NOT LISTED FOR SALE

962 E 55th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $763,000 - $876,000

Studio
2.5 Baths
2,500 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $480,870 $192 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,633/month

About This Home

As of August 2020

AUCTION AUCTION AUCTION BRICK MULTI FAMILY HOUSE FOR SALE, BEING SOLD AT A GREAT PRICE.
REO Occupied - the seller does not represent or guarantee occupancy status. NO VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. TO PLACE BIDS GO TO HUBZU.COM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,702

Year Built

  • Built in 1960

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,702

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 39.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Glenwood Rd
  • Cross Street Name2: Avenue I
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Seller
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2500
  • Building Stories: 3
  • Street Name I D X: 55
  • Withdrawal Type: Temporarily off Market
  • Year Built: 1960
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 71
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 6702.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Aug 18, 2020
Sold by
Us Bank National Association
Bought by
Metropolitan Nyc Holdings Corp
Sold Price
$480,870
Current Estimated Value
$756,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,503
Avg. Annual Appreciation
10.98%
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2020
Sold by
Blank Helene E Esq
Bought by
U S Bank National Association As Truste

Purchase Details

Closed on
Aug 21, 2006
Sold by
Reddock Wilda
Bought by
Lafalaise Fabienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,750
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Eusey Modesta
Bought by
Reddock Wilda

Purchase Details

Closed on
Sep 14, 2004
Sold by
Reddock Wilda N
Bought by
Eusey Modesta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1999
Sold by
Stephens Joseph A and Stephens Norma
Bought by
Reddock Wilda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,800
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Metropolitan Nyc Holdings Corp $480,000 --
Metropolitan Nyc Holdings Corp $480,000 --
Metropolitan Nyc Holdings Corp $480,000 --
U S Bank National Association As Truste $898,845 --
-- $898,845 --
-- $898,845 --
Lafalaise Fabienne $545,000 --
Lafalaise Fabienne $545,000 --
Reddock Wilda -- --
Reddock Wilda -- --
Eusey Modesta $452,000 --
Eusey Modesta $452,000 --
Reddock Wilda N $240,000 --
Reddock Wilda N $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metropolitan Nyc Holdings Corp $400,000
Previous Owner Lafalaise Fabienne $517,750
Previous Owner Eusey Modesta $361,000
Previous Owner Reddock Wilda N $219,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $480,870 -- $192 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,185 $52,860 $9,660 $43,200
2024 $8,185 $52,200 $9,660 $42,540
2023 $7,808 $64,020 $9,660 $54,360
2022 $7,675 $57,660 $9,660 $48,000
2021 $8,031 $50,160 $9,660 $40,500
2020 $5,671 $49,440 $9,660 $39,780
2019 $7,105 $39,300 $9,660 $29,640
2018 $6,531 $32,040 $7,286 $24,754
2017 $6,531 $32,040 $7,887 $24,153
2016 $6,357 $31,800 $9,292 $22,508
2015 $3,646 $30,000 $10,327 $19,673
2014 $3,646 $28,302 $10,510 $17,792
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 436631

Brooklyn Board of REALTORS®

APN: 07738-0071

New York Kings County Brooklyn 11234 Flatlands

962 E 55th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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