NOT LISTED FOR SALE

Estimated Value: $394,000 - $607,000

1 Bed
1 Bath
590 Sq Ft
14,941 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $400,000 $678 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,756/month

Highlights

  • Wood Flooring
  • 2-minute walk to Avenue P
  • Resident Manager or Management On Site
  • Is 228 David A Boody Rated A-
  • Elevator
  • 5-minute walk to Colonel David Marcus Playground

About This Home

As of September 2021

A beautiful and spacious one bedroom condominium in an elevator building located in Midwood. This sun drench unit has windows in the living room, kitchen, bathroom and bedroom facing south. The bathroom has been updated too. This well maintained building has had many major updates in recent years which include the elevator, heat boiler and security cameras on every floor. The low common charge of $249 a month includes building maintenance, full time life in super, hot and cold water, heat, and building insurance. The unit also has a low property tax of $2200. This will be a great choice for anyone who is looking to downsize and reduce expenses, or great for investments. The market rent for the one bedroom in this building is around $1850.

Co-Listed By

Alexander Korotkiy

Coldwell Banker Reliable R E

Coldwell Banker Reliable R E

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1941

Lot Details

  • 0.34

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 590 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Block 6608

Community Details

Overview

  • 60 Units
  • Association Phone (718) 439-0303
  • 1620 East 2Nd Street Condominium Condos
  • Property managed by Jalen Management

Amenities

  • Laundry Facilities
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1941

Lot Details

0.34 Acres

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 118741
  • Co List Office Phone: (718) 921-3100
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 250.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Elevator, Laundry Area
  • Fill Sq Ft Total: 590
  • Street Name I D X: 2
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Entry Floor: 6
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 7501

Utilities

  • Air Conditioning Units: 0
  • Utilities: Heat, Water

Condo/Co-op/Association

  • Management Company: Jalen Management
  • Manager Phone: 718-439-0303
  • Pets Allowed: See Agent
  • Units In Building: 60

Lot Info

  • Building Project Name: 1620 East 2nd Street Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 2076.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Sep 27, 2021
Sold by
Wong Chen
Bought by
Chen Lixia and Huang Janice
Sold Price
$400,000
Current Estimated Value
$479,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,830
Avg. Annual Appreciation
4.15%
Original Mortgage
$200,000
Outstanding Balance
$182,381
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,449
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
Chen Lixia $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lixia $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $400,000 -- $678 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,102 $31,871 $3,294 $28,577
2024 $3,102 $29,860 $3,294 $26,566
2023 $2,987 $32,579 $3,294 $29,285
2022 $1,996 $27,428 $3,294 $24,134
2021 $1,445 $19,076 $3,294 $15,782
2019 $2,002 $20,747 $3,294 $17,453
2018 $1,863 $19,573 $3,294 $16,279
2017 $1,792 $18,541 $3,293 $15,248
2016 $1,584 $15,976 $3,294 $12,682
2015 $856 $16,171 $3,293 $12,878
2014 $856 $14,607 $3,294 $11,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446616

Brooklyn Board of REALTORS®

APN: 06608-1062

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