NOT LISTED FOR SALE

Estimated Value: $1,582,000 - $2,699,000

4 Beds
3 Baths
2,760 Sq Ft
$751/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $1,950,000 $707 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,763/month

Highlights

  • Wood Flooring
  • 2-minute walk to Myrtle-Willoughby Avenues
  • 2-minute walk to Willoughby Playground
  • Baseboard Heating
  • Back Yard

About This Home

As of February 2024

Discover the potential of a hidden gem within the Bedford-Stuyvesant neighborhood of Brooklyn. This three-story haven, encompassing 2,760 square feet, is this 2-family solid brick townhouse. While the house needs renovations, its foundation is a canvas awaiting your creative touch. Upon entry, you'll be captivated by the lofty ceilings and original details that grace the hallway, stairs, and doors, creating an ambiance that seamlessly blends classic architecture with modern living. Designed as a duplex for two families, this space offers comfort and convenience, presenting an enticing prospect for investment or as your personal renovation project. The townhouse's strategic location, near the G train, makes for easy commutes within Brooklyn and beyond. Furthermore, many shopping destinations, dining establishments, and lively restaurants await moments away, ensuring that exciting experiences are always within reach. Envision the possibilities as you embark on this renovation journey with your architect and transform this property into the dream home you've always desired.

Last Listed By

Adargisa Medina

RE/MAX Real Estate Professionals License #10401226953 Listed on: 08/29/2023

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 100 x 20
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • 220 Volts
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 1755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 920
  • Building Length: 46.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Marcy Ave
  • Cross Street Name2: Tompkins Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard, Ductless/Split
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level1: 4
  • Rooms Total Level2: 3
  • Building Stories: 3
  • Street Name I D X: Vernon
  • Street Number I D X: 129
  • Building Style: Other
  • Year Built: 1901
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Total Rooms: 7

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 52
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Oil
  • Hot Water: Oil

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 2218.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Jan 13, 2024
Sold by
Lawrence Eleanor
Bought by
129 Vernon Llc
Seller's Agent
Adargisa Medina
RE/MAX Real Estate Professionals
Buyer's Agent
Adargisa Medina
RE/MAX Real Estate Professionals
List Price
$1,350,000
Sold Price
$1,950,000
Premium/Discount to List
$600,000
44.44%
Total Days on Market
0
Views
69
Current Estimated Value
$2,072,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,738
Avg. Annual Appreciation
6.82%
Original Mortgage
$1,200,000
Outstanding Balance
$1,187,970
Interest Rate
6.6%
Mortgage Type
Unknown
Estimated Equity
$922,581

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
129 Vernon Llc $1,950,000 --
129 Vernon Llc $1,950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 129 Vernon Llc $1,200,000
Previous Owner 129 Vernon Llc $1,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $1,950,000 +44.4% $707 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $1,350,000 -- $489 / Sq Ft
Source: Brooklyn Board of REALTORS®

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
2024 $2,338 $111,720 $16,080 $95,640
2023 $2,218 $98,760 $16,080 $82,680
2022 $2,056 $80,820 $16,080 $64,740
2021 $2,141 $77,760 $16,080 $61,680
2020 $2,141 $78,360 $16,080 $62,280
2019 $1,980 $80,400 $16,080 $64,320
2018 $1,795 $10,268 $2,097 $8,171
2017 $1,793 $10,268 $2,817 $7,451
2016 $1,630 $9,703 $3,399 $6,304
2015 $949 $9,578 $3,767 $5,811
2014 $949 $9,055 $3,388 $5,667
Source: Public Records

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Source: Brooklyn Board of REALTORS®

MLS Number: 476480

Brooklyn Board of REALTORS®

APN: 01755-0052