NOT LISTED FOR SALE

Estimated Value: $1,489,000 - $1,670,259

5 Beds
2.5 Baths
2,448 Sq Ft
$658/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $1,335,000 $545 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,812/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Front Yard
  • P.S. 185 Walter Kassenbrock Rated A
  • Heating System Uses Steam
  • 4-minute walk to Russell Pederson Playground

About This Home

As of September 2018

Brick two family absolute full possession. First floor features L/R, formal D/R, EIK, 2 Bdrms & full bath. Second floor features Open L/R, D/R, with new hardwood floors. EIK, 3 Bdrms, full bath. House has interior staircase from top to basement. Basement has a large room and 1/2 bath with access to a two car garage. New hot water heater. Dining room chandelier to be replaced.

Close to “R” Subway line and 86th Street shopping. 5-minutes to X27 & X37 Express Bus to Manhattan. Close to several elementary and high schools. Community driveway provides additional parking. Quick walk to 3rd Avenue shopping and restaurants. 3 block walk to Ft Hamilton HS Playground, basketball courts and football field. Short distance to Shore Road promenade, the Verrazano Bridge or American’s Veterans Memorial Pier w/view of Manhattan skyline and access to scenic NYC Ferry.

Last Agent to Sell the Property

Edward Davis

RE/MAX Elite License #400A0545434 Listed on: 08/30/2017

RE/MAX Elite

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Stove
  • Partially Finished Basement

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Listing and Financial Details

  • Tax Block 6060

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $1,200
  • Insurance Expense $1,000
  • Utility Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,500

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 2
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1280
  • Building Length: 64.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 88th Street
  • Cross Street Name2: 89th Street
  • 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: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Fill Sq Ft Total: 2448
  • Building Stories: 2
  • Street Name I D X: Colonial
  • Street Number I D X: 8805
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Parquet
  • Lot Sq Ft: 2000
  • Basement Type: Duplex

Exterior Features

  • Yard: Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 8
  • Roof: Flat

Utilities

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

Fee Information

  • Annual Fuel Expense: 1200.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R3-1

Multi Family

  • Insurance Expense: 1000.00
  • Unit Count: 2
  • Annual Utility Expenses: 1000.00

Tax Info

  • Flip Tax Amount: 9500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 5, 2018
Sold by
Monaghan Mary and Moore-Hourihan Sharon
Bought by
Chan Kenneth and Chan Kinhing
Seller's Agent
Edward Davis
RE/MAX Elite
Buyer's Agent
NON MEMBER
Sold Price
$1,335,000
Current Estimated Value
$1,611,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,815
Avg. Annual Appreciation
3.01%
Original Mortgage
$664,000
Outstanding Balance
$582,625
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$1,058,770

Purchase Details

Closed on
Jun 2, 2013
Sold by
Moore Mary B
Bought by
Monaghan Mary and Moore-Hourihan Sharon
Source: Public Records

Range of Values:

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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
Chan Kenneth $1,328,000 --
Monaghan Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Kenneth $12,545
Open Chan Kenneth $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2018 09/05/18 Sold $1,335,000 -- $545 / Sq Ft
08/30/2017 08/30/17 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 $12,354 $107,460 $16,680 $90,780
2024 $12,354 $108,060 $16,680 $91,380
2023 $12,492 $112,740 $16,680 $96,060
2022 $12,186 $95,820 $16,680 $79,140
2021 $12,120 $85,980 $16,680 $69,300
2020 $11,500 $89,520 $16,680 $72,840
2019 $10,713 $80,640 $16,680 $63,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 413334

Brooklyn Board of REALTORS®

APN: 06060-0008