NOT LISTED FOR SALE

Estimated Value: $1,539,142 - $1,888,000

Studio
3 Baths
2,400 Sq Ft
$718/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $1,370,000 $571 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,907/month

Highlights

  • Wood Flooring
  • Side Yard
  • Private Driveway
  • Junior High School 259 William McKinley Rated A
  • Baseboard Heating
  • Laundry Facilities

About This Home

As of October 2023

Bright And Spacious 4 Br Apt Unit With Formal Dinning Room, Living Room, & Dent/Office In The Heart Of Bay Ridge. Near Shopping Mall, Supermarkets, Parks, Local Conveniences And Many More. Close To Train Station And Major Highway. Lots Of Room, Lots Of Space, And Lots Of Lights. Act Fast, This Unit Will Not Last!!!

Last Agent to Sell the Property

HuiLing Lin

Winzone Realty Inc Listed on: 03/05/2023

Winzone Realty Inc

Last Buyer's Agent

HuiLing Lin

Winzone Realty Inc Listed on: 03/05/2023

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Side Yard

Home Design

  • 2,400 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Parking

  • Private Driveway
  • Parking Lot

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Finished Basement

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5981

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Length: 64.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5 Ave
  • Cross Street Name2: 6 Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, None
  • Fill Sq Ft Total: 2400
  • Street Name I D X: 79th
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 3000

Exterior Features

  • Yard: Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 30
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
Oct 13, 2023
Sold by
Lin Huiling
Bought by
Cheng Bik Fong and Lin Jeff
Seller's Agent
HuiLing Lin
Winzone Realty Inc
Buyer's Agent
HuiLing Lin
Winzone Realty Inc
List Price
$1,690,000
Sold Price
$1,370,000
Premium/Discount to List
-$320,000
-18.93%
Views
2
Current Estimated Value
$1,734,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,593
Avg. Annual Appreciation
10.23%
Original Mortgage
$929,500
Outstanding Balance
$911,462
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$811,074

Purchase Details

Closed on
May 21, 2014
Sold by
Chang Choy Lan Young
Bought by
Lin Huiling

Purchase Details

Closed on
Aug 13, 1998
Sold by
Chang David and Chang Choy Lan
Bought by
Chang David and Chang Choy Lan

Purchase Details

Closed on
Jul 25, 1995
Sold by
Carney Florence and Destasi Elizabeth
Bought by
Chang David and Chang Choy Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cheng Bik Fong $1,370,000 --
Lin Huiling $960,000 --
Chang David $40,000 --
Chang David $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Bik Fong $929,500
Previous Owner Chang David $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $1,370,000 -17.0% $571 / Sq Ft
04/20/2023 04/20/23 Price Changed $1,650,000 +3.8% $688 / Sq Ft
04/10/2023 04/10/23 Price Changed $1,590,000 -5.9% $663 / Sq Ft
03/05/2023 03/05/23 For Sale $1,690,000 -- $704 / Sq Ft
03/05/2023 03/05/23 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 $10,795 $85,500 $18,120 $67,380
2024 $10,795 $81,720 $18,120 $63,600
2023 $10,401 $86,280 $18,120 $68,160
2022 $9,646 $82,560 $18,120 $64,440
2021 $9,593 $77,820 $18,120 $59,700
2019 $9,369 $77,340 $18,120 $59,220
2018 $8,700 $42,679 $11,140 $31,539
2017 $8,208 $40,264 $10,945 $29,319
2016 $7,594 $37,987 $11,553 $26,434
2015 $1,852 $37,987 $11,926 $26,061
2014 $1,852 $37,324 $13,024 $24,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472288

Brooklyn Board of REALTORS®

APN: 05981-0030

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