NOT LISTED FOR SALE

Estimated Value: $990,000 - $1,018,416

5 Beds
3 Baths
2,280 Sq Ft
$440/Sq Ft Est. Value

Sale Details

Date Sold: December 24, 2024

Last sale price $990,000 $434 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,066 / mo

About This Home

Welcome to this charming single-family home in the desirable Madison/Sheepshead Bay neighborhood. This spacious corner property offers a duplex over a unit.
The first floor of the duplex features a bright and inviting living room, a well-appointed kitchen, a dining area, and 1 convenient half-bathroom. You can easily access the porch and backyard from here, ideal for outdoor entertaining and relaxation.
The second floor boasts 4 generously sized bedrooms and 1 full bathroom, providing ample space for a big family.
Enjoy the outdoor space with a backyard perfect for gardening, barbecues, or simply unwinding after a long day. Additionally, the property includes a detached garage, providing convenient and secure parking. There are 2 gas meters and 2 electric meters.
Building Size 20x40 over lot size 28x100. Annual property tax $8,520.
Situated just minutes away from the Avenue U shopping district, you'll have easy access to a variety of shops, restaurants, and amenities. Public transportation is also conveniently accessible, with the B44, B3, B31, BM4 buses, and the Q and B trains nearby. This property is an excellent opportunity for homeowners and investors alike.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Dec 23, 2024
Sold by
Wong Alfie
Bought by
Lin Andy Xiang and Yang Xiao
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Jimmy Lu
RE/MAX Edge
List Price
$1,150,000
Sold Price
$990,000
Premium/Discount to List
-$160,000
-13.91%
Views
46
Current Estimated Value
$1,002,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,354
Avg. Annual Appreciation
0.99%
Original Mortgage
$693,000
Outstanding Balance
$686,950
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,404

Purchase Details

Closed on
Feb 14, 2019
Sold by
Cheng Wong So Fong and Wong Alfie
Bought by
Wong Alfie

Purchase Details

Closed on
Jul 30, 2003
Sold by
Shetrit Dani
Bought by
Wong Alfie and Wong Kai Shing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1997
Sold by
Misseri Katherine
Bought by
Shetrit Dani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,800
Interest Rate
7.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Andy Xiang $990,000 --
Lin Andy Xiang $990,000 --
Wong Alfie -- --
Wong Alfie -- --
Wong Alfie -- --
Wong Alfie $450,500 --
Wong Alfie $450,500 --
Shetrit Dani $233,500 --
Shetrit Dani $233,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Andy Xiang $693,000
Closed Lin Andy Xiang $693,000
Previous Owner Wong Alfie $150,000
Previous Owner Shetrit Dani $186,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/24/2024 12/24/24 Sold $990,000 -13.9% $434 / Sq Ft View Prior Sale
08/20/2024 08/20/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $1,150,000 -- $504 / Sq Ft

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 $8,520 $62,460 $10,560 $51,900
2024 $8,520 $60,360 $10,560 $49,800
2023 $8,456 $72,900 $10,560 $62,340
2022 $7,526 $66,660 $10,560 $56,100
2021 $7,843 $64,380 $10,560 $53,820
2020 $5,612 $47,700 $10,560 $37,140
2019 $7,395 $47,700 $10,560 $37,140
2018 $7,152 $35,086 $6,993 $28,093
2017 $6,747 $33,100 $7,625 $25,475
2016 $6,243 $31,227 $8,289 $22,938
2015 $4,235 $29,460 $11,700 $17,760
2014 $4,235 $29,460 $11,700 $17,760
Source: Public Records

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