architectural features including hardwood floors, wooden doors, and moldings throughout. The covered front porch leads to an open stairwell and foyer dividing the two living areas. The first floor has a large living and dining room with a kitchen big enough to accommodate an island and eat-in area. The second-floor living unit is equally spacious. The rooms on both levels are sun-filled with tall windows and ceilings. Each apartment has 3 bedrooms plus a bonus room that can be used as a home office. This multi-family home is in a prime location on a quiet street only 1 block away from the 2, 3 train and close to shops and restaurants.

Last Agent to Sell the Property

Ian Rubinstein

Redfin Real Estate License #10401334306 Listed on: 03/17/2022

Redfin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Home Office
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • 2 Units
  • East New York Subdivision

Listing and Financial Details

  • Legal Lot and Block 0041 / 04078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,784

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: East New York
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Eat-in Kitchen
  • Fireplace: No
  • Living Area Units: Square Feet
  • Dining Room Type: Office

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Lower Level, Lower Level

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 20x100

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1901

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 04078
  • Tax Lot: 0041
  • Tax Annual: 2784.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jul 13, 2022
Sold by
Ormsby Monica and Ormsby Ronald
Bought by
Rahman Mohammed
Seller's Agent
Ian Rubinstein
Redfin Real Estate
List Price
$749,000
Sold Price
$770,000
Premium/Discount to List
$21,000
2.8%
Current Estimated Value
$783,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,365
Avg. Annual Appreciation
0.39%
Original Mortgage
$654,500
Outstanding Balance
$626,241
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,378
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
Rahman Mohammed $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Mohammed $654,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $770,000 +2.8% $263 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $749,000 -- $256 / 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 $3,332 $47,520 $10,080 $37,440
2024 $3,332 $55,920 $10,080 $45,840
2023 $3,179 $49,440 $10,080 $39,360
2022 $2,954 $41,580 $10,080 $31,500
2021 $2,940 $32,100 $10,080 $22,020
2019 $2,892 $34,740 $10,080 $24,660
2018 $2,659 $13,046 $3,140 $9,906
2017 $2,513 $12,330 $3,584 $8,746
2016 $2,328 $11,643 $3,304 $8,339
2015 $1,403 $11,643 $3,096 $8,547
2014 $1,403 $11,520 $3,336 $8,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10936215

Real Estate Board of New York (REBNY)

APN: 04078-0041