NOT LISTED FOR SALE

8866 16th Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $926,000 - $1,062,000

2 Beds
1.5 Baths
1,240 Sq Ft
$815/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $760,000 $613 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,939/month

Highlights

  • Marble Flooring
  • Porch
  • Laundry Facilities
  • P.S. 229 Dyker Rated A
  • Heating System Uses Steam
  • Split Air Conditioning

About This Home

As of September 2019

Dyker Park/ Bath Beach, Modern all renovated mint 1 family Brick Home. 2 bedrooms duplex over full finished basement with ceramic tiles flooring. Community driveway in rear with Garage. Great school district 20 on Bay 8th St/14th Avenue. Walk to shore. B8, B64, X38, X28 buses. 1st Fl: Granite Flooring, sliding glass door to rear porch (ceramic tiles), modern kitchen. 2nd Fl: 2 good size bedrooms, full bath, 5 Fujitsu split units A/C. 1 year old Hot Water Tank. Pack your bags and move right in. Many more! Must See!

Last Agent to Sell the Property

Richard Ng

Bay Sun Realty Inc. Listed on: 02/18/2019

Last Buyer's Agent

Emily Liang

RE/MAX Real Estate Professionals License #10401235357

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,855

Year Built

  • Built in 1950

Lot Details

  • 1,696 Sq Ft Lot
  • Lot Dimensions are 106 x 16
  • Back and Front Yard
  • Property is zoned R4

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Split Air Conditioning
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6460

Community Details

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,855

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 31.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cropsey Ave
  • Cross Street Name2: Independence Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Community Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Dryer, Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 1240
  • Building Stories: 2
  • Street Name I D X: 16
  • Building Style: Duplex - Up/Down
  • Waterfront Present: No
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpeting, Ceramic, Marble
  • Lot Sq Ft: 1696

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 212
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2300.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 106
  • Lot Size Width: 16
  • Zoning: R4

Multi Family

  • Insurance Expense: 650.00

Tax Info

  • Flip Tax Amount: 5855.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Sep 5, 2019
Sold by
Tsang Deceased Chung L and Tsang Tsang
Bought by
Wu Hongzhan and Wu Jian Xi
Seller's Agent
Richard Ng
Bay Sun Realty Inc.
Buyer's Agent
Emily Liang
RE/MAX Real Estate Professionals
Sold Price
$760,000
Current Estimated Value
$1,010,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,408
Avg. Annual Appreciation
4.56%
Original Mortgage
$400,000
Outstanding Balance
$349,565
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$660,843

Purchase Details

Closed on
Aug 10, 1998
Sold by
Bonaventura Lawrence A
Bought by
Bonaventura Lawrence A and Bonaventura Lillian
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
Wu Hongzhan $765,000 --
Wu Hongzhan $765,000 --
Wu Hongzhan $765,000 --
Bonaventura Lawrence A -- Commonwealth Land Title Ins
Bonaventura Lawrence A -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Hongzhan $400,000
Closed Wu Hongzhan $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2019 09/05/19 Sold $760,000 -- $613 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,174 $59,340 $14,340 $45,000
2024 $8,174 $58,080 $14,340 $43,740
2023 $7,798 $58,680 $14,340 $44,340
2022 $7,232 $52,320 $14,340 $37,980
2021 $7,541 $48,120 $14,340 $33,780
2019 $6,802 $53,280 $14,340 $38,940
2018 $6,225 $31,999 $10,036 $21,963
2017 $5,855 $30,190 $10,442 $19,748
2016 $5,659 $29,859 $9,816 $20,043
2015 $3,215 $29,859 $13,036 $16,823
2014 $3,215 $28,264 $12,218 $16,046
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Ng

    Bay Sun Realty Inc.

    (347) 523-0003

    3 in this area

    27 Total Sales

    Richard Ng
    Section Image
  • Emily Liang

    Buyer's Agent in 2019

    Emily Liang

    RE/MAX

    (347) 320-2569

    12 in this area

    112 Total Sales

    Emily Liang
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 427383

Brooklyn Board of REALTORS®

APN: 06460-0212

New York Kings County Brooklyn 11214 Bath Beach

8866 16th Ave, Brooklyn, NY

Not Listed for Sale

Detached

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