Seller's Agent in 2020
Leo Lee
Momentum Real Estate LLC
(917) 539-9396
2 in this area
94 Total Sales
8308 7th Ave Brooklyn, NY 11228
Bay Ridge NeighborhoodEstimated Value: $1,489,000 - $1,722,000
5
Beds
2
Baths
2,560
Sq Ft
$617/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Heating System Uses Steam
- P.S. 127 McKinley Park Rated A
- Multiple cooling system units
- 4-minute walk to Tom McDonald Triangle
About This Home
As of January 2020Introducing this amazing opportunity to own this brick house in Bay Ridge, Brooklyn. The first floor features 1 full bathroom, 3 bedrooms, 1 living room, 1 kitchen and 1 dining room. The second floor features 2 bedrooms, 1 full bathroom, living room, kitchen and dining room. The house features hardwood floors throughout and a driveway and a detached garage. The property it located close to an abundant of restaurants and shops. There is also a golf course and park a few minutes walk away. There are multiple public transportation options nearby including B1, B64, B16 and B70.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,710
Year Built
- Built in 1925
Lot Details
- 2,713 Sq Ft Lot
- Lot Dimensions are 24x101x26x101
- Irregular Lot
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,560 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Partially Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Detached Garage
- Shared Driveway
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 6020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2019
Closed on
Jan 31, 2020
Sold by
Chan Fung and Chan Kwan
Bought by
Lin Zhenyi and Liu Yuehua
Seller's Agent
Leo Lee
Momentum Real Estate LLC
Buyer's Agent
Xiaowei Zou
Momentum Real Estate LLC
Sold Price
$1,350,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,622
Avg. Annual Appreciation
2.09%
Original Mortgage
$620,000
Outstanding Balance
$553,657
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$960,574
Purchase Details
Closed on
Sep 21, 2009
Sold by
Marra Ernest and Marra Deceased
Bought by
Chan Fung and Chan Kwan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 14, 1996
Sold by
Marra Katherine
Bought by
Marra Katherine and Marra Ernest
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Zhenyi | $1,350,000 | -- | |
| Lin Zhenyi | $1,350,000 | -- | |
| Chan Fung | $765,000 | -- | |
| Chan Fung | $765,000 | -- | |
| Marra Katherine | $275,000 | -- | |
| Marra Katherine | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Zhenyi | $620,000 | |
| Closed | Lin Zhenyi | $620,000 | |
| Previous Owner | Chan Fung | $533,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $1,350,000 | -- | $527 / Sq Ft |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $12,028 | $98,520 | $15,420 | $83,100 |
| 2024 | $12,028 | $91,380 | $15,420 | $75,960 |
| 2023 | $11,522 | $96,900 | $15,420 | $81,480 |
| 2022 | $11,047 | $98,040 | $15,420 | $82,620 |
| 2021 | $10,221 | $94,140 | $15,420 | $78,720 |
| 2020 | $5,081 | $94,920 | $15,420 | $79,500 |
| 2019 | $9,710 | $80,880 | $15,420 | $65,460 |
| 2018 | $8,927 | $43,792 | $9,426 | $34,366 |
| 2017 | $8,691 | $42,632 | $8,995 | $33,637 |
| 2016 | $8,091 | $40,474 | $9,850 | $30,624 |
| 2015 | $4,851 | $40,474 | $13,259 | $27,215 |
| 2014 | $4,851 | $38,683 | $12,036 | $26,647 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2020
Jun Le Wu
Momentum Real Estate LLC
(718) 382-0001
1 in this area
22 Total Sales
-
X
Buyer's Agent in 2020
Xiaowei Zou
Momentum Real Estate LLC
(917) 929-9689
33 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 433821
APN: 06020-0036
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