NOT LISTED FOR SALE

Estimated Value: $548,176 - $647,000

2 Beds
1 Bath
720 Sq Ft
2007 Built

Last Sold October 25, 2022

Last sale price $630,000 $875 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,121/month

Highlights

  • Wood Flooring
  • Terrace
  • Window Unit Cooling System
  • IS 220 John J. Pershing Rated A-
  • Elevator
  • 4-minute walk to Rainbow Playground

About This Home

As of October 2022

Prime 3rd floor condo in Sunset Park! Features 2 bedrooms, a full bath, an eat-in kitchen, a combined living/dining room, a balcony that provides a partial view of the Brooklyn Bridge, and air conditioning. Accessible by elevator. Hardwood and tile flooring throughout. This condo is surrounded by all the supermarkets, banks, schools, and restaurants that 5th Ave, 7th Ave, and 8th Ave have to offer, as well as being minutes from B11, B63, and B70 bus stations, N and R subway stations, and Sunset Park. 11-year tax abatement. All of this can be yours for a reasonable price: a $252.59 monthly common fee and an annual tax of $77.

Last Agent to Sell the Property

Jie Min Xia

Momentum Real Estate LLC Listed on: 07/21/2022

Last Buyer's Agent

Dan Dong

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Home Design

  • 720 Sq Ft Home
  • Entry on the 3rd floor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Stove
  • Terrace

Listing and Financial Details

  • Tax Block 793
  • Property eligible for a tax abatement

Community Details

Overview

  • 9 Units
  • Association Phone (718) 854-0777
  • 5015 6Th Ave Condo
  • Property managed by Bayshine Management Inc

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 50th St
  • Cross Street Name2: 51st St
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 252.59
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Elevator, Refrigerator, Stove, Terrace
  • Fill Sq Ft Total: 720
  • Street Name I D X: 6th
  • Waterfront Present: No
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Entry Floor: 3
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1205

Utilities

  • Air Conditioning Units: 1
  • Heating Fuel: Gas
  • Utilities: Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Bayshine Management Inc
  • Manager Phone: 718-854-0777
  • Units In Building: 9

Lot Info

  • Building Project Name: 5015 6th Ave Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 25, 2022
Sold by
Chen Zhi Mou and Wang Ying
Bought by
Huang Aiqing and Wang You
Seller's Agent
Jie Min Xia
Momentum Real Estate LLC
Buyer's Agent
Dan Dong
RE/MAX Edge
Sold Price
$630,000
Current Estimated Value
$596,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,956
Avg. Annual Appreciation
-1.73%
Original Mortgage
$335,000
Outstanding Balance
$323,422
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$272,622

Purchase Details

Closed on
Feb 24, 2020
Sold by
Chen Zhi Mou and Wang Ying
Bought by
Chen Zhi Mou and Wang Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2008
Sold by
5016 Llc
Bought by
Chen Zhi Mou and Wang Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,300
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Huang Aiqing $630,000 --
Huang Aiqing $630,000 --
Chen Zhi Mou -- --
Chen Zhi Mou -- --
Chen Zhi Mou $349,000 --
Chen Zhi Mou $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Aiqing $335,000
Closed Huang Aiqing $335,000
Closed Chen Zhi Mou $260,000
Previous Owner Chen Zhi Mou $244,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $630,000 -- $875 / Sq Ft
07/21/2022 07/21/22 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 $78 $90,232 $4,104 $86,128
2024 $78 $75,210 $4,104 $71,106
2023 $77 $62,675 $4,104 $58,571
2022 $76 $61,583 $4,104 $57,479
2021 $77 $72,418 $4,104 $68,314
2020 $38 $79,423 $4,104 $75,319
2019 $79 $93,340 $4,104 $89,236
2018 $79 $71,199 $2,504 $68,695
2017 $79 $68,992 $2,820 $66,172
2016 $80 $63,882 $3,105 $60,777
2015 $63 $59,150 $3,449 $55,701
2014 $63 $54,769 $3,278 $51,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 464415

Brooklyn Board of REALTORS®

APN: 00793-1205