NOT LISTED FOR SALE

Estimated Value: $1,397,539 - $1,585,000

4 Beds
3 Baths
2,730 Sq Ft
$537/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $1,220,000 $447 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,577/month

107 Days on Market

Highlights

  • Pre War Building
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • 5-minute walk to Bay Ridge Avenue

About This Home

As of December 2018

Newly listed!! This beautiful two-family brick townhouse has been well maintained by the same family for many years. Currently used as a two-bedroom rental over the owners one +bedroom apartment, this house can easily be converted to a lovely and spacious -- one family. The first floor features a living room, dining room, den, bedroom, bath and a country kitchen with a door leading out to the backyard and patio.The second floor has a similar layout to the first, but with an additional bedroom. Charming original oak trim and banisters can be found in the entrance and hallway, as well as high ceilings throughout. The lower level has been renovated, which both extends the owners living space and offers extra space for visiting guests who have the luxury of their own private entrance. Here you will find a large recreation room, an office or extra bedroom, a bathroom plus a separate laundry/mechanical room. The south-facing backyard has a patio for outdoor dining and wonderful gardens below. Ideally located in Bay Ridge near shops and restaurants along Fifth and Third Avenues and an easy commute to Manhattan by the nearby R train or ferry on Bay Ridge Avenue.

Last Agent to Sell the Property

Diane Henning

Corcoran Group License #10301203167 Listed on: 08/02/2018

Corcoran Group

Co-Listed By

Alexandra Gupta

Corcoran Group License #10301217843

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 100.0 x 19.0

Community Details

  • 2 Units
  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Block 5909

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 5th Avenue & 4th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 19.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 5909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Dec 18, 2018
Sold by
Erik Holtz As Trustee and John Tonnessen Trust
Bought by
Wang Jiaping and Wang Jiawei
Seller's Agent
Diane Henning
Corcoran Group
List Price
$1,200,000
Sold Price
$1,220,000
Premium/Discount to List
$20,000
1.67%
Current Estimated Value
$1,467,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,135
Avg. Annual Appreciation
2.64%
Original Mortgage
$600,000
Outstanding Balance
$527,621
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$939,514

Purchase Details

Closed on
Apr 19, 1995
Sold by
Tonnessen Odd and Tonnessen Esther
Bought by
Tonnessen John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Jiaping $1,220,000 --
Wang Jiaping $1,220,000 --
Wang Jiaping $1,220,000 --
Tonnessen John -- Commonwealth Land Title Ins
Tonnessen John -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jiaping $600,000
Closed Wang Jiaping $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $1,220,000 +1.7% $447 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $1,200,000 -- $440 / 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 $10,870 $72,240 $13,500 $58,740
2024 $10,870 $85,020 $13,500 $71,520
2023 $10,467 $89,160 $13,500 $75,660
2022 $9,859 $81,180 $13,500 $67,680
2021 $8,867 $74,580 $13,500 $61,080
2019 $8,170 $71,040 $13,500 $57,540
2018 $7,683 $36,903 $7,361 $29,542
2017 $6,512 $35,112 $6,840 $28,272
2016 $2,889 $35,112 $7,626 $27,486
2015 $1,559 $34,485 $9,579 $24,906
2014 $1,559 $32,546 $10,082 $22,464
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10420875

Real Estate Board of New York (REBNY)

APN: 05909-0029