NOT LISTED FOR SALE

Estimated Value: $625,246

2 Beds
2 Baths
933 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: December 24, 2024

Last sale price $525,000 $563 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,332 / mo

Highlights

  • Elevator
  • Resident Manager or Management On Site
  • Laundry Facilities
  • 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 2-bedroom, 2-bathroom unit with huge roof Terrace 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 bike storage, and a welcoming lobby. This apartment offers 1,291 gross sqft. 933 net livinable sqft with a 358 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
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $200

Year Built

  • Built in 2019

Lot Details

  • 0.39

Parking

  • 1 Parking Space

Home Design

  • 933 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Stove
  • 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 CONOMINIUM

Amenities

  • Laundry Facilities
  • Elevator
  • Bike Room

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$200

Year Built

Built in 2019

Lot Details

0.39 Acres

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave P
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 417.00
  • Parking Attributes: 1 Space, Other
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Elevator, Refrigerator, Stove
  • Fill Sq Ft Total: 933
  • Street Name I D X: 19th
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Floor: 7
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1302

Utilities

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

Condo/Co-op/Association

  • Management Company: MIDWOOD GARDEN TOWER CONOMINIUM
  • 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: 200.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Dec 24, 2024
Sold by
Bought by
Seller's Agent
Hui Xin Chen
RE/MAX Edge
Buyer's Agent
Hui Xin Chen
RE/MAX Edge
List Price
$695,000
Sold Price
$525,000
Premium/Discount to List
-$170,000
-24.46%
Views
25
Current Estimated Value
$625,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,246
Avg. Annual Appreciation
11.54%
Original Mortgage
$472,500
Outstanding Balance
$464,860
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,386
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$534,581 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $472,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/24/2024 12/24/24 Sold $525,000 -24.5% $563 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $695,000 -- $745 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $168 $91,480 $14,063 $77,417
2025 $168 $83,128 $14,063 $69,065
2024 $168 $82,799 $14,063 $68,736
2023 $168 $81,402 $14,063 $67,339
2022 $164 $79,162 $14,063 $65,099
2021 $165 $67,735 $14,063 $53,672
2020 $168 $75,786 $14,063 $61,723
2019 $170 $75,786 $14,063 $61,723
Source: Public Records

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 484258

Brooklyn Board of REALTORS®

APN: 06766-1366

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