This property
$480,000
$480,000
Similar homes for sale
$560,333
$560,333
Recently sold homes
$561,820
$561,820
1618 Lincoln Pl, Brooklyn NY 11233
3,780 sqft Multi-Family Home|
Sold for $480,000 on Dec 23rd, 2008 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Price/sqft | $127 |
| Year built | 1925 |
| ZIP code | 11233 |
| Neighborhood | Crown Heights |
Public Records
| Street # | 1618 |
| Street | Lincoln Pl |
| City | Brooklyn |
| ZIP code | 11233 |
| Year built | 1925 |
| Sqft | 3,780 sqft |
| Lot Size | 0.06 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 12/23/2008 | Sold | $480,000 | Public record |
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Similar homes for sale
Average listing price is $560,333
Recently sold homes
Average sales price is $561,820
| This home | ||
|---|---|---|
| Sales price: | $480,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $560,333 | -14% |
| Avg. sales price: | $561,820 | -15% |
| Avg. price/sqft: | $179 | -29% |
| Compared to Crown Heights | ||
|---|---|---|
| Avg. listing price: | $445,973 | +8% |
| Avg. sales price: | $385,497 | +25% |
| Avg. price/sqft: | $126 | +1% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $480,000 | |
| Compared to Brooklyn | ||
|---|---|---|
| Avg. listing price: | $663,814 | -28% |
| Avg. sales price: | $544,758 | -12% |
| Avg. price/sqft: | $277 | -54% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Ps 191 Paul Robeson Elementary School
New York City Department Of Education |
Public | 0.21 | ||
| I think the school is a good school. My daughers were in the Collaborative Teaching Class and I felt they did improve in the 3rd grade. This was their… | ||||
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David Grayson Christian Academy
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Private | 0.24 | ||
| I love DGCA, my so is in Kiddie Kollege and he as learned and has been exposed to so much here in 1 year, that I know he would not have learned in Public… | ||||
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Ps 189 Lincoln Terrace
New York City Department Of Education |
Public | 0.29 | ||
| I go to this school it is a great place.The principle is very strict but it is for a good reason.I love my school no one can change that. | ||||
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Ps 12
New York City Department Of Education |
Public | 0.32 | ||
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Ps 156 Waverly School Of The Arts
New York City Department Of Education |
Public | 0.34 | ||
| Great school with lots of choices for afterschool program such as guitar, violin, dance, basketball, drama, art and baseball. | ||||
View all schools in:
New York City Department Of Education
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:1618 Lincoln Pl, Brooklyn NY 11233 |
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Recent Q&A in Crown Heights, Brooklyn, NY
| Communities near 1618 Lincoln Pl, Brooklyn | ||||||||||||||
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This Multi-Family Home located at 1618 Lincoln Pl, Brooklyn NY, 11233 sold for $480,000 on Dec 23, 2008. 1618 Lincoln Pl is has approximately 3,780 square feet. The property has a lot size of 2,700 square feet and was built in 1925. 1618 Lincoln Pl is in the Crown Heights neighborhood in Brooklyn, NY and in ZIP Code 11233. The most recent sale price of $480,000 is 14% lower than the average list price of $560,333 for similar homes for sale, 8% higher than the average list price of $445,973 for Crown Heights, 11% lower than the average list price of $537,162 for 11233, and 28% lower than the average list price of $663,814 for Brooklyn, NY. The most recent sale is 15% lower than the average sale price of $561,820 for similar homes for sale, 25% higher than the average sale price of $385,497 for Crown Heights sold homes, 10% higher than the average sale price of $436,620 for 11233 sold homes, and 28% lower than the average sale price of $544,758 for Brooklyn sold homes. 1618 Lincoln Pl previously sold for $480,000 on Dec 23, 2008.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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