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220 Avenue North

220 Avenue North, Brooklyn, NY 11230
Property in Ocean Parkway
Sold May 12, 2009
$520,000
$702,000 by Mers,
Mortgage Due Apr 29, 2051
Local assessors in Brooklyn, NY have categorized 220 Avenue North 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 2,667 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 267 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 220 Avenue North has a total of 2,560 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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, 220 Avenue North sold most recently in May 1, 2009 for a total of $520,000. If you work out the math, that's approximately a cost of $203.13 per sqft. 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 $9,323 in taxes each year. 220 Avenue North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $135,240. If we break it down further, the land itself was valued at $22,500. Improvements to the property, however, were assessed at a total of $112,740. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,667
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 267
  • Total Building Area: 2,560
  • Gross Building Area: 2,560
  • Building Area: 2,560
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.061
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : CHALOUH TALEB
  • Previous Owner : FANYA RAYNSHTEYN AS TRUSTEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 044000

Zoning

  • Zoning: R5

Geography

  • Account Number: 3-06584-0008
  • District: 12
  • Section: 2002
  • Parcel: 06584-0008
  • Block: 6584
  • Lot: 8
  • Municipality: MIDWOOD
  • Latitude: 40.614
  • Longitude: -73.9721

    Address

  • Full Address: 220 Avenue N
  • Address - House Number: 220
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C026
  • 4-Digit Zip Code: 5509
  • Zip Code: 11230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,323

    Appraisal Valuation

  • Standard Deviation: 0.2703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 1,591,106
  • High Value: 2,021,262
  • Low Value: 1,160,949

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $702,000
  • First Open Lien Mortgage Lender: MERS,
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $702,000
  • 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: Apr 29, 2051

    Market Valuation

  • Market Total Value: $2,254,000
  • Market Land Value: $375,000
  • Market Improvement Value: $1,879,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,240
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $112,740

    Sales

  • Current Sale Contract Date: May 01, 2009
  • Current Sale Recording Date: May 12, 2009
  • Current Sale Transaction ID: 1105876278
  • Current Sale Price: $520,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009000139939

    Last Sale Mortgage

  • First Mortgage Transaction Date: May 12, 2009
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 220 Avenue North located in?
The 220 Avenue North is a located in the neighborhood of Ocean Parkway in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 220 Avenue North?
The average sales price for units in 220 Avenue North is $0 currently.

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