Seller's Agent in 2023
Erica Nieves-Negron
Corcoran Group
(646) 764-6094
2 in this area
39 Total Sales
712 50th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,085,851 - $1,339,000
4
Beds
1.5
Baths
1,920
Sq Ft
$656/Sq Ft
Est. Value
About This Home
As of February 2023Prime Sunset Park, brick, 2 family home. Currently being used as a one family, the home is configured of 4 bedrooms, 1 1/2 bathrooms, 2 kitchens, and unfinished basement and backyard. Set on a 20ftx50.17ft lot, with 2728 buildable FAR left, and zoned R7A, R6B, C2-4, the home has huge upside potential for a great investment. In need of a little TLC and a good imagination, the options are endless with this building.
Located in one of Sunset Parks prime streets and shopping meccas, surrounded with convenience of shopping, restaurants, and transportation. Just minutes from world famous Sunset Park, and Maimonides Medical Center. Contact me to schedule a tour and additional photos.
Last Agent to Sell the Property
Corcoran Group License #10401286753 Listed on: 07/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,224
Lot Details
- 1,002
Home Design
Interior Spaces
- 2-Story Property
- Washer Dryer Allowed
Bedrooms and Bathrooms
- 4 Bedrooms
Community Details
- 2 Units
- Sunset Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2022
Closed on
Feb 17, 2023
Sold by
Estate Of Esther Trulsen
Bought by
Chen Xuhui
Seller's Agent
Erica Nieves-Negron
Corcoran Group
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,713
Avg. Annual Appreciation
3.59%
Original Mortgage
$690,000
Outstanding Balance
$669,190
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$589,523
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Xuhui | $1,150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Xuhui | $690,000 | |
| Previous Owner | Trulsen Esther | $290,319 | |
| Previous Owner | Trulsen Esther | $16,593 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2023 02/17/23 | Sold | $1,150,000 | -4.2% | $599 / Sq Ft |
| 10/07/2022 10/07/22 | Pending | -- | -- | -- |
| 07/29/2022 07/29/22 | Off Market | $1,200,000 | -- | -- |
| 07/28/2022 07/28/22 | For Sale | $1,200,000 | -- | $625 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $4,224 | $70,260 | $19,320 | $50,940 |
| 2024 | $4,224 | $62,160 | $19,320 | $42,840 |
| 2023 | $4,031 | $73,500 | $19,320 | $54,180 |
| 2022 | $3,740 | $72,600 | $19,320 | $53,280 |
| 2021 | $3,725 | $77,580 | $19,320 | $58,260 |
| 2020 | $2,793 | $64,860 | $19,320 | $45,540 |
| 2019 | $3,666 | $67,380 | $19,320 | $48,060 |
| 2018 | $3,371 | $16,539 | $6,229 | $10,310 |
| 2017 | $3,183 | $15,614 | $4,743 | $10,871 |
| 2016 | $2,948 | $14,748 | $5,694 | $9,054 |
| 2015 | $1,210 | $14,727 | $7,202 | $7,525 |
| 2014 | $1,210 | $14,604 | $8,571 | $6,033 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Nieves-Negron
-
Michael Negron
Seller Co-Listing Agent in 2023
Michael Negron
Corcoran Group
(347) 723-5450
2 in this area
30 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10827523
APN: 00794-0010
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