NOT LISTED FOR SALE

Estimated Value: $574,099 - $619,000

2 Beds
1 Bath
800 Sq Ft
8,015 Sq Ft Lot

Last Sold December 14, 2021

Last sale price $640,000 $800 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,174/month

Highlights

  • Wood Flooring
  • 4-minute walk to Bay Parkway (N Line)
  • Elevator
  • James Madison High School Rated A-
  • Terrace
  • Porch

About This Home

As of December 2021

PRICE REDUCED! NOW ASKING $655,000. Great opportunity to own a beautiful two bedrooms condo in one of the most convenient neighborhoods in Brooklyn.

Nearby Bay Parkway, 65th St, close to transportation(N/Q/W/F lines), shopping, and restaurants.

2 Br Condo in an elevator building. Built 2014 with 10 years of tax abatement left! The unit offers a deeded parking spot, storage, in-unit laundry, hardwood floors throughout, huge 800sf enclosed balcony with endless possibilities, and much more! Modern kitchen w. all stainless appliances and granite countertop, separate living room, 2 large size bedrooms, porcelain tiled bathroom.

HOA is $200/month and includes water, trash removal, and outside maintenance. Tax is $20/month.

Last Agent to Sell the Property

Raymond Ng

Ashford Homes LLC Listed on: 06/30/2021

Co-Listed By

Jiecheng (ISON) Zhang

Ashford Homes LLC

Last Buyer's Agent

Jiecheng (ISON) Zhang

Ashford Homes LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $649

Year Built

  • Built in 2016

Lot Details

  • 8,015

Parking

  • 1 Parking Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Terrace
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas

Additional Features

  • Wood Flooring
  • Washer

Listing and Financial Details

  • Tax Block 6580
  • Property eligible for a tax abatement

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 12 Units
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$649

Year Built

Built in 2016

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: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: west 5 th st
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 200.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Elevator, Microwave, Porch, Refrigerator, Stove, Terrace, Washer
  • Rooms Total Level1: 4
  • Street Name I D X: 5th
  • Street Number I D X: 1457
  • Year Built: 2016
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Number: 7503

Utilities

  • Air Conditioning Units: 1
  • Heating Fuel: Gas
  • Utilities: Parking, Sewer, Water

Condo/Co-op/Association

  • Management Company: 1457
  • Manager Phone: 000-000-0000
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 12

Lot Info

  • Building Project Name: 1457

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Dec 14, 2021
Sold by
Chen Wendy Min Fei and Lu Edison Lung
Bought by
Huang Chanqing
Seller's Agent
Raymond Ng
Ashford Homes LLC
Buyer's Agent
Jiecheng (ISON) Zhang
Ashford Homes LLC
Sold Price
$640,000
Total Days on Market
0
Current Estimated Value
$587,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,225
Avg. Annual Appreciation
-1.32%
Original Mortgage
$504,000
Outstanding Balance
$472,949
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,059

Purchase Details

Closed on
Jul 14, 2016
Sold by
1457W Llc
Bought by
Chen Wendy Min Fei and Lu Edison Lung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Huang Chanqing $640,000 --
Chen Wendy Min Fei $466,440 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Chanqing $504,000
Previous Owner Chen Wendy Min Fei $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $640,000 -- $800 / 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
2024 $649 $70,618 $9,371 $61,247
2023 $637 $67,978 $9,371 $58,607
2022 $635 $64,225 $9,372 $54,853
2021 $637 $51,305 $9,372 $41,933
2019 $655 $54,113 $9,372 $44,741
2018 $660 $49,357 $9,371 $39,986
2017 $661 $47,279 $9,372 $37,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453449

Brooklyn Board of REALTORS®

APN: 06580-1222