NOT LISTED FOR SALE

Estimated Value: $1,209,725 - $1,371,000

5 Beds
3 Baths
2,425 Sq Ft
$533/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $1,240,000 $511 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,567/month

17 Days on Market

Highlights

  • Pre War Building
  • Garage
  • 1-minute walk to Galapo playground
  • Community Garden

About This Home

As of May 2022

A jewel of a home located in the heart of the family-friendly Homecrest neighborhood of Sheepshead Bay. This large semi-detached, brick two-family home with 2 car garage is ideal for family living or earning an income. The first floor unit is sunny and spacious with 2 bedrooms, living room, eat-in-kitchen, plenty of closet space and a full bathroom with separate tub and shower. The second floor unit boasts 3 bedrooms each with great closet space. Living room and eat-in-kitchen. High ceilings and direct sunlight bring joy to each and every room. The home has both front and back stairs with easy access to the basement and the backyard from both units. The vintage finished basement has great potential with its 3 family rooms, bathroom, full plumbing and a utilities room. Gas Heat Shared driveway with a 2 car garage and a sizable backyard and side garden. Conveniently located near transportation B3, B49 and a short distance to the B and Q trains, playground and park. A must see! Needs TLC..

Last Agent to Sell the Property

Alexandra Reddish

Compass License #30RE0791871 Listed on: 03/12/2022

Compass

Co-Listed By

Madeleine Gallagher

Compass License #10401230234

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 25.0 x 100.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2,425 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Sheepshead Bay Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 12 / 7382

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Avenue V/Avenue W
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2425.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1930

Tax Info

  • Tax Block: 7382
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 4, 2022
Sold by
Estate Of Etta Barkus
Bought by
Huang Jia Ming
Seller's Agent
Alexandra Reddish
Compass
List Price
$1,320,000
Sold Price
$1,240,000
Premium/Discount to List
-$80,000
-6.06%
Current Estimated Value
$1,293,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,431
Avg. Annual Appreciation
1.16%
Original Mortgage
$400,000
Outstanding Balance
$379,476
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$913,955
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
Huang Jia Ming $1,240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Jia Ming $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2022 05/04/22 Sold $1,240,000 -6.1% $511 / Sq Ft
03/12/2022 03/12/22 For Sale $1,320,000 -- $544 / 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 $9,718 $77,280 $11,280 $66,000
2024 $9,718 $79,440 $11,280 $68,160
2023 $9,752 $87,360 $11,280 $76,080
2022 $7,925 $74,400 $11,280 $63,120
2021 $8,286 $68,640 $11,280 $57,360
2020 $8,286 $57,660 $11,280 $46,380
2019 $7,776 $57,660 $11,280 $46,380
2018 $7,498 $40,017 $8,657 $31,360
2017 $7,050 $37,752 $8,111 $29,641
2016 $6,499 $35,616 $8,857 $26,759
2015 $3,882 $33,600 $12,540 $21,060
2014 $3,882 $33,600 $12,540 $21,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10776632

Real Estate Board of New York (REBNY)

APN: 07382-0012