$390,000
SOLD OCT 3, 2023
1 Bed
1.5 Baths
792 Sq Ft
436 Sq Ft Lot

Recently Sold

$492 Per Sq Ft

0 Day on Market

Highlights

  • Wood Flooring
  • Handicap Accessible
  • Multiple cooling system units

About This Home

As of October 2023

Can you find a condo that over 700 sqft of livable space in South Brooklyn for this price? introducing this spacious 792 sqft condo in the Gravesend neighborhood. The condo unit is located on the first floor featuring 1 huge bedroom, 1 full bathroom, 1 half bathroom, living room and dining combined, and an eat-in kitchen. The condo has an open layout with a high ceiling and hardwood floor throughout. Eat-In Kitchen has granite countertops and a kitchen range hood which improve the ventilation. The condo also has 6 years of tax abatement. The property tax is $457 per year only! The HOA fee is $266.52 including water, sewer, snow removal, and trash removal. It's conveniently located near Public transportation (F & N Train; B4 & b1 Bus), Shopping, fitness center, supermarket, and school. Just do a minor touch-up and make it to your dream home!

Last Agent to Sell the Property

Allan Zhu

RE/MAX Edge License #10401257062 Listed on: 07/19/2023

RE/MAX Edge

Last Buyer's Agent

Jay Zhang

Robert Defalco Realty Inc

Robert Defalco Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $457

Year Built

  • Built in 2007

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 792 Sq Ft Home
  • Wood Flooring
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom

Accessible Home Design

  • Handicap Accessible

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System

Listing and Financial Details

  • Tax Block 7232
  • Property eligible for a tax abatement

Community Details

Overview

  • 21 Units
  • Association Phone (718) 238-9879
  • Shell Road Condominium Condos
  • Property managed by Arcadia Condo

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$457

Year Built

Built in 2007

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: Shell Rd
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 266.52
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Microwave, Refrigerator
  • Fill Sq Ft Total: 792
  • Street Name I D X: Avenue Z
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Entry Floor: 1
  • Pets Allowed: Yes
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1001

Utilities

  • Air Conditioning Units: 2
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Management Company: Arcadia Condo
  • Manager Phone: 718-238-9879
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 21

Lot Info

  • Building Project Name: Shell Road Condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 457.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Huang Ai Ying and Wu Riben
Bought by
Wu Ri Ben
Current Estimated Value
$451,863

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 28, 2023
Sold by
Huang Yue Xi and Li Kong Huai
Bought by
Huang Aiying and Wu Riben
Seller's Agent
Huan Lo
Homes R Us Realty of NY, Inc.
Buyer's Agent
Broker Non-MLS
MLS
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$80,000
Outstanding Balance
$78,427
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$373,436

Purchase Details

Closed on
Dec 10, 2014
Sold by
Hrcf Iii - Shell Road Owner Llc and % Hudson Realty Capital Llc
Bought by
Huang Yue Xi and Li Kong Huai
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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $390,000 --
Deed $290,004 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2023 10/03/23 Sold $390,000 -2.5% $492 / Sq Ft View Prior Sale
08/17/2023 08/17/23 Off Market $400,000 -- --
07/20/2023 07/20/23 For Sale $400,000 -- $505 / Sq Ft
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 $3,908 $25,349 $1,491 $23,858
2024 $3,908 $26,654 $1,491 $25,163
2023 $2,847 $23,556 $1,491 $22,065
2022 $1,828 $21,717 $1,491 $20,226
2021 $1,015 $20,217 $1,491 $18,726
2020 $1,015 $23,372 $1,491 $21,881
2019 $204 $24,601 $1,491 $23,110
2018 $198 $25,689 $1,328 $24,361
2017 $198 $26,729 $1,491 $25,238
2016 $194 $31,446 $1,491 $29,955
2015 -- $36,996 $1,491 $35,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 475594

Brooklyn Board of REALTORS®

APN: 07232-1001