NOT LISTED FOR SALE

231 Bay 40th St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $936,143 - $1,027,000

3 Beds
2 Baths
1,152 Sq Ft
$852/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $942,000 $818 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,888/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Laundry Facilities
  • Garden
  • Heating System Uses Steam
  • 4-minute walk to Brighton Playground

About This Home

As of September 2023

This 1 family BRICK property is in impeccable condition! Picture perfect 3 bedrooms,2 baths,finished basement nothing to do here but move in,The home boasts hardwood and tile floors, a gorgeous kitchen with granite counter tops and stainless steel appliances including the microwave, dishwasher, refrigerator, and stove, 3 spacious bedrooms with plenty of closet and storage space, spilt air conditioning units, abundant amounts of sunlight throughout, front and back yards with a huge back porches, a full, finished basement with a separate entrance, 3/4 bathroom, and laundry area with a washer and dryer, and a community drive-way with a parking spot.Solar panel can save homeowner average $150 per month. House size 18x32 Lot size 18x96 Close to all shopping, schools and transportation. Make your appointment today !!!

Last Agent to Sell the Property

Chuchu Chen

RE/MAX Real Estate Professionals License #31SA1010105 Listed on: 07/02/2023

RE/MAX Real Estate Professionals

Last Buyer's Agent

Chuchu Chen

RE/MAX Real Estate Professionals License #31SA1010105 Listed on: 07/02/2023

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,552

Year Built

  • Built in 1940

Lot Details

  • 1,740 Sq Ft Lot
  • Lot Dimensions are 96 x 18
  • Garden
  • Back and Front Yard
  • Property is zoned R5

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Block 6895

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,552

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 576
  • Building Length: 32.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bath Ave
  • Cross Street Name2: Harway Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Community Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, A/C Unit - Window, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove, Washer
  • Rooms Total Level1: 3
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1152
  • Building Stories: 2
  • Street Name I D X: Bay 40th
  • Street Number I D X: 231
  • Building Style: Duplex
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1740
  • Room Count: 8
  • Total Rooms: 6

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 19
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 5+
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 96
  • Lot Size Width: 18
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 4552.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2023
Closed on
Sep 26, 2023
Sold by
Gregory Hancock As Trustee and Hancock
Bought by
Chan Jennifer
Seller's Agent
Chuchu Chen
RE/MAX Real Estate Professionals
Buyer's Agent
Chuchu Chen
RE/MAX Real Estate Professionals
List Price
$899,000
Sold Price
$942,000
Premium/Discount to List
$43,000
4.78%
Current Estimated Value
$981,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,286
Avg. Annual Appreciation
2.14%
Original Mortgage
$565,200
Outstanding Balance
$554,721
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$426,565
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
Chan Jennifer $942,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Jennifer $565,200
Previous Owner Hancock Edward $6,014
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $942,000 +4.8% $818 / Sq Ft
07/02/2023 07/02/23 For Sale $899,000 -- $780 / Sq Ft
06/30/2023 06/30/23 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 $6,629 $49,440 $9,600 $39,840
2024 $6,629 $48,360 $9,600 $38,760
2023 $5,019 $49,260 $9,600 $39,660
2022 $4,552 $47,280 $9,600 $37,680
2021 $5,476 $51,840 $9,600 $42,240
2020 $4,107 $48,000 $9,600 $38,400
2019 $5,461 $43,620 $9,600 $34,020
2018 $5,267 $27,297 $6,637 $20,660
2017 $4,950 $25,752 $6,104 $19,648
2016 $4,547 $24,295 $7,533 $16,762
2015 $2,828 $22,920 $10,680 $12,240
2014 $2,828 $22,920 $10,680 $12,240
Source: Public Records

Agents Affiliated with this Home

  • Chuchu Chen

    Seller's Agent in 2023

    Chuchu Chen

    RE/MAX

    (646) 627-2877

    12 in this area

    135 Total Sales

    Chuchu Chen
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 475135

Brooklyn Board of REALTORS®

APN: 06895-0019

New York Kings County Brooklyn 11214 Gravesend

231 Bay 40th St, Brooklyn, NY

This home is located at 231 Bay 40th St, Brooklyn, NY 11214 since 02 July 2023 and is currently estimated at $981,286, approximately $851 per square foot. This property was built in 1940. 231 Bay 40th St is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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