NOT LISTED FOR SALE

Estimated Value: $692,000 - $1,256,000

2 Beds
2 Baths
1,250 Sq Ft
$200/mo HOA Fee

Last Sold March 26, 2019

Last sale price $680,000 $544 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,806/month

64 Days on Market

Highlights

  • Eat-In Kitchen
  • Patio
  • Garden
  • Building Patio

About This Home

As of March 2019

SOLD

Enormous Sunset Park Garden Duplex. Steps to the Park! Major Price Improvement!

Prime Sunset Park Garden Duplex - Location, Location, Location... Have your very own private backyard for barbecues, parties and social gatherings! Recently renovated, this spacious private garden duplex in a boutique condo building has approximately 1,250 square feet of living space with two bedrooms, two full renovated bathrooms, and a naturally lit recreation room. This entire apartment is filled with sunshine all day from its northern exposures. Beautiful hardwood floors, top-of-the-line bathroom, and modern stainless steel kitchen. Separate heat and hot water heater lends a private home feel to this garden duplex. The downstairs recreation room can be set up as a children's play area, sprawling yoga space, home theater, a huge work space, guest quarters or whatever you wish!

TAKE IN SPECTACULAR HARBOR VIEWS: Sunset Park, the neighborhood's namesake park offers Instagram worthy panoramas of New York Harbor & the Lower Manhattan skyline from Brooklyn's highest hill plus an Olympic sized swimming pool. Bowl a strike at Melody Lanes or check out the neighborhood's Brooklyn Public Library. Take the D,4,or 5 trains and be in Manhattan in approximately 23 minutes. There are also countless buses which will take you all over Brooklyn. Walk to Industry City in 13 minutes, or a 5 minute car ride.

INDUSTRY CITY offers free concerts for children, The Brooklyn Flea for winter 2018, over 15 intercontinental restaurants at Industry City's Food Hall - a delicious culinary gathering place. The Frying Pan operates an outdoor bar/restaurant called the Wheelhouse on a defunct tugboat stationed in Courtyard 5-6; not only does the place provide a full-service bar but it also has ping-pong tables and a nine-hole Brooklyn-themed mini-golf course. For the interior designer there is the Restoration Hardware outlet, ABC Carpet and Home, Mitchel Gold + Bob Williams and Design Within Reach. For the chef there is Sahadi's, Li-lac chocolates, the world renowned Sunset Market and free weekly cooking classes. AND, don't forget shopping at Saks Off Fifth, Bed Bath & Beyond, Costco, World Market, Steven Allen, Rag & Bone and many more!!

*Please Note that several images are virtually staged. Updated floor plan with second bathroom to come.

*ALSO AVAILABLE: Sunset Park Upper Duplex Condo w/ Balcony & Skylit Loft - See it Here!

Last Agent to Sell the Property

JAMES ARMSTRONG

Corcoran Group License #10401315858 Listed on: 11/09/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,788

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,250 Sq Ft Home
  • 4-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Garden
  • Window Unit Cooling System

Community Details

Overview

  • 8 Units
  • Sunset Park Subdivision

Amenities

  • Building Patio

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,788

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Cross Street: 7TH/8TH AVE.
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Eat-in Kitchen
  • Living Area: 1250.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 200.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4

Tax Info

  • Tax Block: 0
  • Tax Annual: 1788.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 26, 2019
Sold by
Lin Xian Biao and Lin Xiu
Bought by
Li Dan and Lin Ming Mei
Seller's Agent
JAMES ARMSTRONG
Corcoran Group
List Price
$680,000
Sold Price
$680,000
Current Estimated Value
$884,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,412
Avg. Annual Appreciation
3.92%
Original Mortgage
$442,000
Outstanding Balance
$387,004
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$497,408

Purchase Details

Closed on
Jun 26, 2007
Sold by
Fathiufat Llc
Bought by
Lin Xian Biao and Lin Xiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Li Dan $680,000 --
Li Dan $680,000 --
Lin Xian Biao $388,000 --
Lin Xian Biao $388,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Dan $442,000
Closed Li Dan $442,000
Previous Owner Lin Xian Biao $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Sold $680,000 0.0% $544 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
11/09/2018 11/09/18 For Sale $680,000 -- $544 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $161 $79,794 $9,943 $69,851
2024 $161 $66,495 $9,943 $56,552
2023 $158 $64,569 $9,943 $54,626
2022 $158 $63,450 $9,943 $53,507
2021 $158 $61,337 $9,943 $51,394
2020 $78 $76,687 $9,943 $66,744
2019 $162 $95,853 $9,943 $85,910
2018 $164 $80,094 $6,647 $73,447
2017 $164 $74,162 $7,152 $67,010
2016 $166 $68,669 $7,870 $60,799
2015 -- $68,669 $9,447 $59,222
2014 -- $66,539 $9,396 $57,143
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10513053

Real Estate Board of New York (REBNY)

APN: 00919-1001