NOT LISTED FOR SALE

Estimated Value: $1,735,000 - $1,881,000

5 Beds
3 Baths
-- Sq Ft
2,091 Sq Ft Lot

Last Sold September 13, 2016

Last sale price $1,250,000

Est. 45% increase in value since last sale

Current estimated payment $10,022/month

38 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Crown Heights-Utica Avenue
  • Garden
  • Terrace
  • Building Terrace

About This Home

As of September 2016

Contract Signed

Magnificent two family limestone with rental income or space to create a 3, 240 square foot (approx.) single family. Nestled on a tree lined block with other fine limestone homes.

Enter into this home through decorative wrought iron side-by-side doors with stainless glass paned transom. The first level has two bedrooms and a sunny breakfast room that leads to a private terrace with steps to beautiful green garden. A sky lit white spindled staircase is open and welcoming while leading to the top floor. This is a large 3 bedroom apartment with elegant wood inlay floors and bay windows with stainless glass detail. Downstairs, the sprawling full basement is finished and ready for library, recreation room, home theatre, dance/yoga studio or your own gym with easy access to both the serene south facing garden and Union Street.

Located just a few blocks to the library, supermarket and 3, 4 and 5 trains.

Price: $1,175,000.
R.E. Taxes: $5,391.04 annually

Last Agent to Sell the Property

Ellen Gottlieb

Corcoran Group License #30GO0990231 Listed on: 07/06/2016

Corcoran Group

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,091

Home Design

  • Pre War Building
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Terrace
  • Garden

Listing and Financial Details

  • Tax Block 1401

Community Details

Overview

  • 2 Units
  • Crown Heights Subdivision

Amenities

  • Building Terrace

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Troy & Schenectady
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Terrace, Terrace

Building Info

  • Units: 2

Tax Info

  • Tax Block: 1401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 14, 2016
Sold by
Levy Sara
Bought by
Giorgis Binyam
Seller's Agent
Ellen Gottlieb
Corcoran Group
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,809,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,295
Avg. Annual Appreciation
4.03%
Original Mortgage
$1,000,000
Outstanding Balance
$799,275
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,010,020

Purchase Details

Closed on
Mar 3, 2014
Sold by
Jones Doreen Z
Bought by
Levy Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2009
Sold by
Horsford Henry
Bought by
Jones Doreen Z

Purchase Details

Closed on
Dec 16, 1996
Sold by
Harris Christina K
Bought by
Horsford Henry and Stjohn Madonna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
7.46%
Source: Public Records
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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
Giorgis Binyam $1,250,000 --
Levy Sara $749,000 --
Jones Doreen Z -- --
Horsford Henry $177,000 Prestige Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giorgis Binyam $1,000,000
Previous Owner Levy Sara $349,000
Previous Owner Horsford Henry $141,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2016 09/13/16 Sold $1,250,000 0.0% --
08/14/2016 08/14/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $1,250,000 -- --
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 $7,527 $96,300 $21,960 $74,340
2024 $7,527 $92,820 $21,960 $70,860
2023 $7,181 $113,880 $21,960 $91,920
2022 $7,059 $99,060 $21,960 $77,100
2021 $7,027 $82,380 $21,960 $60,420
2020 $3,461 $86,100 $21,960 $64,140
2019 $6,533 $74,400 $21,960 $52,440
2018 $6,007 $29,467 $8,315 $21,152
2017 $6,007 $29,467 $10,796 $18,671
2016 $5,562 $27,825 $12,746 $15,079
2015 $3,353 $27,570 $18,954 $8,616
2014 $3,353 $26,025 $20,448 $5,577
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10465063

Real Estate Board of New York (REBNY)

APN: 01401-0031