NOT LISTED FOR SALE

Estimated Value: $1,129,000 - $1,262,000

5 Beds
3 Baths
2,333 Sq Ft
$513/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $999,000 $428 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,412/month

Highlights

  • Wood Flooring
  • 1-minute walk to 53 Street
  • Laundry Facilities
  • Fenced Yard
  • Heating System Uses Steam
  • Community Storage Space

About This Home

As of November 2021

Great Opportunity to Own a 2 Family Brick Home in Sunset Park. 3 Story with a Full Finished Basement. 1st Floor and 2nd Floor Duplex recently renovated and features a 3 bedroom unit. New Bathroom and hardwood flooring. 3rd Floor features a 2 bedroom unit. Spacious backyard for family gatherings. Conveniently located near Industry City and all that it has to offer. A Multitude of restaurants, shopping outlets, Sunset park, and more are all nearby. Public Transportation B37, B11, and R Train. Great Rental Income Potential. Currently, Owner Occupied and Will be Delivered Vacant.

Last Agent to Sell the Property

Mandy Shi

Momentum Real Estate LLC Listed on: 08/04/2021

Last Buyer's Agent

Mandy Shi

Momentum Real Estate LLC Listed on: 08/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1930

Lot Details

  • 1,670 Sq Ft Lot
  • Lot Dimensions are 100 x 17
  • Fenced Yard
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,333 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Block 798

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,869

Year Built

Built in 1930

Lot Details

1,670 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 35.00
  • Building Width: 17.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Ave
  • Cross Street Name2: 4th Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Laundry Area, Washer
  • Fill Sq Ft Total: 2333
  • Building Stories: 3
  • Street Name I D X: 52nd
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 1670

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Slab Concrete
  • Lot Number: 49
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 17
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 2869.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Nov 22, 2021
Sold by
Montalvo Annette and Montalvo Jose
Bought by
Chen Jian and Chen Lixin
Seller's Agent
Mandy Shi
Momentum Real Estate LLC
Buyer's Agent
Mandy Shi
Momentum Real Estate LLC
Sold Price
$999,000
Current Estimated Value
$1,196,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,394
Avg. Annual Appreciation
4.34%
Original Mortgage
$570,000
Outstanding Balance
$523,387
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$673,007

Purchase Details

Closed on
Oct 3, 1995
Sold by
Howard Real Estate Ltd
Bought by
Montalvo Jose and Montalvo Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,400
Interest Rate
7.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1995
Sold by
The Prudential Home Mtg Company Inc
Bought by
Howard Realt Estate Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,400
Interest Rate
7.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Jian $999,000 --
Montalvo Jose $157,500 --
Howard Realt Estate Ltd $105,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jian $570,000
Previous Owner Montalvo Jose $157,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $999,000 -- $428 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,202 $78,480 $13,440 $65,040
2024 $3,202 $69,900 $13,440 $56,460
2023 $3,238 $85,800 $13,440 $72,360
2022 $3,039 $79,680 $13,440 $66,240
2021 $3,023 $81,780 $13,440 $68,340
2019 $2,779 $66,360 $13,440 $52,920
2018 $2,708 $13,285 $3,448 $9,837
2017 $2,586 $12,687 $3,566 $9,121
2016 $2,393 $11,970 $3,724 $8,246
2015 $1,224 $11,294 $4,677 $6,617
2014 $1,224 $11,071 $3,896 $7,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 454482

Brooklyn Board of REALTORS®

APN: 00798-0049

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