NOT LISTED FOR SALE

Estimated Value: $871,000 - $1,089,000

7 Beds
3 Baths
2,600 Sq Ft
$368/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $620,000 $238 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,530/month

13 Days on Market

About This Home

As of September 2022

Investors Delight! Amazing 2 family home with great bones, just waiting for a new owner to bring this gem back to life. Being sold as-is and will be delivered vacant.

Last Agent to Sell the Property

Lamar Lanier

Next Phase Realty LLC License #10491211317 Listed on: 04/30/2022

Co-Listed By

Monique Lanier

Next Phase Realty LLC License #10401359884

Last Buyer's Agent

Lamar Lanier

Next Phase Realty LLC License #10491211317 Listed on: 04/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,409

Year Built

  • Built in 1901

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 20x150
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Highland Park Community Middle School
  • Transit Tech Career And Tech Edu High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 4116
  • Assessor Parcel Number 04116-0006

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,409

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 516-557-4614
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-05-03
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Highland Park Community School

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 20x150
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: Acres
  • Parcel Number: 04116-0006
  • Property Attached: Yes

Rental Info

  • Hold End Date: 2022-05-20
  • Hold Start Date: 2022-05-09
  • Lease Considered: No

Tax Info

  • Close Date: 2022-09-21
  • Tax Annual Amount: 6409.00
  • Tax Block: 4116
  • Tax Lot: 6
  • Tax Map Number: 04116-0006

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • High School: Transit Tech Career And Tech Edu
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Eny Chestnut Llc
Bought by
Zhang Xin Rou
Current Estimated Value
$957,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$644,574
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,589

Purchase Details

Listed on
Apr 30, 2022
Closed on
Sep 21, 2022
Sold by
Melendez Miriam
Bought by
Eny Chestnut Llc
Seller's Agent
Lamar Lanier
Next Phase Realty LLC
Buyer's Agent
Lamar Lanier
Next Phase Realty LLC
List Price
$699,000
Sold Price
$620,000
Premium/Discount to List
-$79,000
-11.3%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Aug 2, 2007
Sold by
Melendez Leonidez V and Melendez Miriam
Bought by
Melendez Miriam

Purchase Details

Closed on
Jul 22, 1998
Sold by
Salazar William and Salazar Miriam
Bought by
Melendez Leonidez V and Melendez Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,950
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 1995
Sold by
Radinson Diomedes and Radinson Rosa
Bought by
Salazar William and Salazar Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,366
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Xin Rou $1,100,000 --
Zhang Xin Rou $1,100,000 --
Eny Chestnut Llc $620,000 --
Eny Chestnut Llc $620,000 --
Melendez Miriam -- --
Melendez Miriam -- --
Melendez Leonidez V $180,000 Commonwealth Land Title Ins
Melendez Leonidez V $180,000 Commonwealth Land Title Ins
Salazar William -- Uslife Title Insurance Compa
Salazar William -- Uslife Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Xin Rou $660,000
Closed Zhang Xin Rou $660,000
Previous Owner Melendez Leonidez V $173,950
Previous Owner Salazar William $7,366
Closed Melendez Miriam $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $620,000 0.0% $238 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/09/2022 05/09/22 Off Market $620,000 -- --
04/30/2022 04/30/22 For Sale $699,000 -- $269 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,716 $51,420 $18,000 $33,420
2024 $6,716 $55,860 $18,000 $37,860
2023 $6,791 $52,500 $18,000 $34,500
2022 $6,444 $50,520 $18,000 $32,520
2021 $6,409 $45,780 $18,000 $27,780
2020 $3,090 $46,980 $18,000 $28,980
2019 $5,830 $46,980 $18,000 $28,980
2018 $5,681 $27,867 $13,795 $14,072
2017 $5,484 $26,900 $12,995 $13,905
2016 $5,074 $25,380 $13,793 $11,587
2015 $2,841 $24,616 $17,976 $6,640
2014 $2,841 $23,223 $14,428 $8,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3395747

OneKey® MLS

APN: 04116-0006