NOT LISTED FOR SALE

1859 E 29 St Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $1,080,000 - $1,161,000

4 Beds
2 Baths
2,124 Sq Ft
$530/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $900,000 $424 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,619/month

Highlights

  • Porch
  • Heating System Uses Steam
  • Back and Front Yard
  • PS 222 Katherine R Snyder Rated A
  • Carpet

About This Home

As of September 2018

EXTRA WIDE SOLID BRICK LEGAL 2 FAMILY HOME IN THE HEART OF MADISON. OWNERS DUPLEX APARTMENT FEATURES FORMAL LIVING ROOM, HUGE FORMAL DINING ROOM, EAT-IN KITCHEN W/ STAINLESS STEEL APPLIANCES AND TONS OF COUNTER & CABINET SPACE. SMALL SPACE OFF KITCHEN WITH ADDITIONAL STORAGE SPACE. UPSTAIRS BOASTS 3 BEDROOMS PLUS COVERED REAR BALCONY. FULL TILE BATH WITH SEPARATE STALL SHOWER. PARQUET FLOORS THROUGHOUT. WALK-IN APARTMENT FEATURES LARGE LIVING ROOM, EAT-IN KITCHEN, BEDROOM AND FULL BATH. NEW BOILER & HOT WATER HEATER. SHARED DRIVE WITH GARAGE, GARDEN AREA AND DECK OFF KITCHEN.

Last Agent to Sell the Property

Lisa Lilker Reich

MadisonEstates Sothebys Realty Listed on: 05/21/2018

MadisonEstates Sothebys Realty

Last Buyer's Agent

Lisa Lilker Reich

MadisonEstates Sothebys Realty Listed on: 05/21/2018

MadisonEstates Sothebys Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,966

Lot Details

  • 2,310 Sq Ft Lot
  • Lot Dimensions are 22 x 105
  • Irregular Lot
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement
  • Stove
  • Washer

Flooring

  • Parquet
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6835

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,000
  • Insurance Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,966

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 42.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue R & Avenue S
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Porch, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2124
  • Building Stories: 2
  • Street Name I D X: 29
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpeting, Linoleum, Parquet
  • Lot Sq Ft: 2310

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 67
  • Roof: Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Dimensions: 22 x 105
  • Lot Size Irregular: Yes
  • Lot Size Length: 105
  • Lot Size Width: 22
  • Zoning: R3-2

Multi Family

  • Insurance Expense: 1800.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 6966.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 24, 2018
Sold by
Margot Mcdermott As Trustee
Bought by
Huang Hui Lian and Mai Huo Sheng
Seller's Agent
Lisa Lilker Reich
MadisonEstates Sothebys Realty
Buyer's Agent
Lisa Lilker Reich
MadisonEstates Sothebys Realty
Sold Price
$900,000
Current Estimated Value
$1,124,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,665
Avg. Annual Appreciation
3.12%
Original Mortgage
$581,000
Outstanding Balance
$505,623
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$619,042

Purchase Details

Closed on
Jun 20, 2013
Sold by
Mcdermott Margot
Bought by
Margot Mcdermott As Trustee and Margot Mcdermott Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang Hui Lian $900,000 --
Margot Mcdermott As Trustee -- --
Mcdermott Margot -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Hui Lian $581,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $900,000 -- $424 / Sq Ft
05/21/2018 05/21/18 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 $8,716 $71,280 $13,920 $57,360
2024 $8,716 $56,280 $13,920 $42,360
2023 $8,328 $67,500 $13,920 $53,580
2022 $6,140 $63,360 $13,920 $49,440
2021 $8,474 $54,180 $13,920 $40,260
2020 $3,974 $55,440 $13,920 $41,520
2019 $7,565 $55,440 $13,920 $41,520
2018 $5,812 $34,172 $8,809 $25,363
2017 $6,309 $34,172 $10,269 $23,903
2016 $6,043 $33,554 $11,073 $22,481
2015 $3,460 $31,656 $13,005 $18,651
2014 $3,460 $30,135 $11,433 $18,702
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa Lilker Reich

    MadisonEstates Sothebys Realty

    (718) 645-1665

    13 in this area

    47 Total Sales

    Lisa Lilker Reich
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 420426

Brooklyn Board of REALTORS®

APN: 06835-0067

New York Kings County Brooklyn 11229 Madison

1859 E 29 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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