NOT LISTED FOR SALE

Estimated Value: $1,017,261 - $1,112,000

3 Beds
2 Baths
2,024 Sq Ft
$528/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $929,000 $459 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,316/month

21 Days on Market

Highlights

  • Pre War Building
  • Garage
  • 4-minute walk to Bill Brown Memorial Playground
  • Community Garden

About This Home

As of December 2020

Perfectly located in the heart of Sheepshead Bay, this beautifully renovated two-family home is ready to move into, with all you can ask for. New renovations inside and out with custom granite kitchens, new appliances, floor to ceiling tiled bathrooms, high ceilings with skylights, beautiful hard wood floors, remote controlled garage entrance, and new built stairs, porch, and serene rear yard. This spacious and tastefully designed home is built 22' x 48' with private parking for two cars, both with an indoor garage, large enough to park a full sized SUV, and additional spot just outside of it for a second full sized vehicle. This home is pleasingly spacious throughout each floor and currently configured as a 2 bedroom/1 bathroom over 1 bedroom/1 bathoom. The basement which spans the entire width and depth of the home, is currently used for storage and laundry, but can be finished as a duplex with the first floor unit having access through the front and rear of the property. Other key features, not to be missed are the numerous closets throughout both units, walk-in closets in each of the king-sized master bedrooms, a rear deck on the second floor, and updated mechanicals. This turn-key two family home really checks off all the boxes and, just as important, has a functional set-up which allows for the owner to rent or occupy either unit of this income producing home. Amenities of this location are as follows: Convenient transportation close to the Belt Parkway, Express bus to Manhattan, and mass transit Q and B trains at Sheepshead Bay Road. Bedford Avenue bike path leading to beautiful Sheephead Bay, Manhattan Beach, Brighton Beach and Coney Island in one direction, Bill Brown Playground, Marine Park or even Prospect Park in another direction. Delicious restaurants and cafe's such as Opera, Randazzo's, and Soup N Burger within minutes on Emmons Avenue. From every perspective this is a remarkable home and opportunity! Check out our youtube video tour below and contact us for a Private Appointment.

Last Agent to Sell the Property

Roseanne Degliuomini

Compass License #10301210854 Listed on: 09/03/2020

Compass

Co-Listed By

Joseph Vassallo

Compass License #30VA0852431

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 22.0 x 100.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Sheepshead Bay Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 713 / 7422

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Avenue X/Avenue Y
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2024.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 22.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1940

Tax Info

  • Tax Block: 7422
  • Tax Lot: 713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 21, 2020
Sold by
At Law Of Fanny Santopietro and Santopietro As Sole Heir Daniel P
Bought by
Chen Ning and Yan San Jian
Seller's Agent
Roseanne Degliuomini
Compass
List Price
$929,000
Sold Price
$929,000
Current Estimated Value
$1,068,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,565
Avg. Annual Appreciation
2.82%
Original Mortgage
$629,000
Outstanding Balance
$557,412
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$511,153

Purchase Details

Closed on
Dec 2, 2010
Sold by
Daniel P Santopietro As Trustee and Santopietro Family Trust
Bought by
Santopietro Daniel P

Purchase Details

Closed on
Oct 15, 1997
Sold by
Santopietro Daniel
Bought by
Santopietro Domenic
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
Chen Ning $929,000 --
Chen Ning $929,000 --
Chen Ning $929,000 --
Santopietro Daniel P -- --
Santopietro Daniel P -- --
Santopietro Domenic -- --
Santopietro Domenic -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Ning $629,000
Closed Chen Ning $629,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $929,000 0.0% $459 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $929,000 -- $459 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,730 $61,740 $11,040 $50,700
2024 $8,730 $70,140 $11,040 $59,100
2023 $8,328 $63,240 $11,040 $52,200
2022 $8,171 $56,340 $11,040 $45,300
2021 $8,127 $43,500 $11,040 $32,460
2020 $3,687 $52,740 $11,040 $41,700
2019 $6,918 $58,320 $11,040 $47,280
2018 $6,307 $34,172 $6,827 $27,345
2017 $6,307 $34,110 $7,375 $26,735
2016 $5,812 $32,180 $7,822 $24,358
2015 $3,442 $31,993 $11,629 $20,364
2014 $3,442 $30,183 $10,971 $19,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10663995

Real Estate Board of New York (REBNY)

APN: 07422-0713