NOT LISTED FOR SALE

981 51st St Unit 4A Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $656,000 - $798,348

3 Beds
1 Bath
690 Sq Ft
2,483 Sq Ft Lot

Last Sold January 26, 2022

Last sale price $618,000 $896 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,274/month

Highlights

  • Handicap Accessible
  • P.S. 160 William T Sampson School Rated A-
  • 3-minute walk to Rappaport Playground

About This Home

As of January 2022

Introducing an opportunity to own a condo located in Borough Park, Brooklyn. The property is located on the 4th floor of the building and it has an elevator. The condo features a living room, a kitchen, a dining room, 3 bedrooms, and a full bathroom. There is an in-unit washer and dryer for ease of laundry. The property has a spacious balcony providing excellent natural lighting throughout the day as well as a wonderful view. The property is located near an abundance of restaurants, supermarkets, shops, and much much more. There are also multiple public transportation options nearby providing an easy commute around the city.

Last Agent to Sell the Property

Chao Wang

Momentum Real Estate LLC Listed on: 11/05/2021

Last Buyer's Agent

Chao Wang

Momentum Real Estate LLC Listed on: 11/05/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 2007

Lot Details

  • 2,483

Home Design

  • 690 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Community Details

  • 11 Units

Listing and Financial Details

  • Tax Block 5645
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,888

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 3
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 10th Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 321.00
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dryer, Washer
  • Rooms Total Level1: 6
  • Fill Sq Ft Total: 690
  • Street Name I D X: 51st
  • Street Number I D X: 981
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Floor: 4
  • Room Count: 7
  • Total Rooms: 6
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1008

Utilities

  • Air Conditioning Units: 0
  • Utilities: Water

Condo/Co-op/Association

  • Manager Phone: 000-000-0000
  • Units In Building: 11

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 1888.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 26, 2022
Sold by
Li Li Qin Qin
Bought by
Ye Da Gang
Seller's Agent
Chao Wang
Momentum Real Estate LLC
Buyer's Agent
Chao Wang
Momentum Real Estate LLC
Sold Price
$618,000
Current Estimated Value
$710,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,587
Avg. Annual Appreciation
3.98%
Original Mortgage
$494,400
Outstanding Balance
$459,961
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,626

Purchase Details

Closed on
Sep 3, 2015
Sold by
Chen Jin
Bought by
Li Li Qin Qin

Purchase Details

Closed on
Oct 16, 2008
Sold by
10Th Avenue Holdings Llc
Bought by
Chen Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
10Th Avenue Holdings Llc
Bought by
10Th Avenue Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ye Da Gang $618,000 --
Ye Da Gang $618,000 --
Li Li Qin Qin $468,000 --
Li Li Qin Qin $468,000 --
Chen Jin $380,000 --
Chen Jin $380,000 --
10Th Avenue Holdings Llc -- --
10Th Avenue Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Da Gang $494,400
Closed Ye Da Gang $494,400
Previous Owner Chen Jin $276
Previous Owner Chen Jin $294,500
Previous Owner 10Th Avenue Holdings Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $618,000 -- $896 / Sq Ft
11/05/2021 11/05/21 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 $4,908 $46,241 $7,422 $38,819
2024 $4,908 $44,993 $7,422 $37,571
2023 $3,798 $43,907 $7,422 $36,485
2022 $2,830 $38,222 $7,422 $30,800
2021 $1,888 $32,087 $7,422 $24,665
2020 $902 $37,082 $7,422 $29,660
2019 $537 $36,865 $7,422 $29,443
2018 $542 $34,313 $7,422 $26,891
2017 $542 $29,590 $7,422 $22,168
2016 $549 $23,454 $7,421 $16,033
2015 $339 $22,966 $7,422 $15,544
2014 $339 $22,749 $7,422 $15,327
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chao Wang

    Momentum Real Estate LLC

    (718) 382-0001

    2 in this area

    51 Total Sales

    Chao Wang
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 456986

Brooklyn Board of REALTORS®

APN: 05645-1008

New York Kings County Brooklyn 11219 Borough Park

981 51st St Unit 4A, Brooklyn, NY

This home is located at 981 51st St Unit 4A, Brooklyn, NY 11219 since 05 November 2021 and is currently estimated at $710,587, approximately $1,029 per square foot. This property was built in 2007. 981 51st St Unit 4A is a home located in Kings County with nearby schools including P.S. 160 William T Sampson School, IS 220 John J. Pershing, and Franklin Delano Roosevelt High School.

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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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