Seller's Agent in 2025
Raul Van Rossum
Citizens International Realty
(347) 392-1771
5 in this area
11 Total Sales
741 E 42nd St Brooklyn, NY 11203
East Flatbush Neighborhood
7
Beds
3
Baths
2,992
Sq Ft
1930
Built
About This Home
As of June 2025Great opportunity for any 1st time home buyer or Investor. This 3-family brick is located in the heart of East Flatbush. This property boasts a 3 over 2 over 2 bedrooms with a finish basement & a Garage. Don't miss this opportunity!
Last Agent to Sell the Property
Citizens International Realty Brokerage Phone: 718-282-6400 License #10491202754 Listed on: 12/09/2024
Last Buyer's Agent
Citizens International Realty Brokerage Phone: 718-282-6400 License #10491202754 Listed on: 12/09/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Parking
- 1 Car Garage
- Carport
Home Design
- Triplex
- Ranch Style House
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
Additional Features
- Finished Basement
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2024
Closed on
May 30, 2025
Sold by
Cato Hazel and Cato Stephen
Bought by
H1 Acquisitions Llc
Seller's Agent
Raul Van Rossum
Citizens International Realty
Buyer's Agent
Raul Van Rossum
Citizens International Realty
List Price
$975,000
Sold Price
$74,500
Premium/Discount to List
-$900,500
-92.36%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$875,892
Avg. Annual Appreciation
22424.34%
Original Mortgage
$580,000
Outstanding Balance
$577,480
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,912
Purchase Details
Closed on
Jan 12, 2017
Sold by
Cato Stephen
Bought by
Cato Hazel and Cato Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,473
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 1999
Sold by
First National Bank Of Chicago
Bought by
Cato Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
7.49%
Purchase Details
Closed on
Jul 15, 1998
Sold by
Yasuda Bank & Trust Company Usa
Bought by
The First National Bank Of Chicago
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $945,000 | -- | |
| Deed | $945,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Bargain Sale Deed | $162,000 | -- | |
| Bargain Sale Deed | $162,000 | -- | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $580,000 | Purchase Money Mortgage | |
| Closed | $580,000 | Purchase Money Mortgage | |
| Previous Owner | $178,473 | New Conventional | |
| Previous Owner | $137,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $74,500 | -92.4% | $25 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 12/09/2024 12/09/24 | For Sale | $975,000 | -- | $326 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $7,046 | $62,940 | $16,500 | $46,440 |
| 2024 | $7,046 | $60,360 | $16,500 | $43,860 |
| 2023 | $6,722 | $69,720 | $16,500 | $53,220 |
| 2022 | $6,233 | $57,060 | $16,500 | $40,560 |
| 2021 | $6,200 | $51,000 | $16,500 | $34,500 |
| 2020 | $4,650 | $40,920 | $16,500 | $24,420 |
| 2019 | $6,116 | $40,920 | $16,500 | $24,420 |
| 2018 | $5,623 | $27,582 | $12,558 | $15,024 |
| 2017 | $5,304 | $26,021 | $12,108 | $13,913 |
| 2016 | $4,908 | $24,549 | $13,891 | $10,658 |
| 2015 | $2,961 | $24,549 | $13,090 | $11,459 |
| 2014 | $2,961 | $24,364 | $12,659 | $11,705 |
Source: Public Records
Agents Affiliated with this Home
-
Raul Van Rossum
Map
Source: OneKey® MLS
MLS Number: 803539
APN: 04989-0079
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