NOT LISTED FOR SALE

8861 18th Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $1,129,000 - $1,244,000

4 Beds
2.5 Baths
1,980 Sq Ft
$591/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $1,106,000 $559 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,108/month

Highlights

  • 1,773 Sq Ft lot
  • Deck
  • Fenced Yard
  • P.S. 163 Bath Beach Rated A
  • Wood Flooring
  • Garden

About This Home

As of November 2021

BATH BEACH, Legal two-family, attached, All Brick. Three bedroom duplex apartment with a dining room, living over a 1 bedroom, 1 bath walk-in apartment. Spacious rooms with plenty of closets and storage spaces. Nice deck at the back of the house with a good size yard, one parking space with community driveway. Short distance to (D) TRAIN and transportation/18th Avenue shopping. This home needs some cosmetic work, will be sold As-Is! The owner is looking at all offers. Won't last! CALL TODAY!

Last Agent to Sell the Property

Megan Moy

Re Max Team Listed on: 09/16/2021

Last Buyer's Agent

Megan Moy

Re Max Team Listed on: 09/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,721

Year Built

  • Built in 1950

Lot Details

  • 1,773 Sq Ft Lot
  • Lot Dimensions are 88 x 20
  • Fenced Yard
  • Garden
  • Back and Front Yard

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Block 6463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,721

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 660
  • Building Length: 33.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cropsey Ave
  • Cross Street Name2: Shore Pky
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Patio Garden
  • Fill Sq Ft Total: 1980
  • Building Stories: 2
  • Street Name I D X: 18th
  • Street Number I D X: 8861
  • Building Style: Duplex
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 1773

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Slab Concrete
  • Lot Number: 122
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 88
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 8721.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 23, 2021
Sold by
John Magliulo Trustee and The Frank Magliulo Trust Dated March 2
Bought by
Huang Christine and Zhou Shu Bo
Seller's Agent
Megan Moy
Re Max Team
Buyer's Agent
Megan Moy
Re Max Team
Sold Price
$1,106,000
Current Estimated Value
$1,169,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,369
Avg. Annual Appreciation
1.49%
Original Mortgage
$480,000
Outstanding Balance
$442,264
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$727,105

Purchase Details

Closed on
Mar 2, 2021
Sold by
Magliulo Frank
Bought by
Frank Magliulo Trust and John Magliulo As Trustee
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
Huang Christine $1,060,000 --
Huang Christine $1,060,000 --
Frank Magliulo Trust -- --
Frank Magliulo Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Christine $480,000
Closed Huang Christine $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $1,106,000 -- $559 / Sq Ft
09/16/2021 09/16/21 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 $8,984 $61,740 $12,300 $49,440
2024 $8,984 $66,060 $12,300 $53,760
2023 $8,570 $67,020 $12,300 $54,720
2022 $8,424 $62,940 $12,300 $50,640
2021 $4,065 $56,940 $12,300 $44,640
2020 $1,971 $52,980 $12,300 $40,680
2019 $7,505 $52,980 $12,300 $40,680
2018 $6,871 $35,167 $7,940 $27,227
2017 $6,869 $35,167 $8,760 $26,407
2016 $6,594 $34,534 $9,846 $24,688
2015 $3,782 $32,580 $13,680 $18,900
2014 $3,782 $31,063 $13,043 $18,020
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Megan Moy

    Re Max Team

    (646) 270-7277

    2 in this area

    7 Total Sales

    Megan Moy
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 455616

Brooklyn Board of REALTORS®

APN: 06463-0122

New York Kings County Brooklyn 11214 Bath Beach

8861 18th Ave, Brooklyn, NY

This home is located at 8861 18th Ave, Brooklyn, NY 11214 since 16 September 2021 and is currently estimated at $1,169,369, approximately $590 per square foot. This property was built in 1950. 8861 18th Ave is a home located in Kings County with nearby schools including P.S. 163 Bath Beach, Sinai Academic Center, and Elite Academy of Science & Technology (EAST).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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