NOT LISTED FOR SALE

1208 Sheepshead Bay Rd Unit 2A Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $400,000 - $591,000

2 Beds
1 Bath
831 Sq Ft
1988 Built

Last Sold August 30, 2022

Last sale price $475,000 $572 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,100/month

About This Home

As of August 2022

Prime Sheepshead Bay Two Bedroom Condo for sale! Two-bedroom 1 Bathroom condo located on a quiet residential block. Unit is on the second level of a 3 story walk-up condo building. Sunny bright with windows throughout, closets, hardwood floors. Approximately 831 Sq ft with low maintenance. Balcony in the master bedroom. Private parking space that comes with the unit. Close to Sheepshead Bay shopping, B/Q Train, transportation, schools, and all.

Last Agent to Sell the Property

Peter Pan

RE/MAX Edge License #10401215383 Listed on: 06/30/2021

Co-Listed By

May Lan

RE/MAX Edge License #10401301168

Last Buyer's Agent

Peter Pan

RE/MAX Edge License #10401215383 Listed on: 06/30/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,710

Year Built

  • Built in 1988

Lot Details

  • Sprinkler System

Parking

  • 1 Parking Space

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 831 Sq Ft Home
  • Window Treatments
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Gas Available
  • Septic System

Community Details

  • 12 Units
  • Association Phone (718) 851-6259
  • Bay Gardens Condominium Condos
  • Property managed by Gutman Management

Listing and Financial Details

  • Tax Block 7414

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,710

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 13th St
  • Cross Street Name2: Ave Y
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 296.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Refrigerator, Stove, Window Treatments
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 831
  • Street Name I D X: Sheepshead Bay
  • Street Number I D X: 1208
  • Withdrawal Type: Withdrawal of Property
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 2
  • Room Count: 5
  • Total Rooms: 4
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1005

Utilities

  • Air Conditioning Units: 2
  • Utilities: Gas, Heat, Parking, Septic, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Gutman Management
  • Manager Phone: 718-851-6259
  • Units In Building: 12

Lot Info

  • Building Project Name: Bay Gardens Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3710.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 29, 2022
Sold by
Mei Yip Cindy Xue and Mui Lap Tong
Bought by
Zheng Liyun and Zhu Haiyuan
Seller's Agent
Peter Pan
RE/MAX Edge
Buyer's Agent
Peter Pan
RE/MAX Edge
Sold Price
$475,000
Current Estimated Value
$494,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,965
Avg. Annual Appreciation
1.31%
Original Mortgage
$380,000
Outstanding Balance
$363,190
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,775

Purchase Details

Closed on
Oct 12, 2018
Sold by
Choi Elise Wan and Choi %
Bought by
Mui Lap Tong and Yip Cindy Xue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2016
Sold by
Menkov Nick
Bought by
Choi Wan Ha Elise

Purchase Details

Closed on
Aug 7, 2003
Sold by
Mvrs Building Corp
Bought by
Menkov Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zheng Liyun $475,000 --
Zheng Liyun $475,000 --
Mui Lap Tong $430,000 --
Mui Lap Tong $430,000 --
Choi Wan Ha Elise $415,000 --
Choi Wan Ha Elise $415,000 --
Menkov Nick $225,000 --
Menkov Nick $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Liyun $380,000
Closed Zheng Liyun $380,000
Previous Owner Mui Lap Tong $140,000
Previous Owner Menkov Nick $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $475,000 -- $572 / Sq Ft
06/30/2021 06/30/21 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 $6,045 $47,941 $9,881 $38,060
2024 $6,045 $53,541 $9,881 $43,660
2023 $4,267 $50,830 $9,881 $40,949
2022 $3,973 $45,159 $9,881 $35,278
2021 $3,756 $43,447 $9,881 $33,566
2020 $14 $44,267 $9,881 $34,386
2019 $5,096 $44,267 $9,881 $34,386
2018 $4,731 $44,873 $9,881 $34,992
2017 $4,089 $40,949 $9,881 $31,068
2016 $3,843 $39,915 $9,881 $30,034
2015 $2,132 $32,067 $9,880 $22,187
2014 $2,132 $28,215 $9,881 $18,334
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453467

Brooklyn Board of REALTORS®

APN: 07414-1005