NOT LISTED FOR SALE

674 Park Place Unit 1 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $1,607,000 - $2,791,000

2 Beds
1 Bath
-- Sq Ft
1901 Built

Highlights

  • Pre War Building
  • Intercom
  • 3-minute walk to Park Place (S Line)

About This Home

As of July 2013

Lovingly maintained 2 bedroom apartment with outdoor space near Franklin Avenue. This garden apartment offers extreme charm with it's open airy layout and many details throughout. Hardwood floors, exposed brick walls, a walk-in closet, new dishwasher and a patio to grill and entertain your friends. Easy Access to the city via 2,3,4,5 & A,C Express Trains. Located on a quiet tree lined street just a short distance from all the many bars, restaurants and shops that Franklin Avenue has to offer.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,798

Year Built

  • 1901

Lot Details

  • Lot Dimensions are 19.0 x 131.0

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Crown Heights Subdivision

Listing and Financial Details

  • Property Available on 6/27/13
  • Legal Lot and Block 24 / 1238

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,798

Year Built

1901

Lot Details

0

Rental Info

  • Available Date: 2013-06-27

Listing Details

  • Cross Street: Franklin Avenue/Bedford Avenue
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Entry Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1901

Interior Features

  • Equipment (Other): Intercom
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 19.0 x 131.0

Building Info

  • New Construction: No
  • Total Stories: 3

Tax Info

  • Tax Block: 1238
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2007
Sold by
Milligan Veletia
Bought by
Langan Sarah and Petty John T
Current Estimated Value
$2,019,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Outstanding Balance
$426,164
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,485,912

Purchase Details

Closed on
Jan 6, 2004
Sold by
Brown Omar and Leiba Cheryl
Bought by
Milligan Veletia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2002
Sold by
Green Ricardo
Bought by
Brown Omar A and Leiba Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.88%

Purchase Details

Closed on
May 7, 2001
Sold by
Buchanan Jaison
Bought by
Green Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.09%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Buchanan Jaison
Bought by
Buchanan Jaison and Vinson Brenda C

Purchase Details

Closed on
Feb 9, 1998
Sold by
Buchanan Jaison
Bought by
Buchanan Jaison and Buchanan Gordon D

Purchase Details

Closed on
Jun 9, 1996
Sold by
Buchanan Daisy
Bought by
Buchanan Gordon D
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
Langan Sarah $860,000 --
Langan Sarah $860,000 --
Milligan Veletia $590,000 --
Milligan Veletia $590,000 --
Brown Omar A -- --
Brown Omar A -- --
Green Ricardo -- --
Green Ricardo -- --
Buchanan Jaison $55,000 Lawyers Title Insurance Corp
Buchanan Jaison -- Lawyers Title Insurance Corp
Buchanan Jaison -- Lawyers Title Insurance Corp
Buchanan Jaison -- Lawyers Title Insurance Corp
Buchanan Gordon D -- American Title Ins Co
Buchanan Gordon D -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langan Sarah $221,822
Closed Langan Sarah $11,251
Open Langan Sarah $688,000
Closed Langan Sarah $688,000
Previous Owner Milligan Veletia $64,500
Previous Owner Milligan Veletia $516,000
Previous Owner Milligan Veletia $500,000
Previous Owner Brown Omar A $375,000
Previous Owner Green Ricardo $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Rented -- -- --
06/30/2013 06/30/13 Under Contract -- -- --
06/27/2013 06/27/13 For Rent -- -- --
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 $3,798 $114,780 $23,580 $91,200
2024 $3,798 $112,980 $23,580 $89,400
2023 $3,840 $123,060 $23,580 $99,480
2022 $3,746 $114,300 $23,580 $90,720
2021 $3,726 $101,700 $23,580 $78,120
2020 $1,747 $112,200 $23,580 $88,620
2019 $3,296 $108,540 $23,580 $84,960
2018 $3,212 $15,758 $2,720 $13,038
2017 $3,188 $15,638 $4,259 $11,379
2016 $2,949 $14,754 $4,816 $9,938
2015 $1,779 $13,919 $6,819 $7,100
2014 $1,779 $13,132 $6,118 $7,014
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10176530

Real Estate Board of New York (REBNY)

APN: 01238-0024

New York Kings County Brooklyn 11216 Crown Heights

674 Park Place Unit 1, Brooklyn, NY

This home is located at 674 Park Place Unit 1, Brooklyn, NY 11216 since 27 June 2013 and is currently priced at $2,087,613. This property was built in 1901. 674 Park Place Unit 1 is a home located in Kings County with nearby schools including Elijah Stroud Middle School, Explore Exceed Charter Lower School, and Epiphany Lutheran School.

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