NOT LISTED FOR SALE

Estimated Value: $758,131 - $931,000

4 Beds
2.5 Baths
1,436 Sq Ft
$598/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $760,000 $529 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,257/month

73 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • Garage

About This Home

As of September 2019

This newly renovated 2-family urban-suburban, fully detached 4-bed, 2.5-bath home will make you forget about the white picket fences of traditional American dreams and spark your own. It?s where you?re close enough to attend Nets game or head to the Rockaways at a moment?s notice, but far enough to have a multiple car driveway and a full-sized backyard. It?s the dream realized. Why rent when you can own this income producing property while enjoying the benefits of home ownership. This multi-family home offers four exposures, allowing the sun to shine in and create a joyous ambiance that follows you throughout. The first floor has an open living/dining room, a very spacious eat-in-kitchen, two large bedrooms and a full bathroom. This layout, which is perfect for entertaining, is complemented with hardwood flooring, original accent stained glass windows and recessed lighting to name a few. The kitchen is fit for a chef, with a plethora of cabinetry and a breakfast bar. Whether you?re picking flowers for a fresh floral arrangement or basking in moonlight under the stars sipping fine wine, you?re home here. The upper floor is duplexed with the basement and features two bedrooms, 1.5 baths generously proportioned with great closet space. The finished basement is the bonus space that will allow you to truly make this home your own. Whether you need extra storage, a gym, home office, or want to carve out another bedroom, you have the space here to make your dreams come true.

Last Agent to Sell the Property

Alana McIntosh

Keller Williams Realty Empire License #10301209681 Listed on: 05/17/2019

Keller Williams Realty Empire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 26.0 x 100.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,436 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Flatlands Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 68 / 7768

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,928

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Avenue I/Avenue J
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatlands
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 1436.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 26.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1915

Tax Info

  • Tax Block: 7768
  • Tax Lot: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 17, 2019
Sold by
Stud Plaza Llc
Bought by
Wright Jeomre A and Wright Jerome A
Seller's Agent
Alana McIntosh
Keller Williams Realty Empire
List Price
$760,000
Sold Price
$760,000
Current Estimated Value
$858,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,783
Avg. Annual Appreciation
2.21%
Original Mortgage
$746,234
Outstanding Balance
$657,913
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$207,311

Purchase Details

Closed on
Jul 26, 2018
Sold by
Mollison Beverly
Bought by
Stud Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Allen Wilbert C
Bought by
Mollison Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1999
Sold by
Banks Robert and Banks Allyson Straker
Bought by
Allen Wilbert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.81%
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
Wright Jeomre A $760,000 --
Wright Jeomre A $760,000 --
Stud Plaza Llc $319,000 --
Stud Plaza Llc $319,000 --
Mollison Beverly -- --
Mollison Beverly -- --
Allen Wilbert C $192,000 --
Allen Wilbert C $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jeomre A $746,234
Closed Wright Jeomre A $746,234
Previous Owner Stud Plaza Llc $370,000
Previous Owner Mollison Beverly $341,000
Previous Owner Mollison Beverly $196,000
Previous Owner Allen Wilbert C $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $760,000 0.0% $529 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $760,000 -- $529 / 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 $6,928 $51,540 $9,960 $41,580
2024 $6,928 $42,240 $9,960 $32,280
2023 $5,069 $42,000 $9,960 $32,040
2022 $6,399 $34,380 $9,960 $24,420
2021 $6,364 $32,580 $9,960 $22,620
2020 $3,164 $31,080 $9,960 $21,120
2019 $6,013 $31,080 $9,960 $21,120
2018 $5,529 $27,122 $6,853 $20,269
2017 $5,445 $26,712 $8,544 $18,168
2016 $5,038 $25,200 $9,094 $16,106
2015 $3,039 $25,200 $9,782 $15,418
2014 $3,039 $23,955 $9,499 $14,456
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10560199

Real Estate Board of New York (REBNY)

APN: 07768-0068