NOT LISTED FOR SALE

Estimated Value: $622,000 - $718,000

3 Beds
2 Baths
1,440 Sq Ft
$469/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $605,000 $420 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,228/month

73 Days on Market

Highlights

  • Community Garden
  • Eat-In Kitchen
  • Central Air
  • P.S. 53 The Barbara Esselborn School Rated A
  • Garden
  • Garage

About This Home

As of March 2022

Move Right Into This Beautiful 1 Family Semi-Attached Home In The Desirable Bay Terrace Area, This Spacious Open Layout Offers a Brand-New Roof, 3 Bedrooms, 2 Bathrooms (with showers), Gleaming Hardwood Floors Throughout, Large Living room/Dining room Combo, Recessed Lighting In Every Room. Updated Island Kitchen with Full Size 3 Door Refrigerator Freezer, Range, New Dishwasher, and New Microwave. The Kitchen Has a Side Door to the Huge, Fenced Yard to the Side and Back. Every Room is Fitted with a Window A/C and a Pull Chain Ceiling Fan with Lights, The Washer, Dryer, and Large Hot Water Heater Are All Located in the unfinished Well Ventilated and Brightly Lit Basement. The Huge Driveway To The Left of the house offers parking for 3 Full-Size SUVs, Conveniently Located Near Shopping and Transportation.

Last Agent to Sell the Property

Daniel Hall

The Agency Brokerage License #10301217030 Listed on: 09/30/2021

The Agency Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,831

Year Built

  • Built in 1970

Lot Details

  • 3,132 Sq Ft Lot
  • Lot Dimensions are 39.0 x 86.0
  • Garden

Parking

  • Garage

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • Bay Terrace Subdivision
  • Community Garden

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,831

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Terrace
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Eat-in Kitchen
  • Living Area: 1440.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 3132.0
  • Lot Size Dimensions: 39.0 x 86.0

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1970

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Mar 11, 2022
Sold by
Kirpalani and Lata
Bought by
Yu Mingpu and Mei Wanfang
Seller's Agent
Daniel Hall
The Agency Brokerage
List Price
$639,000
Sold Price
$605,000
Premium/Discount to List
-$34,000
-5.32%
Current Estimated Value
$675,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,604
Avg. Annual Appreciation
4.26%
Original Mortgage
$370,000
Outstanding Balance
$347,293
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$348,674

Purchase Details

Closed on
Apr 26, 2001
Sold by
Nagel Meriam and Nagel Pauline
Bought by
Kirpalani Lakshman and Kirpalani Lata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Yu Mingpu $605,000 Chicago Title
Kirpalani Lakshman $196,500 United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Mingpu $370,000
Previous Owner Kirpalani Lakshman $296,000
Previous Owner Kirpalani Lakshman $50,000
Previous Owner Kirpalani Lakshman $127,000
Previous Owner Kirpalani Lakshman $157,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Off Market $605,000 -- --
03/11/2022 03/11/22 Sold $605,000 -5.3% $420 / Sq Ft
09/30/2021 09/30/21 For Sale $639,000 -- $444 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $5,831 $44,220 $5,751 $38,469
2024 $5,831 $36,120 $7,040 $29,080
2023 $5,851 $28,812 $5,916 $22,896
2022 $5,426 $38,340 $8,760 $29,580
2021 $5,094 $34,440 $8,760 $25,680
2020 $4,833 $31,680 $8,760 $22,920
2019 $4,768 $31,200 $8,760 $22,440
2018 $4,597 $24,010 $6,350 $17,660
2017 $4,318 $22,651 $7,268 $15,383
2016 $3,962 $21,369 $7,428 $13,941
2015 $3,564 $20,160 $7,320 $12,840
2014 $3,564 $20,160 $7,320 $12,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10808602

Real Estate Board of New York (REBNY)

APN: 05029-0001