NOT LISTED FOR SALE

Estimated Value: $878,777 - $1,291,000

3 Beds
2 Baths
1,809 Sq Ft
$574/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $870,000 $481 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,124/month

Highlights

  • Deck
  • 2 Car Attached Garage
  • Private Driveway
  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard

About This Home

As of March 2022

Highly Potential Two(2) Family Brick with Private Driveway located in the heart of Sheepshead Bay/Gravesend. It is only few steps to ALL you need: Excellent Elementary School(PS 209 Margaret Mead)on the same block, Coney Island Hospital, Public Transportation(B1/B4/B36 Buses and B/Q Subways), Belt Parkway Highway, Brighton Beach, Retails Stores, Restaurant, Parks and much more to mention. This home features a two(2) bedroom apartment with a front porch and a rear deck on the top floor over a one(1) bedroom apartment with a front garage and private driveway which allows parking up to 2 cars. Building size 22x48' sitting on 22x100' lot. Annual property tax: $7,457. Some moderate TLC will turn this property into a great investment opportunity. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 01/21/2022

RE/MAX Edge

Last Buyer's Agent

Yun Bin (Roy) Wang

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,457

Year Built

  • Built in 1930

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,809 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,457

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 48.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue Z
  • Cross Street Name2: Shore Pky
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Refrigerator, Stove
  • Fill Sq Ft Total: 1809
  • Building Stories: 2
  • Street Name I D X: 7th
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2200

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 32
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V, Circuit Breakers
  • 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: 7457.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 16, 2022
Sold by
Sable Claire
Bought by
Chen Yi and Lin Feng
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Yun Bin (Roy) Wang
E House Realty & Mgt. Inc.
Sold Price
$870,000
Current Estimated Value
$1,040,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,894
Avg. Annual Appreciation
4.78%
Original Mortgage
$609,000
Outstanding Balance
$568,552
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$469,892
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
Chen Yi $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yi $609,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $870,000 -- $481 / Sq Ft
01/21/2022 01/21/22 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 $8,052 $52,680 $10,500 $42,180
2024 $8,052 $60,840 $10,500 $50,340
2023 $7,681 $64,560 $10,500 $54,060
2022 $5,623 $61,200 $10,500 $50,700
2021 $7,457 $57,120 $10,500 $46,620
2020 $5,593 $49,560 $10,500 $39,060
2019 $6,989 $49,560 $10,500 $39,060
2018 $6,425 $31,518 $6,170 $25,348
2017 $6,380 $31,296 $7,461 $23,835
2016 $5,903 $29,527 $8,124 $21,403
2015 $3,561 $28,260 $11,640 $16,620
2014 $3,561 $27,840 $11,467 $16,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458478

Brooklyn Board of REALTORS®

APN: 07243-0032