NOT LISTED FOR SALE

Estimated Value: $1,407,000

7 Beds
2 Baths
2,880 Sq Ft
$489/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $1,199,000 $416 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,390/month

Highlights

  • Wood Flooring
  • 4-minute walk to Bay Ridge Avenue
  • Back and Front Yard
  • P.S. 102 The Bayview School Rated A
  • Heating System Uses Steam

About This Home

As of June 2020

Two family - 3 story Limestone in desirable Bay Ridge location. Immediate full possession. Building size is 20 x 50. House is 2 blocks from "R" train and convenient ti hopping. This property has great potential.

Last Agent to Sell the Property

Edward Davis

RE/MAX Elite License #400A0545434 Listed on: 12/10/2019

RE/MAX Elite

Last Buyer's Agent

Edward Davis

RE/MAX Elite License #400A0545434 Listed on: 12/10/2019

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,100

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Limestone

Interior Spaces

  • 2,880 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5891

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,200
  • Insurance Expense $1,200
  • Utility Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,100

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 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: Stove
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 2880
  • Building Stories: 3
  • Street Name I D X: 72
  • Building Style: Other
  • Waterfront Present: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Hardwood, Parquet
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Limestone
  • Foundation Details: Block
  • Lot Number: 67
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5B

Multi Family

  • Insurance Expense: 1200.00
  • Annual Utility Expenses: 900.00

Tax Info

  • Flip Tax Amount: 9100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Jun 23, 2020
Sold by
Henrick Anderson Living Trust
Bought by
Chen Cai Kui and Xie Fang
Seller's Agent
Edward Davis
RE/MAX Elite
Buyer's Agent
Edward Davis
RE/MAX Elite
Sold Price
$1,199,000
Current Estimated Value
$1,407,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,000
Original Mortgage
$779,000
Outstanding Balance
$690,524
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2017
Sold by
Anderson Gladys M
Bought by
Henrick Anderson Living Trust and Henrick Anderson, As Trustee
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 Cai Kui $1,199,000 --
Henrick Anderson Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Cai Kui $779,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold $1,199,000 -- $416 / Sq Ft
12/10/2019 12/10/19 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 $13,006 $83,100 $14,580 $68,520
2024 $13,006 $97,740 $14,580 $83,160
2023 $12,540 $93,960 $14,580 $79,380
2022 $11,725 $86,640 $14,580 $72,060
2021 $10,677 $79,200 $14,580 $64,620
2019 $7,291 $78,000 $14,580 $63,420
2018 $8,832 $44,788 $6,255 $38,533
2017 $8,319 $42,279 $9,314 $32,965
2016 $8,142 $42,279 $10,420 $31,859
2015 $4,591 $40,780 $12,612 $28,168
2014 $4,591 $39,412 $12,460 $26,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 435275

Brooklyn Board of REALTORS®

APN: 05891-0067