NOT LISTED FOR SALE

Estimated Value: $1,734,000 - $1,772,000

4 Beds
2 Baths
1,876 Sq Ft
$931/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $1,400,000 $746 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,606/month

Highlights

  • Wood Flooring
  • Porch
  • Heating System Uses Steam
  • IS 220 John J. Pershing Rated A-
  • 2 Car Attached Garage
  • Laundry Facilities

About This Home

As of October 2020

............PRICE REDUCED MOTIVATED SELLERS..........




Well maintained two family brick home located in a prime area of Sunset Park Brooklyn. The second floor has two bedrooms with closets, full bathroom, eat in kitchen, dining room, living room and a den which leads to a wonderful porch with a full awning. The first floor has two bedrooms with closets, full bathroom, eat in kitchen, dining room, living room and a porch room. The basement is unfinished with a laundry area, tool storage workbench, and a bar. The basement also leads to the backyard which has room to park a car and an underground built in garage. This home has lots of potential and is located in an R6B zoning with a floor area ration of 2.0

Room Dimensions:
First Floor: Bedroom #1- 161" x 104" / Bedroom #2- 123" x 95" / Living Room- 138" x 140" / Dining Room- 138" x 153" /
Porch room- 132" x 94" / Bathroom- 84" x 58" / Kitchen- 144" x 136"
Second Floor:Bedroom #1- 161" x 104" / Bedroom #2- 123" x 95" / Living Room- 128" x 140" / Dining Room- 144" x 125" /
Porch room- 137" x 75" / Bathroom- 84" x 58" / Kitchen- 144" x 136"
Basement: 44' x 16'
Porch: 212" x 82"

Last Agent to Sell the Property

Andrew Stimus

RE/MAX Elite License #10401308613 Listed on: 08/08/2019

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,660

Year Built

  • Built in 1920

Lot Details

  • 1,878 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 777

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,660

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 58.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 7th Avenue
  • Cross Street Name2: 8th Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Built-In Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Garage Door Opener(s), Laundry Area, Porch, Stove
  • Fill Sq Ft Total: 1876
  • Building Stories: 2
  • Street Name I D X: 48
  • Building Style: Duplex - Up/Down
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpeting, Hardwood, Linoleum
  • Lot Sq Ft: 1878

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 130
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 4660.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 19, 2020
Sold by
Stimus Executor Arthur
Bought by
Li Long Jin and Zhang Jun Xiu
Seller's Agent
Andrew Stimus
RE/MAX Elite
Sold Price
$1,400,000
Current Estimated Value
$1,687,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,910
Avg. Annual Appreciation
4.28%
Original Mortgage
$960,000
Outstanding Balance
$853,869
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$892,128
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Li Long Jin $1,280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Long Jin $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $1,400,000 -- $746 / Sq Ft
08/08/2019 08/08/19 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 $9,988 $116,160 $20,520 $95,640
2024 $9,988 $111,060 $20,520 $90,540
2023 $9,685 $106,680 $20,520 $86,160
2022 $9,137 $87,300 $20,520 $66,780
2021 $6,745 $75,300 $20,520 $54,780
2019 $5,015 $77,280 $20,520 $56,760
2018 $4,524 $28,306 $8,939 $19,367
2017 $4,457 $26,707 $8,403 $18,304
2016 $4,378 $26,707 $8,481 $18,226
2015 $2,409 $26,503 $12,511 $13,992
2014 $2,409 $25,003 $12,787 $12,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 432359

Brooklyn Board of REALTORS®

APN: 00777-0130