NOT LISTED FOR SALE

Estimated Value: $1,052,600 - $1,222,000

5 Beds
3 Baths
1,923 Sq Ft
$582/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $980,000 $510 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,713/month

24 Days on Market

Highlights

  • City View
  • 2 Car Attached Garage
  • Heating System Uses Steam
  • Ps 206 Joseph F Lamb Rated A-
  • Hot Water Heating System
  • 1-minute walk to Bill Brown Memorial Playground

About This Home

As of November 2023

Introducing a charming 2-family house located in the desirable neighborhood of Sheepshead Bay. This well-maintained property features two stories over a full-finished basement, offering ample space for comfortable living. The second floor features a spacious layout, including 2 bedrooms (with potential for an additional bedroom), 1 bathroom, a large living room, and a generously sized kitchen. Enjoy the convenience of access to both front and back balconies, perfect for relaxing or entertainment. On the first floor, you will find 2 bedrooms, 1 bathroom, a living room, and a kitchen. The fully finished basement offers additional living space and 1 bathroom. With separate entrances to the backyard from both the first floor and the basement, you can easily access the beautiful outdoor area, perfect for gardening, barbecues, or simply enjoying the fresh air. Included is a garage and parking spaces, ensuring ample room for your vehicles. Building size 22*48 over Lot size 22*100. Annual property tax of $8,098. This property offers proximity to schools, parks, and business districts with a wide range of amenities, including shopping, and restaurants. Easy access to transportation options B36, B44, and BM3 buses. Don't miss out on the opportunity to own this wonderful 2-family house with versatile living spaces and convenient features.

Last Agent to Sell the Property

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 07/31/2023

RE/MAX Edge

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,098

Year Built

  • Built in 1940

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22x100
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ps 206 Joseph F Lamb Elementary School
  • JHS 14 Shell Bank Middle School
  • Origins High School

Utilities

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

Additional Features

  • City Views
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Legal Lot and Block 541 / 7405
  • Assessor Parcel Number 07405-0541

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,098

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • View: City
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Steam
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 14 Shell Bank

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 22x100
  • Lot Size Sq Ft: 2200
  • Lot Size Units: Acres
  • Parcel Number: 07405-0541
  • Zoning Description: R4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-01

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8098
  • Tax Block: 7405
  • Tax Lot: 541
  • Tax Map Number: 07405-0541

MLS Schools

  • Elementary School: Ps 206 Joseph F Lamb
  • High School: Origins High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Nov 2, 2023
Sold by
Mamutin Family Trust and Mamutin As Trustee Boris
Bought by
Wu Duo Shuai and Wu Limin
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Non Member
NonMember
List Price
$1,048,000
Sold Price
$980,000
Premium/Discount to List
-$68,000
-6.49%
Views
135
Current Estimated Value
$1,119,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,150
Avg. Annual Appreciation
4.55%
Original Mortgage
$637,000
Outstanding Balance
$626,590
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$438,520

Purchase Details

Closed on
Dec 15, 2022
Sold by
Mamutin Boris and Mamutina Irina
Bought by
Boris Mamutin As Trustees Of Mamutin Fa and Irina Mamutina As Trustee

Purchase Details

Closed on
Jul 27, 2012
Sold by
Tsymbal Alexander and Tsymbal David
Bought by
Mamutin Boris and Mamutin Irina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2000
Sold by
Adam James and Adam Lucille
Bought by
Tsymbal David and Tsymbal Yevgeniya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1998
Sold by
Adam James and Adam Lucille
Bought by
Adam James and Adam Lucille
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
Wu Duo Shuai $980,000 --
Wu Duo Shuai $980,000 --
Boris Mamutin As Trustees Of Mamutin Fa -- --
Boris Mamutin As Trustees Of Mamutin Fa -- --
Mamutin Boris $645,000 --
Mamutin Boris $645,000 --
Tsymbal David $250,000 First American Title Ins Co
Tsymbal David $250,000 First American Title Ins Co
Adam James -- Chicago Title Insurance Co
Adam James -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Duo Shuai $637,000
Closed Wu Duo Shuai $637,000
Previous Owner Mamutin Boris $483,750
Previous Owner Tsymbal David $232,000
Previous Owner Tsymbal David $199,750
Closed Tsymbal David $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $980,000 -6.5% $510 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $1,048,000 -- $545 / 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 $8,999 $56,100 $11,760 $44,340
2024 $8,999 $51,420 $11,760 $39,660
2023 $8,584 $55,080 $11,760 $43,320
2022 $7,961 $52,920 $11,760 $41,160
2021 $7,917 $49,800 $11,760 $38,040
2020 $3,936 $51,960 $11,760 $40,200
2019 $7,810 $50,700 $11,760 $38,940
2018 $7,180 $35,224 $7,890 $27,334
2017 $6,774 $33,231 $8,131 $25,100
2016 $6,267 $31,351 $8,691 $22,660
2015 $3,781 $31,351 $13,043 $18,308
2014 $3,781 $31,114 $12,944 $18,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3494620

OneKey® MLS

APN: 07405-0541