NOT LISTED FOR SALE

5008 7 Ave Unit 5E Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $674,782 - $1,053,000

3 Beds
2 Baths
879 Sq Ft
2008 Built

Last Sold June 03, 2019

Last sale price $652,800 $743 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,132/month

Highlights

  • Wood Flooring
  • Elevator
  • Multiple cooling system units
  • IS 220 John J. Pershing Rated A-
  • Handicap Accessible
  • Heating System Uses Steam

About This Home

As of June 2019

All Info Not Guaranteed, Prospective Buyer Should Re-Verify All Info By Self. Sunset Park Prime Location! 3 Bedrooms 2 Bathroom +balcony Condo On 7th Ave And 50th Street. 879 SQFT On 5th Floor. Features With Elevator. Building Was Built In 2008. Common Fee Is $287. Tax Is $48 Annually With 15 More Years Tax Abatement.

Last Agent to Sell the Property

Shuxin Lin

Winzone Realty Inc Listed on: 12/04/2018

Winzone Realty Inc

Last Buyer's Agent

Dan Dong

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 879 Sq Ft Home
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Handicap Accessible

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 793
  • Property eligible for a tax abatement

Community Details

Overview

  • 41 Units
  • Association Phone (347) 758-2666
  • 5008 7Th Ave Condo
  • Property managed by 5008 7th Ave Condo

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 51st Street
  • Cross Street Name2: 50th Street
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Heat Delivery: Steam/Radiator
  • Maintenance Common Fee: 287.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Elevator, Refrigerator, Stove
  • Fill Sq Ft Total: 879
  • Street Name I D X: 7
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Entry Floor: 5
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1031

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Water

Condo/Co-op/Association

  • Management Company: 5008 7th Ave Condo
  • Manager Phone: 347-758-2666
  • Units In Building: 41

Lot Info

  • Building Project Name: 5008 7th Ave Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Chen Xue Jiao and Dong Xiu Chao
Bought by
Dong As Trustee Mei Hua and Xjc & Xcd Family Trust
Current Estimated Value
$795,196

Purchase Details

Listed on
Dec 4, 2018
Closed on
May 31, 2019
Sold by
Jiang Wei and Dijiang Yi Di
Bought by
Chen Xue Jiao and Dong Xiu Chao
Seller's Agent
Shuxin Lin
Winzone Realty Inc
Buyer's Agent
Dan Dong
RE/MAX Edge
Sold Price
$652,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
May 15, 2012
Sold by
Win Hang Realty Corporation
Bought by
Jiang Wei and Dijiang Yi Di

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Dong As Trustee Mei Hua -- --
Chen Xue Jiao $652,800 --
Jiang Wei $436,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Wei $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $652,800 -- $743 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $38 $58,453 $2,981 $55,472
2024 $38 $57,656 $2,981 $54,675
2023 $37 $56,927 $2,981 $53,946
2022 $37 $55,796 $2,981 $52,815
2021 $37 $48,033 $2,981 $45,052
2020 $38 $55,971 $2,981 $52,990
2019 $29 $55,431 $2,981 $52,450
2018 $39 $51,543 $2,981 $48,562
2017 $39 $49,910 $2,981 $46,929
2016 $39 $45,711 $2,981 $42,730
2015 $31 $42,120 $2,981 $39,139
2014 $31 $39,960 $2,981 $36,979
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shuxin Lin

    Winzone Realty Inc

    (718) 676-6611

    2 Total Sales

    Shuxin Lin
    Section Image
  • Dan Dong

    Buyer's Agent in 2019

    Dan Dong

    RE/MAX

    (929) 291-9897

    33 in this area

    285 Total Sales

    Dan Dong
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 425588

Brooklyn Board of REALTORS®

APN: 00793-1031

New York Kings County Brooklyn 11220 Sunset Park

5008 7 Ave Unit 5E, Brooklyn, NY

Not Listed for Sale

Condos

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