NOT LISTED FOR SALE

1517 70th St Unit 3B Brooklyn, NY 11228

Bensonhurst Neighborhood

Estimated Value: $794,000 - $1,036,000

4 Beds
2 Baths
1,610 Sq Ft
2006 Built

Last Sold April 06, 2021

Last sale price $850,000 $528 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,031/month

Highlights

  • Penthouse
  • 2-minute walk to 71 Street
  • Ceramic Tile Flooring
  • P.S. 112 Lefferts Park Elementary School Rated A
  • Terrace
  • 1-minute walk to Lt. Joseph Petrosino Park

About This Home

As of April 2021

Dyker Height 1,610 Sq.ft(plus 539 Sq.ft terrace) Luxury penthouse Condo. Four bedrooms and two full baths. Built in 2006. Fully Renovated in 2016 with modern kitchen and bath, ceramic tile floor throughout, stainless steel appliances, counter top, 5 split A/C, washer and dryer. Two balconies and a huge terrace. Storage room in the basement. One parking space can fit 2 cars. Close to D train, schools and supermarkets.

Last Agent to Sell the Property

Xiao Ming Tan

Listed on: 01/12/2021

Co-Listed By

Gary Cheng

Last Buyer's Agent

Xiao Ming Tan

Listed on: 01/12/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 2006

Parking

  • 2 Parking Spaces

Home Design

  • Penthouse
  • Entry on the 3rd floor

Interior Spaces

  • 1,610 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 6158

Community Details

Overview

  • 3 Units
  • Association Phone (917) 340-7277
  • Pioneer Terrace Condo
  • Property managed by Self Management

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,000

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: 15th Ave
  • Cross Street Name2: New Utrecht Ave
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard, Hot Water
  • Maintenance Common Fee: 250.00
  • Negotiate Thru: Broker
  • Parking Attributes: 2 Spaces
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dryer, Microwave, Refrigerator, Stove, Terrace, Washer
  • Fill Sq Ft Total: 1610
  • Street Name I D X: 70
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic
  • Entry Floor: 3
  • Pets Allowed: Yes
  • Basement Type: Penthouse

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1006

Utilities

  • Air Conditioning Units: 5+
  • Heating Fuel: Gas
  • Utilities: Parking, Sewer, Water

Condo/Co-op/Association

  • Management Company: Self Management
  • Manager Phone: 917-340-7277
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 3

Lot Info

  • Building Project Name: Pioneer Terrace Condo

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 9000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 6, 2021
Sold by
Kwok Chun Ping
Bought by
You Xincheng
Seller's Agent
Xiao Ming Tan
Buyer's Agent
Xiao Ming Tan
Sold Price
$850,000
Current Estimated Value
$944,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,679
Avg. Annual Appreciation
2.34%
Original Mortgage
$600,000
Outstanding Balance
$542,592
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,087

Purchase Details

Closed on
Dec 29, 2018
Sold by
Liang Queen
Bought by
Kwok Chun Ping

Purchase Details

Closed on
Jun 29, 2016
Sold by
Yu Raymond W
Bought by
Liang Queen

Purchase Details

Closed on
Dec 11, 2009
Sold by
Pioneer Terrace Llc
Bought by
Yu Raymond Wai Man and Yu Zhi Qiong
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
You Xincheng $850,000 --
Kwok Chun Ping -- --
Liang Queen $650,000 --
Yu Raymond Wai Man $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open You Xincheng $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $850,000 -- $528 / Sq Ft
01/12/2021 01/12/21 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 $13,030 $125,037 $25,799 $99,238
2024 $13,030 $104,226 $25,799 $78,427
2023 $10,499 $130,283 $25,799 $104,484
2022 $11,753 $128,047 $25,799 $102,248
2021 $8,851 $119,190 $25,799 $93,391
2020 $9,152 $130,971 $25,799 $105,172
2019 $8,897 $131,744 $25,799 $105,945
2018 $10,150 $79,801 $16,800 $63,001
2017 $9,398 $73,890 $16,469 $57,421
2016 $8,820 $68,417 $16,824 $51,593
2015 $5,726 $68,417 $19,755 $48,662
2014 $5,726 $66,296 $19,198 $47,098
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2021

    Xiao Ming Tan

    (917) 903-9216

    4 in this area

    20 Total Sales

    Xiao Ming Tan
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gary Cheng

    (347) 742-1436

    4 in this area

    18 Total Sales

    Gary Cheng
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446564

Brooklyn Board of REALTORS®

APN: 06158-1006

New York Kings County Brooklyn 11228 Bensonhurst

1517 70th St Unit 3B, Brooklyn, NY

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