Seller's Agent in 2023
Ronald Chui
Momentum Real Estate LLC
(646) 210-2768
19 in this area
97 Total Sales
1970 71st St Brooklyn, NY 11204
Bensonhurst NeighborhoodEstimated Value: $1,412,000 - $1,654,000
8
Beds
4
Baths
2,480
Sq Ft
$624/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Multiple cooling system units
- Back and Front Yard
- P.S. 205 The Clarion School Rated A-
- Baseboard Heating
About This Home
As of June 2023Welcome to a charming and truly one of its kind semi-detached home, located in one of Brooklyn’s most sought-after neighborhoods-Bensonhurst! Situated on a quiet and tree-lined block. It was upgraded and maintained down to the smallest details with nothing overlooked. Level one consists of a large formal living room followed by a sundrenched master bedroom, a spacious full size modern kitchen and dining room area leading to three nicely sized bedrooms. Level two consists of 4 sunny and spacious bedrooms and two 3/4 bathrooms. Full basement with a laundry area and separate access from the side entrance. Updated roof, backyard fences and boilers are only one year old! Endless possibility for enjoyment with families and great rental income! This nice and quiet block can easily commute to the busy 86th St with restaurants, supermarkets and shops. Steps away from public transportation, B6, B8 and B82 Bus and D and N train to Manhattan. All javascript:__doPostBack('m_lbSubmit','')this equates to a great home that cannot be missed!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,296
Lot Details
- 2,400 Sq Ft Lot
- Lot Dimensions are 100 x 24
- Back and Front Yard
Parking
- Shared Driveway
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Siding
Interior Spaces
- 2,480 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Microwave
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Multiple cooling system units
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 6184
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2022
Closed on
Jun 16, 2023
Sold by
Tan Raymond W and Tan Wan Yu
Bought by
Feng Yongjian and Situ Ying Hua
Seller's Agent
Ronald Chui
Momentum Real Estate LLC
Buyer's Agent
Jimmy Lu
RE/MAX Edge
List Price
$1,700,000
Sold Price
$1,530,000
Premium/Discount to List
-$170,000
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,436
Avg. Annual Appreciation
0.51%
Original Mortgage
$1,071,000
Outstanding Balance
$1,044,432
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$503,004
Purchase Details
Closed on
Jun 27, 2012
Sold by
Gervasi Scott and Gervasi Jeff
Bought by
Tan Raymond W and Tan Wan Yu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2011
Sold by
Gervasi Ronald and Gervasi Scott
Bought by
Gervasi Ronald and Gervasi Scott
Purchase Details
Closed on
Oct 1, 2004
Sold by
Gervasi Jeff and Conveys Undivided Interest In Premise He
Bought by
Gervasi Jeff
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Feng Yongjian | $1,530,000 | -- | |
| Feng Yongjian | $1,530,000 | -- | |
| Tan Raymond W | $760,000 | -- | |
| Tan Raymond W | $760,000 | -- | |
| Gervasi Ronald | -- | -- | |
| Gervasi Ronald | -- | -- | |
| Gervasi Jeff | -- | -- | |
| Gervasi Jeff | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Feng Yongjian | $1,071,000 | |
| Closed | Feng Yongjian | $1,071,000 | |
| Previous Owner | Tan Raymond W | $456,000 | |
| Previous Owner | Gervasi Jeff | $50,000 | |
| Previous Owner | Gervasi Jeff | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2023 06/16/23 | Sold | $1,530,000 | -4.4% | $617 / Sq Ft |
| 01/12/2023 01/12/23 | Price Changed | $1,599,900 | -5.9% | $645 / Sq Ft |
| 12/12/2022 12/12/22 | For Sale | $1,700,000 | -- | $685 / Sq Ft |
| 12/12/2022 12/12/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $9,672 | $99,360 | $15,240 | $84,120 |
| 2024 | $9,672 | $95,400 | $15,240 | $80,160 |
| 2023 | $8,971 | $99,360 | $15,900 | $83,460 |
| 2022 | $8,296 | $85,200 | $15,900 | $69,300 |
| 2021 | $8,753 | $91,860 | $15,900 | $75,960 |
| 2020 | $4,300 | $88,500 | $15,900 | $72,600 |
| 2019 | $8,102 | $84,780 | $15,900 | $68,880 |
| 2018 | $7,444 | $37,977 | $5,973 | $32,004 |
| 2017 | $7,004 | $35,830 | $7,542 | $28,288 |
| 2016 | $6,853 | $35,830 | $8,775 | $27,055 |
| 2015 | $3,857 | $35,432 | $11,626 | $23,806 |
| 2014 | $3,857 | $33,440 | $10,305 | $23,135 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Chui
-
Kunheng Cao
K
Seller Co-Listing Agent in 2023
Kunheng Cao
Momentum Real Estate LLC
(347) 741-4849
4 in this area
30 Total Sales
-
Jimmy Lu
J
Buyer's Agent in 2023
Jimmy Lu
RE/MAX
(929) 238-8888
2 in this area
50 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 470546
APN: 06184-0034
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