NOT LISTED FOR SALE

Estimated Value: $1,442,000 - $1,586,000

6 Beds
2.5 Baths
2,520 Sq Ft
$605/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $1,480,000 $587 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,720/month

Highlights

  • Wood Flooring
  • 1-minute walk to 77 Street (R Line)
  • Heating System Uses Steam
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • Terrace
  • Back and Front Yard

About This Home

As of December 2024

Large 3-story brick 2-family house. The first floor features a beautiful parlor room with original oak details. Oak mantelpiece with a tiled fireplace and a built-in oak China closet. Extra-large eat-in kitchen with stainless steel appliances and plenty of custom cabinets, hardwood, and parquet flooring. Newer 1/2 bath. The second-floor features 3 bedrooms and a full bath. Also, with oak details and a fireplace with tiles. The third-floor features 3 bedrooms and a full bath. Access to a terrace from the front room. Large enclosed private backyard. Minutes from the "R" train. convenient to shopping and all Bay Ridge has to offer. The house will be delivered vacant.

Last Agent to Sell the Property

Edward Davis

RE/MAX Elite License #400A0545434 Listed on: 06/18/2024

RE/MAX Elite

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,200

Lot Details

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

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Terrace

Utilities

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

Listing and Financial Details

  • Tax Block 5961

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $1,200
  • Utility Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,200

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Avenue
  • Cross Street Name2: 5th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Refrigerator, Stove, Terrace
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 2520
  • Building Stories: 3
  • Street Name I D X: 77th
  • Building Style: Triplex
  • Waterfront Present: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick, Vinyl Siding
  • Foundation Details: Block
  • Lot Number: 13
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers, 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

Tax Info

  • Flip Tax Amount: 8200.00

Multi Family

  • Annual Utility Expenses: 1000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Dec 11, 2024
Sold by
Elisabeth Kim Mahoney and Lorraine Lynch Revocable Trust
Bought by
Lu Mei Qin and Waechter Kurt David
Seller's Agent
Edward Davis
RE/MAX Elite
Buyer's Agent
NON MEMBER
List Price
$1,548,000
Sold Price
$1,480,000
Premium/Discount to List
-$68,000
-4.39%
Views
34
Current Estimated Value
$1,525,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,254
Avg. Annual Appreciation
2.97%
Original Mortgage
$962,000
Outstanding Balance
$952,700
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$572,554

Purchase Details

Closed on
Apr 4, 2023
Sold by
Lorraine Lynch Revocable Trust and Lorraine Lynch Trustee
Bought by
Elisabeth Kim Mahoney Trustee and Lorraine Lynch Trustee

Purchase Details

Closed on
Apr 18, 2019
Sold by
Lynch Lorraine
Bought by
Gregory P Lynch Trustee and Lorraine Lynch Trustee
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
Lu Mei Qin $1,480,000 --
Lu Mei Qin $1,480,000 --
Elisabeth Kim Mahoney Trustee -- --
Elisabeth Kim Mahoney Trustee -- --
Elisabeth Kim Mahoney Trustee -- --
Gregory P Lynch Trustee -- --
Gregory P Lynch Trustee -- --
Gregory P Lynch Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Mei Qin $962,000
Closed Lu Mei Qin $962,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $1,480,000 -4.4% $587 / Sq Ft
09/23/2024 09/23/24 For Sale $1,548,000 +4.6% $614 / Sq Ft
09/22/2024 09/22/24 Off Market $1,480,000 -- --
08/28/2024 08/28/24 Price Changed $1,548,000 -2.5% $614 / Sq Ft
07/11/2024 07/11/24 Price Changed $1,588,000 -0.7% $630 / Sq Ft
06/18/2024 06/18/24 For Sale $1,599,000 -- $635 / Sq Ft
06/18/2024 06/18/24 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 $8,463 $98,940 $16,680 $82,260
2024 $8,463 $97,800 $16,680 $81,120
2023 $8,121 $86,820 $16,680 $70,140
2022 $7,982 $86,760 $16,680 $70,080
2021 $8,292 $77,880 $16,680 $61,200
2020 $8,292 $79,980 $16,680 $63,300
2019 $7,052 $79,980 $16,680 $63,300
2018 $6,495 $33,321 $7,543 $25,778
2017 $6,493 $33,321 $9,263 $24,058
2016 $6,254 $32,835 $9,721 $23,114
2015 $3,572 $30,978 $11,832 $19,146
2014 $3,572 $29,260 $10,550 $18,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 483956

Brooklyn Board of REALTORS®

APN: 05961-0013