NOT LISTED FOR SALE

Estimated Value: $831,000 - $1,036,000

-- Bed
3 Baths
1,088 Sq Ft
$875/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $900,000 $827 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,618/month

Highlights

  • Wood Flooring
  • 3-minute walk to Avenue U (N Line)
  • Baseboard Heating
  • P.S. 95 - The Gravesend Rated A-
  • Multiple cooling system units
  • Private Driveway

About This Home

As of August 2023

Introducing an opportunity to own a 2-family home built in 1925 located in the coveted area of Gravesend, Brooklyn. The property features a private driveway that can park up to 2 vehicles and a spacious back and front yard perfect for family activities all year round. The property features a finished full basement with high ceilings, a full bathroom, a laundry room, and its own separate entrance. The first level features 1 bedroom, a living room, a kitchen and dining room combo, and a full bathroom. The second level features 1 bedroom, a living room, a kitchen and dining room combo, and a full bathroom. The property is located conveniently located near an abundance of restaurants, supermarkets, shops, and much much more. The property is located near multiple public transportation options providing an easy commute around the city including the D and N trains. Located in a great school district zoning to PS 95.

Last Agent to Sell the Property

Xi Xian Pan

ProBase Real Estate Listed on: 06/01/2023

Last Buyer's Agent

Meiwen Li

Tiger Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1925

Lot Details

  • 1,950 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Parking

  • 1 Parking Space
  • Private Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,705

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Separate Entrance
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 544
  • Building Length: 34.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue U
  • Cross Street Name2: Avenue T
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Building Stories: 3
  • Street Name I D X: 9th
  • Street Number I D X: 2024
  • Year Built: 1925
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 1950

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Stone
  • Lot Number: 16
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 4705.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 9, 2023
Sold by
Montagna Girolamo and Montagna Giuseppe T
Bought by
Chen Joseph and Yu Amy Wenxin
Seller's Agent
Xi Xian Pan
ProBase Real Estate
Buyer's Agent
Meiwen Li
Tiger Realty
List Price
$915,000
Sold Price
$900,000
Premium/Discount to List
-$15,000
-1.64%
Views
57
Current Estimated Value
$952,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,407
Avg. Annual Appreciation
2.80%
Original Mortgage
$499,000
Outstanding Balance
$488,600
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$463,808
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
Chen Joseph $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Joseph $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $900,000 -1.6% $827 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $915,000 -- $841 / 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 $5,267 $57,120 $11,700 $45,420
2024 $5,267 $49,740 $11,700 $38,040
2023 $5,064 $56,280 $11,700 $44,580
2022 $4,720 $51,240 $11,700 $39,540
2021 $4,705 $51,240 $11,700 $39,540
2020 $3,529 $53,520 $11,700 $41,820
2019 $4,572 $51,060 $11,700 $39,360
2018 $3,938 $20,780 $4,972 $15,808
2017 $3,717 $19,704 $5,650 $14,054
2016 $3,414 $18,630 $5,521 $13,109
2015 $2,022 $18,612 $8,143 $10,469
2014 $2,022 $18,212 $7,212 $11,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474464

Brooklyn Board of REALTORS®

APN: 07096-0016