NOT LISTED FOR SALE

887 Putnam Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,227,000 - $1,656,532

5 Beds
3 Baths
2,250 Sq Ft
$642/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2020

Last sale price $1,030,000 $458 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,999 / mo

64 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Den
  • Park

About This Home

As of December 2020

Property is being sold "AS IS" needs works but has great potential. 887 Putnam Avenue is a well maintained single- family located on of the best blocks in Bedford- Stuyvesant. It consists of 5 bed rooms, and 3 full bathrooms. In additional to the 3 levels of finished living space, there is an unfinished basement with space for storage. The property features many original features including an masterfully decorative mantle, and crown moldings. The property is located on a on 18.75'x100' lot with R6B. There is massive potential to convert to a 2-family and add on more space with additional FAR. (Please consult your architect) Located on an extra wide street. Just 1/2 block away from Ralph Ave with numerous restaurants, cafes, and bars. Conveniently located nearby J/Z train (Gates Ave) and C train (Ralph Avenue).

Last Agent to Sell the Property

Chrystina Peoples

Peoples Realty & Associates Brokerage Phone: 888-276-0630 License #10491212118 Listed on: 08/11/2020

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,764

Year Built

  • Built in 1901

Lot Details

  • 1,875 Sq Ft Lot
  • Lot Dimensions are 18.75x100
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,250 Sq Ft Home
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Additional Features

  • Property is near public transit
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 69 / 1648
  • Assessor Parcel Number 01648-0069

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,764

Year Built

Built in 1901

Lot Details

1,875 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architectural Style: Townhouse
  • Property SubType: Townhouse
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Den/Family Room, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • Living Area: 2250
  • AtticDescription: None
  • SquareFootage: 2250.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.75x100
  • Lot Size Sq Ft: 1875
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01648-0069
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2020-12-29

Tax Info

  • Tax Annual Amount: 3764
  • Tax Block: 1648
  • Tax Lot: 69
  • Tax Map Number: 01648-0069
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Middle School District: Brooklyn 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Dec 16, 2020
Sold by
887 Putnam Ave Llc
Bought by
K & C Enterprizes Llc
Seller's Agent
Chrystina Peoples
Peoples Realty & Associates
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$1,249,000
Sold Price
$1,030,000
Premium/Discount to List
-$219,000
-17.53%
Current Estimated Value
$1,444,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,883
Avg. Annual Appreciation
6.62%
Original Mortgage
$840,000
Outstanding Balance
$744,398
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$700,485

Purchase Details

Closed on
Jan 12, 2018
Sold by
Agard Donna R and Love Robert
Bought by
887 Putnam Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Herman Romanus
Bought by
Agard Donna R and Love Robert

Purchase Details

Closed on
Apr 12, 2002
Sold by
Love Robert
Bought by
Herman Romanus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.9%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Jackson Jackie
Bought by
Love Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.52%

Purchase Details

Closed on
Aug 25, 2000
Sold by
Jackson Jackie and Jackson Millie
Bought by
Jackson Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
7.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
K & C Enterprizes Llc $1,050,000 --
K & C Enterprizes Llc $1,050,000 --
K & C Enterprizes Llc $1,050,000 --
887 Putnam Ave Llc -- --
887 Putnam Ave Llc -- --
887 Putnam Ave Llc -- --
Agard Donna R $375,000 --
Agard Donna R $375,000 --
Herman Romanus -- --
Herman Romanus -- --
Love Robert $230,000 Commonwealth Land Title Ins
Love Robert $230,000 Commonwealth Land Title Ins
Jackson Jackie -- Stewart Title Insurance Co
Jackson Jackie -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & C Enterprizes Llc $840,000
Closed K & C Enterprizes Llc $840,000
Previous Owner 887 Putnam Ave Llc $160,000
Previous Owner Herman Romanus $260,000
Previous Owner Love Robert $207,000
Previous Owner Jackson Jackie $72,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2020 12/16/20 Sold $1,030,000 +3.5% $458 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $995,000 -20.3% $442 / Sq Ft
08/11/2020 08/11/20 For Sale $1,249,000 -- $555 / Sq Ft
Source: OneKey® MLS

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 $4,058 $121,740 $17,580 $104,160
2024 $4,058 $116,400 $17,580 $98,820
2023 $3,929 $118,080 $17,580 $100,500
2022 $3,690 $99,600 $17,580 $82,020
2021 $3,755 $76,920 $17,580 $59,340
2020 $3,751 $91,440 $17,580 $73,860
2019 $3,522 $73,680 $17,580 $56,100
2018 $3,287 $16,123 $3,986 $12,137
2017 $1,570 $15,405 $5,117 $10,288
2016 $1,209 $14,869 $6,102 $8,767
2015 $1,533 $14,853 $9,153 $5,700
2014 $1,533 $14,032 $9,510 $4,522
Source: Public Records

Agents Affiliated with this Home

  • Chrystina Peoples

    Seller's Agent in 2020

    Chrystina Peoples

    Peoples Realty & Associates

    (646) 789-7420

    43 Total Sales

    Chrystina Peoples
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    Non-Member

  • S

    Buyer's Agent in 2020

    Susan Corcoran

    Coldwell Banker Tom Seidl Rlty

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3241583

OneKey® MLS

APN: 01648-0069

New York Kings County Brooklyn 11221 Bed-Stuy

887 Putnam Ave, Brooklyn, NY

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