NOT LISTED FOR SALE

Estimated Value: $1,018,000 - $1,195,000

Studio
3 Baths
1,788 Sq Ft
$610/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $996,000 $557 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,855/month

Highlights

  • Wood Flooring
  • 1-minute walk to 53 Street
  • Back and Front Yard
  • Baseboard Heating

About This Home

As of July 2020

Prime Sunset Park Location, 2 family attached home with 3 levels above ground and basement with separate entrance sits on a lot of 17X100, building 1st FL with extension 17X50, 2nd FL and 3rd FL 17X35. 2nd and 3rd floor is 5 bedrooms duplex over 3 bedrooms on the first floor. Mint condition that was updated few years ago. Move-in condition and ready to collecting rent, motivated seller ready to hear all bids and offers.

Last Agent to Sell the Property

Mandy Shi

Momentum Real Estate LLC Listed on: 08/28/2019

Co-Listed By

Dan Dong

RE/MAX Edge

Last Buyer's Agent

Mandy Shi

Momentum Real Estate LLC Listed on: 08/28/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1930

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 100 x 17
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,788 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,460

Year Built

Built in 1930

Lot Details

1,700 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Separate Entrance, Unfinished
  • Borough: Brooklyn
  • Building Length: 35.00
  • Building Width: 17.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 1788
  • Building Stories: 3
  • Street Name I D X: 52nd
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1700

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Wood Frame
  • Exterior: Aluminum Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 48
  • 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: 2460.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Jul 8, 2020
Sold by
Lin Xiu Dan and Ni Li Feng
Bought by
Chen Ivy and Ling Thomas
Seller's Agent
Mandy Shi
Momentum Real Estate LLC
Buyer's Agent
Mandy Shi
Momentum Real Estate LLC
Sold Price
$996,000
Current Estimated Value
$1,091,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,283
Avg. Annual Appreciation
1.63%
Original Mortgage
$796,800
Outstanding Balance
$703,391
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,892

Purchase Details

Closed on
Jan 10, 2019
Sold by
Chen Shi Min and Lin Xiu Dan
Bought by
Lin Xiu Dan and Ni Li Feng

Purchase Details

Closed on
May 25, 2010
Sold by
Velasquez Maria
Bought by
Chen Shi Min and Lin Xiu Dan

Purchase Details

Closed on
Mar 31, 2005
Sold by
Eng Eulalia
Bought by
Velasquez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.78%
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 Ivy $996,000 --
Chen Ivy $996,000 --
Lin Xiu Dan -- --
Lin Xiu Dan -- --
Chen Shi Min $540,000 --
Chen Shi Min $540,000 --
Velasquez Maria $465,000 --
Velasquez Maria $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Ivy $796,800
Closed Chen Ivy $796,800
Previous Owner Velasquez Maria $45,000
Previous Owner Velasquez Maria $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $996,000 -- $557 / Sq Ft
08/28/2019 08/28/19 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 $3,000 $63,720 $13,440 $50,280
2024 $3,000 $74,640 $13,440 $61,200
2023 $2,866 $69,360 $13,440 $55,920
2022 $2,660 $70,980 $13,440 $57,540
2021 $2,646 $67,380 $13,440 $53,940
2020 $1,315 $56,340 $13,440 $42,900
2019 $2,604 $53,400 $13,440 $39,960
2018 $2,397 $11,761 $3,236 $8,525
2017 $2,264 $11,104 $3,435 $7,669
2016 $2,094 $10,477 $3,673 $6,804
2015 $1,044 $10,473 $4,234 $6,239
2014 $1,044 $10,372 $4,141 $6,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 432830

Brooklyn Board of REALTORS®

APN: 00798-0048

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