NOT LISTED FOR SALE

8888 18th Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $1,117,000 - $1,311,000

4 Beds
2.5 Baths
1,980 Sq Ft
$596/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $995,000 $503 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,188/month

Highlights

  • 1,660 Sq Ft lot
  • Deck
  • Detached Garage
  • P.S. 163 Bath Beach Rated A
  • Wood Flooring
  • Porch

About This Home

As of August 2018

Legal 2 family duplex 6.5 Rrooms and a 1 bedroom rental apartment (vacant) for FULL POSSESSION . Parking Garage for one car and one additional outside space if you have a 2nd car. The house has been very well maintained, excellent mechanical systems (ie heating furnace, water heater, updated electric very recent, new gas meter too m washer/dryer under 1 year. All clean, recently painted, renovated Kitchen/Baths, new doors, gleaming hardwood floors etc.. etc...

The house is situated on a beautiful tree lined street where peace and quiet abounds in District 20 for good schools. Convenient location to transportation options including the B28/38 Express Bus on the corner. A short walk to the supermarket and the 86 street retail strip. For anyone with an active lifestyle, enjoy a bike ride or jog along the Shore Parkway Promenade, Bath Beach Playground, Dyker Park Golf, Basket Ball, Tennis (all walking distance) and all the Bath Beach community has to offer. Nearby great Public and private schools for our children helps to make this a great family community. Enjoy your deck for family gatherings and barbecues as pictured too. Great deal.

Last Agent to Sell the Property

Greg Donato

RE/MAX Edge License #30DO1148147 Listed on: 03/17/2018

RE/MAX Edge

Last Buyer's Agent

May Lan

RE/MAX Edge License #10401301168

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,492

Year Built

  • Built in 1950

Lot Details

  • 1,660 Sq Ft Lot
  • Lot Dimensions are 83 x 20
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Finished Basement
  • Walk-Out Basement
  • Dryer

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Lot

Outdoor Features

  • Deck
  • Porch

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6463

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Fuel Expense $1,250
  • Insurance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,492

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • 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: Shore Parkway
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Detached Garage, Parking Area
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Deck, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Porch, Refrigerator, Stove, Window Treatments
  • Fill Sq Ft Total: 1980
  • Building Stories: 3
  • Street Name I D X: 18
  • Street Number I D X: 8888
  • Building Style: Other
  • Year Built: 1950
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1660

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick, Steel
  • Exterior: Brick
  • Foundation Details: Block, Poured Concrete
  • Lot Number: 74
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 4
  • Electric: 110 V, 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1250.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 83
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Insurance Expense: 2000.00

Tax Info

  • Flip Tax Amount: 6492.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2018
Closed on
Aug 14, 2018
Sold by
Molloy Edward and Molloy Maria
Bought by
Yu Ruobing and Yu Zhixiong
Seller's Agent
Greg Donato
RE/MAX Edge
Buyer's Agent
May Lan
RE/MAX Edge
Sold Price
$995,000
Current Estimated Value
$1,180,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,433
Avg. Annual Appreciation
2.46%
Original Mortgage
$310,000
Outstanding Balance
$270,338
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$910,095
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
Yu Ruobing $995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Ruobing $310,000
Previous Owner Molloy Edward $250,315
Previous Owner Molloy Edward $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $995,000 -- $503 / Sq Ft
03/17/2018 03/17/18 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 $9,069 $63,600 $11,700 $51,900
2024 $9,069 $66,480 $11,700 $54,780
2023 $8,556 $71,940 $11,700 $60,240
2022 $8,064 $64,500 $11,700 $52,800
2021 $8,546 $56,940 $11,700 $45,240
2020 $8,546 $51,960 $11,700 $40,260
2019 $7,871 $51,960 $11,700 $40,260
2018 $6,939 $35,498 $7,734 $27,764
2017 $6,937 $35,498 $8,577 $26,921
2016 $6,492 $34,026 $9,358 $24,668
2015 $3,819 $32,100 $13,020 $19,080
2014 $3,819 $31,356 $12,718 $18,638
Source: Public Records

Agents Affiliated with this Home

  • Greg Donato

    Seller's Agent in 2018

    Greg Donato

    RE/MAX Edge

    (347) 860-5819

    17 Total Sales

    Greg Donato
    Section Image
  • May Lan

    Buyer's Agent in 2018

    May Lan

    RE/MAX Edge

    (718) 288-3835

    5 in this area

    94 Total Sales

    May Lan
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 418642

Brooklyn Board of REALTORS®

APN: 06463-0074

New York Kings County Brooklyn 11214 Bath Beach

8888 18th Ave, Brooklyn, NY

This home is located at 8888 18th Ave, Brooklyn, NY 11214 since 17 March 2018 and is currently estimated at $1,180,433, approximately $596 per square foot. This property was built in 1950. 8888 18th Ave is a home located in Kings County with nearby schools including P.S. 163 Bath Beach 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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