NOT LISTED FOR SALE

1981 W 7th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,281,000 - $1,582,000

6 Beds
2 Baths
1,200 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $1,230,000 $1,025 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,314/month

Highlights

  • Wood Flooring
  • 1-minute walk to Avenue U (N Line)
  • Back and Front Yard
  • P.S. 215 Morris H Weiss Rated A-

About This Home

As of October 2018

Presenting West 7th St, a beautiful two family home in Gravesend. The building is 20x60 on a 25x100 lot. R4-1 zoning. Built in the year of 1926. The house features 3 bedroom, a full bath, with a kitchen, dining room, and a living room in each floor. House is in good condition with a finished basement and possible for full possession. Conveniently located near the N train and locations for eatery. MOTIVATED SELLER AND HIGHLY CO-OPERATIVE LISTING AGENT!!!

Last Agent to Sell the Property

Jun Le Wu

Momentum Real Estate LLC Listed on: 11/29/2017

Last Buyer's Agent

Minnie Lin

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,661

Year Built

  • Built in 1926

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Vinyl Siding
  • Siding

Interior Spaces

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,661

Year Built

Built in 1926

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
  • 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: 2 Spaces
  • 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: 1981
  • Year Built: 1926
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 2500
  • Total Rooms: 12

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Siding, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 57
  • Roof: Pitched

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: 25
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 6661.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Oct 31, 2018
Sold by
Mione Domenico and Peng Liu Ying
Bought by
Huang Abby Bihua and Lin Steven
Seller's Agent
Jun Le Wu
Momentum Real Estate LLC
Buyer's Agent
Minnie Lin
Momentum Real Estate LLC
Sold Price
$1,230,000
Current Estimated Value
$1,428,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,425
Avg. Annual Appreciation
2.17%
Original Mortgage
$780,000
Outstanding Balance
$684,451
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$743,974

Purchase Details

Closed on
Feb 28, 2018
Sold by
Peng Liu Ying
Bought by
Mione Domenico and Peng Liu Ying

Purchase Details

Closed on
Oct 17, 2017
Sold by
Mione Domenico and Peng Liu Ying
Bought by
Peng Liu Ying

Purchase Details

Closed on
Oct 18, 2006
Sold by
Peng Liu Ying
Bought by
Mione Domenico and Peng Liu Ying

Purchase Details

Closed on
May 23, 2006
Sold by
Pipitone Maria
Bought by
Peng Liu Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,600
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
Huang Abby Bihua $1,230,000 --
Huang Abby Bihua $1,230,000 --
Mione Domenico -- --
Mione Domenico -- --
Peng Liu Ying -- --
Peng Liu Ying -- --
Mione Domenico -- --
Mione Domenico -- --
Peng Liu Ying $567,000 --
Peng Liu Ying $567,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Abby Bihua $780,000
Closed Huang Abby Bihua $780,000
Previous Owner Peng Liu Ying $453,600
Closed Mione Domenico $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $1,230,000 -- $1,025 / Sq Ft
11/29/2017 11/29/17 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 $8,894 $86,460 $15,120 $71,340
2024 $8,894 $79,080 $15,120 $63,960
2023 $8,557 $84,960 $15,120 $69,840
2022 $7,982 $86,880 $15,120 $71,760
2021 $7,963 $77,100 $15,120 $61,980
2020 $3,861 $79,020 $15,120 $63,900
2019 $7,720 $79,500 $15,120 $64,380
2018 $7,158 $35,112 $7,588 $27,524
2017 $6,792 $33,321 $7,826 $25,495
2016 $6,303 $31,530 $8,760 $22,770
2015 $3,572 $30,753 $8,877 $21,876
2014 $3,572 $30,753 $10,227 $20,526
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's 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
  • Minnie Lin

    Buyer's Agent in 2018

    Minnie Lin

    Momentum Real Estate LLC

    (917) 330-0628

    42 in this area

    282 Total Sales

    Minnie Lin
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 416405

Brooklyn Board of REALTORS®

APN: 07082-0057

New York Kings County Brooklyn 11223 Gravesend

1981 W 7th St, Brooklyn, NY

This home is located at 1981 W 7th St, Brooklyn, NY 11223 since 29 November 2017 and is currently estimated at $1,428,425, approximately $1,190 per square foot. This property was built in 1926. 1981 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 Hebrew Language Academy Charter 2.

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.

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