NOT LISTED FOR SALE

Estimated Value: $898,824 - $1,084,000

3 Beds
2 Baths
1,890 Sq Ft
$517/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $835,000 $442 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,818/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Private Driveway
  • Fenced Yard
  • Heating System Uses Steam
  • 3-minute walk to Bill Brown Memorial Playground

About This Home

As of April 2018

Extra wide legal 2-family solid brick house in PRIME Sheepshead Bay (Non-flood zone). Upstairs is a big 5 room (2 bedrooms) unit with a large, 4-piece bathroom. The walk-in unit is a nice-sized 4.5 room (1.5 bedroom) apartment with a separate dinning area. Both units have access to the big, private backyard. No worries about parking thanks to the private driveway and built-in garage that allows off-street parking for 2 cars. Updated windows all around as well as renovated front steps and porch. Beautiful, original hardwood floors throughout. Building size: 22x49. Lot size: 22x100. Yearly property tax: $6,643. Quiet residential area with great schools and only two blocks from the Ave. U shopping district. Walking distance to the Q train. As a LEGAL 2-family brick house in a very desirable area, this property is also a great investment. Broker owned. Will be delivered fully vacant.

Last Agent to Sell the Property

John Otano

Calemine & Co. Real Estate, LL Listed on: 12/07/2017

Last Buyer's Agent

Louis Calemine

Calemine & Co. Real Estate, LL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,187

Year Built

  • Built in 1940

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Fenced Yard
  • Back and Front Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 7405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,187

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Crawl Space
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 49.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue W
  • Cross Street Name2: Avenue X
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 1890
  • Building Stories: 2
  • Street Name I D X: 26
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2200
  • Basement Type: Duplex - Up/Down

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 528
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 22
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 6187.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Apr 20, 2018
Sold by
Calemine Louis J
Bought by
Zhen Xiao Ping
Seller's Agent
John Otano
Calemine & Co. Real Estate, LL
Buyer's Agent
Louis Calemine
Calemine & Co. Real Estate, LL
Sold Price
$835,000
Current Estimated Value
$976,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,206
Avg. Annual Appreciation
2.04%
Original Mortgage
$668,000
Outstanding Balance
$574,469
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$401,737

Purchase Details

Closed on
Oct 6, 2017
Sold by
Estate Of Andrew Kaplan and Kaplan Mildred S
Bought by
Calemine Louis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
Kaplan Mildred S
Bought by
Kaplan Andrew Roy
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
Zhen Xiao Ping $835,000 --
Calemine Louis J $740,000 --
Kaplan Andrew Roy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhen Xiao Ping $668,000
Previous Owner Calemine Louis J $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $835,000 -- $442 / Sq Ft
12/07/2017 12/07/17 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 $8,560 $46,080 $11,160 $34,920
2024 $8,560 $44,040 $11,160 $32,880
2023 $8,166 $49,080 $11,160 $37,920
2022 $7,961 $52,500 $11,160 $41,340
2021 $7,917 $51,120 $11,160 $39,960
2019 $7,429 $48,660 $11,160 $37,500
2018 $6,831 $33,508 $7,402 $26,106
2017 $5,603 $33,231 $7,745 $25,486
2016 $5,607 $31,351 $8,538 $22,813
2015 $3,356 $30,360 $12,420 $17,940
2014 $3,356 $29,596 $12,107 $17,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 416576

Brooklyn Board of REALTORS®

APN: 07405-0528