NOT LISTED FOR SALE

Estimated Value: $1,459,143 - $1,631,000

7 Beds
3 Baths
2,360 Sq Ft
$664/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $1,520,000 $644 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,507/month

36 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Park
  • Junior High School 259 William McKinley Rated A
  • Window Unit Cooling System
  • 2-minute walk to Leif Ericson Park

About This Home

As of January 2023

A wonderful opportunity to buy an income earning home in the highly desirable area of Bay Ridge in Brooklyn. This two family home has a private garage, a semi finished basement with two bedrooms and a bathroom. The main living area has two bedrooms, a bathroom, dining room, living room with fireplace and a tv room. The second unit has three bedrooms, bathroom living room, dining room and a den. With a little TLC this prime location can be turned into an income producing gem.

Last Agent to Sell the Property

Warren Mitchell

Opulence Realty Group License #10491210090 Listed on: 09/26/2022

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,497

Year Built

  • Built in 1930

Lot Details

  • 2,069 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • 2,360 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • JHS 259 William Mckinley Middle School
  • Fort Hamilton High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 05858-0013

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,497

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: 800-558-0475
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Partially Finished
  • Total Bedrooms: 7
  • Living Area: 2360.00
  • Square Footage: 2360.00

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 259 William Mckinley

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2069.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05858-0013
  • Property Attached: Yes

Tax Info

  • Close Date: 2023-01-09
  • Tax Annual Amount: 9497.00
  • Tax Map Number: 05858-0013

Multi Family

  • Units Total: 2
  • Three Bedrooms: 1
  • Four Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Fort Hamilton High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Jan 9, 2023
Sold by
James F. Ryan Dod and Ryan Celeste
Bought by
Chen Jun Jian and Chen Xiuyu
Seller's Agent
Warren Mitchell
Opulence Realty Group
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,599,900
Sold Price
$1,520,000
Premium/Discount to List
-$79,900
-4.99%
Views
23
Current Estimated Value
$1,658,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,480
Avg. Annual Appreciation
1.04%
Original Mortgage
$760,000
Outstanding Balance
$735,318
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$832,718

Purchase Details

Closed on
Jul 18, 2001
Sold by
Ryan Kathleen
Bought by
Ryan James F and Ryan Kathleen
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
Chen Jun Jian $1,520,000 --
Ryan James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jun Jian $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2023 01/09/23 Sold $1,520,000 -5.0% $644 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $1,599,900 -- $678 / Sq Ft
Source: OneKey® MLS

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 $10,128 $92,400 $20,580 $71,820
2024 $10,128 $88,320 $20,580 $67,740
2023 $9,662 $107,640 $20,580 $87,060
2022 $9,662 $102,240 $20,580 $81,660
2021 $9,724 $79,080 $20,580 $58,500
2019 $8,498 $89,040 $20,580 $68,460
2018 $7,784 $39,645 $8,451 $31,194
2017 $7,782 $39,645 $10,533 $29,112
2016 $7,226 $38,506 $12,936 $25,570
2015 $4,291 $36,327 $15,077 $21,250
2014 $4,291 $35,019 $13,741 $21,278
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6212525

OneKey® MLS

APN: 05858-0013