NOT LISTED FOR SALE

Estimated Value: $815,258 - $935,000

-- Bed
2.5 Baths
-- Sq Ft
1,665 Sq Ft Lot

Last Sold October 13, 2020

Last sale price $750,000

Est. 20% increase in value since last sale

Current estimated payment $5,337/month

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Laundry Facilities
  • Multiple cooling system units
  • Private Driveway
  • Back Yard

About This Home

As of October 2020

Amazing Detached Flatlands location close to shopping and transportation. Great opportunity for the with updated mechanicals and a drive way that can fit multiple vehicles. Both units have 2 bedroom which leads to a huge beautiful paver backyard. House sits on a spacious 30 x 100. Both units will be delivered vacant. Opportunity knocks! Showing by appointment only.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1925

Lot Details

  • 1,665 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Back Yard

Parking

  • Private Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Aluminum Siding

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 7790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,406

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue J
  • Cross Street Name2: Avenue K
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
  • Street Name I D X: 42
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Flooring: Hardwood
  • Lot Sq Ft: 1665

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Aluminum Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 21
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 4
  • Electric: 220 V
  • Heating Fuel: Electric, Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 4406.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 13, 2020
Sold by
Nieh Ching Wah
Bought by
Luma Esther
Sold Price
$750,000
Current Estimated Value
$902,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,565
Avg. Annual Appreciation
3.74%
Original Mortgage
$736,415
Outstanding Balance
$653,808
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$248,757

Purchase Details

Closed on
Oct 6, 2008
Sold by
Cosme Gilberto and Cosme Norma
Bought by
Nieh Ching Wah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,400
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Luma Esther $750,000 --
Nieh Ching Wah $489,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luma Esther $736,415
Previous Owner Nieh Ching Wah $480,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $750,000 -- --
07/20/2020 07/20/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,065 $49,440 $13,020 $36,420
2024 $7,065 $45,720 $13,020 $32,700
2023 $6,985 $50,100 $13,020 $37,080
2022 $6,523 $40,620 $13,020 $27,600
2021 $6,514 $39,000 $13,020 $25,980
2020 $3,457 $40,500 $13,020 $27,480
2019 $4,221 $40,500 $13,020 $27,480
2018 $3,983 $28,663 $10,471 $18,192
2017 $4,439 $27,228 $9,847 $17,381
2016 $4,083 $25,795 $11,308 $14,487
2015 $2,485 $25,777 $11,699 $14,078
2014 $2,485 $24,426 $9,682 $14,744
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440651

Brooklyn Board of REALTORS®

APN: 07790-0021