NOT LISTED FOR SALE

Estimated Value: $610,000 - $706,836

2 Beds
2 Baths
1,115 Sq Ft
0.39 Acres

Last Sold December 26, 2024

Last sale price $660,000 $592 Per Sq Ft

Current estimated payment $3,464/month

Highlights

  • Intercom to Front Desk
  • 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 2-bedroom, 2-bathroom unit with a balcony boasts a modern, refined design that is both fashionable and comfortable. 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 1,115 gross sqft. 933 net livable sqft with a 50 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: 10/03/2024

RE/MAX Edge

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $200

Year Built

  • Built in 2019

Lot Details

  • 0.39

Home Design

  • 1,115 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener
  • Parking Lot

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 Condominium Condos
  • Property managed by Midwood Garden Tower Condominium

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • 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

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 19th Street
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 417.00
  • Parking Attributes: Parking Area
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Elevator, Garage Door Opener(s), Refrigerator, Stove
  • Fill Sq Ft Total: 1115
  • 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: 1376

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Building Project Name: Midwood Garden Tower Condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Dec 26, 2024
Sold by
Xu Yiyang
Bought by
Mo Cuilan and Pan Cammie Yantong
Seller's Agent
Hui Xin Chen
RE/MAX Edge
Buyer's Agent
NON MEMBER
List Price
$678,000
Sold Price
$660,000
Premium/Discount to List
-$18,000
-2.65%
Views
34
Current Estimated Value
$660,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459
Avg. Annual Appreciation
0.07%
Original Mortgage
$440,000
Outstanding Balance
$436,159
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,300

Purchase Details

Closed on
Jul 3, 2019
Sold by
Century Realty 2013 Llc
Bought by
Xu Yiyang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Mo Cuilan $660,000 --
Mo Cuilan $660,000 --
Xu Yiyang $641,498 --
Xu Yiyang $641,498 --
Xu Yiyang $641,498 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mo Cuilan $440,000
Closed Mo Cuilan $440,000
Previous Owner Xu Yiyang $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2024 12/26/24 Sold $660,000 -2.7% $592 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $678,000 -- $608 / 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 $169 $83,570 $14,138 $69,432
2024 $169 $83,240 $14,138 $69,102
2023 $166 $81,836 $14,138 $67,698
2022 $165 $79,584 $14,138 $65,446
2021 $166 $68,096 $14,138 $53,958
2020 $169 $76,190 $14,138 $62,052
2019 $171 $76,190 $14,138 $62,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 486492

Brooklyn Board of REALTORS®

APN: 06766-1376