NOT LISTED FOR SALE

Estimated Value: $1,583,000 - $1,904,000

Studio
3 Baths
2,000 Sq Ft
$835/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $1,338,000 $669 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,464/month

Highlights

  • Wood Flooring
  • Back and Front Yard
  • 3-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A-

About This Home

As of November 2021

SUNSET PARK! Beautiful 2 family brick. You should not miss this great opportunity for investment or use. A short distance to 7th Avenue, 8th Avenue and 5th Avenue for all kinds of shopping and business districts. Building size 20x50, Lot size 20x100. Zoning R6B. Finished basement. Excellent condition. The house will deliver vacant at closing. Must see...

Last Agent to Sell the Property

WenpinTommy Zhu

Real Estate Top Sales LLC Listed on: 07/04/2021

Co-Listed By

Frankie Lu

Real Estate Top Sales LLC

Real Estate Top Sales LLC

Last Buyer's Agent

Frankie Lu

Real Estate Top Sales LLC

Real Estate Top Sales LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,583

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • 2,000 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,583

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118000
  • Co List Office Phone: (917) 388-5221
  • Confirmed By M L S Y N: Yes
  • Cross Street: 6th Avenue
  • Cross Street Name2: 7th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2000
  • Street Name I D X: 54th
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 57
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 7583.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Nov 22, 2021
Sold by
Guan Xing Xiu
Bought by
Jerry'S Real Estate Inc
Seller's Agent
WenpinTommy Zhu
Real Estate Top Sales LLC
Buyer's Agent
Frankie Lu
Real Estate Top Sales LLC
Sold Price
$1,338,000
Current Estimated Value
$1,670,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,034
Avg. Annual Appreciation
5.49%
Original Mortgage
$735,900
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1998
Sold by
Weber Edward
Bought by
Guan Xing Xiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jerry'S Real Estate Inc $1,338,000 --
Guan Xing Xiu $250,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jerry'S Real Estate Inc $735,900
Previous Owner Guan Xing Xiu $768
Previous Owner Guan Xing Xiu $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $1,338,000 -- $669 / Sq Ft
07/04/2021 07/04/21 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 $8,772 $97,980 $25,500 $72,480
2024 $8,772 $92,040 $25,500 $66,540
2023 $8,369 $93,720 $25,500 $68,220
2022 $7,939 $87,540 $25,500 $62,040
2021 $7,962 $83,640 $25,500 $58,140
2019 $7,321 $81,120 $25,500 $55,620
2018 $6,702 $34,338 $9,955 $24,383
2017 $6,700 $34,338 $13,207 $21,131
2016 $6,263 $32,878 $14,420 $18,458
2015 $3,687 $31,020 $15,444 $15,576
2014 $3,687 $30,330 $17,674 $12,656
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 453565

Brooklyn Board of REALTORS®

APN: 00817-0057