NOT LISTED FOR SALE

742 Shepherd Ave Brooklyn, NY 11208

East New York Neighborhood

Estimated Value: $616,865 - $870,000

4 Beds
2 Baths
1,560 Sq Ft
$472/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $580,000 $372 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,115/month

199 Days on Market

About This Home

As of June 2022

**HOUSE SOLD WITH GREAT TENANTS. ** Brick 2 family house plus fully finished basement with great ceiling height in fast developing East New York. Extremely low taxes of $1,444. Short walk to subway. First apartment is 2 bedrooms, second apartment is 2 bedrooms. Semi detached home. 20x100 foot lot. Building is 20' wide.

Last Agent to Sell the Property

Jacob Poore

Chase Real Properties LLC License #10401289022 Listed on: 12/04/2021

Co-Listed By

Sabry Humodah

Chase Real Properties LLC License #10311206011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1910

Lot Details

  • 1,999 Sq Ft Lot
  • No Common Walls

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04316-0039

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 347-843-7744
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 4
  • Living Area: 1560.00
  • Square Footage: 1560.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 1999.00
  • Lot Size Units: Acres
  • Parcel Number: 04316-0039
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-04-29
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-06-24
  • Tax Annual Amount: 1444.00
  • Tax Map Number: 04316-0039

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Jun 22, 2022
Sold by
Shohag Mohammed
Bought by
Are Holdings Group Llc
Seller's Agent
Jacob Poore
Chase Real Properties LLC
List Price
$730,000
Sold Price
$580,000
Premium/Discount to List
-$150,000
-20.55%
Current Estimated Value
$736,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,966
Avg. Annual Appreciation
7.75%
Original Mortgage
$520,810
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2012
Sold by
Fixing Houses Inc
Bought by
Shohag Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Scope Housing Llc
Bought by
Fixing Houses Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2011
Sold by
Deutsche Bank Trust Company Americas As
Bought by
Scope Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2011
Sold by
Caesar Joseph N
Bought by
Deutsche Bank Trust Company Americas As
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 Buyer Sale Price Title Company
Are Holdings Group Llc $591,600 --
Are Holdings Group Llc $591,600 --
Shohag Mohammed $430,000 --
Shohag Mohammed $430,000 --
Fixing Houses Inc $223,000 --
Fixing Houses Inc $223,000 --
Scope Housing Llc $157,600 --
Scope Housing Llc $157,600 --
Deutsche Bank Trust Company Americas As $193,930 --
Deutsche Bank Trust Company Americas As $193,930 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Are Holdings Group Llc $104,640
Open Are Holdings Group $607,500
Closed Are Holdings Group Llc $520,810
Previous Owner Shohag Mohammed $449,250
Previous Owner Shohag Mohammed $386,650
Previous Owner Fixing Houses Inc $37,000
Previous Owner Fixing Houses Inc $229,000
Previous Owner Ceasar Joseph N $212,000
Previous Owner Caesar Joseph N O $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $580,000 0.0% $372 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
04/29/2022 04/29/22 Off Market $580,000 -- --
03/08/2022 03/08/22 Price Changed $645,000 -7.2% $413 / Sq Ft
01/16/2022 01/16/22 Price Changed $695,000 -4.8% $446 / Sq Ft
12/04/2021 12/04/21 For Sale $730,000 -- $468 / Sq Ft
Source: OneKey® MLS

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 $1,561 $50,400 $10,080 $40,320
2024 $1,561 $40,200 $10,080 $30,120
2023 $1,566 $49,320 $10,080 $39,240
2022 $1,452 $45,900 $10,080 $35,820
2021 $1,444 $42,120 $10,080 $32,040
2020 $677 $39,300 $10,080 $29,220
2019 $1,355 $34,920 $10,080 $24,840
2018 $1,310 $6,424 $2,025 $4,399
2017 $1,236 $6,061 $2,157 $3,904
2016 $1,143 $5,719 $1,880 $3,839
2015 $690 $5,396 $1,695 $3,701
2014 $690 $5,396 $2,034 $3,362
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacob Poore

    Chase Real Properties LLC

    Section Image
  • Sabry Humodah

    Seller Co-Listing Agent in 2022

    Sabry Humodah

    Chase Real Properties LLC

    (347) 843-7744

    1 in this area

    5 Total Sales

    Sabry Humodah
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6156943

OneKey® MLS

APN: 04316-0039

New York Kings County Brooklyn 11208 East New York

742 Shepherd Ave, Brooklyn, NY

This home is located at 742 Shepherd Ave, Brooklyn, NY 11208 since 04 December 2021 and is currently estimated at $736,966, approximately $472 per square foot. This property was built in 1910. 742 Shepherd Ave is a home located in Kings County with nearby schools including P.S. 202 Ernest S Jenkyns, Van Siclen Community Middle School, and Achievement First Aspire Charter.

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