NOT LISTED FOR SALE

1520 E 16th St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $929,000 - $1,340,208

4 Beds
2 Baths
1,872 Sq Ft
$577/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $718,000 $384 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,241/month

Highlights

  • Deck
  • 4-minute walk to Kings Highway (B,Q Line)
  • Porch
  • Jhs 234 Arthur W Cunningham Rated A-
  • Wood Flooring
  • Multiple cooling system units

About This Home

As of July 2019

Beautiful Two Family Brick located in Midwood for sale. The top floor consist of an Open Concept Kitchen / Dining / Living Room, 2 Bedrooms, Full Bathroom and Outdoor Deck. The bottom floor consists of Kitchen, Living Room , 2 Bedrooms, Full Bathroom, Garage and Laundry Area. This house has been recently renovated. Other features include Granite Tops, Hardwood Floors, Splits System Air Conditioner, New Windows, and many more. 100% Move in Ready. Conveniently located near shopping, restaurants, houses of worship, schools, and public transportation ( Q and B subway line ).Come check it out for yourself!

Last Agent to Sell the Property

Danny Chung

Listed on: 04/04/2019

Last Buyer's Agent

Danny Chung

Listed on: 04/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,037

Lot Details

  • 1,728 Sq Ft Lot
  • Lot Dimensions are 48 x 36
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 1,872 Sq Ft Home
  • Window Treatments

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Private Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,037

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 26.00
  • Building Width: 36.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Cross Street Name2: Avenue O
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard, Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Dryer, Laundry Area, Porch, Washer, Window Treatments
  • Fill Sq Ft Total: 1872
  • Street Name I D X: 16
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 1728

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 48
  • Lot Size Width: 36

Tax Info

  • Flip Tax Amount: 6037.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jul 26, 2019
Sold by
Ng Cheong Wah and Ng Eddy
Bought by
Li Joyce
Seller's Agent
Danny Chung
Buyer's Agent
Danny Chung
Sold Price
$718,000
Current Estimated Value
$1,080,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,552
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Feb 5, 2008
Sold by
Eng Anthony and Eng Gloria
Bought by
Ng Cheong Wah and Ng Eddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Joyce $718,000 --
Li Joyce $718,000 --
Ng Cheong Wah $320,000 --
Ng Cheong Wah $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ng Cheong Wah $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $718,000 -- $384 / Sq Ft
04/04/2019 04/04/19 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 $6,956 $51,900 $15,480 $36,420
2024 $6,956 $43,800 $15,480 $28,320
2023 $7,034 $52,080 $15,480 $36,600
2022 $6,600 $46,140 $15,480 $30,660
2021 $6,564 $42,360 $15,480 $26,880
2020 $3,201 $47,880 $15,480 $32,400
2019 $6,038 $46,140 $15,480 $30,660
2018 $5,884 $28,862 $8,120 $20,742
2017 $5,616 $27,550 $11,247 $16,303
2016 $5,196 $25,992 $11,084 $14,908
2015 $3,135 $25,495 $14,933 $10,562
2014 $3,135 $24,052 $15,724 $8,328
Source: Public Records

Agents Affiliated with this Home

  • Danny Chung

    Seller's Agent in 2019

    Danny Chung

    (646) 379-7176

    3 in this area

    104 Total Sales

    Danny Chung
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 428708

Brooklyn Board of REALTORS®

APN: 06762-0014

New York Kings County Brooklyn 11230 Midwood

1520 E 16th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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