NOT LISTED FOR SALE

Estimated Value: $859,992 - $1,024,000

5 Beds
3 Baths
2,200 Sq Ft
$418/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $980,000 $445 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,339/month

Highlights

  • Wood Flooring
  • Porch
  • Baseboard Heating
  • Fenced Yard
  • Multiple cooling system units
  • Community Storage Space

About This Home

As of September 2023

Legal 2-family brick house situated in Sheepshead Bay, this spacious residence boasts a 20 x 44 building size, offering ample space for comfortable living and investment potential. Upon entering, you'll be immediately captivated by the first-floor walk-in apartment. This thoughtfully designed space features 2 bedrooms and 1 bathroom, providing a cozy and private retreat. Ascending to the second floor, you'll discover a beautifully appointed 2-bedroom, 1-bathroom apartment. The highlight of this floor is the spacious living room, enhanced by an elegant fireplace that creates a warm and inviting atmosphere, an open kitchen with a nice countertop. The recent updates add a touch of sophistication to the entire space.

Storage will never be a concern in this house, as it offers an abundance of closets and storage areas. From clothing to household items, everything has its place, allowing you to maintain an organized and clutter-free environment effortlessly.

The full finished basement, accessible via a staircase inside, is a haven for entertainment and relaxation. With a generous recreation area, you'll have ample space for hosting gatherings or creating your dream home theater. The convenient summer kitchen adds a touch of practicality, making it easy to prepare refreshments for your guests. It includes a private bedroom and a full bathroom, providing comfort and privacy for guests or extended family members. With an exit to the spacious private yard, the lower level seamlessly connects indoor and outdoor living, offering a tranquil retreat for outdoor activities and relaxation.

This legal 2-family represents an exceptional opportunity. With its recent updates, abundant storage space, and versatile layout, it offers a perfect combination of comfort and style. Whether you're looking for a beautiful home for your family or a profitable investment, it exceeds expectations and provides a desirable retreat in a sought-after neighborhood. Don't miss your chance!

Last Agent to Sell the Property

Yukie Zhang

Ilite Realty Inc Listed on: 05/26/2023

Co-Listed By

Igor Libo

Ilite Realty Inc

Last Buyer's Agent

Yukie Zhang

Ilite Realty Inc Listed on: 05/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,277

Year Built

  • Built in 1960

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 95 x 20
  • Fenced Yard
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Washer

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Porch

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 7478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,277

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 44.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117840
  • Co List Office Phone: (718) 975-0555
  • Confirmed By M L S Y N: Yes
  • Cross Street: Batchelder St
  • Cross Street Name2: Avenue Z
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Central Air - Split, Dishwasher, Microwave, Porch, Refrigerator, Stove, Washer, Window Treatments, Other
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 2200
  • Building Stories: 3
  • Street Name I D X: Batchelder
  • Year Built: 1960
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1900

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 81
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 4
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 95
  • Lot Size Width: 20
  • Zoning: R3

Tax Info

  • Flip Tax Amount: 7276.92

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 12, 2023
Sold by
Kurpakov Ilona
Bought by
Mo Wu Carlos and Mo Wu Reina
Seller's Agent
Yukie Zhang
Ilite Realty Inc
Buyer's Agent
Yukie Zhang
Ilite Realty Inc
List Price
$1,035,000
Sold Price
$980,000
Premium/Discount to List
-$55,000
-5.31%
Current Estimated Value
$918,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,002
Avg. Annual Appreciation
-2.95%
Original Mortgage
$530,000
Outstanding Balance
$518,539
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$400,459

Purchase Details

Closed on
Dec 6, 2011
Sold by
Kurpakov Ilona and Kurpakov Vladimir
Bought by
Kurpakov Ilona

Purchase Details

Closed on
Nov 30, 2004
Sold by
Sherman Melanie V
Bought by
Kurpakov Ilona and Kurpakov Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.68%
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
Mo Wu Carlos $980,000 --
Kurpakov Ilona -- --
Kurpakov Ilona -- --
Kurpakov Ilona $547,500 --
Kurpakov Ilona $547,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mo Wu Carlos $530,000
Previous Owner Kurpakov Ilona $108,000
Previous Owner Kurpakov Ilona $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $980,000 -5.3% $445 / Sq Ft
05/26/2023 05/26/23 For Sale $1,035,000 -- $470 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $6,056 $46,500 $8,400 $38,100
2024 $6,056 $37,140 $8,400 $28,740
2023 $6,078 $42,420 $8,400 $34,020
2022 $5,636 $35,880 $8,400 $27,480
2021 $5,605 $35,880 $8,400 $27,480
2020 $2,629 $37,560 $8,400 $29,160
2019 $5,257 $37,560 $8,400 $29,160
2018 $5,084 $24,938 $7,067 $17,871
2017 $4,796 $23,527 $6,088 $17,439
2016 $4,437 $22,196 $6,597 $15,599
2015 $3,543 $20,940 $9,360 $11,580
2014 $3,543 $20,940 $9,360 $11,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474330

Brooklyn Board of REALTORS®

APN: 07478-0081