NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,679,000

5 Beds
3 Baths
2,251 Sq Ft
$602/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $1,495,000 $664 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,707/month

124 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Rockaway Avenue (A,C Line)
  • 5-minute walk to Thomas Boyland Park

About This Home

As of September 2018

97 Somers Street is the perfect move-in ready home on one of Ocean Hills most beautiful blocks! This sumptuous two family townhouse is made up of a spacious three-bedroom owners duplex with a finished recreational room in the basement, over a two-bedroom garden rental. Enter on the parlor floor to find a completely functional open concept layout with the perfect flow for entertaining. The sleek new kitchen features custom cabinetry, marbled Quartz countertops, an oversized island, and new top of the line Fisher & Paykel stainless steel appliances. Sliding glass doors bring in gorgeous natural light and open up to a large deck with stairs to the garden. On the top floor, youll find three well-proportioned bedrooms including the generous master suite with two closets, as well as two stylish baths. The beautifully finished garden apartment is a two-bedroom floor-thru with access to the garden. Additional features include central air conditioning, plenty of recessed lighting, laundry hook-ups in both units, plenty of closet space, and the flexibility to use this property as a large single family residence. Located just one block to the C train at Rockaway Avenue, and not much further to the A, J, Z and L lines at Broadway Junction, making for an easy Manhattan commute! Dont miss out on 97 Somers Street, the ideal two family townhouse in exciting Ocean Hill.

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 04/19/2018

Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 1910

Lot Details

  • 1,917

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Tax Block 1539

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,862

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Building Info

  • Year Built: 1910

Tax Info

  • Tax Block: 1539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Sep 21, 2018
Sold by
Call Me At 516 849 3151 Llc
Bought by
Odunsi Jesutomiloba
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$1,355,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,624
Avg. Annual Appreciation
-1.28%
Original Mortgage
$1,087,500
Outstanding Balance
$950,311
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$416,750

Purchase Details

Closed on
Jun 28, 2017
Sold by
97 Somers Street Llc
Bought by
Call Me At 516 849 3151 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2016
Sold by
Escudero Carmen
Bought by
97 Somers Street Llc

Purchase Details

Closed on
Nov 27, 2006
Sold by
Shoughi Arasb
Bought by
Escudero Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.4%

Purchase Details

Closed on
Sep 20, 2005
Sold by
Gmac Mortgage Corporation
Bought by
Shoughi Arasb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.81%

Purchase Details

Closed on
May 5, 2005
Sold by
Baker Iii Harold C Esq
Bought by
Gmac Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Stallings Kim
Bought by
Perez Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1999
Sold by
Haynes Cliveland G and Haynes Avenal T
Bought by
Patton Willie
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
Odunsi Jesutomiloba $1,450,000 --
Call Me At 516 849 3151 Llc $665,000 --
97 Somers Street Llc $260,000 --
Escudero Carmen $610,000 --
Escudero Carmen $610,000 --
Shoughi Arasb $440,000 --
Shoughi Arasb $440,000 --
Gmac Mortgage Corporation $445,312 --
Gmac Mortgage Corporation $445,312 --
Perez Jeanette $425,000 --
Perez Jeanette $425,000 --
Patton Willie $85,000 --
Patton Willie $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odunsi Jesutomiloba $7,860
Open Odunsi Jesutomiloba $1,087,500
Closed Odunsi Jesutomiloba $72,500
Previous Owner Call Me At 516 849 3151 Llc $600,000
Previous Owner Escudero Carmen $122,000
Previous Owner Escudero Carmen $488,000
Previous Owner Shoughi Arasb $66,000
Previous Owner Shoughi Arasb $352,000
Previous Owner Gmac Mortgage Corporation $352,000
Previous Owner Perez Jeanette $403,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $1,495,000 0.0% $664 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $1,495,000 -- $664 / 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
2025 $3,862 $56,640 $18,900 $37,740
2024 $3,862 $56,220 $18,900 $37,320
2023 $3,685 $62,100 $18,900 $43,200
2022 $3,417 $64,680 $18,900 $45,780
2021 $3,596 $69,660 $18,900 $50,760
2020 $1,777 $62,400 $18,900 $43,500
2019 $3,352 $49,620 $18,900 $30,720
2018 $3,082 $15,120 $4,302 $10,818
2017 $2,908 $14,265 $5,089 $9,176
2016 $2,847 $14,239 $6,229 $8,010
2015 $1,623 $14,154 $7,435 $6,719
2014 $1,623 $13,353 $7,054 $6,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10436561

Real Estate Board of New York (REBNY)

APN: 01539-0055