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2975 Ave South

2975 Ave South, Brooklyn, NY 11229
Property in Sheepshead Bay
Sold Nov 28, 2011
$599,000
Local assessors in Brooklyn, NY have categorized 2975 Ave South as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 1,900 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 200 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.

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, 2975 Ave South sold most recently in Sep 26, 2011 for a total of $599,000. If you work out the math, that's approximately a cost of $269.82 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 $8,796 in taxes each year. 2975 Ave South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $62,220. If we break it down further, the land itself was valued at $14,340. Improvements to the property, however, were assessed at a total of $47,880. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,900
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 200
  • Total Building Area: 2,220
  • Gross Building Area: 2,220
  • Building Area: 2,220
  • 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: 0.044
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : FOTI ANTHONY
  • Previous Owner : TRAPANI PETER R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 056400

Zoning

  • Zoning: R4

Geography

  • Account Number: 3-06837-0044
  • District: 15
  • Section: 2010
  • Parcel: 06837-0044
  • Block: 6837
  • Lot: 44
  • Municipality: MARINE PARK
  • Latitude: 40.6055
  • Longitude: -73.941

    Address

  • Full Address: 2975 Avenue S
  • Address - House Number: 2975
  • Street Segment Direction: S
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C046
  • 4-Digit Zip Code: 3230
  • Zip Code: 11229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,796

    Appraisal Valuation

  • Standard Deviation: 0.2631
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,141,703
  • High Value: 1,442,108
  • Low Value: 841,298

    Market Valuation

  • Market Total Value: $1,037,000
  • Market Land Value: $239,000
  • Market Improvement Value: $798,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,220
  • Assessed Land Value: $14,340
  • Assessed Improvements Value: $47,880

    Sales

  • Current Sale Contract Date: Sep 26, 2011
  • Current Sale Recording Date: Nov 28, 2011
  • Current Sale Transaction ID: 1194308630
  • Current Sale Price: $599,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2011000412642

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE COMPANY
  • First Mortgage Transaction Date: Nov 28, 2011
  • First Mortgage Loan Amount: $479,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Southern Brooklyn



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Frequently Asked Questions

What neighborhood is 2975 Ave South located in?
The 2975 Ave South is a located in the neighborhood of Sheepshead Bay in Southern Brooklyn, Brooklyn.
What is the average sales price for listings in 2975 Ave South?
The average sales price for units in 2975 Ave South is $0 currently.

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