NOT LISTED FOR SALE

Estimated Value: $711,000 - $787,000

3 Beds
2 Baths
1,352 Sq Ft
$551/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $499,999 $370 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,359/month

42 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • Garage

About This Home

As of June 2019

Solid bones in need of TLC. Semi-Attached 20 foot wide two family brick, currently used as a one family. On a quiet block in the East New York, Cypress Hills section of Brooklyn. 318 McKinley has 3 Bedrooms, 2 Baths plus a cellar. A private garage accessed by a shared driveway located just behind your private garden. Easily accessible to public transportation, the A train 80th St. or Grant Avenue stations as well as the Q8 and Q24 bus lines. All offers with Proof Of Funds or Lender Pre-Qualification and shown by appointment only.

Last Agent to Sell the Property

Charles Olson

Keller Williams Realty Empire License #10491204283 Listed on: 01/02/2019

Keller Williams Realty Empire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 20.0 x 66.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,352 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Ozone Park Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 32 / 4185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,467

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Drew Street/Forbell Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ozone Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 1352.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 66.0

Building Info

  • Total Stories: 2
  • Year Built: 1930

Tax Info

  • Tax Block: 4185
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Jasmin Yesrat J and Kabir Mohammad
Bought by
Razaque Md Abdur
Current Estimated Value
$745,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,300
Outstanding Balance
$505,787
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,827

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jun 19, 2019
Sold by
Marmor Ralph
Bought by
Jasmin Yesrat and Kabir Mohammad
Seller's Agent
Charles Olson
Keller Williams Realty Empire
List Price
$499,999
Sold Price
$499,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1996
Sold by
Sherrock Paul M and Duffy Patrick
Bought by
Baker Jacqueline and Barkai Arye

Purchase Details

Closed on
Jul 25, 1995
Sold by
Berkeley Federal Bank & Trust Fsb
Bought by
Sherrock Paul M and Duffy Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
7.48%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1993
Sold by
Siu Yin Chun and Ng Grace
Bought by
Old Field Realty Inc
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
Razaque Md Abdur $658,000 --
Jasmin Yesrat $499,999 --
Baker Jacqueline $125,000 --
Sherrock Paul M $72,000 --
Berkeley Federal Bank & Trust $24,000 --
Old Field Realty Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razaque Md Abdur $559,300
Previous Owner Jasmin Yesrat $417,000
Previous Owner Berkeley Federal Bank & Trust $125,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $499,999 0.0% $370 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $499,999 -- $370 / 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 $5,467 $44,460 $11,280 $33,180
2024 $5,467 $36,120 $11,280 $24,840
2023 $5,215 $38,580 $11,280 $27,300
2022 $5,126 $34,680 $11,280 $23,400
2021 $5,363 $29,520 $11,280 $18,240
2020 $1,258 $35,100 $11,280 $23,820
2019 $4,745 $29,580 $11,280 $18,300
2018 $4,362 $21,398 $7,857 $13,541
2017 $4,362 $21,398 $8,110 $13,288
2016 $4,245 $21,235 $9,483 $11,752
2015 $2,435 $20,034 $11,728 $8,306
2014 $2,435 $18,901 $12,461 $6,440
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10863922

Real Estate Board of New York (REBNY)

APN: 04185-0032