NOT LISTED FOR SALE

Estimated Value: $783,000 - $1,216,000

3 Beds
1.5 Baths
1,440 Sq Ft
$663/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $730,000 $507 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,828/month

17 Days on Market

Highlights

  • Garage
  • 1-Story Property
  • 4-minute walk to Galapo playground
  • Ps 206 Joseph F Lamb Rated A-

About This Home

As of September 2023

Welcome to this First Time on the market, single family brick home in the Sheepshead Bay neighborhood of Brooklyn! This is a prime location! The house features 3 great sized bedrooms, 2 bathrooms (One Full and One 3/4), and an open concept living and dining room. The dining room peeks into a nice sized kitchen leading to the backyard and basement. The basement consists of a family room, wet bar, laundry and boiler room. Private garage plus room for a second car in the driveway. The basement has separate front and back entrances. Priced to Sell and Ready to accept offers! THE HOUSE NEEDS A LOT OF WORK! Please feel free to inquire with any questions ahead of time.

Last Agent to Sell the Property

Gennadiy Zemel

Douglas Elliman Real Estate License #10401338407 Listed on: 07/13/2023

Co-Listed By

Rebecca Goldberg

Douglas Elliman Real Estate License #10301216846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,597

Lot Details

  • 1,800

Parking

  • Garage

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Sheepshead Bay Subdivision

Listing and Financial Details

  • Tax Block 07386

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,597

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1440.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: Yes

Building Info

  • Units: 1
  • Total Stories: 1

Tax Info

  • Tax Block: 07386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 29, 2023
Sold by
Anne Timberman As Administrator and Estate Of Michael Timberman
Bought by
Li Yuelian and Yao Jieyi
Seller's Agent
Gennadiy Zemel
Douglas Elliman Real Estate
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%
Views
126
Current Estimated Value
$955,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,260
Avg. Annual Appreciation
14.95%
Original Mortgage
$380,000
Outstanding Balance
$372,955
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$582,305

Purchase Details

Closed on
Aug 15, 2000
Sold by
Samuels Bessie M
Bought by
Timberman Michael V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Li Yuelian $730,000 --
Timberman Michael V $270,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yuelian $380,000
Previous Owner Timberman Michael $13,500
Previous Owner Timberman Michael $0
Previous Owner Timberman Michael V $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $730,000 +4.4% $507 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $699,000 -- $485 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,597 $56,820 $10,140 $46,680
2024 $7,597 $58,380 $10,140 $48,240
2023 $7,403 $54,780 $10,140 $44,640
2022 $6,865 $54,000 $10,140 $43,860
2021 $6,828 $52,560 $10,140 $42,420
2020 $5,121 $48,840 $10,140 $38,700
2019 $6,300 $48,840 $10,140 $38,700
2018 $5,895 $30,378 $6,607 $23,771
2017 $5,542 $28,659 $7,154 $21,505
2016 $5,095 $27,038 $7,140 $19,898
2015 $3,041 $27,038 $10,066 $16,972
2014 $3,041 $26,265 $9,778 $16,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10894075

Real Estate Board of New York (REBNY)

APN: 07386-0007