NOT LISTED FOR SALE

Estimated Value: $1,096,000 - $1,230,525

5 Beds
3 Baths
2,200 Sq Ft
$516/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2022

Last sale price $999,000 $454 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,660 / mo

38 Days on Market

Highlights

  • Cooling Available
  • 4-minute walk to Neck Road
  • Heating System Uses Steam
  • P.S. 209 Margaret Mead Rated 9+
  • Hot Water Heating System

About This Home

As of August 2022

Prime location, Amazing fully detached 5 BDR with 3 full BATH two-family home is sitting on a quiet block in the heart of the Sheepshead Bay neighborhood. In recent years, the whole house has been completely renovated from top to bottom, including new kitchens, new bathrooms, new thermal windows, and new water heaters. Solid wood interior doors throughout, fully fenced. There is ample storage space and closets. 1Fl: 3 bedrooms, 2 full baths, and a nice kitchen with dining area. Formal living room. 2Fl: 2 spacious bedrooms, The kitchen features custom cherry wood cabinets, quartz countertops, and new stainless steel appliances. One full bath, a huge living room. Four new wall air conditioner units. Two big sky windows bring plenty of natural light. Basement: finished basement, laundry room, gas boiler, and water heaters. Each floor has an exit to the backyard. Big backyard with a huge deck, trellis, established vegetable garden, asparagus, grapevines, fruit trees, berries, and flowers.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 04/29/2022

RE/MAX Edge

Last Buyer's Agent

Domingo Rios

RE/MAX Team License #10401214531

RE/MAX Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 1925

Lot Details

  • 2,950 Sq Ft Lot
  • Lot Dimensions are 29 x 100
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Ps 209 Margaret Mead Middle School
  • Abraham Lincoln High School

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 29 / 7397

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,004

Year Built

Built in 1925

Lot Details

2,950 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-288-3835
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-05-03
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 209 Margaret Mead

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 29 x 100
  • Lot Size Sq Ft: 2950.00
  • Lot Size Units: Acres
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-29
  • Tax Annual Amount: 4004.00
  • Tax Block: 7397
  • Tax Lot: 29

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • High School: Abraham Lincoln High School
  • Middle School District: Brooklyn 21

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Aug 29, 2022
Sold by
Bought by
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Domingo Rios
RE/MAX Team
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%
Views
1
Current Estimated Value
$1,135,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,381
Avg. Annual Appreciation
3.31%
Original Mortgage
$699,300
Outstanding Balance
$658,866
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$476,515

Purchase Details

Closed on
Jul 5, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$999,000 --
$470,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $699,300
Previous Owner $376,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $999,000 -4.9% $454 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $1,050,000 -- $477 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,116 $69,720 $11,220 $58,500
2025 $4,835 $75,180 $11,220 $63,960
2024 $4,835 $59,400 $11,220 $48,180
2023 $4,627 $69,000 $11,220 $57,780
2022 $4,004 $58,920 $11,220 $47,700
2021 $4,228 $57,180 $11,220 $45,960
2020 $2,073 $54,000 $11,220 $42,780
2019 $3,904 $54,000 $11,220 $42,780
2018 $3,573 $18,987 $4,086 $14,901
2017 $3,352 $17,914 $4,521 $13,393
2016 $3,271 $17,914 $5,045 $12,869
2015 $1,819 $17,690 $7,479 $10,211
2014 $1,819 $16,719 $7,068 $9,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3395514

OneKey® MLS

APN: 07397-0029

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