NOT LISTED FOR SALE

1971 E 29th St Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $939,000 - $1,125,000

3 Beds
2 Baths
1,785 Sq Ft
$556/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $830,000 $465 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,693/month

Highlights

  • Wood Flooring
  • Detached Garage
  • Cooling Available
  • PS 222 Katherine R Snyder Rated A
  • Porch
  • Heating System Uses Steam

About This Home

As of April 2023

LOCATED IN THE HEART OF MADISON sitting pretty on an 18 x 105 lot, this brick attached home is a 3 large bedrooms, 2 bath duplex. The home features a finished basement, community drive and detached garage. Perfectly located for transportation, shopping, restaurants and close to beautiful Marine Park. Easy access to train station and multiple buses. Zoned for PS 222 and Cunningham Middle School. This gem will not last!

Last Agent to Sell the Property

Lee Wasserman

Bergen Basin Realty LLC Listed on: 01/06/2023

Last Buyer's Agent

Lee Wasserman

Bergen Basin Realty LLC Listed on: 01/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1930

Lot Details

  • 1,855 Sq Ft Lot
  • Lot Dimensions are 105 x 18
  • Irregular Lot
  • Back and Front Yard
  • Property is zoned R4

Parking

  • Detached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,785 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7308

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 630
  • 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: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Wall, Dishwasher, Dryer, Porch, Refrigerator, Stove, Washer
  • Rooms Total Level1: 3
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1785
  • Building Stories: 2
  • Street Name I D X: 29th
  • Street Number I D X: 1971
  • Building Style: Duplex
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 1855
  • Room Count: 9
  • Total Rooms: 7

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 58
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 1855
  • Lot Size Irregular: Yes
  • Lot Size Length: 105
  • Lot Size Width: 18
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 5000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 26, 2023
Sold by
Smyth Family Trust and Smyth Trustee Mary Ellen
Bought by
Ou Jinhao
Seller's Agent
Lee Wasserman
Bergen Basin Realty LLC
Buyer's Agent
Lee Wasserman
Bergen Basin Realty LLC
List Price
$874,999
Sold Price
$830,000
Premium/Discount to List
-$44,999
-5.14%
Current Estimated Value
$992,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,596
Avg. Annual Appreciation
7.39%
Original Mortgage
$385,000
Outstanding Balance
$374,157
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$618,439

Purchase Details

Closed on
Sep 10, 2009
Sold by
Smyth Patricia A
Bought by
Mary Ellen Smyth As Trustee and The Smyth Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ou Jinhao $830,000 --
Mary Ellen Smyth As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Jinhao $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $830,000 -5.1% $465 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $874,999 -- $490 / Sq Ft
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 $5,860 $67,920 $9,180 $58,740
2024 $5,860 $57,600 $9,180 $48,420
2023 $5,983 $54,480 $9,180 $45,300
2022 $2,375 $51,480 $9,180 $42,300
2021 $2,354 $48,780 $9,180 $39,600
2020 $2,199 $50,040 $9,180 $40,860
2019 $4,989 $39,780 $9,180 $30,600
2018 $4,799 $29,655 $6,557 $23,098
2017 $4,705 $27,977 $6,267 $21,710
2016 $4,320 $26,394 $7,211 $19,183
2015 $2,785 $24,900 $10,200 $14,700
2014 $2,785 $24,900 $10,200 $14,700
Source: Public Records

Agents Affiliated with this Home

  • Lee Wasserman

    Seller's Agent in 2023

    Lee Wasserman

    Bergen Basin Realty LLC

    (516) 652-3533

    5 in this area

    105 Total Sales

    Lee Wasserman
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 470892

Brooklyn Board of REALTORS®

APN: 07308-0058

New York Kings County Brooklyn 11229 Madison

1971 E 29th St, Brooklyn, NY

This home is located at 1971 E 29th St, Brooklyn, NY 11229 since 06 January 2023 and is currently estimated at $992,596, approximately $556 per square foot. This property was built in 1930. 1971 E 29th St is a home located in Kings County with nearby schools including PS 222 Katherine R Snyder, Jhs 234 Arthur W Cunningham, and James Madison High School.

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.

Nearby Homes