Seller's Agent in 2021
Jason Zhou
RE/MAX Edge
(347) 988-5318
4 in this area
202 Total Sales
981 51st St Unit 3B Brooklyn, NY 11219
Borough Park NeighborhoodEstimated Value: $647,000 - $741,000
2
Beds
1
Bath
740
Sq Ft
2,483
Sq Ft Lot
Highlights
- Wood Flooring
- Terrace
- Handicap Accessible
- P.S. 160 William T Sampson School Rated A-
- Elevator
- 3-minute walk to Rappaport Playground
About This Home
As of May 2021Three(3) Bedrooms Condo at the corner of 10th Ave and 51st St in Prime Sunset Park/Boro Park Neighborhood. This five story building with elevator is built in late 2007 and residents have access to a fabulous roof deck for their enjoyment with 360 degree views of the Brooklyn Skyline. This condo unit features 3 Beds, 1 Bath, an open plan kitchen, lots of closet space, stainless steel appliances, washer & dryer and a terrace. Easy access to public school such as I.S. 220 and P.S. 160 and just steps away from Maimonides Medical Center, D train, B11/B70, parks, restaurant and more. Three (3) years of tax abatement remaining. 740 SF with Monthly Maintenance $328. Annual property tax $1253. Won't Last!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $548
Year Built
- Built in 2007
Lot Details
- 2,483
Home Design
- Entry on the 3rd floor
Interior Spaces
- 740 Sq Ft Home
- Wood Flooring
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Gas
- Septic System
Additional Features
- Handicap Accessible
- Terrace
- Sprinkler System
Listing and Financial Details
- Tax Block 5645
- Property eligible for a tax abatement
Community Details
Overview
- 11 Units
- Association Phone (718) 333-9833
- The Terrace On The Tenth Condos
- Property managed by Armkey
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2020
Closed on
May 3, 2021
Sold by
Lin Chao Dong and Lin Xiu Fang
Bought by
Lin Chao Dong and Lin Xiu Fang
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
Sold Price
$580,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,200
Avg. Annual Appreciation
3.81%
Original Mortgage
$340,000
Outstanding Balance
$306,313
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,887
Purchase Details
Closed on
Apr 17, 2008
Sold by
10Th Avenue Holdings Llc
Bought by
Lin Chao D and Lin Xiu F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Chao Dong | -- | -- | |
| Chen Fen Qiang | $580,000 | -- | |
| Lin Chao Dong | -- | -- | |
| Chen Fen Qiang | $580,000 | -- | |
| Lin Chao Dong | -- | -- | |
| Lin Chao D | $420,000 | -- | |
| Lin Chao D | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Fen Qiang | $340,000 | |
| Closed | Chen Fen Qiang | $340,000 | |
| Closed | Lin Chao Dong | $0 | |
| Previous Owner | Lin Chao D | $310,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2021 05/03/21 | Sold | $580,000 | -- | $784 / Sq Ft |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $5,001 | $47,118 | $7,563 | $39,555 |
| 2024 | $5,001 | $45,845 | $7,563 | $38,282 |
| 2023 | $3,944 | $44,739 | $7,563 | $37,176 |
| 2022 | $2,879 | $38,947 | $7,563 | $31,384 |
| 2021 | $1,924 | $32,696 | $7,563 | $25,133 |
| 2020 | $606 | $37,785 | $7,563 | $30,222 |
| 2019 | $548 | $37,563 | $7,563 | $30,000 |
| 2018 | $552 | $34,963 | $7,562 | $27,401 |
| 2017 | $552 | $30,150 | $7,562 | $22,588 |
| 2016 | $560 | $23,899 | $7,563 | $16,336 |
| 2015 | $437 | $23,401 | $7,562 | $15,839 |
| 2014 | $437 | $23,180 | $7,563 | $15,617 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Zhou
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 443095
APN: 05645-1007
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