NOT LISTED FOR SALE

Estimated Value: $585,000 - $783,000

2 Beds
2 Baths
867 Sq Ft
2011 Built

Last Sold July 22, 2021

Last sale price $665,000 $767 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,956/month

Highlights

  • Wood Flooring
  • Terrace
  • Cooling Available
  • I.S. 223 The Montauk Rated A-
  • Elevator

About This Home

As of July 2021

Beautiful 2 Bedroom 2 Full Bath elevator Condo with parking in Sunset Park. 867 Sq ft including balcony. The balcony that is fully protected with stainless steel railing. Building is equipped with an elevator. Super low Common Charge of $423 that includes gas and heat. Conveniently located near all that 8th Avenue has to offer. Public Transportation B35, B70 Buses, and D Train all within close proximity. All Info Not Guaranteed, Prospective Buyer Should Re-Verify All Info By Self.

Last Agent to Sell the Property

Jie Min Xia

Momentum Real Estate LLC Listed on: 04/29/2021

Last Buyer's Agent

Jie Min Xia

Momentum Real Estate LLC Listed on: 04/29/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $174

Year Built

  • Built in 2011

Parking

  • 1 Parking Space

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 867 Sq Ft Home
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Terrace

Utilities

  • Cooling Available
  • Gas Available

Listing and Financial Details

  • Tax Block 922
  • Property eligible for a tax abatement

Community Details

Overview

  • 18 Units
  • Association Phone (718) 686-1480
  • Sunset Park Terrace Condos
  • Property managed by Manila Management Inc

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$174

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th Avenue
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 423.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Elevator, Refrigerator, Stove, Terrace
  • Fill Sq Ft Total: 867
  • Street Name I D X: 41
  • Year Built: 2011
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Number: 1117

Utilities

  • Air Conditioning Units: 1
  • Utilities: Gas, Heat, Parking, Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Manila Management Inc
  • Manager Phone: 718-686-1480
  • Units In Building: 18

Lot Info

  • Building Project Name: Sunset Park Terrace

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 174.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 22, 2021
Sold by
You Wen Guang
Bought by
Chen Guang Lin and Dong Qianwen
Seller's Agent
Jie Min Xia
Momentum Real Estate LLC
Buyer's Agent
Jie Min Xia
Momentum Real Estate LLC
Sold Price
$665,000
Current Estimated Value
$670,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,875
Avg. Annual Appreciation
0.20%
Original Mortgage
$530,000
Outstanding Balance
$479,561
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,314

Purchase Details

Closed on
Aug 11, 2011
Sold by
762 Holding Lp
Bought by
You Wen Guang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
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 Guang Lin $665,000 --
Chen Guang Lin $665,000 --
Chen Guang Lin $665,000 --
You Wen Guang $430,000 --
You Wen Guang $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Guang Lin $530,000
Closed Chen Guang Lin $530,000
Previous Owner You Wen Guang $279,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $665,000 -- $767 / Sq Ft
04/29/2021 04/29/21 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 $5,408 $75,342 $6,495 $68,847
2024 $5,408 $76,728 $6,495 $70,233
2023 $3,452 $74,701 $6,495 $68,206
2022 $1,756 $73,441 $6,495 $66,946
2021 $170 $61,765 $6,495 $55,270
2020 $83 $69,258 $6,495 $62,763
2019 $174 $62,227 $6,495 $55,732
2018 $176 $63,587 $6,495 $57,092
2017 $176 $57,813 $6,495 $51,318
2016 $178 $50,936 $6,494 $44,442
2015 $116 $38,311 $6,300 $32,011
2014 $116 $35,951 $6,495 $29,456
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 450627

Brooklyn Board of REALTORS®

APN: 00922-1117