NOT LISTED FOR SALE

Estimated Value: $1,168,684 - $1,298,000

6 Beds
3 Baths
2,224 Sq Ft
$556/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $1,180,000 $531 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,461/month

Highlights

  • Tile Flooring
  • 2-minute walk to Kings Highway (N Line)
  • Back and Front Yard
  • P.S. 97 - The Highlawn Rated A-
  • Heating System Uses Steam

About This Home

As of October 2023

Beautiful two family brick home - prime Gravesend location - nicely sized rooms. Full possession, Plenty of closet space and ceramic tile flooring. Call today!

Last Listed By

Joseph Ognibene

RE/MAX Elite License #10301213907 Listed on: 06/22/2023

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,721

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Block 6672

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $1,613
  • Insurance Expense $1,300
  • Utility Expense $1,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,721

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1040
  • Building Length: 52.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Highlawn Ave
  • Cross Street Name2: Avenue S
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 3
  • Street Name I D X: 8th
  • Street Number I D X: 1816
  • Building Style: Duplex
  • Waterfront Present: No
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpeting, Tile
  • Total Rooms: 10

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 12
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1613.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B

Multi Family

  • Insurance Expense: 1300.00
  • Unit Count: 1
  • Annual Utility Expenses: 1132.00

Tax Info

  • Flip Tax Amount: 5721.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 12, 2023
Sold by
Vitulli Giuseppe and Vitulli Petrina
Bought by
Lin Joe
Seller's Agent
Joseph Ognibene
RE/MAX Elite
Buyer's Agent
Joseph Ognibene
RE/MAX Elite
List Price
$1,299,000
Sold Price
$1,180,000
Premium/Discount to List
-$119,000
-9.16%
Views
58
Current Estimated Value
$1,236,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,171
Avg. Annual Appreciation
3.07%
Original Mortgage
$600,000
Outstanding Balance
$592,056
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$644,115

Purchase Details

Closed on
Sep 6, 2000
Sold by
Vitulli Petrina and Nicosia Maria
Bought by
Vitulli Giuseppe and Vitulli Petrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage

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
Lin Joe $1,180,000 --
Lin Joe $1,180,000 --
Vitulli Giuseppe $180,000 --
Vitulli Giuseppe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Joe $600,000
Closed Lin Joe $600,000
Previous Owner Vitulli Giuseppe $350,000
Previous Owner Vitulli Giuseppe $66,334
Previous Owner Vitulli Giuseppe $100,000
Previous Owner Vitulli Giuseppe $52,497
Previous Owner Vitulli Giuseppe $7,250
Previous Owner Vitulli Giuseppe $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $1,180,000 -1.6% $531 / Sq Ft
07/06/2023 07/06/23 Price Changed $1,199,000 -7.7% $539 / Sq Ft
06/22/2023 06/22/23 For Sale $1,299,000 -- $584 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
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 $6,735 $67,800 $11,520 $56,280
2023 $6,177 $74,700 $11,520 $63,180
2022 $5,721 $69,480 $11,520 $57,960
2021 $6,038 $68,400 $11,520 $56,880
2020 $4,528 $61,140 $11,520 $49,620
2019 $5,553 $64,680 $11,520 $53,160
2018 $5,107 $26,512 $5,375 $21,137
2017 $4,813 $25,081 $4,854 $20,227
2016 $4,704 $25,081 $5,561 $19,520
2015 $2,634 $24,657 $6,328 $18,329
2014 $2,634 $23,288 $7,168 $16,120
Source: Public Records

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Source: Brooklyn Board of REALTORS®

MLS Number: 474971

Brooklyn Board of REALTORS®

APN: 06672-0012