NOT LISTED FOR SALE

Estimated Value: $905,000 - $1,143,000

3 Beds
3 Baths
1,536 Sq Ft
$655/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $853,000 $555 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,819/month

Highlights

  • Deck
  • 4-minute walk to Avenue U (N Line)
  • Brick Front
  • P.S. 97 - The Highlawn Rated A-
  • Wood Flooring
  • Multiple cooling system units

About This Home

As of August 2021

Great opportunity to own a Two(2) Family semi-detached home in great condition with front carport in the heart of Gravesend. This home features a one(1) bedroom apartment over two(2) bedroom apartment over full finished basement with entrance from the backyard. There are many updates that have been done over the years. It is surrounded by everything you would need: N train/B3/B82 public transportation, restaurant, supermarket, deli, park, school, library, and much more to mention. Annual property tax: $5,246. It will be delivered vacant at closing.

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 05/06/2021

RE/MAX Edge

Last Buyer's Agent

Jinchen Chen

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1930

Lot Details

  • 1,609 Sq Ft Lot
  • Lot Dimensions are 82 x 19
  • Back and Front Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Deck

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,277

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 1
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 672
  • Building Length: 42.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue S
  • Cross Street Name2: Avenue T
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Deck, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Rooms Total Level1: 4
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1536
  • Building Stories: 2
  • Street Name I D X: 8
  • Street Number I D X: 1931
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1609
  • Total Rooms: 7

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Brick Face, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 75
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 4
  • Electric: 110 V, 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 82
  • Lot Size Width: 19
  • Zoning: R5B

Tax Info

  • Flip Tax Amount: 5277.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Aug 3, 2021
Sold by
Chow Gary and Chow Man Chun
Bought by
Wang Cheng Fa and Wu Xueyun
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jinchen Chen
Momentum Real Estate LLC
Sold Price
$853,000
Current Estimated Value
$1,006,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,764
Avg. Annual Appreciation
4.02%
Original Mortgage
$511,800
Outstanding Balance
$465,385
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$541,379

Purchase Details

Closed on
Sep 15, 2014
Sold by
Bik Fong Choi Living Trust Dated Februar
Bought by
Chow Gary and Chow Man Chun

Purchase Details

Closed on
Jan 18, 2013
Sold by
Choi Bik Fong
Bought by
Bik Fong Choi Living Trust Dated /2

Purchase Details

Closed on
Oct 2, 2012
Sold by
Choi Roger
Bought by
Choi Bik Fong

Purchase Details

Closed on
Apr 20, 2005
Sold by
Hui Suk Ping
Bought by
Choi Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1998
Sold by
Guttilla Thomas
Bought by
Hui Woon Tsang and Hui Suk Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.78%
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
Wang Cheng Fa $853,000 --
Chow Gary $420,000 --
Bik Fong Choi Living Trust Dated /2 $18,000 --
Choi Bik Fong -- --
Choi Roger $390,000 --
Hui Woon Tsang $178,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Cheng Fa $511,800
Previous Owner Choi Roger $280,000
Previous Owner Hui Woon Tsang $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $853,000 -- $555 / Sq Ft
05/06/2021 05/06/21 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 $5,785 $61,140 $9,840 $51,300
2024 $5,785 $54,780 $9,840 $44,940
2023 $5,588 $57,780 $9,840 $47,940
2022 $5,235 $51,180 $9,840 $41,340
2021 $5,218 $43,980 $9,840 $34,140
2020 $5,277 $45,300 $9,840 $35,460
2019 $5,021 $45,300 $9,840 $35,460
2018 $4,674 $22,929 $4,487 $18,442
2017 $4,455 $21,854 $5,172 $16,682
2016 $4,154 $20,780 $5,587 $15,193
2015 $2,487 $20,775 $6,355 $14,420
2014 $2,487 $20,004 $7,340 $12,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450847

Brooklyn Board of REALTORS®

APN: 07081-0075