NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,045,000

4 Beds
2 Baths
1,606 Sq Ft
$624/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $938,000 $584 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,843/month

Highlights

  • Deck
  • Terrace
  • Heating System Uses Steam
  • Wood Flooring
  • 2 Car Attached Garage
  • Private Driveway

About This Home

As of September 2021

Beautiful attached two-family Brick home located in Sheepshead Bay/Gravesend neighborhood. The whole house was newly renovated 3 years ago. Which features New kitchen, new bathroom, and new hardwood floor throughout the house. Building size 22×50 on lot 22×100. Annual property tax $6,300. Both floors feature 2 large bedrooms and 1 full bath unit. A spacious and bright living room. Both floor access to the huge backyard. The 2nd fl has a front porch and back deck. Gas boiler and water heater. Two electric meters and two gas meters. Attached garage with a private driveway that can park 2-3 cars. Excellent Zone school PS/IS 209. Margaret Mead. 9 out of 10 rating school for Grade Pre K to Grade 8. Near B/Q train Sheepshead station and F train Ave X station. Also near B1, B3, B36, B68 bus. Short distance away from supermarket, restaurants, pharmacy, and gyms. Convenient to all. Perfect for investor or End-user. Don’t miss the opportunity to own this property.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 05/10/2021

RE/MAX Edge

Last Buyer's Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 05/10/2021

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1940

Lot Details

  • 1,808 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,300

Year Built

Built in 1940

Lot Details

1,808 Sq Ft Lot

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 22.00
  • 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: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Deck, Dishwasher, Refrigerator, Terrace
  • Building Stories: 2
  • Street Name I D X: 7th
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1808

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 19
  • Roof: Asphalt/Tar, Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 22
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 6300.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Sep 23, 2021
Sold by
Louie Hung Lek and Zhu Bao Qiong
Bought by
Liu Jia Feng and Liu Jia Ling
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
Sold Price
$938,000
Current Estimated Value
$1,001,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,352
Avg. Annual Appreciation
1.47%
Original Mortgage
$609,700
Outstanding Balance
$554,782
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$446,570

Purchase Details

Closed on
Mar 29, 2017
Sold by
Tamarazo Iris
Bought by
Louie Hung Lek and Zhu Bao Qiong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2007
Sold by
Lebovich Faina
Bought by
Tamarazo Iris
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
Liu Jia Feng $938,000 --
Louie Hung Lek $775,000 --
Tamarazo Iris $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jia Feng $609,700
Previous Owner Louie Hung Lek $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $938,000 -- $584 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,601 $63,480 $10,440 $53,040
2024 $7,601 $51,000 $10,440 $40,560
2023 $7,628 $59,880 $10,440 $49,440
2022 $7,073 $48,540 $10,440 $38,100
2021 $7,035 $41,040 $10,440 $30,600
2020 $3,299 $49,740 $10,440 $39,300
2019 $6,597 $49,860 $10,440 $39,420
2018 $6,380 $31,298 $7,018 $24,280
2017 $6,019 $29,527 $8,091 $21,436
2016 $5,569 $27,856 $8,201 $19,655
2015 $3,385 $26,280 $11,580 $14,700
2014 $3,385 $26,280 $11,580 $14,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450929

Brooklyn Board of REALTORS®

APN: 07203-0019

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