NOT LISTED FOR SALE

Estimated Value: $1,066,519 - $1,278,000

3 Beds
3 Baths
3,128 Sq Ft
$383/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $1,130,000 $361 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,173/month

17 Days on Market

Highlights

  • 2 Car Attached Garage
  • Heating System Uses Steam
  • 5-minute walk to Bill Brown Memorial Playground
  • Hot Water Heating System

About This Home

As of August 2022

Amazing Solid Brick two-family home located in the Prime Sheepshead Bay neighborhood. The whole house is well-kept. Building size 22x62 on lot 22x100. Annual property tax $8653. Beautiful one huge bedroom and one full bathroom on the first floor, easy change to 2 bedrooms.The beautiful modern kitchen with granite counter-tops, stainless steel appliances, a spacious and bright living room. The second floor has 2 large bedrooms and 1 full bathroom. Finished basement. All the three floors with access to the backyard. Laundry area. Attached garage with a private driveway can park 2 cars. 2 gas meters and 2 electric meters. Near B/Q train and B44, B36 Bus. Walking distance away from supermarkets, restaurants, pharmacies, and gyms. Convenient to all. Don't miss the opportunity to own this property.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10401268467 Listed on: 04/22/2022

RE/MAX Edge

Last Buyer's Agent

Kelly Wu

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10401268467 Listed on: 04/22/2022

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,653

Year Built

  • Built in 1945

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22 x 100

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Ps 52 Sheepshead Bay Elementary School
  • JHS 14 Shell Bank Middle School
  • Professional Pathways High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 816 / 7422

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,653

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Year Built: 1945
  • Attribution Contact: 718-288-3835
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, Garage, Private

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas, Steam
  • Sewer: Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 14 Shell Bank

Lot Info

  • Lot Dimensions: 22 x 100
  • Lot Size Sq Ft: 2200
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8653
  • Tax Block: 7422
  • Tax Lot: 816

MLS Schools

  • Elementary School: Ps 52 Sheepshead Bay
  • High School: Professional Pathways High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Aug 9, 2022
Sold by
Schwartz Joel and Schwartz Natalya
Bought by
Chen Yong Wei
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
List Price
$1,148,000
Sold Price
$1,130,000
Premium/Discount to List
-$18,000
-1.57%
Views
1
Current Estimated Value
$1,198,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,380
Avg. Annual Appreciation
1.87%
Original Mortgage
$550,000
Outstanding Balance
$525,828
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$672,552

Purchase Details

Closed on
Aug 29, 2014
Sold by
Schwartz Mitchell and Schwartz Yolanda
Bought by
Schwartz Joel and Schwartz Natalya

Purchase Details

Closed on
Nov 11, 2005
Sold by
Schwartz Joel and Schwartz Mitchell D
Bought by
Schwartz Joel and Schwartz Mitchell D

Purchase Details

Closed on
Jul 5, 2001
Sold by
Schwartz Benjamin
Bought by
Schwartz Mitchell and Schwartz Joel
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Chen Yong Wei $1,130,000 --
Chen Yong Wei $1,130,000 --
Schwartz Joel -- --
Schwartz Joel -- --
Schwartz Joel -- --
Schwartz Joel -- --
Schwartz Mitchell -- --
Schwartz Mitchell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yong Wei $550,000
Closed Chen Yong Wei $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $1,130,000 -1.6% $361 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $1,148,000 -- $367 / Sq Ft
Source: OneKey® MLS

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 $9,536 $56,640 $11,820 $44,820
2024 $9,536 $66,600 $11,820 $54,780
2023 $9,096 $61,440 $11,820 $49,620
2022 $8,654 $55,980 $11,820 $44,160
2021 $9,058 $48,060 $11,820 $36,240
2020 $4,239 $54,600 $11,820 $42,780
2019 $7,983 $54,600 $11,820 $42,780
2018 $7,311 $37,324 $7,604 $29,720
2017 $7,309 $37,324 $8,461 $28,863
2016 $7,095 $37,041 $9,260 $27,781
2015 $4,027 $34,945 $12,071 $22,874
2014 $4,027 $32,970 $11,389 $21,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3393491

OneKey® MLS

APN: 07422-0816