NOT LISTED FOR SALE

Estimated Value: $808,000 - $1,076,786

4 Beds
2 Baths
1,830 Sq Ft
$500/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $750,000 $410 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,998/month

44 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Rockaway Avenue (A,C Line)
  • Hot Water Heating System
  • Park

About This Home

As of May 2024

Looking for a pre-war property on a beautiful tree-lined block in Brooklyn? We have just the home you're looking for! Is is conveniently located half a block form the Rockaway Avenue C subway and just a couple blocks from the Broadway Junction J & Z lines. Fulton Street and Atlantic Avenue are also just a couple blocks away. This is a Fannie Mae, HomePath property.

Last Agent to Sell the Property

Jim Pappas

Rock Realty Inc Brokerage Phone: 718-478-4545 License #10311200403 Listed on: 12/23/2023

Last Buyer's Agent

Constantine Pappas

Rock Realty Inc License #10301215463

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1910

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 15x100
  • Two or More Common Walls

Home Design

  • 1,830 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Brooklyn Landmark Elementary School
  • Ps/Is 155 Nicholas Herkimer Middle School
  • Eagle Academy For Young Men Ii High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 68 / 1539
  • Assessor Parcel Number 01539-0068

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,504

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-478-4545
  • BuildingSize: 15x40
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 1830
  • SquareFootage: 1830.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps/Is 155 Nicholas Herkimer

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 15x100
  • Lot Size Sq Ft: 1500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01539-0068
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2504
  • Tax Block: 1539
  • Tax Lot: 68
  • Tax Map Number: 01539-0068

MLS Schools

  • Elementary School: Brooklyn Landmark Elementary School,Ps 150 Christopher,Ps 178 Saint Clair Mckelway,Ps 298 Dr Betty Shabazz,Ps 327 Dr Rose B English,Ps/Is 137 Rachael Jean Mitchell,Ps/Is 155 Nicholas Herkimer
  • High School: Eagle Academy For Young Men Ii
  • Middle School District: Brooklyn 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2023
Closed on
May 17, 2024
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Mekonen Aman F
Seller's Agent
Jim Pappas
Rock Realty Inc
Buyer's Agent
Constantine Pappas
Rock Realty Inc
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Views
92
Current Estimated Value
$914,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,947
Avg. Annual Appreciation
14.80%
Original Mortgage
$981,500
Outstanding Balance
$968,304
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$53,357

Purchase Details

Closed on
Dec 1, 2018
Sold by
Smith Sean R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 24, 2007
Sold by
Brown Noel
Bought by
Kings Realty Management Llc

Purchase Details

Closed on
Aug 20, 2004
Sold by
Powerhouse Realty Corp
Bought by
Brown Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Interest Rate
6.01%

Purchase Details

Closed on
Aug 18, 1998
Sold by
Johnson Johnnie H and Johnson Ada B
Bought by
Johnson Johnnie H and Johnson Ada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
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
Mekonen Aman F $763,687 --
Mekonen Aman F $763,687 --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Kings Realty Management Llc -- --
Kings Realty Management Llc -- --
Brown Noel $314,150 --
Brown Noel $314,150 --
Johnson Johnnie H -- Commonwealth Land Title Ins
Johnson Johnnie H -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mekonen Aman F $981,500
Closed Mekonen Aman F $981,500
Previous Owner Brown Noel $53,400
Previous Owner Brown Noel $251,320
Previous Owner Johnson Johnnie H $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold $750,000 0.0% $410 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
12/23/2023 12/23/23 For Sale $749,900 -- $410 / 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 $2,504 $53,580 $16,080 $37,500
2024 $2,504 $63,060 $16,080 $46,980
2023 $2,532 $77,400 $16,080 $61,320
2022 $2,460 $73,260 $16,080 $57,180
2021 $2,450 $59,280 $16,080 $43,200
2020 $706 $50,940 $16,080 $34,860
2019 $2,173 $54,240 $16,080 $38,160
2018 $2,118 $10,389 $2,909 $7,480
2017 $2,093 $10,268 $3,496 $6,772
2016 $1,940 $9,703 $4,460 $5,243
2015 $1,168 $9,154 $6,314 $2,840
2014 $1,168 $8,658 $5,191 $3,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3522320

OneKey® MLS

APN: 01539-0068