NOT LISTED FOR SALE

Estimated Value: $1,466,816 - $1,602,000

5 Beds
2 Baths
3,085 Sq Ft
$488/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $1,400,000 $454 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,050/month

26 Days on Market

About This Home

As of February 2023

Magnificent 2 family brick house in Sunset Park. This home sit on a 20x100 lot, with a building size of 20x60! House was legally extended by 10 feet. 1st floor feature 2 bedrooms, full bath, open kitchen, living room and dining room. Bedrooms have access to backyard. 2nd floor features 3 bedrooms, full bath, open kitchen, large living room and dining room. Master bedroom comes with beautiful balcony and access to backyard. Finished basement.. Updated gas and electricity. Perfectly located in Sunset Park and convenient to all transportation, R, D train, B70, B63 and B11. Rent potential of $2500 per unit in the area. R6B zoning with potential to build 4-5 stories. Please call/text Irene at 646-470-0855 for showing. ID#422-024

Last Agent to Sell the Property

Jean Paul Ho

Brooklyn Real Property Inc License #10311203460 Listed on: 10/04/2022

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Sunset Park Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed

Beds/Baths

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

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Feb 9, 2023
Sold by
Chan Daniel and Chen Ming Jun
Bought by
Qiu Ming Can and Zheng Hui Juan
Seller's Agent
Jean Paul Ho
Brooklyn Real Property Inc
List Price
$1,580,000
Sold Price
$1,400,000
Premium/Discount to List
-$180,000
-11.39%
Views
26
Current Estimated Value
$1,424,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,660
Avg. Annual Appreciation
2.52%
Original Mortgage
$700,000
Outstanding Balance
$678,037
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$827,667

Purchase Details

Closed on
Sep 10, 2020
Sold by
Chan Jimmy Kim Hung and Chan Kim Hung
Bought by
Chan Daniel

Purchase Details

Closed on
Dec 9, 2012
Sold by
Chan Kim Wai
Bought by
Chen Ming Jun and Huang Wen Hua

Purchase Details

Closed on
Jun 27, 2003
Sold by
Chan Kim Ho
Bought by
Chan Kim Hung and Jimmy Kim Hung Chan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,113
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Qiu Ming Can $1,400,000 --
Chan Daniel -- --
Chen Ming Jun -- --
Chan Kim Hung $72,219 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Ming Can $700,000
Previous Owner Chan Kim Hung $198,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $1,400,000 -11.4% $454 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $1,580,000 -- $512 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,197 $87,420 $26,460 $60,960
2024 $7,197 $83,100 $26,460 $56,640
2023 $7,221 $92,640 $26,460 $66,180
2022 $6,697 $82,320 $26,460 $55,860
2021 $6,661 $69,300 $26,460 $42,840
2020 $2,976 $74,640 $26,460 $48,180
2019 $5,953 $72,840 $26,460 $46,380
2018 $5,743 $29,631 $11,923 $17,708
2017 $5,399 $27,955 $11,279 $16,676
2016 $4,963 $26,374 $10,403 $15,971
2015 $2,961 $24,883 $12,403 $12,480
2014 $2,961 $24,883 $13,654 $11,229
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825975

Real Estate Board of New York (REBNY)

APN: 00749-0028