NOT LISTED FOR SALE

707 Pine St Brooklyn, NY 11208

East New York Neighborhood

Estimated Value: $800,000 - $834,627

6 Beds
3 Baths
2,000 Sq Ft
$406/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $695,000 $348 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,786/month

22 Days on Market

Highlights

  • Property is near public transit
  • Combination Dining and Living Room
  • Baseboard Heating
  • Main Floor Bedroom

About This Home

As of February 2023

CALLING ALL SEASONED INVESTORS/NEW INVESTORS/FIRST TIME HOME OWNERS LOOKING FOR AN OPPORTUNITY THIS 6 BEDROOMS 3 FULL BATH POTENTIAL INCOME GENERATING MACHINE HAS SO MUCH TO OFFER. 3 BEDROOMS OVER 3 BEDROOM LAYOUT THE BASEMENT IS FINISHED WITH TWO BONUS ROOMS AND A SEPARATE WALK OUT ENTRANCE. LONG DRIVEWAY ENOUGH TO FIT AS MUCH CARS AS POSSIBLE NEEDS SOME TLC POTENTIAL TO MAKE THE BASEMENT A LEGAL UNIT WITH EAST NEW YORK PILOT PROGRAM CAN COME WITH RENTAL INCOME IN PLACE SOLD AS-IS WITH A 6 YEAR PAYING TENANT

Last Agent to Sell the Property

Steven Pratt

Millionaire Minds Realty License #10491211059 Listed on: 10/24/2022

Co-Listed By

Crystal Gonzalez

Exit Realty First Choice License #10401300476

Exit Realty First Choice

Last Buyer's Agent

Crystal Gonzalez

Exit Realty First Choice License #10401300476

Exit Realty First Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1965

Lot Details

  • 2,917 Sq Ft Lot
  • Lot Dimensions are 29.17x100
  • No Common Walls

Home Design

  • Shake Siding
  • Cedar

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Carport
  • Driveway

Location

  • Property is near public transit

Schools

  • Ps 224 Hale A Woodruff Elementary School
  • Van Siclen Community Middle School
  • Perf Arts & Tech High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Legal Lot and Block 43 / 4485
  • Assessor Parcel Number 04485-0043

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,353

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: NEEDS TLC
  • Year Built: 1965
  • New Construction: No
  • Attribution Contact: 929-400-1063
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2000.00
  • Kitchens: 2
  • Square Footage: 2000.00

Exterior Features

  • Construction Materials: Other, Cedar, Shake Siding
  • Flood Zone Date: 2022-10-25
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Carport, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Van Siclen Community Middle School

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 29.17x100
  • Lot Size Sq Ft: 2917.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04485-0043
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Tax Info

  • Close Date: 2023-02-03
  • Tax Annual Amount: 6353.24
  • Tax Block: 4485
  • Tax Lot: 43
  • Tax Map Number: 04485-0043

Multi Family

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

MLS Schools

  • Elementary School: Ps 224 Hale A Woodruff
  • High School: Perf Arts & Tech High School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Feb 3, 2023
Sold by
Johnson Jeffrey
Bought by
Lake Alvin and Lake Weston
Seller's Agent
Steven Pratt
Millionaire Minds Realty
Buyer's Agent
Crystal Gonzalez
Exit Realty First Choice
List Price
$695,999
Sold Price
$695,000
Premium/Discount to List
-$999
-0.14%
Views
31
Current Estimated Value
$812,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,657
Avg. Annual Appreciation
5.28%
Original Mortgage
$682,411
Outstanding Balance
$656,907
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,750

Purchase Details

Closed on
Apr 7, 2022
Sold by
Johnson As Surviving Tenant Jeffrey
Bought by
Johnson Jeffrey

Purchase Details

Closed on
Sep 17, 2021
Sold by
Johnson Willie
Bought by
Johnson Jeffrey and Johnson Willie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lake Alvin $695,000 --
Johnson Jeffrey -- --
Johnson Jeffrey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Alvin $682,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $695,000 -0.1% $348 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $695,999 -- $348 / Sq Ft
Source: OneKey® MLS

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 $6,797 $47,580 $12,780 $34,800
2024 $6,797 $49,560 $12,780 $36,780
2023 $6,851 $49,080 $12,780 $36,300
2022 $6,066 $47,880 $12,780 $35,100
2021 $2,500 $42,720 $12,780 $29,940
2019 $2,291 $41,340 $12,780 $28,560
2018 $2,206 $28,112 $12,579 $15,533
2017 $4,760 $26,521 $12,666 $13,855
2016 $4,381 $25,020 $12,780 $12,240
2015 $2,746 $24,909 $13,207 $11,702
2014 $2,746 $23,500 $11,725 $11,775
Source: Public Records

Agents Affiliated with this Home

  • Steven Pratt

    Seller's Agent in 2023

    Steven Pratt

    Millionaire Minds Realty

    (929) 400-1063

    1 in this area

    35 Total Sales

    Steven Pratt
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Crystal Gonzalez

    Exit Realty First Choice

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3439158

OneKey® MLS

APN: 04485-0043

New York Kings County Brooklyn 11208 East New York

707 Pine St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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