NOT LISTED FOR SALE

Estimated Value: $877,000 - $1,307,000

4 Beds
3 Baths
1,785 Sq Ft
$569/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $850,000 $476 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,932/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • PS 222 Katherine R Snyder Rated A
  • Cooling Available
  • Community Storage Space

About This Home

As of May 2021

Beautiful two family solid brick home in Madison/Sheepshead Bay area, it is located on a very quiet block. The Walk-In unit features living room, 2 bedrooms, kitchen and a full bath which is renting for $1,000 with lease, very good tenant, private front and rear entrance. The sellers are enjoying the duplex unit, first floor features large living room, dining room and kitchen , top floor features a oversize master bedroom and two bedrooms, full bath. Community driveway with detached garage. Walking distance to Avenue U business district, closes to B/Q train. In excellent condition, hardwood floor though. It must to be to seen to appreciated. Welcome all serious buyers, investors, good possibility for full possessions, won't last long.
UPDATED ON 01-22-2021.

Last Agent to Sell the Property

Yao Wen Mai

Listed on: 01/18/2021

Last Buyer's Agent

Yao Wen Mai

Listed on: 01/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 1930

Lot Details

  • 1,750 Sq Ft Lot
  • Lot Dimensions are 100 x 18
  • Front Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,785 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7307

Community Details

Building Details

  • 1 Vacant Unit
  • Gross Income $12,000

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,477

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 35.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue S
  • Cross Street Name2: Avenue T
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 1
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 1785
  • Building Stories: 3
  • Street Name I D X: 29
  • Building Style: Duplex
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 1750

Exterior Features

  • Yard: Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 32
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Electric, Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 18
  • Zoning: R4

Multi Family

  • Annual Gross Income: 12000
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 6477.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 14, 2021
Sold by
Chan Ying Kum and Zheng Wei Ping
Bought by
Xie Shun Dian and Xie Tiffany Ruifen
Seller's Agent
Yao Wen Mai
Buyer's Agent
Yao Wen Mai
Sold Price
$850,000
Current Estimated Value
$1,014,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,946
Avg. Annual Appreciation
3.90%
Original Mortgage
$595,000
Outstanding Balance
$537,524
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,422
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
Xie Shun Dian $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Shun Dian $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $850,000 -- $476 / Sq Ft
01/18/2021 01/18/21 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 $7,375 $59,580 $9,900 $49,680
2024 $7,375 $53,400 $9,900 $43,500
2023 $7,401 $55,860 $9,900 $45,960
2022 $6,863 $49,380 $9,900 $39,480
2021 $6,789 $47,460 $9,900 $37,560
2020 $6,477 $45,720 $9,900 $35,820
2019 $6,401 $45,720 $9,900 $35,820
2018 $6,191 $30,370 $6,559 $23,811
2017 $5,840 $28,651 $7,014 $21,637
2016 $5,404 $27,030 $7,770 $19,260
2015 $3,499 $25,500 $10,980 $14,520
2014 $3,499 $25,500 $10,980 $14,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446809

Brooklyn Board of REALTORS®

APN: 07307-0033