NOT LISTED FOR SALE

Estimated Value: $890,000 - $1,011,000

7 Beds
3 Baths
2,500 Sq Ft
$373/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $745,000 $298 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,350/month

39 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Hot Water Heating System
  • Westridge Elementary School Rated A+

About This Home

As of August 2023

This is a Large 2 family Townhouse. App 2,500 sq ft of living space Needs some TLC (pictures coming up) . Great size apartments and excellent potential income. Excellent investment, great location, Live rent free! Delivered Vacant. 4 Bedroom apartment over a 3-bedroom apartment and a finished basement with its own entrance. Priced to sell. wont last

Last Agent to Sell the Property

Inbal Levy

B2B Real Estate Group Inc License #10311210494 Listed on: 04/02/2023

Last Buyer's Agent

Inbal Levy

B2B Real Estate Group Inc License #10311210494 Listed on: 04/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1901

Lot Details

  • 1,772 Sq Ft Lot
  • Lot Dimensions are 19.58x90.5
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Academy For Young Writers Middle School
  • Brooklyn Lab High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 3 / 4105
  • Assessor Parcel Number 04105-0003

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

$4,717

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1901
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2500
  • SquareFootage: 2500.00
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Academy For Young Writers

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.58x90.5
  • Lot Size Sq Ft: 1772
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04105-0003
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-03

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4717
  • Tax Block: 4105
  • Tax Lot: 3
  • Tax Map Number: 04105-0003

MLS Schools

  • High School: Brooklyn Lab School
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Aug 7, 2023
Sold by
Sba 77 Llc
Bought by
Chaoyang Queens Realty Llc
Seller's Agent
Inbal Levy
B2B Real Estate Group Inc
Buyer's Agent
Inbal Levy
B2B Real Estate Group Inc
List Price
$899,000
Sold Price
$745,000
Premium/Discount to List
-$154,000
-17.13%
Views
153
Current Estimated Value
$931,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,646
Avg. Annual Appreciation
10.30%
Original Mortgage
$470,000
Outstanding Balance
$458,686
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,960

Purchase Details

Closed on
Mar 29, 2023
Sold by
Gibbs Jennifer C and Gibbs Michael R
Bought by
Sba 77 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2022
Sold by
Gibbs Jennifer and Gibbs Micheal R
Bought by
Lewis-Gibbs Angela A

Purchase Details

Closed on
Nov 16, 2006
Sold by
Gibbs Michael R and Lewis-Gibbs Angela A
Bought by
Gibbs Jennifer and Gibbs Michael R

Purchase Details

Closed on
Aug 21, 1996
Sold by
Daniel Properties Inc
Bought by
Gibbs Michael R and Lewis Gibbs Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,019
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1996
Sold by
Np Funding Ii Lp
Bought by
Daniel Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,019
Interest Rate
7.89%
Mortgage Type
FHA
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
Chaoyang Queens Realty Llc $745,000 --
Chaoyang Queens Realty Llc $745,000 --
Sba 77 Llc $350,000 --
Gibbs Jennifer C -- --
Sba 77 Llc $350,000 --
Gibbs Jennifer C -- --
Lewis-Gibbs Angela A -- --
Lewis-Gibbs Angela A -- --
Gibbs Jennifer -- --
Gibbs Jennifer -- --
Gibbs Michael R $174,000 First American Title Ins Co
Gibbs Michael R $174,000 First American Title Ins Co
Daniel Properties Inc $115,000 --
Daniel Properties Inc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaoyang Queens Realty Llc $470,000
Closed Chaoyang Queens Realty Llc $470,000
Previous Owner Sba 77 Llc $350,000
Previous Owner Gibbs Michael R $169,019
Closed Gibbs Jennifer $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $745,000 -9.0% $298 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $819,000 -8.9% $328 / Sq Ft
04/02/2023 04/02/23 For Sale $899,000 -- $360 / 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 $5,563 $52,320 $16,680 $35,640
2024 $5,563 $50,040 $16,680 $33,360
2023 $5,027 $46,860 $16,680 $30,180
2022 $4,641 $41,100 $16,680 $24,420
2021 $4,605 $40,860 $16,680 $24,180
2020 $2,288 $45,120 $16,680 $28,440
2019 $4,535 $38,340 $16,680 $21,660
2018 $4,145 $21,795 $8,498 $13,297
2017 $3,894 $20,571 $10,033 $10,538
2016 $3,570 $19,407 $10,179 $9,228
2015 $2,121 $19,407 $13,386 $6,021
2014 $2,121 $19,233 $15,933 $3,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3468646

OneKey® MLS

APN: 04105-0003