NOT LISTED FOR SALE

Estimated Value: $1,424,000 - $1,448,000

Studio
2 Baths
2,000 Sq Ft
$719/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $1,115,000 $558 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,425/month

73 Days on Market

About This Home

As of October 2020

SHOWN BY APPOINTMENT Nestled on one of the loveliest blocks in Bay Ridge. This impressive 20' wide, turn of the century, two unit limestone offers the perfect opportunity for buyers looking for a townhouse plus an income generating rental property. With 1000 sq. ft. of living space per floor and some original detail, including coffered ceilings, beautiful inlaid parquet flooring and large private garden, plus a separate lower level entrance. This home has character and style and is waiting for the right finishing touch.

Last Agent to Sell the Property

Bernadette Mitchell

Brown Harris Stevens Brooklyn LLC License #10301209069 Listed on: 05/30/2020

Brown Harris Stevens Brooklyn LLC

Co-Listed By

Peter Grazioli

Brown Harris Stevens Brooklyn LLC License #10401234667

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,786

Home Design

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Washer Dryer Allowed

Community Details

  • 2 Units
  • Bay Ridge Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Oct 21, 2020
Sold by
Elke C. Weber As Executor
Bought by
Wu Bi Hua and Zheng Biyu
Seller's Agent
Bernadette Mitchell
Brown Harris Stevens Brooklyn LLC
List Price
$1,200,000
Sold Price
$1,115,000
Premium/Discount to List
-$85,000
-7.08%
Current Estimated Value
$1,438,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,505
Avg. Annual Appreciation
5.01%
Original Mortgage
$780,500
Outstanding Balance
$694,213
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$744,292

Purchase Details

Closed on
Dec 20, 2004
Sold by
Weber Elke
Bought by
Weber George
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
Wu Bi Hua $1,115,000 --
Weber George $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Bi Hua $780,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $1,115,000 -7.1% $558 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $1,200,000 -- $600 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $10,850 $81,600 $15,480 $66,120
2024 $10,850 $84,300 $15,480 $68,820
2023 $10,447 $76,500 $15,480 $61,020
2022 $9,753 $79,860 $15,480 $64,380
2021 $9,320 $75,660 $15,480 $60,180
2020 $4,567 $71,880 $15,480 $56,400
2019 $8,620 $72,720 $15,480 $57,240
2018 $7,961 $39,055 $8,590 $30,465
2017 $7,523 $36,903 $9,244 $27,659
2016 $7,377 $36,903 $10,194 $26,709
2015 $3,979 $36,376 $11,796 $24,580
2014 $3,979 $34,338 $11,540 $22,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10603544

Real Estate Board of New York (REBNY)

APN: 05919-0061