$665,000
SOLD DEC 24, 2024
3 Beds
2 Baths
1,326 Sq Ft
0.39 Acres

Recently Sold

$502 Per Sq Ft

11% Below List Price

Highlights

  • Elevator
  • 5-minute walk to Kings Highway (B,Q Line)
  • Resident Manager or Management On Site
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Bike Room
  • Handicap Accessible

About This Home

As of December 2024

Don't miss out on the opportunity to own a condo in one of Midwood's most sought-after buildings. This stylish 3-bedroom, 2-bathroom unit with a balcony boasts a modern, refined design that is both fashionable and comfortable. For an additional $35,000, secure a parking space with your purchase. Benefit from the remaining 10 years of the condominium's 15-year 421-A tax abatement. Enjoy hardwood floors, ample closet space, sunlight from multiple windows, an open kitchen with custom cabinets and stylish countertops. Building amenities include a recreation room, bike storage, and a welcoming lobby. This apartment offers 1326 gross sqft and 1110 net sqft with a 40 sqft balcony. Convenient transportation options include access to the B/Q train on Kings Highway and the B7, B49, and B82 buses, as well as proximity to a variety of shopping and dining options. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Hui Xin Chen

RE/MAX Edge Listed on: 06/29/2024

RE/MAX Edge

Last Buyer's Agent

Hui Xin Chen

RE/MAX Edge Listed on: 06/29/2024

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $220

Year Built

  • Built in 2019

Home Design

  • 1,326 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Garage Door Opener

Additional Features

  • Microwave
  • Handicap Accessible
  • Sprinkler System
  • Gas Available

Listing and Financial Details

  • Tax Block 6766
  • Property eligible for a tax abatement

Community Details

Overview

  • 83 Units
  • Association Phone (347) 662-9370
  • Midwood Garden Tower Condos
  • Property managed by Midwood Garden Tower Condo

Amenities

  • Laundry Facilities
  • Elevator
  • Bike Room

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$220

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 3
  • Borough: Brooklyn
  • 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: Yes
  • Maintenance Common Fee: 463.00
  • Parking Attributes: 1 Space, Other
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Elevator, Garage Door Opener(s), Microwave, Refrigerator
  • Rooms Total Level1: 5
  • Fill Sq Ft Total: 1326
  • Street Name I D X: 19th
  • Street Number I D X: 1587
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Floor: 4
  • Room Count: 7
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1302

Utilities

  • Air Conditioning Units: 0
  • Utilities: Gas, Heat, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Midwood Garden Tower Condo
  • Manager Phone: 347-662-9370
  • Units In Building: 83

Lot Info

  • Building Project Name: Midwood Garden Tower

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 220.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Dec 24, 2024
Sold by
Century Realty 2013 Llc
Bought by
Liu Jia Wen and Liu Jun Jian
Seller's Agent
Hui Xin Chen
RE/MAX Edge
Buyer's Agent
Hui Xin Chen
RE/MAX Edge
List Price
$748,000
Sold Price
$665,000
Premium/Discount to List
-$83,000
-11.1%
Views
80
Current Estimated Value
$716,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,013
Avg. Annual Appreciation
12.19%
Original Mortgage
$498,000
Outstanding Balance
$495,436
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$217,095
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 Type Sale Price Title Company
Deed $677,136 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2024 12/24/24 Sold $665,000 -11.1% $502 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $748,000 -- $564 / Sq Ft
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 $187 $92,478 $15,645 $76,833
2024 $187 $92,112 $15,645 $76,467
2023 $187 $90,559 $15,645 $74,914
2022 $183 $88,067 $15,645 $72,422
2021 $183 $75,355 $15,645 $59,710
2020 $187 $84,311 $15,645 $68,666
2019 $189 $84,311 $15,645 $68,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 484256

Brooklyn Board of REALTORS®

APN: 06766-1337