NOT LISTED FOR SALE

Estimated Value: $850,631 - $1,052,000

2 Beds
2 Baths
1,679 Sq Ft
$552/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $850,000 $506 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,429/month

Highlights

  • Deck
  • Terrace
  • Multiple cooling system units
  • Wood Flooring
  • 2 Car Attached Garage
  • 5-minute walk to Galapo playground

About This Home

As of May 2022

Amazing legal two family Brick home located in the prime Sheepshead Bay neighborhood. The whole house has been completely renovated from top to bottom in recent years. which features New pluming, new electricity, new windows, new kitchens, bathrooms, new spilt A/C and New hardwood floor throughout the house. Entering into the 1st floor that flows from a spacious and bright living room. The kitchen features Custom cabinets, granite countertops and stainless steel appliances. Dining area leading to a furnished Patio for your relaxation and entertaining . access to the back yard. The second floor features 2 spacious bedroom with closets and a full bath room. The ground floor is legal one family which features nice open kitchen and full bath room. separated front and back entrance. Laundry room, Gas boiler and water heater. Attached garage and private drive way can park 2 cars. Close to all shopping & Transportation!! Access to the B44, B36, B3 and Q train. Amenities include quick and easy access to the multitude of amenities along Ave U. Convenient to all. Don’t miss the amazing opportunity to own this property.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 02/28/2022

RE/MAX Edge

Last Buyer's Agent

Madeline Chiu

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1940

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 100 x 16
  • Back Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,679 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Multiple cooling system units
  • Split Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7386

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,850

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Separate Entrance, Walk-in
  • Total Bathrooms: 2.00
  • Borough: Brooklyn
  • Building Length: 36.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue V
  • Cross Street Name2: Avenue W
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Attached Garage, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Deck, Dishwasher, Dryer, Laundry Area, Refrigerator, Stove, Terrace, Washer
  • Fill Sq Ft Total: 1679
  • Building Stories: 2
  • Street Name I D X: 29th
  • Building Style: Duplex
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 15
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 4
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 16
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 5850.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 17, 2022
Sold by
Shi Yong Jian and Zeng Lu Yun
Bought by
Huang Xiao Hua and Szeto Ka Lai
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Madeline Chiu
RE/MAX Edge
Sold Price
$850,000
Current Estimated Value
$926,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,908
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
May 31, 2016
Sold by
Huang Jian Qin
Bought by
Shi Yong Jian and Zeng Lu Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1998
Sold by
Shapiro Sheldon
Bought by
Shi Jian Qiang and Huang Jian Qin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.83%
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 Xiao Hua $850,000 --
Shi Yong Jian $655,000 --
Shi Jian Qiang $198,000 Summit Assoc Title Svcs Nati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shi Yong Jian $400,000
Previous Owner Shi Jian Qiang $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $850,000 -- $506 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
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 $7,046 $42,960 $8,760 $34,200
2024 $7,046 $46,620 $8,760 $37,860
2023 $6,722 $43,080 $8,760 $34,320
2022 $6,233 $45,060 $8,760 $36,300
2021 $6,200 $43,320 $8,760 $34,560
2020 $4,650 $44,040 $8,760 $35,280
2019 $6,116 $44,040 $8,760 $35,280
2018 $5,623 $27,582 $5,777 $21,805
2017 $5,005 $26,021 $6,040 $19,981
2016 $4,598 $24,549 $6,377 $18,172
2015 $2,961 $24,549 $9,537 $15,012
2014 $2,961 $24,364 $9,465 $14,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459411

Brooklyn Board of REALTORS®

APN: 07386-0015