NOT LISTED FOR SALE

Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $723,676 - $1,060,000

5 Beds
3.5 Baths
3,375 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 10, 2014

Last sale price $450,000 $133 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,166/month

149 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Crescent Street
  • Eat-In Kitchen
  • Wood Flooring
  • Skylights
  • Hot Water Heating System

About This Home

As of June 2014

Well Maintained Three Family In The Heart Of Cypress Hlls. This Property Features A Full Finished Basement, Eat-In-Kitchen, 5 Bedrooms, Living Room, And 3.5 Bathrooms. There Are Two Apartments: One Bedroom Apartment & A Two Bedroom Apartment. It Has New Windows And Roof, Also Has A Very Spacious Storage Shed, And A Patio At The Back.

Last Agent to Sell the Property

Maritza Olivo

ERA/Top Service Realty Inc Brokerage Phone: 718-464-5800 License #40VA0649366 Listed on: 08/02/2013

Last Buyer's Agent

Jaime Taveras

Argenzio & Taveras Realty Inc License #31TA0894226

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 1920

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 25 x 150
  • Two or More Common Walls

Parking

  • Private Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Skylights
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 43 / 4127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,121

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-464-5800
  • BuildingSize: 25 X 45
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • Window Features: Skylight(s)
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 25 X 150
  • Lot Size Sq Ft: 3750
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 3121
  • Tax Block: 4127
  • Tax Lot: 43

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Jun 10, 2014
Sold by
Rivera Rafael A
Bought by
Lugo Bladimir
Seller's Agent
Maritza Olivo
ERA/Top Service Realty Inc
Buyer's Agent
Jaime Taveras
Argenzio & Taveras Realty Inc
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Current Estimated Value
$896,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,419
Avg. Annual Appreciation
6.25%
Original Mortgage
$360,000
Outstanding Balance
$273,721
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$622,698
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
Lugo Bladimir $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Bladimir $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2014 06/10/14 Sold $450,000 -7.2% $133 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $485,000 -- $144 / 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 $5,563 $56,340 $19,920 $36,420
2024 $5,563 $48,480 $19,920 $28,560
2023 $5,312 $59,460 $19,920 $39,540
2022 $4,928 $55,740 $19,920 $35,820
2021 $4,901 $50,700 $19,920 $30,780
2020 $2,436 $46,020 $19,920 $26,100
2019 $4,828 $50,880 $19,920 $30,960
2018 $4,443 $21,795 $11,047 $10,748
2017 $4,193 $20,571 $12,350 $8,221
2016 $3,880 $19,407 $12,367 $7,040
2015 $2,341 $19,407 $14,526 $4,881
2014 $2,341 $19,233 $12,236 $6,997
Source: Public Records

Agents Affiliated with this Home

  • Maritza Olivo

    Seller's Agent in 2014

    Maritza Olivo

    ERA/Top Service Realty Inc

    (917) 701-0399

    25 Total Sales

    Maritza Olivo
    Section Image

  • J

    Buyer's Agent in 2014

    Jaime Taveras

    Argenzio & Taveras Realty Inc

See All Agents

Source: OneKey® MLS

MLS Number: KEY2604705

OneKey® MLS

APN: 04127-0043

New York Kings County Brooklyn 11208

Cypress Hills

This home since 02 August 2013 and is currently estimated at $896,419, approximately $265 per square foot. This property was built in 1920. This home is a home located in Kings County with nearby schools including P.S. 65, Is 171 Abraham Lincoln, and Blessed Sacrament School.

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