NOT LISTED FOR SALE

661 51 St Unit 8 Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $547,000 - $598,000

2 Beds
1 Bath
635 Sq Ft
653 Sq Ft Lot Lot

Sale Details

Date Sold: March 17, 2021

Last sale price $505,000 $795 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,033 / mo

About This Home

As of March 2021

Introducing this Top Floor 2 Bedroom Condo in Sunset Park Area. Unit Features Living Room, Dining Room, Kitchen, 2 Bedroom, Full Bath and a 110 sq ft Balcony. Super Low Common Fee of $249 and Annual Tax of $167 with 13 years of Tax Abatement Remaining.

Last Agent to Sell the Property

Jie Min Xia

Momentum Real Estate LLC Listed on: 07/08/2020

Last Buyer's Agent

Zhen Bao Chen

E House Realty & Mgt. Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $167

Year Built

  • Built in 2006

Lot Details

  • 653

Home Design

  • 635 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Stove
  • Multiple cooling system units

Community Details

  • 8 Units
  • Association Phone (718) 854-0777
  • 661 51 Condominium Condos
  • Property managed by Bayshine Management Inc

Listing and Financial Details

  • Tax Block 793
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$167

Year Built

Built in 2006

Lot Details

653 Sq Ft Lot

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Avenue
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 249.85
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Refrigerator, Stove
  • Fill Sq Ft Total: 635
  • Street Name I D X: 51
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Floor: 4
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1108

Utilities

  • Air Conditioning Units: 2
  • Utilities: Water, Other

Condo/Co-op/Association

  • Management Company: Bayshine Management Inc
  • Manager Phone: 718-854-0777
  • Units In Building: 8

Lot Info

  • Building Project Name: 661 51 Condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 167.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Mar 17, 2021
Sold by
Liu Ben Long and Liu Jocelyn Meiling
Bought by
Lin Ming Jie and Lin Shao Nan
Seller's Agent
Jie Min Xia
Momentum Real Estate LLC
Buyer's Agent
Zhen Bao Chen
E House Realty & Mgt. Inc.
Sold Price
$505,000
Current Estimated Value
$568,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,973
Avg. Annual Appreciation
2.37%
Original Mortgage
$303,000
Outstanding Balance
$272,979
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,994

Purchase Details

Closed on
Jun 30, 2015
Sold by
Huang Ni
Bought by
Liu Ben Long and Liu Jocelyn Meiling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2008
Sold by
Kingsway Holdings Llc
Bought by
Huang Ni
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
Lin Ming Jie $505,000 --
Liu Ben Long $320,000 --
Huang Ni $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Ming Jie $303,000
Previous Owner Liu Ben Long $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $505,000 -- $795 / Sq Ft
07/08/2020 07/08/20 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 $166 $73,656 $6,975 $66,681
2024 $166 $61,403 $6,975 $54,428
2023 $163 $51,169 $6,975 $44,194
2022 $162 $50,276 $6,975 $43,301
2021 $163 $56,972 $6,975 $49,997
2020 $164 $71,201 $6,975 $64,226
2019 $166 $88,968 $6,975 $81,993
2018 $169 $77,164 $4,840 $72,324
2017 $169 $71,449 $5,208 $66,241
2016 $171 $66,157 $5,735 $60,422
2015 $134 $66,157 $6,880 $59,277
2014 $134 $63,472 $6,775 $56,697
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jie Min Xia

    Momentum Real Estate LLC

    (718) 382-0001

    11 in this area

    61 Total Sales

    Jie Min Xia
    Section Image

  • Z

    Buyer's Agent in 2021

    Zhen Bao Chen

    E House Realty & Mgt. Inc.

    (718) 680-2776

    8 in this area

    11 Total Sales

    Zhen Bao Chen
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 440213

Brooklyn Board of REALTORS®

APN: 00793-1108

New York Kings County Brooklyn 11220 Sunset Park

661 51 St Unit 8, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.