Seller's Agent in 2022
Kerry DeBellis
RE/MAX
(347) 234-7408
1 in this area
213 Total Sales
916 Albermarle Rd Brooklyn, NY 11218
Prospect Park South NeighborhoodEstimated Value: $1,819,121 - $3,035,000
7
Beds
4
Baths
3,886
Sq Ft
$590/Sq Ft
Est. Value
Highlights
- Deck
- Victorian Architecture
- Formal Dining Room
- Ditmas Junior High school Rated A-
- Separate Formal Living Room
- 4-minute walk to Kensington Dog Run
About This Home
As of October 2022WELCOME to 916 Albermarle Rd. This is an incredible opportunity to own a picture perfect VICTORIAN home in sought after HISTORICAL DISTRICT of Prospect Park South. This home is ideal for for the buyer who wants to renovate their home to their exact taste. Photos include some of the magnificent architectural renderings. There are almost 4,000 square feet of living space, sitting on a 6,000 square foot lot with a detached garage and driveway for 4-5 vehicles. The home owner will enjoy both a wrap-around front porch and back terrace & private patio for outdoor enjoyment. The enclosed backyard features a koi fish pond with endless landscaping possibilities. Upon entering you will find 3 levels AND a finished basement plumbing for a 1/2 bathroom. This home has been GUTTED to the studs and comes complete with architectural renderings for a completely different layout. The current layout features: A formal living room, formal dining room, 1/2 bath and a kitchen leading to the beautiful deck to the huge backyard. The 2nd level hosts 3-4 bedrooms and a full bath. On the third floor, you will find 2 additional bedrooms and a bonus room with full bath hookups. The home faces the well maintained landscaping and the community has private security. There is an updated ''Carrier'' furnace, updated gas lines, and a 6 year young roof. These homes do not come on the market often. Just steps to Prospect Park and Farmer's Market. Easy access to transportation including just a few blocks to the B at Beverly Road as well as the B & Q subway lines at Cortelyou and Church Avenue. Also just around the corner to the BM3 and BM4 EXPRESS buses to Manhattan on Coney Island Avenue. Restaurants, library and much more just steps away. A wonderful close-knit community with an active neighborhood association. Requires a CASH buyer or a 203k rehab loan. Call for your private viewing. Parking for 5 cars + driveway. $252.00 annual landscape charge.
Last Agent to Sell the Property
RE/MAX Elite License #40DE0923741 Listed on: 06/15/2022
Last Buyer's Agent
Kerry Debellis
Chris Homes & Lands, Inc.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,000
Year Built
- Built in 1899
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 50 x 120
- Fenced
- Back, Front, and Side Yard
- Property is zoned R12
HOA Fees
- $115 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Victorian Architecture
- Wood Siding
- Stucco
Interior Spaces
- 3,886 Sq Ft Home
- 3-Story Property
- Separate Formal Living Room
- Formal Dining Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bathroom is a Full Bathroom
Outdoor Features
- Balcony
- Deck
Utilities
- Heating System Uses Natural Gas
- Heating System Uses Steam
- 110 Volts
Community Details
- Association fees include snow removal, outside maintenance
- Prospect Park Historical Association
Listing and Financial Details
- Legal Lot and Block 0006 / 05512
- Assessor Parcel Number 05512-0006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2022
Closed on
Oct 12, 2022
Sold by
Ibrahim Elfatih M
Bought by
916 Albemarle Rd Llc
Seller's Agent
Kerry DeBellis
RE/MAX Elite
Buyer's Agent
Kerry DeBellis
RE/MAX Elite
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%
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
$694,030
Avg. Annual Appreciation
12.22%
Original Mortgage
$950,000
Outstanding Balance
$915,494
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,325,148
Purchase Details
Closed on
May 16, 2017
Sold by
Johnson Victoria L
Bought by
Ibrahim Elfatih M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,150
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 916 Albemarle Rd Llc | $1,600,000 | -- | |
| Ibrahim Elfatih M | $2,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 916 Albemarle Rd Llc | $950,000 | |
| Previous Owner | Ibrahim Elfatih M | $636,150 | |
| Previous Owner | Johnson Gerald R | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2022 10/13/22 | Sold | $1,600,000 | -19.8% | $412 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | For Sale | $1,995,000 | -- | $513 / Sq Ft |
Source: Staten Island Multiple Listing Service
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 | $12,417 | $122,160 | $31,560 | $90,600 |
| 2024 | $12,417 | $116,760 | $31,560 | $85,200 |
| 2023 | $11,917 | $121,620 | $32,880 | $88,740 |
| 2022 | $11,198 | $133,260 | $32,880 | $100,380 |
| 2021 | $11,805 | $123,900 | $32,880 | $91,020 |
| 2020 | $8,854 | $120,900 | $32,880 | $88,020 |
| 2019 | $9,674 | $119,040 | $32,880 | $86,160 |
| 2018 | $8,893 | $43,627 | $11,363 | $32,264 |
| 2017 | $8,154 | $41,472 | $14,046 | $27,426 |
| 2016 | $7,981 | $41,472 | $14,922 | $26,550 |
| 2015 | $4,499 | $40,848 | $21,519 | $19,329 |
| 2014 | $4,499 | $38,536 | $23,099 | $15,437 |
Source: Public Records
Agents Affiliated with this Home
-
Kerry DeBellis
Map
Source: Staten Island Multiple Listing Service
MLS Number: 1154629
APN: 05112-0006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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