NOT LISTED FOR SALE

1978 W 12th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,274,563 - $1,500,000

5 Beds
2.5 Baths
2,240 Sq Ft
$620/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $990,000 $442 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,069/month

Highlights

  • Wood Flooring
  • 5-minute walk to 25 Avenue
  • Porch
  • P.S. 97 - The Highlawn Rated A-
  • 1 Car Detached Garage
  • Multiple cooling system units

About This Home

As of November 2018

2 Bedroom Over 1 Bedroom, With Additional Front Room W/ No Closet, Semi Attached Duplex. Eik, Dr, Lr, On Both Floors. Private Back Yard, 1 Car Det Garage. Lot's Of Space! Don't Miss Out On This Great Home!!, Additional information: Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Leo Lee

Momentum Real Estate LLC Listed on: 08/14/2018

Last Buyer's Agent

Jian An Wang

Ashford Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1935

Lot Details

  • 2,475 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Stove
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,158

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 20.00
  • 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 Families: 2
  • Parking Attributes: 1 Space, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Porch, Refrigerator, Stove
  • Fill Sq Ft Total: 2240
  • Building Stories: 2
  • Street Name I D X: 12
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1935
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2475

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 31
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 7158.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Nov 28, 2018
Sold by
Infinite Harbour Holdings Llc
Bought by
Chen Xue Ying and Weng Meizhen
Seller's Agent
Leo Lee
Momentum Real Estate LLC
Buyer's Agent
Jian An Wang
Ashford Homes LLC
Sold Price
$990,000
Current Estimated Value
$1,389,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,141
Avg. Annual Appreciation
5.02%
Original Mortgage
$490,000
Outstanding Balance
$431,700
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$957,441

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 26, 2018
Sold by
Murano Adrienne and Murano John
Bought by
Infinite Harbour Holdings Llc
Seller's Agent
Gregory Masaitis
Keller Williams Realty Elite
Buyer's Agent
Michael Meule
Compass Greater NY LLC
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
May 9, 2000
Sold by
Murano Rose
Bought by
Murano Vincent and Murano John
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
Chen Xue Ying $990,000 --
Chen Xue Ying $990,000 --
Infinite Harbour Holdings Llc $950,000 --
Infinite Harbour Holdings Llc $950,000 --
Murano Vincent -- Chicago Title Insurance Co
Murano Vincent -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xue Ying $490,000
Closed Chen Xue Ying $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Off Market $950,000 -- --
11/28/2018 11/28/18 Sold $990,000 +4.2% $442 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
06/26/2018 06/26/18 Sold $950,000 -4.9% $448 / Sq Ft View Prior Sale
05/07/2018 05/07/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $999,000 -- $471 / 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 $9,413 $78,900 $12,180 $66,720
2024 $9,413 $81,300 $12,180 $69,120
2023 $8,994 $91,980 $12,180 $79,800
2022 $8,411 $78,360 $12,180 $66,180
2021 $8,415 $60,480 $12,180 $48,300
2020 $6,311 $70,500 $12,180 $58,320
2019 $8,170 $66,360 $12,180 $54,180
2018 $7,523 $36,903 $9,805 $27,098
2017 $7,158 $35,112 $7,527 $27,585
2016 $6,661 $33,321 $8,773 $24,548
2015 $3,995 $33,316 $13,128 $20,188
2014 $3,995 $32,546 $12,825 $19,721
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

    92 Total Sales

    Leo Lee
    Section Image
  • Gregory Masaitis

    Seller's Agent in 2018

    Gregory Masaitis

    Keller Williams Realty Elite

    (516) 241-4109

    85 Total Sales

    Gregory Masaitis
    Section Image

  • J

    Buyer's Agent in 2018

    Jian An Wang

    Ashford Homes LLC

    (718) 790-3822

    2 in this area

    5 Total Sales

    Jian An Wang
    Section Image
  • Michael Meule

    Buyer's Agent in 2018

    Michael Meule

    Compass Greater NY LLC

    (516) 713-8177

    9 Total Sales

    Michael Meule
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 422809

Brooklyn Board of REALTORS®

APN: 07076-0031

New York Kings County Brooklyn 11223 Gravesend

1978 W 12th St, Brooklyn, NY

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