NOT LISTED FOR SALE

Estimated Value: $752,000

-- Bed
-- Bath
2,280 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $1,295,000 $568 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $4,723/month

69 Days on Market

About This Home

As of May 2018

783 Monroe Street is a 19 foot wide and 40 foot deep brownstone, and it needs your help! Sitting on a 100 foot lot across the street from the Reinaldo Salgado Playground and community garden, this two family home has been gutted and has amazing potential. The garden floor has been completely opened up, and the upper levels have been framed out. Bring your architect or contractor along with you to create your dream Bed Stuy brownstone. Cash Deal Required. Come visit 783 Monroe Street, located just one block from the J/Z trains at Gates Avenue and near some of Bedford Stuyvesant's favorite local amenities including The Wilky, Cafe on Ralph, Chez Oscar, Chez Alex Bakery, L'Antagoniste, Zabka, Vegan hot-spot Toad Style, and more!

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 02/14/2018

Corcoran Group

Co-Listed By

Frank Castelluccio

Corcoran Group License #10301200344

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1899

Lot Details

  • Property is in good condition

Home Design

  • Pre War Building

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 66 / 1638

Townhouse Details

Home Type

Townhome

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses

Exterior Features

  • Property Condition: Good

Building Info

  • Units: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1638
  • Tax Lot: 66
  • Building Tax Lot: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2020
Sold by
Semore Realty Holdings Llc
Bought by
Bean David
Current Estimated Value
$752,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,500
Outstanding Balance
$524,660
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 25, 2018
Sold by
783 Monroe Llc
Bought by
Semore Realty Holdings Llc
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$1,295,000
Sold Price
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2016
Sold by
William F Mackey
Bought by
783 Monroe Llc

Purchase Details

Closed on
Feb 6, 2001
Sold by
Arkima Enterprises Inc
Bought by
Ahmed Shaheen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2000
Sold by
Bullock Zelda R
Bought by
Arkima Enterprises Inc

Purchase Details

Closed on
Feb 13, 1997
Sold by
Mortimer Eric G and Mortimer Zelda Bullock
Bought by
Bullock Zelda R and Mortimer Zelda Bullock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.79%
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
Bean David $655,000 --
Semore Realty Holdings Llc $1,150,000 --
783 Monroe Llc $720,000 --
Ahmed Shaheen $290,000 Chicago Title Insurance Co
Arkima Enterprises Inc $145,000 Commonwealth Land Title Ins
Bullock Zelda R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean David $589,500
Previous Owner Semore Realty Holdings Llc $300,000
Previous Owner Semore Realty Holdings Llc $1,050,000
Previous Owner Semore Realty Holdings Llc $150,000
Previous Owner Ahmed Shaheen $261,000
Previous Owner Bullock Zelda R $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $1,295,000 0.0% $568 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $1,295,000 -- $568 / 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
2021 -- $0 $0 $0
2020 $2,445 $79,200 $18,300 $60,900
2019 $2,300 $65,820 $18,300 $47,520
2018 $2,227 $10,926 $3,213 $7,713
2017 $1,599 $10,389 $4,413 $5,976
2016 $1,995 $10,204 $5,850 $4,354
2015 $1,182 $9,627 $8,283 $1,344
2014 $1,182 $9,105 $7,736 $1,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10043079

Real Estate Board of New York (REBNY)

APN: 01638-0066