NOT LISTED FOR SALE

Estimated Value: $787,000 - $936,000

2 Beds
2 Baths
800 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $785,000 $981 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,315/month

Highlights

  • Ranch Style House
  • 2-minute walk to Gravesend-86 Street
  • Back, Front, and Side Yard
  • P.S. 95 - The Gravesend Rated A-
  • Wood Flooring
  • Multiple cooling system units

About This Home

As of October 2022

Introducing this ranch-style single-family corner property in Gravesend neighborhood. 20x40 building size on a 20x100 lot. 2 bedrooms with custom-built closets. Finished Basement with additional entrance. Fully Fenced Massive backyard for family fun or private parking for up to 4 vehicles. Enjoy all that 86th Street has to offer from restaurants, supermarkets, and shopping. Public transportation B1, B3, B4 Buses, and Express N Train are all 1 Block away.

Last Listed By

Henry Chen

Momentum Real Estate LLC Listed on: 05/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 100 x 20
  • Back, Front, and Side Yard
  • Property is zoned R5

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Stucco Exterior

Kitchen

  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 4 Parking Spaces
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Block 7144

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,248

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 800
  • Building Length: 40.00
  • Building Width: 20.00
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: west 7th street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 4 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Refrigerator, Stove
  • Rooms Total Level1: 4
  • Street Name I D X: Avenue V
  • Street Number I D X: 162
  • Building Style: Ranch
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Room Count: 7
  • Total Rooms: 5

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Exterior: Stucco
  • Foundation Details: Block
  • Lot Number: 1
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 5248.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Oct 26, 2022
Sold by
Elaine Ng Living Trust and Elaine Ng As Trustee
Bought by
Chen Qiao Zhen and Yu Wen Sheng
Seller's Agent
Henry Chen
Momentum Real Estate LLC
Buyer's Agent
Lily Luu
Momentum Real Estate LLC
Sold Price
$785,000
Total Days on Market
0
Current Estimated Value
$872,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,485
Avg. Annual Appreciation
4.13%
Original Mortgage
$250,000
Outstanding Balance
$243,685
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$624,998

Purchase Details

Closed on
Mar 21, 2020
Sold by
Ng Elaine Yee Ling
Bought by
Elaine Ng As Trustee and Elaine Yee Ling Ng As Trustee

Purchase Details

Closed on
Oct 13, 2010
Sold by
Leung Betty Wai Miu
Bought by
Ng Elaine Yee Ling and Tu James Herwin

Purchase Details

Closed on
Mar 27, 2009
Sold by
Leung Betty Wai Miu and Leung Chui Mel
Bought by
Leung Betty Wai Miu

Purchase Details

Closed on
Jan 6, 2005
Sold by
Greco Frances and Greco Saverio
Bought by
Mel Leung Chui and Wai Miu Leung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2003
Sold by
Greco Saverio
Bought by
Greco Frances and Greco Saverio

Purchase Details

Closed on
Feb 19, 2002
Sold by
Greco Josephine
Bought by
Greco Saverio and Greco Josephine

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
Chen Qiao Zhen $785,000 --
Chen Qiao Zhen $785,000 --
Elaine Ng As Trustee -- --
Elaine Ng As Trustee -- --
Ng Elaine Yee Ling $388,000 --
Ng Elaine Yee Ling $388,000 --
Leung Betty Wai Miu -- --
Leung Betty Wai Miu -- --
Mel Leung Chui $353,000 --
Mel Leung Chui $353,000 --
Greco Frances -- --
Greco Frances -- --
Greco Saverio -- --
Greco Saverio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Qiao Zhen $250,000
Closed Chen Qiao Zhen $250,000
Previous Owner Leung Betty Wai $200,000
Previous Owner Mel Leung Chui $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $785,000 -- $981 / Sq Ft
05/17/2022 05/17/22 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
2024 $5,354 $52,800 $10,740 $42,060
2023 $5,414 $58,860 $10,740 $48,120
2022 $3,798 $53,760 $10,740 $43,020
2021 $5,219 $41,520 $10,740 $30,780
2020 $4,980 $42,360 $10,740 $31,620
2019 $4,647 $42,360 $10,740 $31,620
2018 $4,528 $22,213 $4,207 $18,006
2017 $4,309 $21,139 $5,322 $15,817
2016 $4,154 $20,780 $6,763 $14,017
2015 $2,405 $19,606 $5,913 $13,693
2014 $2,405 $18,511 $5,831 $12,680
Source: Public Records

Agents Affiliated with this Home

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Source: Brooklyn Board of REALTORS®

MLS Number: 462631

Brooklyn Board of REALTORS®

APN: 07144-0001