NOT LISTED FOR SALE

1696 E 56th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $711,000 - $825,673

Studio
2 Baths
1,610 Sq Ft
$478/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2021

Last sale price $625,000 $388 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,575 / mo

Highlights

  • Attached Garage
  • Hot Water Heating System
  • Back Yard
  • Ps 207 Elizabeth G Leary Rated A-
  • Private Driveway

About This Home

As of November 2021

Old Mill Basin! Legal 2 family attached brick. 2 Bdr over 1 Bdr, built in Garage, Yard

Last Agent to Sell the Property

Philip MacDonald

Listed on: 05/17/2021

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1940

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Parking

  • Attached Garage
  • Private Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Stove
  • 2 Full Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 8516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

Built in 1940

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Fillmore Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Street Name I D X: 56th
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 5166.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Nov 16, 2021
Sold by
Gildersleeve Edward
Bought by
Jiang Xiuyan and Zhang Sheng
Seller's Agent
Philip MacDonald
Buyer's Agent
Jason Zhou
RE/MAX Edge
Sold Price
$625,000
Current Estimated Value
$769,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,418
Avg. Annual Appreciation
4.76%
Original Mortgage
$445,000
Outstanding Balance
$402,359
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$367,059
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
Jiang Xiuyan $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Xiuyan $445,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $625,000 -- $388 / Sq Ft
05/17/2021 05/17/21 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
2026 $5,952 $44,400 $10,380 $34,020
2025 $5,952 $45,240 $10,380 $34,860
2024 $5,952 $38,040 $10,380 $27,660
2023 $5,973 $43,680 $10,380 $33,300
2022 $5,539 $41,340 $10,380 $30,960
2021 $5,509 $39,060 $10,380 $28,680
2019 $5,166 $26,340 $10,380 $15,960
2018 $4,996 $24,509 $7,823 $16,686
2017 $4,713 $23,122 $8,114 $15,008
2016 $4,361 $21,814 $8,151 $13,663
2015 $3,293 $20,580 $9,000 $11,580
2014 $3,293 $20,580 $9,000 $11,580
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Philip MacDonald

  • Jason Zhou

    Buyer's Agent in 2021

    Jason Zhou

    RE/MAX Edge

    (347) 988-5318

    2 in this area

    231 Total Sales

    Jason Zhou
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 451154

Brooklyn Board of REALTORS®

APN: 08516-0031

New York Kings County Brooklyn 11234 Flatlands

1696 E 56th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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