NOT LISTED FOR SALE

Estimated Value: $1,296,242 - $1,535,000

5 Beds
3 Baths
3,360 Sq Ft
$419/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $1,265,000 $376 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,382/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • Junior High School 259 William McKinley Rated A

About This Home

As of March 2021

Amazing Opportunity to Own this Beautiful 2 Family Brick Home Located in One of the Most Sought-After Neighborhoods. 1st floor consists of 2 Spacious Bedrooms, Semi-Open Kitchen with Granite Countertops. Large Living Room and Dining Room Combo with Parquet Floors. The 2nd-floor Consists of 3 Bedrooms, A Living Room & Dining Room Combo that Leads to the Balcony, Updated Modernized Kitchen with Granite Countertops with Stainless Steel Appliances. Windows in Every Room for Great Ventilation and Natural Lighting. Fully Finished Extra Large Basement Featuring a Spacious Recreational Room, Laundry room, 3/4 bathroom, Direct Access to the Backyard. Conveniently Located near Park, School, Only a Few Minutes Away from Public Transportation, Supermarkets and Much More. WON'T LAST! AN ABSOLUTE MUST SEE!

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 10/16/2020

RE/MAX Edge

Last Buyer's Agent

Minnie Lin

Momentum Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,461

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5857

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,461

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1120
  • Building Length: 56.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other, None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
  • Rooms Total Level1: 3
  • Rooms Total Level2: 5
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 3360
  • Building Stories: 2
  • Street Name I D X: 68
  • Street Number I D X: 627
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000
  • Total Rooms: 14

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 72
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 7461.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Mar 3, 2021
Sold by
627 68 Llc
Bought by
Chen Jin Xia and Chen Shi Liang
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Minnie Lin
Momentum Real Estate LLC
Sold Price
$1,265,000
Current Estimated Value
$1,407,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,061
Avg. Annual Appreciation
2.42%
Original Mortgage
$759,000
Outstanding Balance
$681,934
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$725,127

Purchase Details

Closed on
Aug 18, 2020
Sold by
Tzagarakis Emmanuel
Bought by
627 68 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,838
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2012
Sold by
Tzagarakis Emmanuel and Tzagarakis Harry
Bought by
Tzagarakis Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Tzagarakis Emmanuel and Tzagarakis Harry
Bought by
Tzagarakis Emmanuel

Purchase Details

Closed on
Jul 16, 2003
Sold by
Tzagarakis Harry and Tzagarakis Helen
Bought by
Tzagarakis Emmanuel and Tzagarakis Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,457
Interest Rate
5.28%
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 Jin Xia $1,265,000 --
Chen Jin Xia $1,265,000 --
627 68 Llc -- --
627 68 Llc -- --
Tzagarakis Emmanuel -- --
Tzagarakis Emmanuel -- --
Tzagarakis Emmanuel -- --
Tzagarakis Emmanuel -- --
Tzagarakis Emmanuel -- --
Tzagarakis Emmanuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jin Xia $759,000
Closed Chen Jin Xia $759,000
Previous Owner 627 68 Llc $522,838
Previous Owner Tzagarakis Emmanuel $298,500
Previous Owner Tzagarakis Emmanuel $175,000
Previous Owner Tzagarakis Emmanuel $81,457
Previous Owner Tzagarakis Harry $275,000
Closed Tzagarakis Emmanuel $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $1,265,000 -- $376 / Sq Ft
10/16/2020 10/16/20 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 $8,596 $83,640 $14,760 $68,880
2024 $8,596 $81,120 $14,760 $66,360
2023 $8,692 $86,280 $14,760 $71,520
2022 $8,479 $77,400 $14,760 $62,640
2021 $8,433 $70,980 $14,760 $56,220
2020 $3,790 $79,440 $14,760 $64,680
2019 $7,461 $85,800 $14,760 $71,040
2018 $7,270 $35,665 $8,340 $27,325
2017 $7,215 $35,395 $7,062 $28,333
2016 $6,676 $33,393 $8,997 $24,396
2015 $4,027 $31,503 $10,914 $20,589
2014 $4,027 $29,721 $10,950 $18,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 444601

Brooklyn Board of REALTORS®

APN: 05857-0072