NOT LISTED FOR SALE

Estimated Value: $867,000 - $1,069,000

5 Beds
3 Baths
3,420 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $810,000 $237 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,735/month

200 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Park

About This Home

As of December 2021

Property will be sold with tenant in second floor unit. Located in the desirable neighborhood of East Flatbush, this large 2 family property features a 3 bedroom apartment over a 2 bedroom apartment, fully finished basement AND PRIVATE PARKING. The first floor owners unit boasts a beautifully renovated kitchen with brand new stainless steel appliances, fully renovated bathroom and 2 very spacious bedrooms. Owner's unit can be used as a duplex with the basement, which has high ceilings and its own separate entrance from the front of the house, full bathroom and an exit to the backyard as well. On the top floor, the layout is similar with 3 large bedrooms, updated bathroom and maintained kitchen. This property has the benefit of having several updates but still presents the opportunity to modify and make it your own with a little TLC . With great rental income potential in an area experiencing developmental investments and growth, purchasing this property is an excellent investment, Additional information: Interior Features:Lr/Dr

Last Agent to Sell the Property

Khayla Jones

Highline Real Estate Services Brokerage Phone: 718-395-0580 License #10401253380 Listed on: 09/28/2020

Last Buyer's Agent

Tremayne Craigg

Charles Rutenberg Realty Inc License #10401285783

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1901 | Remodeled in 2020

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 24 / 4721
  • Assessor Parcel Number 04721-0024

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 3 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,463

Year Built

Built in 1901 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1901
  • Year Built Effective: 2020
  • Attribution Contact: 718-395-0580
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Interior Amenities: Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 04721-0024
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 2463.2
  • Tax Block: 4721
  • Tax Lot: 24

MLS Schools

  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 23, 2021
Sold by
Bell Jacqueline and Harrell Willie
Bought by
Avin Sabine
Seller's Agent
Khayla Jones
Highline Real Estate Services
Buyer's Agent
Tremayne Craigg
Charles Rutenberg Realty Inc
List Price
$860,000
Sold Price
$810,000
Premium/Discount to List
-$50,000
-5.81%
Current Estimated Value
$940,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,667
Avg. Annual Appreciation
3.74%
Original Mortgage
$853,076
Outstanding Balance
$792,710
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,957

Purchase Details

Closed on
Sep 15, 2003
Sold by
Harrell Willie and Harrell Zeffer
Bought by
Harrell Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2000
Sold by
Harrell Willie
Bought by
Harrell Willie and Harrell Zeffer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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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
Avin Sabine $57,857 --
Avin Sabine $57,857 --
Avin Sabine $752,143 --
Harrell Willie -- --
Harrell Willie -- --
Harrell Willie -- United General Title Insuran
Harrell Willie -- United General Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avin Sabine $853,076
Closed Avin Sabine $0
Previous Owner Harrell Willie $810,000
Previous Owner Harrell Willie $544,185
Previous Owner Harrell Willie $200,000
Previous Owner Harrell Willie $166,000
Previous Owner Harrell Willie $27,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $810,000 0.0% $237 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $810,000 -5.8% $237 / Sq Ft
01/02/2021 01/02/21 For Sale $860,000 +6.2% $251 / Sq Ft
12/15/2020 12/15/20 Off Market $810,000 -- --
09/28/2020 09/28/20 For Sale $860,000 -- $251 / Sq Ft
Source: OneKey® MLS

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 $6,304 $65,820 $17,820 $48,000
2024 $6,304 $77,400 $17,820 $59,580
2023 $6,025 $87,240 $17,820 $69,420
2022 $5,664 $75,120 $17,820 $57,300
2021 $1,952 $58,020 $17,820 $40,200
2020 $968 $43,020 $17,820 $25,200
2019 $1,384 $43,020 $17,820 $25,200
2018 $1,567 $24,721 $11,158 $13,563
2017 $1,613 $23,644 $9,767 $13,877
2016 $1,539 $23,079 $10,846 $12,233
2015 $906 $23,064 $15,131 $7,933
2014 $906 $21,795 $13,805 $7,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3256360

OneKey® MLS

APN: 04721-0024