NOT LISTED FOR SALE

Estimated Value: $883,000 - $1,009,000

5 Beds
3 Baths
2,091 Sq Ft
$462/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $900,000 $430 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,702/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • 3 Car Detached Garage
  • Community Storage Space

About This Home

As of May 2023

This beautiful attached multi-family house located in Sheepshead/Marine Park is approximately 2,091 square feet in size, providing ample space for comfortable living. The spacious property boasts a total of 5 bedrooms and 3 bathrooms spread over two levels and a walk-in. The first floor and walk-in level offer 3 bedrooms, 2 full bathrooms, a kitchen, a generous living room, a dining area, and also a boiler room, ensuring efficient and consistent heating throughout the home. The second floor provides 2 bedrooms, a kitchen, a living room, and a full bathroom. The property is also fitted with a double garage, accessible via a community drive, providing ample parking space for up to 3 vehicles. There is a fenced backyard perfect for relaxing and outdoor activities. The exterior of the house features a charming brick façade, ensuring a warm and welcoming feel from the moment you arrive. Convenient location beside Marine Park sports fields, business districts with plenty of stores, banks, supermarkets, and restaurants. Building size 18*42 over Lot size 18*100. Annual property tax of $7720. Nearby public transits include B2, B3, B31, B44, B100, and the BM4 bus to Manhattan and Q train.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 03/03/2023

RE/MAX Edge

Last Buyer's Agent

Jimmy Lu

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,720

Lot Details

  • 1,767 Sq Ft Lot
  • Lot Dimensions are 100 x 18
  • Back Yard

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof

Interior Spaces

  • 2,091 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Community Storage Space
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 7340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,720

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Borough: Brooklyn
  • Building Length: 42.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave T
  • Cross Street Name2: Ave U
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Detached Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 2091
  • Building Stories: 2
  • Street Name I D X: Coyle
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1767

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 67
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 18

Tax Info

  • Flip Tax Amount: 7720.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 31, 2023
Sold by
Varrone Charles
Bought by
Lin Huiyi and Zhang Suyao
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Jimmy Lu
RE/MAX Edge
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%
Current Estimated Value
$965,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,256
Avg. Annual Appreciation
2.73%
Original Mortgage
$585,000
Outstanding Balance
$569,357
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,899

Purchase Details

Closed on
Dec 8, 1998
Sold by
Long James
Bought by
Varrone Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Huiyi $900,000 --
Varrone Charles -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Huiyi $585,000
Previous Owner Varrone Charles $130,000
Closed Varrone Charles $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $900,000 -5.2% $430 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $949,000 -- $454 / 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 $7,916 $56,820 $10,260 $46,560
2024 $7,916 $48,780 $10,260 $38,520
2023 $7,721 $54,000 $10,260 $43,740
2022 $7,721 $48,240 $10,260 $37,980
2021 $7,597 $52,920 $10,260 $42,660
2020 $5,698 $52,380 $10,260 $42,120
2019 $6,871 $48,660 $10,260 $38,400
2018 $6,459 $31,683 $8,452 $23,231
2017 $6,459 $31,683 $7,147 $24,536
2016 $5,882 $30,082 $8,838 $21,244
2015 $3,605 $28,380 $11,400 $16,980
2014 $3,605 $27,370 $10,994 $16,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472143

Brooklyn Board of REALTORS®

APN: 07340-0067