NOT LISTED FOR SALE

981 Putnam Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,020,000 - $1,784,000

Studio
-- Bath
2,364 Sq Ft
$610/Sq Ft Est. Value

Last Sold May 02, 2014

Current estimated payment $8,130/month

44 Days on Market

About This Home

As of May 2014

This home is located at 981 Putnam Ave, Brooklyn, NY 11221 since 17 February 2014 and is currently estimated at $1,441,554, approximately $609 per square foot. 981 Putnam Ave is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, Success Academy Charter School-NYC 9, and Brownsville Collegiate Charter School.

Last Agent to Sell the Property

Toni Martin

Corcoran Group License #10301207190 Listed on: 02/17/2014

Corcoran Group

Property Details

Home Type

  • Multi-Family

Home Design

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 2

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2017
Sold by
981 Putnam Llc
Bought by
Horada Cem and Levi Semih
Current Estimated Value
$1,441,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$618,597
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$822,957

Purchase Details

Closed on
Oct 24, 2013
Sold by
Ds Realty Ventures Corp
Bought by
Dbmc Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Chaca Gabriel and Chaca Gabriel V
Bought by
Ds Realty Ventures Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Matthew Cletus and Matthew Shirley
Bought by
Chaca Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,640
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Harris Levar and Harris Matthew Cletus
Bought by
Matthew Cletus and Matthew Shirley

Purchase Details

Closed on
Mar 15, 2003
Sold by
Matthew Cletus
Bought by
Harris Levar and Harris Matthew Cletus

Purchase Details

Closed on
Jul 16, 2002
Sold by
Sugar Equities Inc
Bought by
Matthew Cletus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.48%

Purchase Details

Closed on
Dec 11, 2001
Sold by
Exum Laurina M
Bought by
Sugar Equities Inc
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
Horada Cem -- --
Horada Cem -- --
Horada Cem -- --
Dbmc Equities Llc $450,000 --
Dbmc Equities Llc $450,000 --
Ds Realty Ventures Corp $402,000 --
Ds Realty Ventures Corp $402,000 --
Chaca Gabriel $588,300 --
Chaca Gabriel $588,300 --
Matthew Cletus -- --
Matthew Cletus -- --
Harris Levar -- --
Harris Levar -- --
Matthew Cletus -- --
Matthew Cletus -- --
Sugar Equities Inc -- --
Sugar Equities Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horada Cem $750,000
Closed Horada Cem $750,000
Previous Owner Dbmc Equities Llc $300,000
Previous Owner Ds Realty Ventures Corp $100,000
Previous Owner Chaca Gabriel $117,660
Previous Owner Chaca Gabriel $470,640
Previous Owner Matthew Cletus $255,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold -- -- --
04/02/2014 04/02/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $949,000 -- $401 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,563 $86,220 $18,240 $67,980
2024 $6,563 $101,400 $18,240 $83,160
2023 $6,261 $96,420 $18,240 $78,180
2022 $5,066 $78,900 $18,240 $60,660
2021 $5,092 $86,520 $18,240 $68,280
2020 $4,073 $93,660 $18,240 $75,420
2019 $5,696 $74,460 $18,240 $56,220
2018 $5,237 $25,690 $9,113 $16,577
2017 $5,091 $24,974 $7,562 $17,412
2016 $4,855 $24,287 $7,813 $16,474
2015 $1,403 $24,287 $11,727 $12,560
2014 $1,403 $22,200 $13,693 $8,507
Source: Public Records

Agents Affiliated with this Home

  • Toni Martin

    Seller's Agent in 2014

    Toni Martin

    Corcoran Group

    (718) 288-7703

    15 in this area

    38 Total Sales

    Toni Martin
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10065406

Real Estate Board of New York (REBNY)

APN: 01483-0050

New York Kings County Brooklyn 11221 Bed-Stuy

981 Putnam Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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