NOT LISTED FOR SALE

Estimated Value: $1,741,000 - $1,994,299

11 Beds
5 Baths
2,916 Sq Ft
$637/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,570,000 $538 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,567/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Back Yard
  • P.S. 105 The Blythebourne Rated A-
  • Baseboard Heating

About This Home

As of January 2023

Hot, Hot, Hot! Two-story brick house, 20x64 built ~ 20x100 lot fully renovated from top to bottom 2009!
R6 Zoning Great income. Busy 8th Ave. Conveniently to public transportation N, Q & W subway lines, Bus lines B9, B70 & B16,
Public schools, restaurants and many more! Great property with massive upside potential!

Last Agent to Sell the Property

Jessica Peng

RE/MAX Real Estate Professiona Listed on: 10/11/2022

RE/MAX Real Estate Professiona

Last Buyer's Agent

Jessica Peng

RE/MAX Real Estate Professiona Listed on: 10/11/2022

RE/MAX Real Estate Professiona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,012

Year Built

  • Built in 1925

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,916 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Stove
  • Finished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,012

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 5.00
  • Baths Total Level1: 3.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 58.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th Ave
  • Cross Street Name2: 9th Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Parking Area
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
  • Fill Sq Ft Total: 2916
  • Building Stories: 2
  • Street Name I D X: 58th
  • Building Style: Other
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 11
  • Flooring: Hardwood
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 29
  • Roof: Flat

Utilities

  • Air Conditioning Units: 4
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 9012.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 31, 2023
Sold by
Li Xiaowei and Lu Qin Huai
Bought by
58Dts Realty Inc
Seller's Agent
Jessica Peng
RE/MAX Real Estate Professiona
Buyer's Agent
Jessica Peng
RE/MAX Real Estate Professiona
List Price
$1,880,000
Sold Price
$1,570,000
Premium/Discount to List
-$310,000
-16.49%
Current Estimated Value
$1,856,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,075
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Oct 9, 2014
Sold by
Lu Qin Huai
Bought by
Li Xiaowei and Lu Qin Huai

Purchase Details

Closed on
Aug 3, 2007
Sold by
Lu Qin Huai and Lu Shiu Yan
Bought by
Lu Qin Huai

Purchase Details

Closed on
Oct 6, 1999
Sold by
Lu Sui Qin and Lu Chen Bo
Bought by
Lu Qin Huai and Lu Shiu Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.84%
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
58Dts Realty Inc $1,570,000 --
58Dts Realty Inc $1,570,000 --
Li Xiaowei -- --
58Dts Realty Inc $1,570,000 --
Li Xiaowei -- --
Li Xiaowei -- --
Li Xiaowei -- --
Lu Qin Huai -- --
Lu Qin Huai -- --
Lu Qin Huai $146,000 First American Title Ins Co
Lu Qin Huai -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Qin Huai $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $1,570,000 -16.5% $538 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $1,880,000 -- $645 / Sq Ft
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 $10,104 $111,480 $25,140 $86,340
2024 $10,104 $97,620 $25,140 $72,480
2023 $9,692 $111,660 $25,140 $86,520
2022 $9,012 $122,340 $25,140 $97,200
2021 $9,501 $121,800 $25,140 $96,660
2020 $4,648 $102,720 $25,140 $77,580
2019 $8,769 $81,660 $25,140 $56,520
2018 $8,107 $39,770 $9,146 $30,624
2017 $7,669 $37,621 $9,588 $28,033
2016 $7,521 $37,621 $12,942 $24,679
2015 $4,281 $37,024 $15,363 $21,661
2014 $4,281 $34,934 $16,118 $18,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 467353

Brooklyn Board of REALTORS®

APN: 05700-0029