NOT LISTED FOR SALE

Estimated Value: $1,286,000 - $1,521,000

Studio
4.5 Baths
2,560 Sq Ft
$542/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $1,250,000 $488 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,076/month

About This Home

As of July 2018

Introducing this opportunity to own this two family property located on Madison. This beautiful brick house is 20x68 with 26x100 lot. First floor consist of 4 bedrooms, 1 full bathroom, living room and kitchen. In the second floor, there's 3 bedrooms, 1 full bathroom and also a half bathroom, living room, dining room, and an eat in kitchen. Also features 3 dutchless AC system with a lot of window. The basement has two stand up showers, studio and 2 bedrooms.There is a shared driveway that can park 2 cars in the garage. Home is conveniently located close to restaurants (Dunkin’ Donuts, Omiya Sushi), bank (Chase bank, Bank of America), schools (IS 234, PS 206,), post office and especially transportation (B3, B49, BM3, B44, Q train ). Very motivated seller & very cooperative agent = to sold.

Last Agent to Sell the Property

Mitchell Duong

Momentum Real Estate LLC Listed on: 02/12/2018

Co-Listed By

Brian Ngo

eXp Realty BKNY

Last Buyer's Agent

Henry Chen

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,959

Year Built

  • Built in 1925

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 100 x 26

Home Design

  • 2,560 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Flooring

  • Wood
  • Tile

Parking

  • 2 Parking Spaces
  • Carport

Additional Features

  • Stove
  • Washer
  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7329

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,959

Year Built

Built in 1925

Lot Details

2,600 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Length: 68.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117771
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave U
  • Cross Street Name2: Ave T
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Refrigerator, Stove, Washer, Other
  • Fill Sq Ft Total: 2560
  • Street Name I D X: Bedford
  • Building Style: Duplex
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2600

Exterior Features

  • Yard: Other
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 35
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 26
  • Zoning: R4

Tax Info

  • Flip Tax Amount: 7959.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Jul 19, 2018
Sold by
Tian Fang
Bought by
Chen Liwen
Seller's Agent
Mitchell Duong
Momentum Real Estate LLC
Buyer's Agent
Henry Chen
Momentum Real Estate LLC
Sold Price
$1,250,000
Current Estimated Value
$1,388,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,642
Avg. Annual Appreciation
1.38%
Original Mortgage
$705,000
Outstanding Balance
$609,800
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$778,842

Purchase Details

Closed on
Apr 6, 2007
Sold by
Lasala Nancy and Nancy Lasala As Executrix Of The Estate
Bought by
Tian Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Grauer Susan
Bought by
Lasala Joanne

Purchase Details

Closed on
Mar 31, 2005
Sold by
Grauer Susan and Lasala Joanne
Bought by
Grauer Susan and Lasala Joanne
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 Liwen $1,250,000 --
Chen Liwen $1,250,000 --
Chen Liwen $1,250,000 --
Tian Fang $760,000 --
Tian Fang $760,000 --
Lasala Joanne $227,900 --
Lasala Joanne $227,900 --
Grauer Susan -- --
Grauer Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Liwen $705,000
Closed Chen Liwen $705,000
Previous Owner Tian Fang $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $1,250,000 -- $488 / Sq Ft
02/12/2018 02/12/18 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 $10,214 $87,060 $12,060 $75,000
2024 $10,214 $83,220 $12,060 $71,160
2023 $10,042 $101,400 $12,060 $89,340
2022 $9,537 $88,980 $12,060 $76,920
2021 $10,020 $79,560 $12,060 $67,500
2020 $4,699 $75,780 $12,060 $63,720
2019 $8,865 $75,780 $12,060 $63,720
2018 $8,400 $41,205 $8,241 $32,964
2017 $8,116 $39,812 $7,493 $32,319
2016 $7,932 $39,676 $9,438 $30,238
2015 $4,530 $37,432 $13,334 $24,098
2014 $4,530 $35,316 $12,581 $22,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 417840

Brooklyn Board of REALTORS®

APN: 07329-0035

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