NOT LISTED FOR SALE

7007 Colonial Rd Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,522,352 - $1,788,000

5 Beds
2.5 Baths
2,850 Sq Ft
$581/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $1,450,000 $509 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,485/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Heating System Uses Steam
  • P.S. 102 The Bayview School Rated A
  • Detached Garage
  • 4-minute walk to Owl's Head Park

About This Home

As of January 2019

Two family semi-detached brick house on Colonial Road in Bay Ridge Brooklyn. Eleven rooms total: six rooms over five rooms, five bedrooms total, two bathrooms, hardwood floors throughout, partially finished full basement, two-car garage and shared driveway. Near public transportation, ferries, express buses and major roadways. Delivered vacant.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,366

Year Built

  • Built in 1930

Lot Details

  • 2,350 Sq Ft Lot
  • Lot Dimensions are 100 x 23
  • Back and Front Yard

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Detached Garage
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,366

Year Built

Built in 1930

Lot Details

2,350 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 19.50
  • Confirmed By M L S Y N: Yes
  • Cross Street: 70th Street
  • Cross Street Name2: 71st St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 2850
  • Building Stories: 2
  • Street Name I D X: Colonial
  • Building Style: Colonial
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 2350

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 15
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 23
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 9366.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Jan 30, 2019
Sold by
Debra Ann Young Trustee
Bought by
Zhang Debbie and Zhang Nina
Sold Price
$1,450,000
Current Estimated Value
$1,656,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,338
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,012,500
Outstanding Balance
$890,169
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$766,169
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
Zhang Debbie $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Debbie $1,012,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold $1,450,000 -- $509 / Sq Ft
10/10/2018 10/10/18 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 $11,739 $85,740 $16,380 $69,360
2024 $11,739 $84,420 $16,380 $68,040
2023 $11,198 $91,020 $16,380 $74,640
2022 $10,075 $74,640 $16,380 $58,260
2021 $11,227 $80,940 $16,380 $64,560
2019 $10,188 $65,880 $16,380 $49,500
2018 $9,367 $45,950 $12,932 $33,018
2017 $9,062 $44,456 $10,712 $33,744
2016 $8,887 $44,456 $12,028 $32,428
2015 $5,058 $43,022 $12,718 $30,304
2014 $5,058 $40,587 $13,589 $26,998
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 424311

Brooklyn Board of REALTORS®

APN: 05885-0015

New York Kings County Brooklyn 11209 Bay Ridge

7007 Colonial Rd, Brooklyn, NY

Not Listed for Sale

MultiFamily

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