NOT LISTED FOR SALE

Estimated Value: $1,100,208 - $1,326,000

7 Beds
3 Baths
2,400 Sq Ft
$526/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $1,100,000 $458 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,019/month

Highlights

  • Heating System Uses Steam
  • Back Yard
  • 5-minute walk to 45 Street

About This Home

As of November 2019

2 Family at Sunset Park, now 20x45 1/fl, 20x40 2/3 fl. sale with approve 4 family plans. House will be 20x60 , 1/Fl one family with 2 bed room, 2/fl one family 3 bed room , 3/fl 2 family, 2 bed room and 2 bed room.

Last Agent to Sell the Property

Yu Xiao (Mary) Wu

Listed on: 08/15/2018

Last Buyer's Agent

Phoebe Burger

Ben Bay Realty Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,967

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Vinyl Siding
  • Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 220 Volts
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,967

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 3.10
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4TH AVE.
  • Cross Street Name2: 5TH AVE.
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 2400
  • Building Stories: 3
  • Street Name I D X: 48
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Other
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Siding, Vinyl Siding
  • Foundation Details: Other
  • Lot Number: 33
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Oil
  • Hot Water: Oil

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 4967.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Nov 25, 2019
Sold by
L & Z Associates At 5Th Avenue Inc
Bought by
Chan Shao Fa and Chan Su Hou
Seller's Agent
Yu Xiao (Mary) Wu
Buyer's Agent
Phoebe Burger
Ben Bay Realty Co
Sold Price
$1,100,000
Current Estimated Value
$1,261,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,302
Avg. Annual Appreciation
2.25%
Original Mortgage
$750,000
Outstanding Balance
$663,166
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$598,136

Purchase Details

Closed on
May 26, 2016
Sold by
Cheng Jui Yuan
Bought by
L & Z Associates At 5Th Avenue Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2008
Sold by
Disla David
Bought by
Cheng Jui Yuan and Miao Shu Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1998
Sold by
Grijalva Nelson
Bought by
Disla David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back
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
Chan Shao Fa $1,100,000 --
L & Z Associates At 5Th Avenue Inc $990,000 --
Cheng Jui Yuan $610,000 --
Disla David $180,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Shao Fa $750,000
Previous Owner L & Z Associates At 5Th Avenue Inc $495,000
Previous Owner Cheng Jui Yuan $457,500
Previous Owner Disla David $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $1,100,000 -- $458 / Sq Ft
08/15/2018 08/15/18 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 $5,872 $67,260 $16,380 $50,880
2024 $5,872 $62,700 $16,380 $46,320
2023 $5,938 $76,920 $16,380 $60,540
2022 $5,658 $69,780 $16,380 $53,400
2021 $5,753 $64,440 $16,380 $48,060
2020 $2,699 $74,280 $16,380 $57,900
2019 $5,097 $65,280 $16,380 $48,900
2018 $4,967 $24,364 $6,316 $18,048
2017 $4,815 $23,620 $6,696 $16,924
2016 $4,554 $22,780 $7,932 $14,848
2015 $2,688 $21,496 $10,359 $11,137
2014 $2,688 $20,304 $8,324 $11,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 422864

Brooklyn Board of REALTORS®

APN: 00774-0033