NOT LISTED FOR SALE

1975 W 7th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,270,000 - $1,607,000

6 Beds
2 Baths
1,200 Sq Ft
$1,170/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $1,300,000 $1,083 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,153/month

About This Home

As of June 2018

A beautiful two family semi-detached home in Gravesend. The building is 20x50 on a 24x100 lot. R4-1 zoning. Built in the year of 1925. The house features 3 bedroom, a full bath, with a kitchen, dining room, and a living room in each 1st and 2nd floor. Finished basement. Conveniently located near the N train and locations for eatery. MOTIVATED SELLER AND HIGHLY COOPERATIVE LISTING AGENT!!!

Last Agent to Sell the Property

Leo Lee

Momentum Real Estate LLC Listed on: 01/10/2018

Co-Listed By

Jun Le Wu

Momentum Real Estate LLC

Last Buyer's Agent

Xi Xian Pan

ProBase Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1925

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 100 x 24

Parking

  • Shared Driveway

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,387

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1200
  • Building Length: 60.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • 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: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 6
  • Rooms Total Level2: 6
  • Fill Sq Ft Total: 1200
  • Building Stories: 2
  • Street Name I D X: 7
  • Street Number I D X: 1975
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Other
  • Lot Sq Ft: 2400
  • Total Rooms: 12

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 59
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 2387.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Jun 18, 2018
Sold by
Mione Anna and Mione Giovanni
Bought by
Chen Xue Fen and Lin Jian Chang
Seller's Agent
Leo Lee
Momentum Real Estate LLC
Buyer's Agent
Xi Xian Pan
ProBase Real Estate
Sold Price
$1,300,000
Current Estimated Value
$1,403,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,533
Avg. Annual Appreciation
1.05%
Original Mortgage
$650,000
Outstanding Balance
$563,400
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$840,134
Source: Public Records

Range of Values:

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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
Chen Xue Fen $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xue Fen $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $1,300,000 -- $1,083 / Sq Ft
01/10/2018 01/10/18 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 $8,549 $84,180 $15,660 $68,520
2024 $8,549 $82,020 $15,660 $66,360
2023 $8,208 $80,940 $15,660 $65,280
2022 $7,638 $82,920 $15,660 $67,260
2021 $7,601 $67,920 $15,660 $52,260
2020 $5,700 $77,400 $15,660 $61,740
2019 $7,420 $77,400 $15,660 $61,740
2018 $2,774 $33,679 $7,657 $26,022
2017 $2,604 $31,886 $8,364 $23,522
2016 $2,387 $30,097 $8,718 $21,379
2015 $1,375 $30,081 $9,607 $20,474
2014 $1,375 $29,559 $10,505 $19,054
Source: Public Records

Agents Affiliated with this Home

  • Leo Lee

    Seller's Agent in 2018

    Leo Lee

    Momentum Real Estate LLC

    (917) 539-9396

    26 in this area

    93 Total Sales

    Leo Lee
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jun Le Wu

    Momentum Real Estate LLC

    (718) 382-0001

    8 in this area

    21 Total Sales

    Jun Le Wu
    Section Image

  • X

    Buyer's Agent in 2018

    Xi Xian Pan

    ProBase Real Estate

    (347) 384-0505

    9 in this area

    67 Total Sales

    Xi Xian Pan
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 417015

Brooklyn Board of REALTORS®

APN: 07082-0059

New York Kings County Brooklyn 11223 Gravesend

1975 W 7th St, Brooklyn, NY

This home is located at 1975 W 7th St, Brooklyn, NY 11223 since 10 January 2018 and is currently estimated at $1,403,533, approximately $1,169 per square foot. This property was built in 1925. 1975 W 7th St is a home located in Kings County with nearby schools including P.S. 215 Morris H Weiss, Is 228 David A Boody, and Coney Island Preparatory Public Charter School.

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