NOT LISTED FOR SALE

1561 W 5th St Unit 3A Brooklyn, NY 11204

Bensonhurst Neighborhood

Estimated Value: $650,000 - $745,710

3 Beds
2 Baths
1,085 Sq Ft
2004 Built

Last Sold August 30, 2019

Last sale price $628,000 $579 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,287/month

Highlights

  • Multiple cooling system units
  • James Madison High School Rated A-
  • Laundry Facilities

About This Home

As of August 2019

Location location location! Beautiful open floor plan, 3 bedroom/2bath condo approximately 1085sqft, current tax $2228. Projected tax after abatement is SuperLow. Everything is modernly updated and well maintained. Light filled living room opens to the balcony and leads to a spacious kitchen and dining room with hardwood floor throughout. Kitchen features granite tabletop with subway tile backsplash, center island countertop with storage, stainless steel appliances with range hood and dishwasher. Modern en-suite master bath and full bathroom renovated in 2018 with luxurious marble tiles and vanity top. Custom built closets with plenty of storage space in the entryway. Additional features include a “bedroom-sized” private storage unit in the basement ( approx 150sq ft ). Super convenient location....close to N, W, F train, markets, schools and much more! Asking $649,000. Wonderful owner working with a highly cooperative agent!! Won’t last....act fast!!!!"

Last Agent to Sell the Property

Mandy Shi

Momentum Real Estate LLC Listed on: 04/17/2019

Co-Listed By

Mitchell Duong

Momentum Real Estate LLC

Last Buyer's Agent

Mandy Shi

Momentum Real Estate LLC Listed on: 04/17/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 2004

Home Design

  • 1,085 Sq Ft Home

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 6602
  • Property eligible for a tax abatement

Community Details

Overview

  • 6 Units
  • Association Phone (718) 981-2500
  • Island Condo
  • Property managed by The Westscott Condominium

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 3
  • 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: Ave P
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 168.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Disposal, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
  • Rooms Total Level1: 6
  • Fill Sq Ft Total: 1085
  • Street Name I D X: 5
  • Street Number I D X: 1561
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Floor: 3
  • Room Count: 8
  • Total Rooms: 6
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1003

Utilities

  • Air Conditioning Units: 2
  • Utilities: Water

Condo/Co-op/Association

  • Management Company: The Westscott Condominium
  • Manager Phone: 718-981-2500
  • Units In Building: 6

Lot Info

  • Building Project Name: Island Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 2228.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 30, 2019
Sold by
Chan Samantha
Bought by
Jiang Yao Hui and Liang Yan Ting
Seller's Agent
Mandy Shi
Momentum Real Estate LLC
Buyer's Agent
Mandy Shi
Momentum Real Estate LLC
Sold Price
$628,000
Current Estimated Value
$715,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,652
Avg. Annual Appreciation
2.09%
Original Mortgage
$210,000
Outstanding Balance
$185,112
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$524,697

Purchase Details

Closed on
Nov 21, 2011
Sold by
Petey'S Realty Llc
Bought by
Chan Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2005
Sold by
Marjoe Realty Corp
Bought by
Peteys Realty Llc
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
Jiang Yao Hui $628,000 --
Jiang Yao Hui $628,000 --
Chan Samantha $399,000 --
Chan Samantha $399,000 --
Peteys Realty Llc -- --
Peteys Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Yao Hui $210,000
Closed Jiang Yao Hui $210,000
Previous Owner Chan Samantha $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $628,000 -- $579 / Sq Ft
04/17/2019 04/17/19 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 $4,016 $29,670 $3,450 $26,220
2024 $4,016 $27,990 $3,450 $24,540
2023 $3,831 $33,670 $3,450 $30,220
2022 $2,664 $31,040 $3,450 $27,590
2021 $3,533 $27,430 $3,450 $23,980
2020 $1,757 $27,939 $3,450 $24,489
2019 $2,916 $27,939 $3,450 $24,489
2018 $2,172 $15,719 $1,920 $13,799
2017 $1,583 $14,830 $1,955 $12,875
2016 $1,047 $13,992 $2,258 $11,734
2015 $417 $13,992 $2,267 $11,725
2014 $417 $13,886 $2,700 $11,186
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mandy Shi

    Momentum Real Estate LLC

    (718) 382-0001

    10 in this area

    70 Total Sales

    Section Image
  • Mitchell Duong

    Seller Co-Listing Agent in 2019

    Mitchell Duong

    Momentum Real Estate LLC

    (718) 382-0005

    8 in this area

    26 Total Sales

    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 429150

Brooklyn Board of REALTORS®

APN: 06602-1003

New York Kings County Brooklyn 11204 Bensonhurst

1561 W 5th St Unit 3A, Brooklyn, NY

This home is located at 1561 W 5th St Unit 3A, Brooklyn, NY 11204 since 17 April 2019 and is currently estimated at $710,928, approximately $655 per square foot. This property was built in 2004. 1561 W 5th St Unit 3A is a home located in Kings County with nearby schools including P.S.177 The Marlboro, Seth Low Intermediate School 96, and James Madison High School.

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