NOT LISTED FOR SALE

Estimated Value: $1,262,000 - $1,444,000

5 Beds
3 Baths
2,766 Sq Ft
$491/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,190,000 $430 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,989/month

119 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Myrtle-Wyckoff Avenues
  • Baseboard Heating
  • Cooling System Mounted In Outer Wall Opening
  • Park
  • Fenced

About This Home

As of August 2023

Are you seeking a two-family home with tons of investment potential and a central location? Look no further! Built in 2002, this original-owner property warmly welcomes with a beautiful brick fa ade, convenient gated parking, and stylish awnings. Situated on the lower-level, the vacant 3BR/2BAunit delights with an openly flowing floorplan, a neutral color scheme, hardwood flooring, a spacious living room, and direct access to the party-perfect backyard. Ideal for entertaining, the fully-equipped kitchen features ample wood cabinetry, laminate counters, a gas range/oven, a refrigerator, and an adjoining dining area. Each bedroom is generously sized with a dedicated closet. Explore the upper-level to discover a fully-furnished, 2BR/1BA unit, which impresses with tons of luminous natural light, an open concept floorplan, an attractive color scheme, a large living/dining room, sizeable bedrooms, comfortable furnishings, and a neat kitchen boasting a stainless-steel gas range/oven, wood cabinetry, a breakfast bar, and a refrigerator. Other features: gated parking for one vehicle, laundry areas, only one-block from public transportation, near shopping, dining, schools, and entertainment, and much more! Whether a seasoned investor or a savvy homeowner, this move-in ready duplex delivers both comfort and multiple exit strategies. Please note the property will be delivered vacant. Call now to schedule your private showing! *Vacant unit & backyard are Staged*

Last Agent to Sell the Property

Yvonne Martinez

RE/MAX In The City Brokerage Phone: (646) 489-7001 License #30MA0959628 Listed on: 02/28/2023

RE/MAX In The City

Last Buyer's Agent

Blanche Sapan

License #30SA0549121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,136

Year Built

  • Built in 2002

Lot Details

  • 880 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Home Design

  • 2,766 Sq Ft Home
  • Tri-Level Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03335-0146

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,136

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 2002
  • Attribution Contact: (646) 489-7001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 2766
  • Owner Pays: Insurance
  • SquareFootage: 2766.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 880
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03335-0146
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 8136
  • Tax Map Number: 03335-0146

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Aug 31, 2023
Sold by
Guerrero Carlos
Bought by
Zheng Chaoyang
Seller's Agent
Yvonne Martinez
RE/MAX In The City
Buyer's Agent
Yvonne Martinez
RE/MAX In The City
List Price
$1,499,999
Sold Price
$1,190,000
Premium/Discount to List
-$309,999
-20.67%
Views
101
Current Estimated Value
$1,359,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,008
Avg. Annual Appreciation
4.85%
Original Mortgage
$833,000
Outstanding Balance
$815,928
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$494,785

Purchase Details

Closed on
Nov 19, 2002
Sold by
Loewen Of Bushwick Llc and Nyc Partnership Housing Development
Bought by
Guerrero Carlos

Purchase Details

Closed on
Nov 15, 2002
Sold by
Loewen Of Bushwick Llc and Nyc Partnership Housing Development
Bought by
Mercado Hector

Purchase Details

Closed on
Sep 24, 2002
Sold by
Loewen Of Bushwick Llc and Nyc Partnership Housing Development
Bought by
Blanco Rafael and Hogu Clara

Purchase Details

Closed on
Sep 17, 2002
Sold by
Loewen Of Bushwick Llc and Nyc Partnership Housing Development
Bought by
Qiu Shao Hua
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 Chaoyang $1,190,000 --
Zheng Chaoyang $1,190,000 --
Guerrero Carlos -- --
Guerrero Carlos -- --
Mercado Hector -- --
Mercado Hector -- --
Mercado Hector -- --
Blanco Rafael -- --
Blanco Rafael -- --
Qiu Shao Hua -- --
Qiu Shao Hua -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Chaoyang $833,000
Closed Zheng Chaoyang $833,000
Previous Owner Nyc Partnership Housing $1,287,593
Previous Owner Nyc Partnership Housing $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $1,190,000 -11.9% $430 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $1,350,000 -10.0% $488 / Sq Ft
02/28/2023 02/28/23 For Sale $1,499,999 -- $542 / Sq Ft
Source: OneKey® MLS

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 $8,973 $79,920 $11,280 $68,640
2024 $8,973 $67,680 $11,280 $56,400
2023 $8,651 $63,420 $11,280 $52,140
2022 $8,136 $58,620 $11,280 $47,340
2021 $7,443 $54,120 $11,280 $42,840
2020 $3,250 $65,640 $11,280 $54,360
2019 $5,882 $58,500 $11,280 $47,220
2018 $4,758 $35,496 $5,110 $30,386
2017 $4,059 $33,962 $5,863 $28,099
2016 $3,383 $32,040 $6,845 $25,195
2015 $956 $31,026 $7,437 $23,589
2014 $956 $31,026 $8,921 $22,105
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6234796

OneKey® MLS

APN: 03335-0146