NOT LISTED FOR SALE

Estimated Value: $954,766 - $1,115,000

4 Beds
2 Baths
1,877 Sq Ft
$558/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $998,000 $532 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,067/month

57 Days on Market

Highlights

  • 1 Car Attached Garage
  • Hot Water Heating System
  • 5-minute walk to Bill Brown Memorial Playground
  • Central Air

About This Home

As of September 2022

Amazing BRICK two family home located in the prime Sheepshead Bay neighborhood. Building size 20x47 on lot 20x100. Annual property tax $6,051. This 2-stories house has about 1,877 SQ FT living area. Each floor features two bedroom with1 full bathroom. spacious living room, kitchen, dining room. The kitchen features Custom cabinet, sleek marble countertops and stainless steel appliances. Full finished basement with a separate rear entrance. The house features split air conditioner and hardwood floors throughout the house, laundry room. Two electric meters and two gas meter. The garage has been legally converted into one bedroom. Private driveway that you can park 2 cars. Near B/Q train and B36 bus.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 04/11/2022

RE/MAX Edge

Last Buyer's Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 04/11/2022

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 1940

Lot Details

  • 2,000 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,051

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 718-288-3835
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Partial
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-04-12
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 14 Shell Bank

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 2000
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: Acres
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-09-29
  • Tax Annual Amount: 6051.00

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Sep 29, 2022
Sold by
Shulkin Yakov and Shulkina Maya
Bought by
Chen Yu Hua and Tang Xuhui
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
List Price
$1,299,000
Sold Price
$998,000
Premium/Discount to List
-$301,000
-23.17%
Current Estimated Value
$1,046,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,692
Avg. Annual Appreciation
1.45%
Original Mortgage
$648,000
Outstanding Balance
$621,372
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$425,320

Purchase Details

Closed on
Sep 24, 1997
Sold by
Caccavo David
Bought by
Shulkin Yakov and Shulkina Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
7.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Yu Hua $998,000 --
Shulkin Yakov $233,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yu Hua $648,000
Previous Owner Shulkin Yakov $209,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $998,000 -23.2% $532 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $1,299,000 -- $692 / Sq Ft
Source: OneKey® MLS

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 $7,518 $49,860 $10,980 $38,880
2024 $7,518 $46,140 $10,980 $35,160
2023 $7,172 $51,000 $10,980 $40,020
2022 $4,824 $55,260 $10,980 $44,280
2021 $6,386 $50,640 $10,980 $39,660
2019 $6,232 $51,360 $10,980 $40,380
2018 $5,701 $29,427 $6,240 $23,187
2017 $5,418 $28,047 $8,626 $19,421
2016 $4,980 $26,460 $10,980 $15,480
2015 $3,536 $26,460 $10,980 $15,480
2014 $3,536 $26,460 $10,980 $15,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3390679

OneKey® MLS

APN: 07422-0967