NOT LISTED FOR SALE

Estimated Value: $1,345,000 - $1,605,000

Studio
3 Baths
2,000 Sq Ft
$758/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $980,000 $490 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,886/month

Highlights

  • Colonial Architecture
  • 1-minute walk to 77 Street (R Line)
  • Wood Flooring
  • P.S. 102 The Bayview School Rated A
  • Deck
  • Fenced Yard

About This Home

As of March 2019

This home sits in the heart of Bay Ridge on a picturesque tree-lined block and only 3 minutes walk away from the 77th Street R train station into Manhattan. This lovely brick quintessential two family has sun, space, and charm abound.

The house boasts high ceilings throughout all floors, including the basement, which has rarely seen 9 FEET PLUS CEILINGS! There are unique preserved pre-war details throughout the property, with a semi-finished lower-level plus a full bathroom. The parlor floor features crown molding with a railroad two bedroom layout. The second floor has three bedrooms and bright and airy.

The backyard features a deck which is perfectly sized for barbecuing and entertaining guests. There is a private garden which awaits the next owner's magic touch. This gem is close to all Bay Ridge has to offer – dining, parks, transportation, and more. The 77th Street R train station, express buses, and the close by ferry will make a commute into Manhattan, if needed, quick and enjoyable.

The is is a prefect opportunity to make this into your dream single family town home, or it can give you the option of having an income apartment while you enjoying all Bay Ridge has to offer!

The high ceiling basement also offers possibilities of having your own professional practice (doctor, accountant, etc)!

Last Agent to Sell the Property

Alan Ng

RE/MAX Real Estate Professionals License #10301207524 Listed on: 11/17/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

May Lan

RE/MAX Edge License #10401301168

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,961

Year Built

  • Built in 1899

Lot Details

  • 2,180 Sq Ft Lot
  • Lot Dimensions are 109 x 20
  • Fenced Yard
  • Back and Front Yard

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Parquet

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5950

Community Details

Building Details

  • Fuel Expense $2,500
  • Insurance Expense $1,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,961

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Avenue
  • Cross Street Name2: 4th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Laundry Area, Refrigerator, Stove
  • Fill Sq Ft Total: 2000
  • Building Stories: 2
  • Street Name I D X: 76
  • Building Style: Colonial
  • Year Built: 1899
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood, Parquet
  • Lot Sq Ft: 2180

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Stone, Other
  • Lot Number: 28
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2500.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 109
  • Lot Size Width: 20
  • Zoning: R4A

Multi Family

  • Insurance Expense: 1000.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 7961.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2018
Closed on
Mar 27, 2019
Sold by
Estate Of Andrew Vellis
Bought by
Liu Guan Wu and Liu Yun Rong
Seller's Agent
Alan Ng
RE/MAX Real Estate Professionals
Buyer's Agent
May Lan
RE/MAX Edge
Sold Price
$980,000
Current Estimated Value
$1,516,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,005
Avg. Annual Appreciation
6.65%
Original Mortgage
$591,000
Outstanding Balance
$519,594
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$996,411
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 Guan Wu $985,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Guan Wu $591,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $980,000 -- $490 / Sq Ft
11/17/2018 11/17/18 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 $11,492 $82,680 $17,520 $65,160
2024 $11,492 $97,260 $17,520 $79,740
2023 $11,096 $97,680 $17,520 $80,160
2022 $10,391 $94,680 $17,520 $77,160
2021 $10,955 $87,720 $17,520 $70,200
2019 $13,550 $76,740 $17,520 $59,220
2018 $3,720 $39,055 $7,919 $31,136
2017 $3,492 $36,903 $8,847 $28,056
2016 $3,068 $36,903 $10,224 $26,679
2015 $1,661 $36,376 $11,246 $25,130
2014 $1,661 $34,338 $12,417 $21,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 425284

Brooklyn Board of REALTORS®

APN: 05950-0028