NOT LISTED FOR SALE

1621 W 7th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,388,000 - $1,934,636

3 Beds
1 Bath
1,344 Sq Ft
$1,260/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $720,000 $536 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $10,095/month

Highlights

  • Private Driveway
  • 5-minute walk to Kings Highway (N Line)
  • Back and Front Yard
  • James Madison High School Rated A-

About This Home

As of September 2018

Detached single family house on 20X100 lot and 1623 West 7 st vacant land 20X100. Building 14X52. 3 bedrooms duplex with large living room and huge eat-in kitchen. Shared driveway and garage. Near N train, school and shopping.

Last Agent to Sell the Property

Jein Riun Liang

RE/MAX Real Estate Professionals License #10401205443 Listed on: 06/08/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Jein Riun Liang

RE/MAX Real Estate Professionals License #10401205443 Listed on: 06/08/2018

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,694

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard
  • Property is zoned R4-1

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Stove
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • 220 Volts
  • 110 Volts

Listing and Financial Details

  • Tax Block 6625

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,694

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Building Length: 45.00
  • Building Width: 14.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Cross Street Name2: Kings Hwy
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Fill Sq Ft Total: 1344
  • Building Stories: 2
  • Street Name I D X: 7
  • Building Style: Duplex - Up/Down
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 70
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 5694.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Sep 26, 2018
Sold by
Chen Qun
Bought by
Wong Yvette W Y
Seller's Agent
Jein Riun Liang
RE/MAX Real Estate Professionals
Buyer's Agent
Jein Riun Liang
RE/MAX Real Estate Professionals
Sold Price
$720,000
Current Estimated Value
$1,693,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$973,159
Avg. Annual Appreciation
12.84%
Original Mortgage
$370,000
Outstanding Balance
$322,662
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,370,497

Purchase Details

Closed on
Oct 14, 2016
Sold by
Lanni Patricia and Russo Jack
Bought by
Chen Qun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Russo Rose
Bought by
Lanni Patricia and Russo Jack
Source: Public Records

Range of Values:

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Average Value
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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
Wong Yvette W Y $720,000 --
Wong Yvette W Y $720,000 --
Chen Qun $650,000 --
Chen Qun $650,000 --
Lanni Patricia -- --
Lanni Patricia -- --
Lanni Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Yvette W Y $370,000
Closed Wong Yvette W Y $370,000
Previous Owner Chen Qun $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $720,000 -- $536 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
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 $14,584 $92,460 $35,700 $56,760
2024 $14,584 $73,020 $35,700 $37,320
2023 $14,747 $80,100 $35,700 $44,400
2022 $10,314 $78,240 $35,700 $42,540
2021 $10,267 $72,720 $35,700 $37,020
2020 $6,298 $72,660 $35,700 $36,960
2019 $7,889 $72,660 $35,700 $36,960
2018 $1,217 $5,971 $5,971 $0
2017 $1,207 $5,922 $5,922 $0
2016 $1,117 $5,588 $5,588 $0
2015 $674 $5,272 $5,272 $0
2014 $674 $4,976 $4,976 $0
Source: Public Records

Agents Affiliated with this Home

  • Jein Riun Liang

    Seller's Agent in 2018

    Jein Riun Liang

    RE/MAX

    (718) 838-8235

    6 in this area

    32 Total Sales

    Jein Riun Liang
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 420787

Brooklyn Board of REALTORS®

APN: 06625-0069

New York Kings County Brooklyn 11223 Gravesend

1621 W 7th St, Brooklyn, NY

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