$715,000
SOLD JUL 22, 2020
7 Beds
2.5 Baths
2,860 Sq Ft
2,383 Acres

Recently Sold

$250 Per Sq Ft

Highlights

  • Wood Flooring
  • Garden
  • Laundry Facilities
  • 2 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of July 2020

Excellent opportunity to own a 2-family home in one of Brooklyns hottest neighborhoods, East Flatbush, where development is booming and people are flocking! This 3-story brick house in a very convenient location is the perfect place to call home plus get extra income from a rental apartment. Or invest and rent out both! The spacious first-floor apartment offers a living/dining room combo, kitchen, 2 bedrooms and a full bath. The upper duplex on the second and third floors is a wonderful residence for an owner-occupier. On the main level there's a living room, dining room, big eat-in kitchen, front bedroom that accessed outdoor space and a half bath. The third floor houses 4 bedrooms and a full bath providing comfort for family and guests. This home also features a full finished basement with a family room and laundry/ boiler room. From the basement you can step out the rear yard for summer barbecues and outdoor enjoyment. Other highlights are hardwood floors, generous closet space, gas boiler, built-in 2 car garage, plus a community driveway in the rear with private parking for 2 additional cars. Great potential with some updating needed, in a prime Brooklyn living destination close to shopping at Kings Plaza Mall and Gateway Center, dining establishments and all amenities, as well as the Belt Parkway and other transportation.

Last Agent to Sell the Property

Mohamad Hasan

Listed on: 03/05/2020

Last Buyer's Agent

Mohamad Hasan

Listed on: 03/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,605

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 23.83x100
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Partial Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 7954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,605

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Partial
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 1
  • Beds Total Level3: 4
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 960
  • Building Length: 40.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Foster Ave
  • Cross Street Name2: Farragut Road
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Patio Garden, Other
  • Rooms Total Level1: 4
  • Rooms Total Level2: 4
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 2860
  • Building Stories: 3
  • Street Name I D X: 58
  • Street Number I D X: 717
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1960
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 7
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2383
  • Total Rooms: 12

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 65
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 23.83x100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 6605.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 22, 2020
Sold by
Best As Surviving Spouse Wade M
Bought by
Bernard Kerry Joan
Seller's Agent
Mohamad Hasan
Buyer's Agent
Mohamad Hasan
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.27%
Original Mortgage
$702,049
Outstanding Balance
$626,678
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$888,028
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $715,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $702,049 New Conventional
Previous Owner $30,727 No Value Available
Previous Owner $220,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $2,988,000 +317.9% $263 / Sq Ft
07/22/2020 07/22/20 Sold $715,000 -- $250 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $9,822 $72,480 $12,240 $60,240
2024 $9,822 $72,780 $12,240 $60,540
2023 $9,419 $66,960 $12,240 $54,720
2022 $8,822 $60,600 $12,240 $48,360
2021 $9,300 $46,800 $12,240 $34,560
2020 $6,975 $44,580 $12,240 $32,340
2019 $7,866 $45,480 $12,240 $33,240
2018 $7,220 $38,650 $9,722 $28,928
2017 $6,861 $36,825 $10,124 $26,701
2016 $6,741 $36,825 $11,557 $25,268
2015 $3,970 $35,997 $10,777 $25,220
2014 $3,970 $33,960 $11,640 $22,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 437287

Brooklyn Board of REALTORS®

APN: 07954-0065