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382 Avenue West

382 Avenue West, Brooklyn, NY 11223
Property in Gravesend
Sold Mar 15, 2005
$866,250
$563,062
Mortgage Due Mar 15, 2035
382 Avenue West has been categorized by the local assessors in Brooklyn, NY as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 270 ft. The area measurement of the land has been determined as 2,701 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 382 Avenue West sold most recently in Jul 29, 2004 for a total of $866,250. If you work out the math, that's approximately a cost of $443.78 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 $8,330 in taxes each year. The initial year of tax delinquency occurred in 2022. 382 Avenue West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,760. If we break it down further, the land itself was valued at $11,580. Improvements to the property, however, were assessed at a total of $57,180. 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Triplex
  • Floor Count: 2
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,701
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 270
  • Total Building Area: 1,952
  • Gross Building Area: 1,952
  • Building Area: 1,952
  • 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: 0.062
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : BALLAH ISAK
  • Current Owner 2: BALLAH SALIM
  • Previous Owner : 382 AVENUE W LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 038800

Zoning

  • Zoning: R4

Geography

  • Account Number: 3-07177-0008
  • District: 15
  • Section: 2107
  • Parcel: 07177-0008
  • Block: 7177
  • Lot: 8
  • Municipality: GRAVESEND
  • Latitude: 40.5926
  • Longitude: -73.969

    Address

  • Full Address: 382 Avenue W
  • Address - House Number: 382
  • Street Segment Direction: W
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C004
  • 4-Digit Zip Code: 5350
  • Zip Code: 11223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,330
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,368,653
  • High Value: 1,731,421
  • Low Value: 1,005,884

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $794,287
  • First Open Lien Mortgage Recording Date: Mar 15, 2005
  • First Open Lien Mortgage Loan Amount: $563,062
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 15, 2035
  • Second Open Lien Mortgage Recording Date: Mar 15, 2005
  • Second Open Lien Mortgage Loan Amount: $129,937
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Mar 15, 2035
  • Third Open Lien Mortgage Lender: WEST 80 CENTURY ROAD
  • Third Open Lien Mortgage Recording Date: Dec 23, 2013
  • Third Open Lien Mortgage Loan Amount: $101,288
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Due Date: Dec 23, 2043

    Market Valuation

  • Market Total Value: $1,146,000
  • Market Land Value: $193,000
  • Market Improvement Value: $953,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,760
  • Assessed Land Value: $11,580
  • Assessed Improvements Value: $57,180

    Sales

  • Current Sale Contract Date: Jul 29, 2004
  • Current Sale Recording Date: Mar 15, 2005
  • Current Sale Transaction ID: 1122886951
  • Current Sale Price: $866,250
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2005000150240

    Last Sale Mortgage

  • First Mortgage Transaction Date: Mar 15, 2005
  • First Mortgage Loan Amount: $563,062
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • Second Mortgage Transaction Date: Mar 15, 2005
  • Second Mortgage Loan Amount: $129,937
  • Second Mortgage Terms: 360

About Southern Brooklyn



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Frequently Asked Questions

What neighborhood is 382 Avenue West located in?
The 382 Avenue West is a located in the neighborhood of Gravesend in Southern Brooklyn, Brooklyn.
What is the average sales price for listings in 382 Avenue West?
The average sales price for units in 382 Avenue West is $0 currently.

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