NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $1,824,000

5 Beds
2.5 Baths
3,300 Sq Ft
$480/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $1,065,000 $323 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,672/month

78 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 4-minute walk to Saratoga Park

About This Home

As of August 2019

Situated in Ocean Hill bordering Bushwick, this three story, two family townhouse is built 20 FT wide by 55 FT in depth with over 1,000 SF of living space per floor. The property is currently configured as a two bedroom rental on the top floor over a three bedroom duplex with backyard access.



The garden floor of the duplex is reserved for entertaining with an oversized living room, a separate, formal dining room and a modern kitchen with pantry. This floor also includes access to a powder room as well as the building mechanicals and the southern facing, paved backyard.



The upper floor of the duplex would benefit from an alternative layout in order to maximize functionality and create a better use of space. It is currently arranged as three bedrooms plus an additional non-windowed room which could function as an office, guest room or as you see fit. This floor also accesses a full bathroom.



The top floor and second unit of the building is presently occupied by a tenant and maintains two bedrooms, an open living/kitchen concept, a full bathroom and two additional rooms which would work well as any of the following: guest room, formal dining room or office.



Hardwood floors, exposed brick walls, high ceilings, and historic details such as decorative fireplaces, crown moldings, tin ceilings and woodwork around windows and doors provide the charming aesthetic to this Brooklyn townhouse.



The surrounding neighborhood of Ocean Hill and nearby Bushwick provide a well rounded backdrop of amenities, including Saratoga Park, convenient access to both the J and C trains with the express A train a mere stop away, numerous restaurants, cafes, bars and grocery stores. The friendly surroundings invite you to explore even more.

Last Agent to Sell the Property

Kristen Jock

Compass License #10301209234 Listed on: 05/17/2019

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Stuyvesant Heights Subdivision
  • Water Sewer Expense $1,500

Listing and Financial Details

  • Legal Lot and Block 12 / 1501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,799

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Howard Avenue/Saratoga Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3300.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Fee Information

  • Annual Water Sewer Expense: 1500.0

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 1501
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Aug 8, 2019
Sold by
Lunnon Brian
Bought by
Parsons Donald and Parsons Flora
Seller's Agent
Kristen Jock
Compass
List Price
$1,065,000
Sold Price
$1,065,000
Current Estimated Value
$1,585,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,282
Avg. Annual Appreciation
6.53%
Original Mortgage
$580,000
Outstanding Balance
$507,973
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,077,309

Purchase Details

Closed on
Jul 11, 1997
Sold by
Joshua Reginald
Bought by
Lunnon Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.31%

Purchase Details

Closed on
Apr 1, 1997
Sold by
Joshua Reginald
Bought by
Herrington Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.86%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Scott Clentonl
Bought by
Joshua Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
8.49%
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
Parsons Donald $1,065,000 --
Lunnon Brian $155,000 Fidelity National Title Ins
Herrington Eric $105,010 --
Joshua Reginald $82,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Donald $580,000
Previous Owner Lunnon Brian $124,000
Previous Owner Herrington Eric $105,000
Previous Owner Joshua Reginald $77,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2019 08/08/19 Sold $1,065,000 0.0% $323 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $1,065,000 -- $323 / 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 $3,799 $94,500 $17,580 $76,920
2024 $3,799 $84,660 $17,580 $67,080
2023 $3,667 $86,400 $17,580 $68,820
2022 $3,433 $82,320 $17,580 $64,740
2021 $3,500 $90,300 $17,580 $72,720
2020 $2,635 $75,480 $17,580 $57,900
2019 $3,005 $83,460 $17,580 $65,880
2018 $2,769 $15,045 $3,826 $11,219
2017 $2,622 $14,330 $4,639 $9,691
2016 $2,471 $13,912 $5,226 $8,686
2015 $1,411 $13,906 $7,843 $6,063
2014 $1,411 $13,136 $6,907 $6,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10824744

Real Estate Board of New York (REBNY)

APN: 01501-0012