NOT LISTED FOR SALE

Estimated Value: $1,024,988 - $1,238,000

-- Bed
3 Baths
2,028 Sq Ft
$573/Sq Ft Est. Value

Last Sold January 29, 2020

Last sale price $1,100,000 $542 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,831/month

Highlights

  • Raised Ranch Architecture
  • Back and Front Yard
  • 4-minute walk to Bill Brown Memorial Playground
  • Baseboard Heating

About This Home

As of January 2020

2 FAMILY FULLY DETACHED BRICK HOME FOR SALE IN SHEEPSHEAD BAY WITH FINISHED BASEMENT.GOOD CONDITION. LOT SIZE: 24 X 100. BUILDING DIMENSIONS: 19 1/2 X 52. FIRST FLOOR HAS 3 BEDROOM APT.WITH LARGE LIVING ROOM, EAT IN KITCHEN AND FULL BATH OVER FULL FINISHED BASEMENT. TOP FLOOR HAS 3 BEDROOM APT. WITH LARGE LIVING ROOM, KITCHEN AND FULL BATH. SHARED DRIVEWAY. LARGE FRONT AND BACKYARD. CLOSE TO TRANSIT, SHOPPING, SCHOOLS AND ALOT MORE...

Last Agent to Sell the Property

Mohamed Mahmoud

Citi Star Inc Listed on: 05/08/2019

Last Buyer's Agent

Mohamed Mahmoud

Citi Star Inc Listed on: 05/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,135

Year Built

  • Built in 1926

Lot Details

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

Home Design

  • Raised Ranch Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3 Full Bathrooms
  • 2,028 Sq Ft Home
  • Parquet Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Parking

  • 3 Parking Spaces
  • Shared Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7422

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,800
  • Insurance Expense $1,800
  • Utility Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,135

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 52.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: AVE X
  • Cross Street Name2: AVE Y
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Fill Sq Ft Total: 2028
  • Street Name I D X: 22
  • Building Style: High Ranch
  • Waterfront Present: No
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Parquet
  • Lot Sq Ft: 2400

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 372
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1800.00

Lot Info

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

Rental Info

  • Rent Income: 48000

Multi Family

  • Insurance Expense: 1800.00
  • Unit Count: 2
  • Annual Utility Expenses: 1000.00

Tax Info

  • Flip Tax Amount: 7135.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jan 29, 2020
Sold by
Lu Shifeng
Bought by
2413 Llc
Seller's Agent
Mohamed Mahmoud
Citi Star Inc
Buyer's Agent
Mohamed Mahmoud
Citi Star Inc
Sold Price
$1,100,000
Current Estimated Value
$1,161,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,497
Avg. Annual Appreciation
0.92%

Purchase Details

Closed on
Sep 23, 2011
Sold by
Vander Bogert Nicole Xian and Xian Jessie H
Bought by
Lu Shifeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2010
Sold by
Vander Bogert Nicole Xian and Xian Kristie H
Bought by
Vander Bogert Nicole Xian and Xian Jessie H

Purchase Details

Closed on
Dec 29, 2004
Sold by
An Xian Zhen
Bought by
Xian Kristie H and Xian Xu Ming

Purchase Details

Closed on
Jul 22, 1998
Sold by
Ly Tommy Kim
Bought by
Xian Zhen An and Li Bao Kui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.87%

Purchase Details

Closed on
Feb 12, 1998
Sold by
Ly Linda
Bought by
Ly Tommy Kim
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2413 Llc $850,000 --
2413 Llc $850,000 --
2413 Llc $850,000 --
Lu Shifeng $625,000 --
Lu Shifeng $625,000 --
Vander Bogert Nicole Xian -- --
Vander Bogert Nicole Xian -- --
Xian Kristie H -- --
Xian Kristie H -- --
Xian Zhen An $240,000 --
Xian Zhen An $240,000 --
Ly Tommy Kim $80,000 --
Ly Tommy Kim $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Shifeng $437,000
Previous Owner Xian Zhen An $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold $1,100,000 -- $542 / Sq Ft
05/08/2019 05/08/19 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 $8,942 $66,240 $10,140 $56,100
2024 $8,942 $66,480 $10,140 $56,340
2023 $8,530 $63,960 $10,140 $53,820
2022 $6,289 $70,080 $10,140 $59,940
2021 $8,772 $54,900 $10,140 $44,760
2020 $4,114 $59,580 $10,140 $49,440
2019 $7,761 $59,580 $10,140 $49,440
2018 $7,135 $35,001 $6,104 $28,897
2017 $7,135 $35,001 $6,752 $28,249
2016 $6,944 $34,735 $7,837 $26,898
2015 $3,983 $32,770 $11,100 $21,670
2014 $3,983 $30,916 $10,472 $20,444
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 429765

Brooklyn Board of REALTORS®

APN: 07422-0372