NOT LISTED FOR SALE

Estimated Value: $1,162,956 - $1,590,000

Studio
2.5 Baths
1,898 Sq Ft
$727/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $1,150,000 $606 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,951/month

Highlights

  • Wood Flooring
  • 4-minute walk to Kings Highway (N Line)
  • Heating System Uses Steam
  • P.S. 97 - The Highlawn Rated A-
  • Cooling Available
  • Private Driveway

About This Home

As of July 2018

OFFICE EXCLUSIVE. Presenting this beautiful brick faced two family semi-detached home. Situated in the nice and quiet block of Gravesend. Conveniently located to all transportation and shopping. This house has been updated a few years ago. Gorgeous hardwood and tile floors throughout the house. This home comes with a finished attic and basement that you can easily convert into two duplex. Has it owns private driveway and detached garage with separated side entrance to the basement. Also comes with a camera security system, along with outdoor sensor lights. House will be deliver vacant. Let's get it sold.

Last Agent to Sell the Property

Lily Luu

Momentum Real Estate LLC Listed on: 03/30/2018

Last Buyer's Agent

Lily Luu

Momentum Real Estate LLC Listed on: 03/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,226

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 100 x 24
  • Back and Front Yard

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Private Driveway

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Additional Features

  • Stove
  • Finished Basement

Community Details

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,226

Lot Details

2,400 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: West 12th St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dryer, Laundry Area, Refrigerator, Stove, Washer
  • Street Name I D X: Highlawn
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2400

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Other
  • Foundation Details: Slab Concrete
  • Roof: Pitched, Other

Utilities

  • Air Conditioning Units: 1
  • Electric: 110 V, Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24

Tax Info

  • Flip Tax Amount: 6226.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jul 11, 2018
Sold by
Chung Danny
Bought by
Lam Ching
Seller's Agent
Lily Luu
Momentum Real Estate LLC
Buyer's Agent
Lily Luu
Momentum Real Estate LLC
Sold Price
$1,150,000
Current Estimated Value
$1,379,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,239
Avg. Annual Appreciation
2.39%
Original Mortgage
$862,500
Outstanding Balance
$749,138
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$630,101

Purchase Details

Closed on
Mar 27, 1996
Sold by
Cheung William
Bought by
Chung Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.31%
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
Lam Ching $1,150,000 --
Chung Danny $185,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Ching $862,500
Previous Owner Chung Danny $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $1,150,000 -- $606 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,355 $65,820 $13,020 $52,800
2024 $8,355 $67,800 $13,020 $54,780
2023 $7,986 $79,980 $13,020 $66,960
2022 $7,382 $77,760 $13,020 $64,740
2021 $7,664 $67,020 $13,020 $54,000
2019 $7,202 $61,860 $13,020 $48,840
2018 $6,620 $33,934 $6,031 $27,903
2017 $6,226 $32,014 $6,270 $25,744
2016 $5,991 $31,518 $7,524 $23,994
2015 $3,423 $31,518 $10,913 $20,605
2014 $3,423 $29,859 $12,407 $17,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 418948

Brooklyn Board of REALTORS®

APN: 06669-0007

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