NOT LISTED FOR SALE

Estimated Value: $365,402 - $405,000

Studio
1 Bath
450 Sq Ft
1990 Built

Last Sold March 13, 2019

Last sale price $329,000 $731 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,203/month

Highlights

  • Part-Time Doorman
  • Intercom to Front Desk
  • Laundry Facilities
  • Junior High School 259 William McKinley Rated A

About This Home

As of March 2019

REMARKABLE OPPORTUNITY! NEWLY RENOVATED, elegant, and modern home is located in the heart of Sunset Park with exceptional great value! Top of the line quality materials, the open-plan kitchen offers the opportunity to entertain and great functionality; this chef's kitchen is equipped with brand new stainless steel appliances. This unit is move-in ready, and the building is well maintained with two elevators, doorman service, on-site super, laundry area, low common charges, and parking available for rent or purchase in the parking lot next to the building. You will be near to local parks, restaurants, shops, schools, public transportation (Subway: N/R Buses: B9, B63, B64, X27) and everything you need!

Last Agent to Sell the Property

Iris Xiao

Sun Realty New York Inc Listed on: 11/21/2018

Last Buyer's Agent

Iris Xiao

Sun Realty New York Inc Listed on: 11/21/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1990

Home Design

  • 450 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Parking Lot

Additional Features

  • 1 Full Bathroom
  • Septic System

Listing and Financial Details

  • Tax Block 5818

Community Details

Overview

  • 77 Units
  • Association Phone (718) 492-2700
  • Bay Royal Towers Condos
  • Property managed by Royal Management

Amenities

  • Part-Time Doorman
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator
  • Secure Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,650

Year Built

Built in 1990

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5TH AVENUE
  • Cross Street Name2: 4TH AVENUE
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 259.13
  • Negotiate Thru: Broker
  • Parking Attributes: Parking Area, Street
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Elevator, Laundry Area, Refrigerator, Stove, Washer, Other
  • Fill Sq Ft Total: 450
  • Street Name I D X: 64
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Entry Floor: 2
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1008

Utilities

  • Air Conditioning Units: 0
  • Utilities: Septic, Sewer, Water

Condo/Co-op/Association

  • Management Company: Royal Management
  • Manager Phone: 718-492-2700
  • Units In Building: 77

Lot Info

  • Building Project Name: Bay Royal Towers

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 1650.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Mar 13, 2019
Sold by
Bay Royal Towers Ltd
Bought by
Wang Bin Ren
Seller's Agent
Iris Xiao
Sun Realty New York Inc
Buyer's Agent
Iris Xiao
Sun Realty New York Inc
Sold Price
$329,000
Current Estimated Value
$392,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,101
Avg. Annual Appreciation
2.53%
Original Mortgage
$109,000
Outstanding Balance
$95,830
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,271

Purchase Details

Closed on
Jul 26, 2018
Sold by
Estate Of John Plourde
Bought by
Bay Royal Towers Ltd
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
Wang Bin Ren $329,000 --
Bay Royal Towers Ltd $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Bin Ren $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $329,000 -- $731 / Sq Ft
11/21/2018 11/21/18 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 $1,950 $16,410 $760 $15,650
2024 $1,950 $18,090 $760 $17,330
2023 $1,833 $15,759 $760 $14,999
2022 $1,738 $15,553 $760 $14,793
2021 $1,595 $13,226 $760 $12,466
2019 $1,649 $13,396 $760 $12,636
2018 $1,650 $13,320 $760 $12,560
2017 $1,637 $12,873 $760 $12,113
2016 $1,572 $12,190 $760 $11,430
2015 $334 $13,603 $760 $12,843
2014 $334 $12,882 $760 $12,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 425377

Brooklyn Board of REALTORS®

APN: 05818-1008

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