NOT LISTED FOR SALE

Estimated Value: $1,292,385 - $1,513,000

7 Beds
3 Baths
1,732 Sq Ft
$827/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $1,250,000 $722 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,379/month

Highlights

  • Wood Flooring
  • 3-minute walk to 55 Street
  • Back Yard
  • The Seeall Academy Rated A
  • Multiple cooling system units

About This Home

As of November 2018

2 Family Attached Brick home in Borough Park. This home features 7 bedrooms, and 3 full bathrooms and a fully finished basement currently being used as a duplex with the 1st floor unit, but there is a separate entrance to the basement as well. There are hardwood floors throughout the home. The entire house was renovated in 2013 so everything is in pristine condition. The rooms are spacious and there is a lot of storage. This move in ready home is close to schools, shopping, and all major conveniences. Nearby to the D and N train stations and local buses. Showings require at least 24-48 hours notice. All offers should be submitted with mortgage pre-approval and buyer financial profile.

Last Agent to Sell the Property

Sheng (Sandy) Chen

E House Realty & Mgt. Inc. Listed on: 08/17/2018

Last Buyer's Agent

Sheng (Sandy) Chen

E House Realty & Mgt. Inc. Listed on: 08/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,077

Year Built

  • Built in 1905

Lot Details

  • 1,203 Sq Ft Lot
  • Lot Dimensions are 60 x 20
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,732 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Multiple cooling system units
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,077

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 2
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 940
  • Building Length: 47.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 12th Avenue
  • Cross Street Name2: 13th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Alarm, Dryer, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 1732
  • Street Name I D X: 58
  • Street Number I D X: 1276
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 1203

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 38
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 60
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 21, 2018
Sold by
Chen Jian Cong and Yang Bing
Bought by
Zheng Fanan
Seller's Agent
Sheng (Sandy) Chen
E House Realty & Mgt. Inc.
Buyer's Agent
Sheng (Sandy) Chen
E House Realty & Mgt. Inc.
Sold Price
$1,250,000
Current Estimated Value
$1,432,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,346
Avg. Annual Appreciation
2.03%
Original Mortgage
$750,000
Outstanding Balance
$662,053
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$770,293

Purchase Details

Closed on
Jun 28, 2012
Sold by
Samuel Stober As Trustee and The Three Sisters Trust
Bought by
Chen Jian Cong and Yang Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
3.76%

Purchase Details

Closed on
May 8, 2006
Sold by
Engelman Helen and Engelman Joseph
Bought by
Gross Yechiel and Stober Samuel
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 Fanan $1,250,000 --
Zheng Fanan $1,250,000 --
Chen Jian Cong $588,000 --
Chen Jian Cong $588,000 --
Gross Yechiel -- --
Gross Yechiel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Fanan $34,825
Open Zheng Fanan $750,000
Closed Zheng Fanan $750,000
Previous Owner Chen Jian Cong $441,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $1,250,000 -- $722 / Sq Ft
08/17/2018 08/17/18 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 $7,077 $94,620 $14,640 $79,980
2024 $7,077 $74,760 $14,640 $60,120
2023 $7,155 $70,620 $14,640 $55,980
2022 $6,980 $67,740 $14,640 $53,100
2021 $6,942 $67,320 $14,640 $52,680
2020 $3,256 $68,820 $14,640 $54,180
2019 $6,142 $65,040 $14,640 $50,400
2018 $5,985 $29,361 $7,157 $22,204
2017 $1,669 $29,138 $8,444 $20,694
2016 $4,874 $27,489 $8,979 $18,510
2015 $1,219 $25,934 $10,366 $15,568
2014 $1,219 $24,468 $11,736 $12,732
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 422807

Brooklyn Board of REALTORS®

APN: 05704-0038