NOT LISTED FOR SALE

Estimated Value: $483,000 - $548,000

2 Beds
1 Bath
643 Sq Ft
1995 Built

Last Sold November 01, 2023

Last sale price $475,000 $739 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,152/month

Highlights

  • Wood Flooring
  • 5-minute walk to 25 Street
  • Laundry Facilities
  • Bike Room
  • Baseboard Heating

About This Home

As of November 2023

Modern two bedroom Condo in South Park Slope location. This nice unit features a spacious living room, newly renovated open-concept kitchen with granites counter tops, two nice size bedrooms with closet, ultra modern bathroom, a private door in the living room accesses to the huge charming shared yard. The convenient and fully complimentary laundry room is right next to the unit. Common charge includes building insurance, complimentary laundry, water & sewer. The R train subway station is only three blocks away, short distance to all restaurants, stores, and only minutes from Manhattan, Dumbo, Red Hook and Sunset Park. Can't miss the nice condo with a very reasonable asking price in the most convenient location!

Last Agent to Sell the Property

Rui (Nancy) Wu

Listed on: 04/07/2023

Co-Listed By

Jian (Carey) Yang

Last Buyer's Agent

WenpinTommy Zhu

Real Estate Top Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1995

Home Design

  • Garden Apartment
  • Entry on the 1st floor

Interior Spaces

  • 643 Sq Ft Home
  • Wood Flooring
  • Stove
  • Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Tax Block 646

Community Details

Overview

  • 14 Units
  • Association Phone (718) 721-0700
  • South Slope Condominium Condos
  • Property managed by South Slope Condominium

Amenities

  • Laundry Facilities
  • Bike Room

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,059

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Cross Street Name2: 4th Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Maintenance Common Fee: 670.00
  • Negotiate Thru: Broker
  • Parking Attributes: Other
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dryer, Laundry Area, Refrigerator, Stove
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 643
  • Street Name I D X: 22nd
  • Street Number I D X: 224
  • Waterfront Present: No
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 1
  • Pets Allowed: Yes
  • Room Count: 5
  • Total Rooms: 4
  • Basement Type: Garden Apartment

Exterior Features

  • Exterior Building Type: Semi-Detached
  • Lot Number: 1002

Utilities

  • Air Conditioning Units: 0
  • Heating Fuel: Gas
  • Utilities: Heat, Septic, Sewer, Water

Condo/Co-op/Association

  • Management Company: South Slope Condominium
  • Manager Phone: 718-721-0700
  • Pets Allowed: See Agent
  • Units In Building: 14

Lot Info

  • Building Project Name: South Slope Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 5059.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Oct 26, 2023
Sold by
Boykov Dmitry and Boykova Tatyana
Bought by
Li Zhihao and Qiu Yanqiu
Seller's Agent
Rui (Nancy) Wu
Buyer's Agent
WenpinTommy Zhu
Real Estate Top Sales LLC
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
90
Current Estimated Value
$511,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,395
Avg. Annual Appreciation
3.92%
Original Mortgage
$365,000
Outstanding Balance
$358,717
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,678

Purchase Details

Closed on
Dec 18, 2017
Sold by
Schuman Charles S
Bought by
Boykov Dmitry and Boykova Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Estate Of Joyce A Lyons
Bought by
Schuman Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1997
Sold by
224 22Nd Street Corp and 224-22Nd Street Corp
Bought by
Lyons Joyce A and Lyon Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Li Zhihao $475,000 --
Li Zhihao $475,000 --
Boykov Dmitry $435,000 --
Boykov Dmitry $435,000 --
Schuman Charles $169,000 --
Schuman Charles $169,000 --
Lyons Joyce A $95,000 --
Lyons Joyce A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zhihao $365,000
Closed Li Zhihao $365,000
Previous Owner Boykov Dmitry $391,500
Previous Owner Schuman Charles $169,000
Previous Owner Lyons Joyce A $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $475,000 -4.8% $739 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $499,000 -- $776 / 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 $5,295 $40,218 $2,021 $38,197
2024 $5,295 $42,357 $2,021 $40,336
2023 $5,164 $42,093 $2,021 $40,072
2022 $5,046 $41,243 $2,021 $39,222
2021 $5,020 $40,921 $2,021 $38,900
2020 $2,512 $45,784 $2,021 $43,763
2019 $4,815 $44,993 $2,021 $42,972
2018 $4,335 $43,411 $2,021 $41,390
2017 $3,391 $37,934 $2,021 $35,913
2016 $2,922 $36,147 $2,021 $34,126
2015 $1,690 $28,413 $2,020 $26,393
2014 $1,690 $24,547 $2,021 $22,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473092

Brooklyn Board of REALTORS®

APN: 00646-1002