NOT LISTED FOR SALE

Estimated Value: $1,318,585 - $1,498,000

4 Beds
4 Baths
2,000 Sq Ft
$707/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2021

Last sale price $1,260,500 $630 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,760 / mo

3277 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Building Patio
  • P.S. 5 Dr Ronald Mcnair Rated 9+
  • Intercom
  • Patio

About This Home

As of February 2021

Welcome to 720 Jefferson: a lovely, fully renovated two family home on an idyllic leafy block of Bedford-Stuyvesant, Brooklyn. Located right off Malcom X- replete with shops, restaurants and services (Chez Oskar, Tribeca Pediatrics, L'Antagoniste, Peaches, Saraghina, and more) this is the perfect affordable townhouse with style and substance. Ideal either for a live + income use or conversion to a single family home in the future. The large backyard is ready for your fall barbeques and quiet evenings by a fire pit. As you enter you'll find a great room with original fireplace mantel, high ceilings, large open entertaining space and open kitchen, with a large second bedroom facing the garden. Downstairs is a windowed basement (windows not visible in photo), laundry, and ample room for a guest suite, playroom, gym, or home office. Also, there is also a full bathroom on this level, a bonus for guests! Upstairs is the master suite with a custom barn door which also overlooks the garden. The two bedroom rental upstairs is currently leased until Sept 2021 with the tenant paying $1750 a month (reduced due to covid, previously rented at $2100). It's completely renovated and highly desirable and tenant is in very good standing. Please note that we are not showing the tenant apartment on first showings. An excellent opportunity to own a mint condition home on one of the most charming blocks of Bed-Stuy.

Last Agent to Sell the Property

Christine Blackburn

Compass License #30BL1044983 Listed on: 09/24/2020

Compass

Co-Listed By

Stephen Filipponi

Compass License #40FI1149681

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 21 / 1657

Community Details

Overview

  • Stuyvesant Heights Subdivision

Amenities

  • Building Patio
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Malcolm X Boulevard/Patchen Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Patio, Building Terrace, Patio, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1657
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 25, 2021
Sold by
Wu Brandon
Bought by
Acharya Swati
Seller's Agent
Christine Blackburn
Compass
List Price
$1,260,500
Sold Price
$1,260,500
Current Estimated Value
$1,413,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,646
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Jun 9, 2015
Sold by
Meskill Ashley E and Meskill Matthew A
Bought by
Wu Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2013
Sold by
69 Avenue Inc
Bought by
Meskill Ashley E and Meskill Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,468
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2012
Sold by
Lebron Edwin
Bought by
Kings Acquisitions Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Acharya Swati $1,260,500 --
Acharya Swati $1,260,500 --
Acharya Swati $1,260,500 --
Wu Brandon $999,000 --
Wu Brandon $999,000 --
Wu Brandon $999,000 --
Meskill Ashley E $670,000 --
Meskill Ashley E $670,000 --
Kings Acquisitions Inc $335,000 --
69 Avenue Inc $365,000 --
Kings Acquisitions Inc $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Brandon $599,000
Previous Owner Meskill Ashley E $614,468
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $1,260,500 0.0% $630 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
01/27/2012 01/27/12 For Sale $1,260,500 -- $630 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $2,590 $86,040 $16,380 $69,660
2024 $2,590 $82,020 $16,380 $65,640
2023 $2,619 $96,480 $16,380 $80,100
2022 $2,489 $89,040 $16,380 $72,660
2021 $2,523 $72,360 $16,380 $55,980
2020 $2,408 $60,480 $16,380 $44,100
2019 $2,248 $53,100 $16,380 $36,720
2018 $2,191 $10,747 $3,456 $7,291
2017 $2,118 $10,389 $3,368 $7,021
2016 $1,698 $10,045 $3,390 $6,655
2015 $371 $9,478 $3,940 $5,538
2014 $371 $8,956 $4,469 $4,487
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825086

Real Estate Board of New York (REBNY)

APN: 01657-0021

Your Personal Tour Guide

Ask me questions while you tour the home.