NOT LISTED FOR SALE

Estimated Value: $604,105 - $656,000

2 Beds
1 Bath
805 Sq Ft
1990 Built

Last Sold August 21, 2023

Last sale price $580,000 $720 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,693/month

Highlights

  • Intercom to Front Desk
  • 3-minute walk to 9 Avenue
  • 3-minute walk to Brizzi Playground
  • I.S. 223 The Montauk Rated A-
  • Baseboard Heating

About This Home

As of August 2023

Beautiful 2 Bedroom 1 Bathroom Condo located prime Sunset Park! This condo is approximately 805 Sqft and having Ample Storage Space. Common charges is $250/month. Conveniently located near all that 8th Avenue has to offer. Public transportation B35, B70 Buses, and D Train all within close proximity.

Last Agent to Sell the Property

Dan Dong

RE/MAX Edge Listed on: 04/13/2023

RE/MAX Edge

Last Buyer's Agent

Ping Chen

RE/MAX Edge

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1990

Home Design

  • 805 Sq Ft Home

Kitchen

  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 923

Community Details

Overview

  • 16 Units
  • Association Phone (718) 123-4567
  • 873 42Nd St Condos
  • Property managed by ABC Management Company

Amenities

  • Intercom to Front Desk

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,099

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th Ave
  • Cross Street Name2: 9th Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Maintenance Common Fee: 250.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
  • Rooms Total Level1: 5
  • Fill Sq Ft Total: 805
  • Street Name I D X: 42nd
  • Street Number I D X: 873
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Floor: 2
  • Room Count: 6
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1006

Utilities

  • Air Conditioning Units: 0
  • Heating Fuel: Gas
  • Utilities: Water

Condo/Co-op/Association

  • Management Company: ABC Management Company
  • Manager Phone: 718-123-4567
  • Units In Building: 16

Lot Info

  • Building Project Name: 873 42nd ST

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3099.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Aug 18, 2023
Sold by
Ha Huy and Madison Mark
Bought by
Gao Kai C and Gao Ming Feng
Seller's Agent
Dan Dong
RE/MAX Edge
Buyer's Agent
Ping Chen
RE/MAX Edge
List Price
$588,000
Sold Price
$580,000
Premium/Discount to List
-$8,000
-1.36%
Current Estimated Value
$622,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,776
Avg. Annual Appreciation
3.55%
Original Mortgage
$377,000
Outstanding Balance
$369,142
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,634

Purchase Details

Closed on
Mar 24, 2017
Sold by
Madison Mark
Bought by
Ha Huy and Madison Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2009
Sold by
Madison Mark and Madison Thu Ha
Bought by
Madison Mark

Purchase Details

Closed on
Apr 11, 2008
Sold by
873 Development Group Llc
Bought by
Madison Mark and Madison Thu Ha
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gao Kai C $580,000 --
Gao Kai C $580,000 --
Ha Huy -- --
Ha Huy -- --
Madison Mark -- --
Madison Mark -- --
Madison Mark $385,320 --
Madison Mark $385,320 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Kai C $377,000
Closed Gao Kai C $377,000
Previous Owner Ha Huy $267,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $580,000 -1.4% $720 / Sq Ft
04/13/2023 04/13/23 For Sale $588,000 -- $730 / Sq Ft
04/12/2023 04/12/23 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 $3,913 $39,517 $2,925 $36,592
2024 $3,913 $38,844 $2,925 $35,919
2023 $2,046 $36,943 $2,925 $34,018
2022 $1,223 $35,656 $2,925 $32,731
2021 $317 $33,608 $2,925 $30,683
2020 $18 $38,376 $2,925 $35,451
2019 $0 $40,073 $2,925 $37,148
2018 $767 $36,563 $2,925 $33,638
2017 $476 $34,193 $2,925 $31,268
2016 $1,593 $35,129 $2,925 $32,204
2015 -- $30,537 $2,925 $27,612
2014 -- $28,373 $2,925 $25,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473193

Brooklyn Board of REALTORS®

APN: 00923-1006