NOT LISTED FOR SALE

Estimated Value: $507,000 - $754,000

3 Beds
1.5 Baths
8 Sq Ft
4,008 Sq Ft Lot

Last Sold February 13, 2020

Last sale price $570,000 $71,250 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,697/month

Highlights

  • Wood Flooring
  • I.S. 223 The Montauk Rated A-
  • Multiple cooling system units

About This Home

As of February 2020

3 bedroom, 1.5 bath condominium in excellent move-in condition. Impeccably maintained and recently upgraded. 6 years of tax abatement left. Features a balcony, split A/C units on 2nd floor in elevator building. Conveniently located near N, R & D trains, 8TH Avenue shopping, parks and schools.

Last Agent to Sell the Property

Huang Jing

RE/MAX Edge Listed on: 06/25/2019

RE/MAX Edge

Last Buyer's Agent

Huang Jing

RE/MAX Edge Listed on: 06/25/2019

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $367

Year Built

  • Built in 2009

Lot Details

  • 4,008

Home Design

  • Entry on the 2nd floor

Kitchen

  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Multiple cooling system units
  • Heating System Uses Gas

Community Details

  • 10 Units
  • Association Phone (718) 854-0777
  • Bayshine Condos
  • Property managed by Bayshine Management

Listing and Financial Details

  • Tax Block 924
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$367

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 3
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Ave
  • Cross Street Name2: 8th Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 305.00
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Refrigerator, Stove
  • Rooms Total Level1: 5
  • Fill Sq Ft Total: 8
  • Street Name I D X: 43
  • Street Number I D X: 713
  • Waterfront Present: No
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Entry Floor: 2
  • Room Count: 7
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 7501

Utilities

  • Air Conditioning Units: 2
  • Heating Fuel: Gas
  • Utilities: Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Bayshine Management
  • Manager Phone: 718-854-0777
  • Units In Building: 10

Lot Info

  • Building Project Name: Bayshine

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 367.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Jan 29, 2020
Sold by
Chen Qiming and Yang Li
Bought by
Wang Zhang Cheng
Seller's Agent
Huang Jing
RE/MAX Edge
Buyer's Agent
Huang Jing
RE/MAX Edge
Sold Price
$570,000
Current Estimated Value
$638,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,455
Avg. Annual Appreciation
1.52%
Original Mortgage
$313,500
Outstanding Balance
$278,692
Interest Rate
3.7%
Mortgage Type
Unknown
Estimated Equity
$341,591

Purchase Details

Closed on
Oct 3, 2012
Sold by
713 43Rd Street Llc
Bought by
Chen Qiming and Yang Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wang Zhang Cheng $570,000 --
Chen Qiming $385,320 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Zhang Cheng $313,500
Previous Owner Chen Qiming $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $570,000 -- $71,250 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $3,546 $74,428 $4,698 $69,730
2024 $3,546 $72,883 $4,698 $68,185
2023 $1,854 $70,085 $4,698 $65,387
2022 $357 $67,462 $4,698 $62,764
2021 $358 $56,942 $4,698 $52,244
2020 $176 $65,339 $4,698 $60,641
2019 $368 $59,741 $4,698 $55,043
2018 $371 $57,473 $4,698 $52,775
2017 $371 $52,647 $4,698 $47,949
2016 $376 $49,993 $4,698 $45,295
2015 $196 $36,723 $4,698 $32,025
2014 $196 $33,055 $4,698 $28,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 431167

Brooklyn Board of REALTORS®

APN: 00924-1005