NOT LISTED FOR SALE

Estimated Value: $1,426,000 - $1,824,000

7 Beds
4 Baths
3,360 Sq Ft
$466/Sq Ft Est. Value

Last Sold April 03, 2022

Last sale price $1,360,000 $405 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,022/month

445 Days on Market

Highlights

  • Colonial Architecture
  • Junior High School 259 William McKinley Rated A
  • Eat-In Kitchen

About This Home

As of April 2022

This home is located at 571 74th St, Brooklyn, NY 11209 since 09 November 2020 and is currently estimated at $1,565,428, approximately $465 per square foot. This property was built in 1901. 571 74th St is a home located in Kings County with nearby schools including Junior High School 259 William McKinley, Fort Hamilton High School, and St Ephrem School.

Last Agent to Sell the Property

Xiao Feng Pan

Winzone Realty Inc License #31PA0929296 Listed on: 11/09/2020

Winzone Realty Inc

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,186

Year Built

  • Built in 1901

Lot Details

  • 1,955 Sq Ft Lot
  • Lot Dimensions are 20x95
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Kitchen

  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Partially Finished Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,186

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Building Size: 20x55
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-899-7000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Partially Finished
  • Inclusions: Refrigerator, Second Stove
  • Total Bedrooms: 7
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2020-11-10
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 20x95
  • Lot Size Sq Ft: 1955.00
  • Lot Size Units: Acres
  • Zoning Description: R5B
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-04-03
  • Tax Annual Amount: 9186.00

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Chen Xiu Mei and Zheng Zhi Qiang
Bought by
Zheng Fa Hui and Zou Ping Lin
Current Estimated Value
$1,565,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$696,516
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$868,912

Purchase Details

Closed on
Feb 18, 2014
Sold by
Desmond Rosalie
Bought by
Chen Xiu Mei and Zheng Zhi Qiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.39%
Mortgage Type
New Conventional
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
Zheng Fa Hui $1,360,000 --
Chen Xiu Mei $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Fa Hui $750,000
Closed Chen Xiu Mei $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2022 04/03/22 Sold $1,360,000 0.0% $405 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
11/08/2021 11/08/21 Off Market $1,360,000 -- --
11/09/2020 11/09/20 For Sale $1,390,000 -- $414 / Sq Ft
Source: OneKey® MLS

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 $9,931 $82,140 $14,040 $68,100
2024 $9,931 $89,160 $14,040 $75,120
2023 $9,518 $96,960 $14,040 $82,920
2022 $8,840 $79,380 $14,040 $65,340
2021 $9,320 $76,500 $14,040 $62,460
2020 $4,567 $80,760 $14,040 $66,720
2019 $8,620 $76,800 $14,040 $62,760
2018 $7,961 $39,055 $8,754 $30,301
2017 $7,523 $36,903 $8,609 $28,294
2016 $7,377 $36,903 $9,926 $26,977
2015 $1,490 $36,376 $11,395 $24,981
2014 $1,490 $34,338 $12,628 $21,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3267880

OneKey® MLS

APN: 05920-0043