NOT LISTED FOR SALE

Estimated Value: $998,000 - $1,172,331

6 Beds
4 Baths
2,700 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $907,000 $336 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,375/month

48 Days on Market

Highlights

  • Main Floor Bedroom
  • 4-minute walk to Brook Avenue
  • Baseboard Heating
  • Walk-In Closet
  • Window Unit Cooling System
  • 1-minute walk to Brook Park

About This Home

As of February 2019

Excellent investment property near NYC. Brick 3 family, built in1994. 2 BR/1 bath, over 1 BR/1 bath, over 3 BR Duplex/2 bath, over a full finish basement. The home has a 2 car driveway and access to yard.

Last Agent to Sell the Property

Veronica Suarez

Connect RE Corp. License #40SU1076200 Listed on: 09/06/2018

Connect RE Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,938

Year Built

  • Built in 1994

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,700 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 02285-0124

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,938

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2700.00
  • Square Footage: 2700.00

Exterior Features

  • Construction Materials: Brick
  • View YN: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Additional Fee Description: sewer
  • Additional Fee Frequency: Yearly
  • Senior Community: No

Fee Information

  • Additional Fee: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 0.0500
  • Lot Size Sq Ft: 2178.00
  • Lot Size Units: Acres
  • Parcel Number: 02285-0124
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2019-02-27
  • Tax Annual Amount: 4938.00
  • Tax Map Number: 02285-0124

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Feb 27, 2019
Sold by
Akwe Edward
Bought by
Feng Wei Shan and Ong Hoon Chuan
Seller's Agent
Veronica Suarez
Connect RE Corp.
List Price
$999,000
Sold Price
$907,000
Premium/Discount to List
-$92,000
-9.21%
Current Estimated Value
$1,122,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,083
Avg. Annual Appreciation
3.24%
Original Mortgage
$652,500
Outstanding Balance
$573,659
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$548,424

Purchase Details

Closed on
Jan 17, 1996
Sold by
Nyc Partnership Housing Development Fund
Bought by
Akwe Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,500
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Feng Wei Shan $907,000 --
Akwe Edward $315,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Wei Shan $652,500
Previous Owner Akwe Edward $204,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $907,000 -9.2% $336 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $999,000 -- $370 / Sq Ft
Source: OneKey® MLS

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 $5,883 $31,046 $3,945 $27,101
2024 $5,883 $29,290 $4,436 $24,854
2023 $5,949 $29,290 $3,814 $25,476
2022 $5,803 $50,700 $7,860 $42,840
2021 $5,771 $53,220 $7,860 $45,360
2020 $5,476 $48,120 $7,860 $40,260
2019 $5,106 $44,220 $7,860 $36,360
2018 $4,976 $24,408 $4,950 $19,458
2017 $4,938 $24,224 $6,944 $17,280
2016 $4,569 $22,853 $5,564 $17,289
2015 $1,919 $21,560 $6,727 $14,833
2014 $1,919 $20,340 $5,741 $14,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4841990

OneKey® MLS

APN: 02285-0124