NOT LISTED FOR SALE

Estimated Value: $1,292,000 - $1,415,000

7 Beds
5 Baths
2,024 Sq Ft
$665/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $1,325,000 $655 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,186/month

Highlights

  • Deck
  • Wood Flooring
  • Back and Front Yard
  • Junior High School 227 Edward B Shallow Rated A-
  • Baseboard Heating
  • 4-minute walk to John Allen Payne Playground

About This Home

As of January 2024

Spacious legal TWO family fully DETACHED 22×46 house on 30×100 lot conveniently located in prime Sunset Park with separated entrances and parking spaces. First floor features 3 bedrooms/ 2 full bathrooms; second floor has 4 bedrooms and 2 full bathrooms; basement is finished with 3 bedrooms and 1bathroom with side entrance. There is plenty of closets and storage spaces in the house; window in every room, move in condition! Easily accessible to public transportation – N/R/W trains and B9/B37 bus lines. Closed to supermarkets, convenience stores, NYU Langone Hospital and Brooklyn Army Terminal. Currently it is collecting rental income of $6000.

Last Listed By

Ray Wu

Ashford Homes LLC Listed on: 10/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,085

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 100 x 30
  • Back and Front Yard

Home Design

  • Wood Frame Construction
  • Stucco Exterior

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 1 Parking Space
  • Shared Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Additional Features

  • Wood Flooring
  • Deck
  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 5789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,085

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 5.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1012
  • Building Length: 46.00
  • Building Width: 22.00
  • Co List Office Mls Id: 119810
  • Co List Office Phone: (929) 364-1301
  • Confirmed By M L S Y N: Yes
  • Cross Street: 2nd Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Seller
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck
  • Street Name I D X: 62nd
  • Street Number I D X: 217
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 7
  • Flooring: Hardwood

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Stucco
  • Foundation Details: Other
  • Lot Number: 65
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30

Tax Info

  • Flip Tax Amount: 8085.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 25, 2024
Sold by
Wu Wei Guang
Bought by
Chen Angel and Chen Anna
Seller's Agent
Ray Wu
Ashford Homes LLC
Buyer's Agent
Alex Cheung
Re/Max Real Estate Professiona
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Total Days on Market
0
Views
29
Current Estimated Value
$1,346,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,968
Avg. Annual Appreciation
1.31%
Original Mortgage
$927,500
Outstanding Balance
$915,589
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,379

Purchase Details

Closed on
Feb 12, 2014
Sold by
Khuu Cindy
Bought by
Wu Wei Guang

Purchase Details

Closed on
Mar 13, 2008
Sold by
Brock Nicole M and Morin Nicole
Bought by
Khuu Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

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 Angel $1,325,000 --
Chen Angel $1,325,000 --
Wu Wei Guang $700,000 --
Wu Wei Guang $700,000 --
Khuu Cindy $525,000 --
Khuu Cindy $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Angel $927,500
Closed Chen Angel $927,500
Previous Owner Wu Wei Guang $308,723
Previous Owner Khuu Cindy $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $1,325,000 -5.0% $655 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,395,000 -- $689 / Sq Ft
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 $8,195 $78,780 $16,320 $62,460
2023 $7,801 $74,760 $16,320 $58,440
2022 $7,438 $61,200 $16,320 $44,880
2021 $7,696 $59,400 $16,320 $43,080
2020 $3,752 $61,920 $16,320 $45,600
2019 $7,064 $61,920 $16,320 $45,600
2018 $6,465 $33,177 $11,100 $22,077
2017 $6,274 $32,246 $11,406 $20,840
2016 $6,017 $31,648 $11,432 $20,216
2015 $3,449 $31,063 $16,812 $14,251
2014 $3,449 $29,306 $13,471 $15,835
Source: Public Records

Agents Affiliated with this Home

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Source: Brooklyn Board of REALTORS®

MLS Number: 477544

Brooklyn Board of REALTORS®

APN: 05789-0065