NOT LISTED FOR SALE

Estimated Value: $1,220,000 - $1,984,000

-- Bed
-- Bath
1,608 Sq Ft
$912/Sq Ft Est. Value

Last Sold June 07, 2020

Last sale price $1,390,000 $864 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,292/month

117 Days on Market

About This Home

As of June 2020

Welcome to 726 Foster Ave, a rare four bedroom single family home with parking that's been carefully and lovingly restored. Built in 1920, this attached brick home that sits on a 20'x100' lot, offers period details, modern upgrades and conveniences. The gracious first floor offers an enclosed front porch for entertaining three seasons a year as well as a living room, a separate sitting room/library and a renovated kitchen that opens to the dining room for modern lifestyles. The kitchen has Bosch stainless appliances, a Carerra marble back splash, a large island with ample storage and beautiful pendant lighting. There is also a half bathroom with a washer/dryer right beside the kitchen. Up the center staircase, on the second floor are four bedrooms and large bathroom. Large skylights illuminate the wide hallway as well as the bathroom creating bright and open spaces. Other renovated features include beautifully restored original hardwood floors, new baseboards, recessed lighting, brand new ductless mini split systems, and new windows. The finished basement is a great space for a recreational room and also has an additional half bathroom as well as storage room. 726 Foster Avenue, located in Kensington, is in close proximity to local fresh markets, restaurants, and shopping. Also close by the crowned jewel of Brooklyn, Prospect Park. Transportation includes the Q and F trains about 6 blocks away.

Last Agent to Sell the Property

Rebekah Carver

Douglas Elliman Real Estate License #10301214883 Listed on: 11/11/2019

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,197

Year Built

  • Built in 1920

Lot Details

  • 2,309

Interior Spaces

  • 2-Story Property

Community Details

  • Kensingt Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 10 / 6495

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,197

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Foster Ave and E 7 St
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: KENSINGT
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 6495
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
May 21, 2020
Sold by
Metropolitan Homes Real Estate Group Inc
Bought by
Phillip Dorothy and Phillip Ann
Seller's Agent
Rebekah Carver
Douglas Elliman Real Estate
List Price
$1,439,000
Sold Price
$1,390,000
Premium/Discount to List
-$49,000
-3.41%
Current Estimated Value
$1,466,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,667
Avg. Annual Appreciation
1.00%
Original Mortgage
$1,112,000
Outstanding Balance
$985,386
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
$481,281

Purchase Details

Closed on
May 31, 2019
Sold by
Baba Yov Rachel and Babayov Rachel
Bought by
Metropolitan Homes Real Estate Group Inc and Return Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,250
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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
Phillip Dorothy $1,390,000 --
Metropolitan Homes Real Estate Group Inc $792,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillip Dorothy $1,112,000
Previous Owner Metropolitan Homes Real Estate Group Inc $757,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2020 06/07/20 Sold $1,390,000 -3.4% $864 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $1,439,000 -- $895 / 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 $7,197 $72,360 $16,440 $55,920
2024 $7,197 $79,080 $16,440 $62,640
2023 $7,216 $69,900 $16,440 $53,460
2022 $6,883 $76,620 $16,440 $60,180
2021 $6,846 $84,000 $16,440 $67,560
2020 $5,134 $55,800 $16,440 $39,360
2019 $2,464 $55,800 $16,440 $39,360
2018 $2,359 $29,610 $9,434 $20,176
2017 $2,283 $28,732 $9,719 $19,013
2016 $2,089 $27,108 $10,476 $16,632
2015 $1,196 $25,574 $10,709 $14,865
2014 $1,196 $24,883 $12,300 $12,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10613128

Real Estate Board of New York (REBNY)

APN: 06495-0010