NOT LISTED FOR SALE

Estimated Value: $442,000 - $569,000

1 Bed
1 Bath
826 Sq Ft
0.34 Acres

Last Sold April 29, 2022

Last sale price $419,000 $507 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,931/month

Highlights

  • Elevator
  • 2-minute walk to Avenue P
  • Laundry Facilities
  • Is 228 David A Boody Rated A-
  • Multiple cooling system units
  • 5-minute walk to Colonel David Marcus Playground

About This Home

As of April 2022

Over 820 sqft livable space condominium in an Elevator building located in the prime of Midwood. 1 bedroom(it is easily converted to 2 bedrooms)+1 full bath. Spacious living room, formal kitchen, Dining room, and large bedroom with two big closets. The condo needs a little TLC and you can make it to your dream home. The condominium is a Pet-friendly building with a laundry room in the basement. The building is conveniently located near F and N train subway stations. Also minutes away you will find children's playgrounds and a biking path on Ocean Parkway. The building is zoned in NYC School District 20 with a low maintenance fee of $358.5 which includes water & heat, a live-in super, and building insurance. Call today, Priced to sell!

Last Agent to Sell the Property

Allan Zhu

RE/MAX Edge License #10401257062 Listed on: 12/07/2021

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,368

Year Built

  • Built in 1941

Lot Details

  • 0.34

Home Design

  • 826 Sq Ft Home
  • Entry on the 5th floor

Kitchen

  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System

Listing and Financial Details

  • Tax Block 6608

Community Details

Overview

  • 60 Units
  • Association Phone (718) 344-7312
  • 1620 East 2Nd Street Condominium Condos
  • Property managed by Newkey Realty LLC

Amenities

  • Laundry Facilities
  • Elevator
  • Secure Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,368

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 358.50
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Elevator, Laundry Area, Refrigerator, Stove
  • Fill Sq Ft Total: 826
  • Street Name I D X: 2nd
  • Waterfront Present: No
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 5
  • Pets Allowed: Yes
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1043

Utilities

  • Air Conditioning Units: 2
  • Utilities: Heat, Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Newkey Realty LLC
  • Manager Phone: 718-344-7312
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 60

Lot Info

  • Building Project Name: 1620 East 2nd Street Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3368.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Apr 28, 2022
Sold by
Helene Guttzeit As Trustee and Mandel Family Trust
Bought by
Hou Xinxian
Seller's Agent
Allan Zhu
RE/MAX Edge
Sold Price
$419,000
Current Estimated Value
$491,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,782
Avg. Annual Appreciation
4.68%
Original Mortgage
$335,200
Outstanding Balance
$315,715
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,754

Purchase Details

Closed on
Dec 1, 2009
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
Hou Xinxian $419,000 --
Hou Xinxian $419,000 --
-- $235,000 --
The Mandel Family Trust $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hou Xinxian $335,200
Closed Hou Xinxian $335,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $419,000 -- $507 / Sq Ft
12/07/2021 12/07/21 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 $4,464 $45,867 $4,740 $41,127
2024 $4,464 $42,972 $4,740 $38,232
2023 $3,091 $46,886 $4,740 $42,146
2022 $3,830 $39,472 $4,740 $34,732
2021 $3,368 $27,452 $4,740 $22,712
2020 $2,457 $29,859 $4,740 $25,119
2019 $3,303 $29,859 $4,740 $25,119
2018 $3,107 $28,169 $4,741 $23,428
2017 $2,893 $26,685 $4,741 $21,944
2016 $2,717 $22,993 $4,741 $18,252
2015 $1,275 $23,273 $4,740 $18,533
2014 $1,275 $21,021 $4,740 $16,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 457647

Brooklyn Board of REALTORS®

APN: 06608-1043