NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,126,000

3 Beds
2.5 Baths
1,842 Sq Ft
$569/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $830,000 $451 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,997/month

Highlights

  • Wood Flooring
  • 3-minute walk to Avenue J
  • Multiple cooling system units
  • Jhs 234 Arthur W Cunningham Rated A-
  • 1 Car Attached Garage
  • Private Driveway

About This Home

As of August 2023

First time on the market in the heart of Midwood! This stunning solid brick one family 3-bedroom, 2.5-bathroom house is the perfect combination of modern elegance & classic charm! As you enter the front door, you'll be greeted by a spacious living room with large windows that fill the space with natural light. The functional layout flows seamlessly into the dining room, creating a perfect space for entertaining guests or enjoying family meals. (Dining room also has a door leading to the private backyard). The kitchen is updated with granite countertops & stainless-steel appliances including dishwasher & built-in microwave and ample cabinet space! There is also an updated half bath on the first floor. Upstairs, you'll find three spacious bedrooms, each with its own closet & plenty of natural light and a modern ceramic tile full bath. The entire house has beautiful hardwood floors and is in mint condition from top to bottom. Updates include windows, roof, heat, 5 split unit air conditioners, crown molding & so much more! In addition to all that there is also the finished walk-in level which boasts a large family room, a full bathroom, plenty of extra storage space, laundry room & the built-in garage! All this in a peaceful residential neighborhood with easy access to all the amenities that the city has to offer. Enjoy local shopping, dining, and excellent schools just moments from your doorstep. Plus, the subway is right around the corner!! Don't miss out on the opportunity to make this beautiful house your new home - schedule a visit today and see everything this Midwood gem has to offer.

Last Agent to Sell the Property

Mitchell Feldman

Listed on: 04/05/2023

Last Buyer's Agent

Alice Lee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,983

Year Built

  • Built in 1955

Lot Details

  • 1,092 Sq Ft Lot
  • Lot Dimensions are 24 x 45.5
  • Irregular Lot
  • Back Yard
  • Property is zoned R5

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,842 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Split Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6708

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,983

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 27.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue I
  • Cross Street Name2: Avenue J
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 1 Space, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Dishwasher, Microwave, Refrigerator, Stove
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 1842
  • Building Stories: 3
  • Street Name I D X: 16th
  • Building Style: Duplex
  • Waterfront Present: No
  • Year Built: 1955
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1092

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 12
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 24 x 45.5
  • Lot Size Irregular: Yes
  • Lot Size Length: 45
  • Lot Size Width: 24
  • Zoning: R5

Multi Family

  • Insurance Expense: 1800.00

Tax Info

  • Flip Tax Amount: 5983.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Aug 22, 2023
Sold by
Tolan Nancy
Bought by
Chee Kin Shiu and Ruan Baoyan
Seller's Agent
Mitchell Feldman
Buyer's Agent
Alice Lee
List Price
$829,000
Sold Price
$830,000
Premium/Discount to List
$1,000
0.12%
Current Estimated Value
$1,047,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,844
Avg. Annual Appreciation
10.33%
Original Mortgage
$330,000
Outstanding Balance
$322,688
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$725,156

Purchase Details

Closed on
Nov 25, 2007
Sold by
The Hoffman Family Irrevocable Trust and Tolan Trustee Nancy
Bought by
Tolan Nancy

Purchase Details

Closed on
Oct 24, 2002
Sold by
Hoffman Charles A and Hoffman Helen D
Bought by
Hoffman Family Irrevocab and Tolan
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
Chee Kin Shiu $830,000 --
Tolan Nancy -- --
Hoffman Family Irrevocab -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chee Kin Shiu $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $830,000 +0.1% $451 / Sq Ft
04/05/2023 04/05/23 For Sale $829,000 -- $450 / Sq Ft
04/03/2023 04/03/23 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 $6,272 $54,900 $15,240 $39,660
2024 $6,272 $60,600 $15,240 $45,360
2023 $5,983 $66,300 $15,240 $51,060
2022 $5,882 $65,580 $15,240 $50,340
2021 $6,154 $64,860 $15,240 $49,620
2020 $2,886 $54,840 $15,240 $39,600
2019 $5,444 $51,240 $15,240 $36,000
2018 $5,005 $24,552 $10,570 $13,982
2017 $5,005 $24,552 $9,962 $14,590
2016 $4,871 $24,367 $12,159 $12,208
2015 $2,998 $22,988 $13,822 $9,166
2014 $2,998 $21,687 $15,641 $6,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472978

Brooklyn Board of REALTORS®

APN: 06708-0012