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1322 Avenue South

1322 Avenue South, Brooklyn, NY 11229
Property in Homecrest
Sold Feb 24, 2010
$660,000
$396,000
Mortgage Due Feb 24, 2040
Sold Jan 11, 1994
$180,000
$50,000 by Edward Ginberg
Mortgage
Local assessors in Brooklyn, NY have categorized 1322 Avenue South as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 2,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 200 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1322 Avenue South sold most recently in Feb 1, 2010 for a total of $660,000. If you work out the math, that's approximately a cost of $356.95 per sqft. Before that, the property was also sold for $180,000 in Dec 8, 1993. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,197 in taxes each year. 1322 Avenue South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,200. If we break it down further, the land itself was valued at $10,260. Improvements to the property, however, were assessed at a total of $80,940. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,849
  • Gross Building Area: 1,849
  • Building Area: 1,849
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : TAWIL DAVID
  • Current Owner 2: TAWIL RACHEL
  • Previous Owner : ZADBEH BASHI
  • Owner Before Previous Owner: GINBERG EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 055600

Zoning

  • Zoning: R4-1

Geography

  • Account Number: 3-07292-0010
  • District: 15
  • Section: 2201
  • Parcel: 07292-0010
  • Block: 7292
  • Lot: 10
  • Municipality: HOMECREST
  • Latitude: 40.6031
  • Longitude: -73.9583

    Address

  • Full Address: 1322 Avenue S
  • Address - House Number: 1322
  • Street Segment Direction: S
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C008
  • 4-Digit Zip Code: 3322
  • Zip Code: 11229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,197

    Appraisal Valuation

  • Standard Deviation: 0.259
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 1,276,456
  • High Value: 1,607,136
  • Low Value: 945,776

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $405,685
  • First Open Lien Mortgage Recording Date: Feb 24, 2010
  • First Open Lien Mortgage Loan Amount: $396,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 24, 2040
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK N.A
  • Second Open Lien Mortgage Recording Date: Jan 28, 2021
  • Second Open Lien Mortgage Loan Amount: $9,685
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jan 28, 2051

    Market Valuation

  • Market Total Value: $1,520,000
  • Market Land Value: $171,000
  • Market Improvement Value: $1,349,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,200
  • Assessed Land Value: $10,260
  • Assessed Improvements Value: $80,940

    Sales

  • Current Sale Contract Date: Feb 01, 2010
  • Current Sale Recording Date: Feb 24, 2010
  • Current Sale Transaction ID: 1194110244
  • Current Sale Price: $660,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010000064588
  • Previous Sale Recording Date: Jan 11, 1994
  • Previous Sale Contract Date: Dec 08, 1993
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Transaction Date: Feb 24, 2010
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: EDWARD GINBERG
  • Previous Mortgage Transaction Date: Jan 11, 1994
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Southern Brooklyn



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1322 Avenue South located in?
The 1322 Avenue South is a located in the neighborhood of Homecrest in Southern Brooklyn, Brooklyn.
What is the average sales price for listings in 1322 Avenue South?
The average sales price for units in 1322 Avenue South is $0 currently.

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