NOT LISTED FOR SALE

Estimated Value: $1,054,000 - $1,610,000

6 Beds
3 Baths
3,000 Sq Ft
$410/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $1,310,000 $437 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,245/month

Highlights

  • Wood Flooring
  • Cooling Available
  • Back Yard
  • 3 Car Detached Garage
  • Heating System Uses Steam
  • 2-minute walk to Bill Brown Memorial Playground

About This Home

As of November 2020

Location, Location! Beautiful Semi-Detached 2 Family Brick House in Sheepshead Bay. Building Size: 20×50 Lot Size: 24×100. Newly Renovated and Excellent Condition with Both Floors Featuring 3 Bedrooms and a Full Bath. All new separate heating and electric systems. Fully Finished Basement with a separate entrance with new separate heating and electric system, Split AC and Heating system. Shared Driveway with a Detached 2 Car Garage that provides 3 parking spaces. Good School District P.S.206 and Close to Shopping Outlets and Transportation.

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 07/13/2020

RE/MAX Edge

Last Buyer's Agent

Eliza Chang

United National Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 1930

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 100 x 24
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

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

Parking

  • 3 Car Detached Garage
  • Shared Driveway

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 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

$8,505

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue W
  • Cross Street Name2: Avenue X
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Fill Sq Ft Total: 3000
  • Building Stories: 2
  • Street Name I D X: 24
  • Building Style: Other
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 2400

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Aluminum Siding, Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 451
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 8505.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Nov 16, 2020
Sold by
Dong Shengqin and Zheng Qiong S
Bought by
Kwan Chiu Pang and Lin Wen
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Eliza Chang
United National Realty
Sold Price
$1,310,000
Current Estimated Value
$1,230,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,839
Avg. Annual Appreciation
-1.23%
Original Mortgage
$510,000
Outstanding Balance
$453,828
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$776,333

Purchase Details

Listed on
Dec 21, 2018
Closed on
May 29, 2019
Sold by
Lo Po Lin and Lo Randy Kwokman
Bought by
Dong Shengqin and Zheng Sheng Qiong
Seller's Agent
Mitchell Duong
Momentum Real Estate LLC
Buyer's Agent
Chao Min Xu
Century 21 Realty First
Sold Price
$990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.99%
Original Mortgage
$550,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2018
Sold by
Nadel Family Trust and Nadel Jay
Bought by
Lo Po Lin and Lo Randy Kwokman

Purchase Details

Closed on
Apr 21, 2011
Sold by
Nadel Doris and Nadel Leonard
Bought by
Nadel Family Trust Dated April 21 2011
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
Kwan Chiu Pang $1,310,000 --
Dong Shengqin $990,000 --
Lo Po Lin $825,000 --
Nadel Family Trust Dated April 21 2011 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Chiu Pang $510,000
Previous Owner Dong Shengqin $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2020 11/17/20 Sold $1,310,000 +32.3% $437 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
05/29/2019 05/29/19 Sold $990,000 -- $330 / Sq Ft View Prior Sale
12/21/2018 12/21/18 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 $9,590 $66,180 $12,900 $53,280
2024 $9,590 $77,880 $12,900 $64,980
2023 $9,170 $68,820 $12,900 $55,920
2022 $8,617 $64,140 $12,900 $51,240
2021 $8,672 $49,860 $12,900 $36,960
2020 $4,203 $48,900 $12,900 $36,000
2019 $7,982 $48,900 $12,900 $36,000
2018 $7,040 $35,996 $9,030 $26,966
2017 $6,113 $34,338 $7,930 $26,408
2016 $5,971 $34,338 $9,804 $24,534
2015 $3,345 $33,480 $14,340 $19,140
2014 $3,345 $31,796 $13,619 $18,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440379

Brooklyn Board of REALTORS®

APN: 07405-0451