NOT LISTED FOR SALE

Estimated Value: $635,000 - $756,000

2 Beds
2 Baths
819 Sq Ft
1922 Built

Last Sold January 15, 2021

Last sale price $535,000 $653 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,003/month

Highlights

  • Intercom to Front Desk
  • Multiple cooling system units
  • 4-minute walk to Sunset Park
  • IS 220 John J. Pershing Rated A

About This Home

As of January 2021

Welcome to this Beautiful Brownstone Condominium located in the Sunset Park area. Consisting of 2 bedrooms / 2 full bath, currently used as 3 bedrooms, windows in every room for great ventilation, large built-in closets in each bedroom. Kitchen features Custom Wood Cabinets, Granite Countertop, Stainless Appliances with Dishwasher. Recessed lighting throughout. The building was fully restored and renovated in 2008 providing security cameras on every floor. 819 sqft, Super Low Maint. Fee $256, with NO TAX $0, tax abatement is still available. Conveniently near Sunset Park, subway, bus, restaurants, supermarket, schools, and much more!

Last Agent to Sell the Property

Mandy Shi

Momentum Real Estate LLC Listed on: 08/19/2020

Last Buyer's Agent

Jie Min Xia

Momentum Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1922

Home Design

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

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 757
  • Property eligible for a tax abatement

Community Details

Overview

  • 8 Units
  • Association Phone (516) 319-0604
  • Sunset Heights Condominium Condos
  • Property managed by Sunset Heights Condominium

Amenities

  • Intercom to Front Desk

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,589

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5th Ave
  • Cross Street Name2: 6th Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 256.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Refrigerator, Stove
  • Rooms Total Level1: 5
  • Fill Sq Ft Total: 819
  • Street Name I D X: 46
  • Street Number I D X: 548
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Floor: 3
  • Room Count: 7
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1205

Utilities

  • Air Conditioning Units: 3
  • Utilities: Water

Condo/Co-op/Association

  • Management Company: Sunset Heights Condominium
  • Manager Phone: 516-319-0604
  • Units In Building: 8

Lot Info

  • Building Project Name: Sunset Heights Condominium

Tax Info

  • Tax Abatement: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Jan 14, 2021
Sold by
Chen Li Xin and Chen Yanping
Bought by
Chen Lixiu and Zou Chang Zhong
Seller's Agent
Mandy Shi
Momentum Real Estate LLC
Buyer's Agent
Jie Min Xia
Momentum Real Estate LLC
Sold Price
$535,000
Current Estimated Value
$706,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,207
Avg. Annual Appreciation
5.97%
Original Mortgage
$320,000
Outstanding Balance
$285,400
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,807

Purchase Details

Closed on
Apr 30, 2013
Sold by
Fernandez Jose A
Bought by
Chen Li Xin and Chen Yanping

Purchase Details

Closed on
Sep 16, 2008
Sold by
Sunset Park Realty Llc
Bought by
Fernandez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Chen Lixiu $535,000 --
Chen Li Xin $317,500 --
Chen Li Xin $317,500 --
Fernandez Jose A $400,000 --
Fernandez Jose A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lixiu $320,000
Previous Owner Fernandez Jose A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $535,000 -- $653 / Sq Ft
08/19/2020 08/19/20 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 $3,589 $84,986 $7,202 $77,784
2024 $3,589 $76,103 $7,202 $68,901
2023 $941 $73,127 $7,202 $65,925
2022 $473 $71,878 $7,202 $64,676
2021 $92 $64,772 $7,202 $57,570
2020 $69 $70,918 $7,202 $63,716
2019 $0 $73,751 $7,202 $66,549
2018 $1,352 $20,447 $1,597 $18,850
2017 $1,290 $19,354 $1,757 $17,597
2016 $1,269 $18,530 $2,000 $16,530
2015 -- $18,345 $2,376 $15,969
2014 -- $16,987 $2,259 $14,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 441829

Brooklyn Board of REALTORS®

APN: 00757-1205