NOT LISTED FOR SALE

Estimated Value: $737,376 - $952,000

Studio
3 Baths
2,000 Sq Ft
$433/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $795,000 $398 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,998/month

Highlights

  • Wood Flooring
  • 2-minute walk to New Lots Avenue (3,4 Line)
  • 4-minute walk to Sankofa Park
  • 2 Car Attached Garage
  • Split Air Conditioning

About This Home

As of December 2017

Two Family Residence For Sale In The Upcoming Hood Of East New York. This Brick Building Has A Shared Driveway, And A Private Two Car Garage. This Property Has Had A Full Gut Renovation Includes New Tiled Baths, New Kitchens, Stainless Steel Appliances, Central Heat/ AC And More. Spacious Layout Of A 3 Bedroom Apartment Over A Two Bedroom Apartment And A Full Finished Basement. Truly A Unique Offering. Property Is Located Near 2, 3, 4 & 5 Trains.

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1970

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Split Air Conditioning
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 4311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,178

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: New Lots Av
  • Cross Street Name2: Hegeman Av
  • Handicap Access Y N U: No
  • Heat Delivery: Ductless/Split
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Dishwasher, Refrigerator, Stove
  • Fill Sq Ft Total: 2000
  • Building Stories: 2
  • Street Name I D X: Warwick
  • Year Built: 1970
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 68
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: None

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 4178.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Dec 22, 2017
Sold by
723 Warwick Street Llc
Bought by
Palacios Miguel and Santiago-Palacios Natasha
Buyer's Agent
NON MEMBER
Sold Price
$795,000
Current Estimated Value
$865,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,094
Avg. Annual Appreciation
1.06%
Original Mortgage
$620,000
Outstanding Balance
$518,982
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$346,112

Purchase Details

Closed on
May 31, 2017
Sold by
Jefferson Deceased Lena and Jefferson Sorrells
Bought by
723 Warwick Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Jefferson Lena and Jefferson Shatissa
Bought by
Jefferson Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2006
Sold by
Jefferson Lena
Bought by
Jefferson Lena and Jefferson Shatissa

Purchase Details

Closed on
Feb 23, 2004
Sold by
Coston Marvin D and Jefferson Lena
Bought by
Jefferson Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Jefferson Lena
Bought by
Jefferson Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1995
Sold by
Jefferson Delicia
Bought by
Jefferson Lena
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palacios Miguel $790,000 --
Palacios Miguel $790,000 --
Palacios Miguel $790,000 --
723 Warwick Street Llc $270,750 --
723 Warwick Street Llc $270,750 --
723 Warwick Street Llc $270,750 --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Jefferson Lena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Miguel $620,000
Closed Palacios Miguel $620,000
Previous Owner 723 Warwick Street Llc $270,000
Previous Owner Jefferson Lena $787,500
Previous Owner Jefferson Lena $194,000
Previous Owner Jefferson Lena $162,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2017 12/27/17 Sold $795,000 -- $398 / Sq Ft
10/11/2017 10/11/17 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 $5,692 $40,980 $12,000 $28,980
2024 $5,692 $48,180 $12,000 $36,180
2023 $5,699 $43,260 $12,000 $31,260
2022 $5,285 $36,660 $12,000 $24,660
2021 $5,278 $35,700 $12,000 $23,700
2020 $2,619 $38,580 $12,000 $26,580
2019 $4,940 $36,480 $12,000 $24,480
2018 $4,767 $23,383 $7,743 $15,640
2017 $4,497 $22,062 $9,762 $12,300
2016 $4,178 $20,901 $7,857 $13,044
2015 $2,510 $20,860 $11,754 $9,106
2014 $2,510 $19,680 $13,320 $6,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 415360

Brooklyn Board of REALTORS®

APN: 04311-0068