NOT LISTED FOR SALE

Estimated Value: $940,000 - $1,047,000

5 Beds
2.5 Baths
2,916 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $899,000 $308 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,887/month

35 Days on Market

About This Home

As of July 2024

This home is located at 701 E 78th St, Brooklyn, NY 11236 since 28 March 2024 and is currently estimated at $982,139, approximately $336 per square foot. This property was built in 1960. 701 E 78th St is a home located in Kings County with nearby schools including P.S. 276 Louis Marshall, Is 68 Isaac Bildersee, and Explore Excel Charter School.

Last Agent to Sell the Property

Nicholas Ho

Liberty Chateau Realty Inc Brokerage Phone: 347-542-3913 License #10401241281 Listed on: 03/28/2024

Last Buyer's Agent

Nicholas Ho

Liberty Chateau Realty Inc Brokerage Phone: 347-542-3913 License #10401241281 Listed on: 03/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,853

Year Built

  • Built in 1960

Lot Details

  • 1,867 Sq Ft Lot
  • Lot Dimensions are 18.67x100
  • 1 Common Wall

Parking

  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Ps 276 Louis Marshall Elementary School
  • Is 68 Isaac Bildersee Middle School
  • Acad For Conservation & Environment High School

Additional Features

  • Basement Fills Entire Space Under The House
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 38 / 7999
  • Assessor Parcel Number 07999-0038

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,853

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 347-542-3913
  • BuildingSize: 18x45
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, Other

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Sewer: Other
  • Water Source: None
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 68 Isaac Bildersee

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 18.67x100
  • Lot Size Sq Ft: 1867
  • Lot Size Units: Acres
  • Parcel Number: 07999-0038
  • Zoning Description: R5B
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-07-03

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7853
  • Tax Block: 7999
  • Tax Lot: 38
  • Tax Map Number: 07999-0038

MLS Schools

  • Elementary School: Ps 276 Louis Marshall
  • High School: Acad For Conservation & Environment
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 24, 2024
Sold by
Fla Mortgage Capital 2 Llc
Bought by
Bonhomme Jeanette
Seller's Agent
Nicholas Ho
Liberty Chateau Realty Inc
Buyer's Agent
Nicholas Ho
Liberty Chateau Realty Inc
List Price
$899,000
Sold Price
$899,000
Views
41
Current Estimated Value
$982,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,139
Avg. Annual Appreciation
7.85%
Original Mortgage
$939,481
Outstanding Balance
$928,173
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$53,966

Purchase Details

Closed on
May 24, 2024
Sold by
Theagene Deceased Charlemagne and Theagene Theagene
Bought by
Fla Mortgage Capital 2 Llc

Purchase Details

Closed on
Jul 7, 2004
Sold by
Stein Linda
Bought by
Theagene Charlemagne and Theagene Elda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1997
Sold by
Stein Irving
Bought by
Stein Irving and Stein Linda
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
Bonhomme Jeanette $899,000 --
Fla Mortgage Capital 2 Llc $675,000 --
Theagene Charlemagne $438,000 --
Theagene Charlemagne $438,000 --
Stein Irving -- --
Stein Irving -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonhomme Jeanette $939,481
Previous Owner Theagene Charlemagne $350,400
Closed Theagene Charlemagne $65,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $899,000 0.0% $308 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $899,000 +134.1% $308 / Sq Ft
04/02/2024 04/02/24 Price Changed $384,000 -57.3% $132 / Sq Ft
03/28/2024 03/28/24 For Sale $899,000 -- $308 / 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 $7,913 $66,180 $12,240 $53,940
2024 $7,913 $60,900 $12,240 $48,660
2023 $7,941 $65,400 $12,240 $53,160
2022 $3,023 $56,760 $12,240 $44,520
2021 $3,003 $48,180 $12,240 $35,940
2020 $1,388 $41,160 $12,240 $28,920
2019 $2,775 $41,160 $12,240 $28,920
2018 $2,662 $32,585 $12,219 $20,366
2017 $5,621 $30,741 $11,855 $18,886
2016 $5,177 $29,001 $11,600 $17,401
2015 $3,638 $27,360 $10,200 $17,160
2014 $3,638 $27,360 $10,200 $17,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3540859

OneKey® MLS

APN: 07999-0038