NOT LISTED FOR SALE

712 Monroe St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,375,000 - $1,638,000

3 Beds
2.5 Baths
1,377 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $995,000 $723 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,902/month

26 Days on Market

About This Home

As of May 2019

It is not too good to be true! This lovely single-family townhouse offers three-bedrooms, 2.5 baths and an extra deep backyard for the price of a two-bedroom apartment! On a quiet, picturesque tree-lined block, 2.5 blocks from the Gates Avenue J/Z trains and a short jaunt to the A/C trains at Utica, 712 Monroe is incredibly sweet as is, but with an additional 1000+ square feet of FAR, could become your dream home. On the parlor floor youll find the living room with the original marble mantel and the eat-in kitchen. Up the center staircase, both bedrooms are well-proportioned, while on the garden floor youll find a third bedroom, a full bath and a large laundry room. The backyard offers tons of space for gardening, dining, and entertaining. Surrounded by great restaurants and nightlife including The Wilky, LAntogoniste, Toad Style, and Chez Alex, to name a few, the location is great. Incredibly low taxes as well! .

Last Agent to Sell the Property

Heather McMaster

Corcoran Group License #10301200032 Listed on: 04/03/2019

Corcoran Group

Co-Listed By

Ariane Dembs

Corcoran Group License #10401254582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 100.0 x 14.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 1,377 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1642

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,252

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Malcolm X Boulevard & Patchen Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 1377.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 14.0

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 30, 2019
Sold by
Redwood Gemma and Redwood Lucien
Bought by
Newsom Harold Clinton
Seller's Agent
Heather McMaster
Corcoran Group
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,489,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,887
Avg. Annual Appreciation
6.50%
Original Mortgage
$790,000
Outstanding Balance
$695,997
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$793,890

Purchase Details

Listed on
Jun 28, 2017
Closed on
Oct 30, 2017
Sold by
Candice Ellis Adminstrator
Bought by
Redwood Gemma and Redwood Lucien
Seller's Agent
Jacqueline DeVane
Brown Harris Stevens Brooklyn LLC
List Price
$850,000
Sold Price
$890,000
Premium/Discount to List
$40,000
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$700,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2002
Sold by
Pashosh Inc
Bought by
Gotham Realty Associates

Purchase Details

Closed on
Mar 8, 2002
Sold by
Joseph Ann
Bought by
Pashosh Inc
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
Newsom Harold Clinton $995,000 --
Redwood Gemma $890,000 --
Gotham Realty Associates -- --
Pashosh Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newsom Harold Clinton $790,000
Previous Owner Redwood Gemma $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2019 05/30/19 Sold $995,000 0.0% $723 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $995,000 +11.8% $723 / Sq Ft
11/13/2017 11/13/17 Sold $890,000 +4.7% $646 / Sq Ft View Prior Sale
10/14/2017 10/14/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $850,000 -- $617 / 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 $1,252 $87,600 $11,340 $76,260
2024 $1,252 $84,360 $11,340 $73,020
2023 $1,200 $78,540 $11,340 $67,200
2022 $1,115 $64,260 $11,340 $52,920
2021 $1,176 $65,100 $11,340 $53,760
2020 $882 $55,980 $11,340 $44,640
2019 $1,086 $59,280 $11,340 $47,940
2018 $1,464 $4,926 $982 $3,944
2017 $649 $4,656 $1,189 $3,467
2016 $621 $4,656 $1,606 $3,050
2015 $310 $4,575 $1,994 $2,581
2014 $310 $4,328 $2,266 $2,062
Source: Public Records

Agents Affiliated with this Home

  • Heather McMaster

    Seller's Agent in 2019

    Heather McMaster

    Corcoran Group

    (917) 803-4219

    7 in this area

    198 Total Sales

    Heather McMaster
    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Ariane Dembs

    Corcoran Group

    (315) 345-1745

    11 Total Sales

    Ariane Dembs
    Section Image
  • Jacqueline DeVane

    Seller's Agent in 2017

    Jacqueline DeVane

    Brown Harris Stevens Brooklyn LLC

    (718) 878-1746

    2 in this area

    10 Total Sales

    Jacqueline DeVane
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10529717

Real Estate Board of New York (REBNY)

APN: 01642-0027

New York Kings County Brooklyn 11221 Bed-Stuy

712 Monroe St, Brooklyn, NY

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