NOT LISTED FOR SALE

Estimated Value: $1,373,000 - $1,632,625

5 Beds
2 Baths
2,242 Sq Ft
$663/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2022

Last sale price $1,450,000 $647 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,746 / mo

57 Days on Market

Highlights

  • Community Garden
  • 3-minute walk to Kings Highway (F Line)
  • Garage
  • P.S. 215 Morris H Weiss Rated A-
  • Garden
  • 3-minute walk to McDonald Playground

About This Home

As of October 2022

Lovingly occupied and maintained by the same family for over 30 years, 62 Lake Street is a large, semi-detached two-family brick home located in Gravesend. The garden level consists of two bedrooms, a spacious living room, an eat-in-kitchen and full bath with an interior stairwell leading to a full sized, semi-finished basement and access to the full backyard. The bright and airy upper duplex has three bedrooms, a living room, formal dining room, kitchen, and full bath. Throughout, you will find high ceilings and beautiful original hardwood floors. A shared driveway leads to a 2-car garage and expansive yard. Located within steps of transportation, a 4-minute walk to the F at Kings Highway, and an array of shops and services on Avenue U. This is a wonderful place to call home.

Last Agent to Sell the Property

Paul Paglia

Garfield Realty Corp License #10311203732 Listed on: 03/29/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 23.0 x 100.0
  • Garden

Parking

  • Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

Overview

  • 2 Units
  • Gravesend Subdivision

Amenities

  • Community Garden

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

2,300 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Gravesend
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 2242.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Area: 2300.0
  • Lot Size Dimensions: 23.0 x 100.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Oct 3, 2022
Sold by
Anna Guarnieri As Co-Executor
Bought by
Lei Fuqiang and Lei Wen Fu
Seller's Agent
Paul Paglia
Garfield Realty Corp
List Price
$1,450,000
Sold Price
$1,450,000
Views
2
Current Estimated Value
$1,487,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,156
Avg. Annual Appreciation
0.72%
Original Mortgage
$920,000
Outstanding Balance
$873,874
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$613,282
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lei Fuqiang $1,446,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Fuqiang $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2022 12/18/22 Off Market $1,450,000 -- --
10/14/2022 10/14/22 Sold $1,450,000 0.0% $647 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $1,450,000 -- $647 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2026 $10,332 $94,620 $14,580 $80,040
2025 $9,747 $108,660 $14,580 $94,080
2024 $9,747 $93,240 $14,580 $78,660
2023 $9,298 $82,020 $14,580 $67,440
2022 $8,840 $89,880 $14,580 $75,300
2021 $9,320 $91,020 $14,580 $76,440
2019 $4,334 $76,800 $14,580 $62,220
2018 $7,480 $38,154 $7,002 $31,152
2017 $3,462 $36,903 $9,293 $27,610
2016 $3,068 $36,903 $9,160 $27,743
2015 $1,661 $35,722 $11,124 $24,598
2014 $1,661 $33,700 $10,871 $22,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10801862

Real Estate Board of New York (REBNY)

APN: 06679-0032

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