Seller's Agent in 2023
Jason Zhou
RE/MAX Edge
(347) 988-5318
8 in this area
178 Total Sales
549 68th St Brooklyn, NY 11220
Bay Ridge NeighborhoodEstimated Value: $1,057,000 - $1,229,000
5
Beds
2
Baths
1,580
Sq Ft
$717/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 5-minute walk to Bay Ridge Avenue
- Heating System Uses Steam
- P.S./I.S. 30 - The Mary White Ovington School Rated A-
- Multiple cooling system units
- Back and Front Yard
About This Home
As of May 2023Presenting this Rare-Find Brick Constructed Single-Family in excellent condition is conveniently located in the most sought-after Prime Bay Ridge Neighborhood and few steps away from Sunset Park. It is a short distance to the center of all commercial businesses and a family's daily needs. This home features a four(5)-bedrooms duplex apartment with 3-bedrooms/a living room/a full bathroom on the top floor over 2-bedrooms/3/4 bathroom/kitchen/living room on the 1st floor over finished basement with separate entrance from the front, high basement ceiling, skylight on top floor, excellent condition with renovation being done couple years ago from top to bottom, building dimension 20x33' but 1st floor has a front/rear extension for additional living space sitting on 20x75.5' lot and annual property tax $6825. Won't Last!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,028
Year Built
- Built in 1915
Lot Details
- 1,510 Sq Ft Lot
- Lot Dimensions are 20x75.5
- Irregular Lot
- Back and Front Yard
- Property is zoned R4-1
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 1,580 Sq Ft Home
- 2-Story Property
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5856
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2022
Closed on
May 22, 2023
Sold by
Wang Ji Hong and Zhou Hai Fen
Bought by
Lin Sen
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
List Price
$1,060,000
Sold Price
$965,000
Premium/Discount to List
-$95,000
-8.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,249
Avg. Annual Appreciation
7.34%
Original Mortgage
$300,000
Outstanding Balance
$292,296
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$840,953
Purchase Details
Closed on
Jul 29, 2010
Sold by
Contessa Thomas
Bought by
Wang Ji Hong and Zhou Hai Fen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2002
Sold by
Garry William J and Contessa Agnes Est
Bought by
Contessa Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Sen | $965,000 | -- | |
| Wang Ji Hong | $529,000 | -- | |
| Contessa Thomas | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Sen | $300,000 | |
| Previous Owner | Wang Ji Hong | $317,000 | |
| Previous Owner | Contessa Thomas | $42,110 | |
| Previous Owner | Contessa Thomas | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2023 05/22/23 | Sold | $965,000 | -3.4% | $611 / Sq Ft |
| 02/17/2023 02/17/23 | Price Changed | $999,000 | -5.8% | $632 / Sq Ft |
| 12/14/2022 12/14/22 | For Sale | $1,060,000 | -- | $671 / Sq Ft |
| 12/14/2022 12/14/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $7,436 | $84,300 | $10,980 | $73,320 |
| 2024 | $7,436 | $66,600 | $10,980 | $55,620 |
| 2023 | $7,225 | $74,400 | $10,980 | $63,420 |
| 2022 | $5,028 | $66,000 | $10,980 | $55,020 |
| 2021 | $6,658 | $62,880 | $10,980 | $51,900 |
| 2020 | $3,273 | $60,180 | $10,980 | $49,200 |
| 2019 | $6,161 | $60,180 | $10,980 | $49,200 |
| 2018 | $5,983 | $30,812 | $7,057 | $23,755 |
| 2017 | $5,650 | $29,186 | $6,847 | $22,339 |
| 2016 | $5,195 | $27,536 | $7,240 | $20,296 |
| 2015 | $3,321 | $27,253 | $8,604 | $18,649 |
| 2014 | $3,321 | $25,712 | $9,738 | $15,974 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Zhou
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 470592
APN: 05856-0085
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