NOT LISTED FOR SALE

Estimated Value: $427,000 - $842,000

2 Beds
1 Bath
825 Sq Ft
1990 Built

Last Sold December 08, 2023

Last sale price $673,000 $816 Per Sq Ft

Current estimated payment $4,056/month

Highlights

  • Fitness Center
  • Wood Flooring
  • Multiple cooling system units
  • P.S. 102 The Bayview School Rated A
  • Handicap Accessible
  • 1 Car Garage

About This Home

As of December 2023

RARELY AVAILABLE 2 BEDROOM CONDO WITH INDOOR PARKING IN BAY RIDGE! This spacious apartment features 2 bedrooms, full bath, an open concept kitchen with Stainless Steel Appliances, Granite Counters, a formal Living Room, Dinette, and plenty of closet space throughout. The building is full of amenities including a community patio with BBQ perfect for entertaining, storage units, a gym and laundry. Located centrally in Bay Ridge and short distance to all the restaurants and shops of 3rd ave. Close proximity to NYC! Short distance to the Ferry and R-Train!

Last Agent to Sell the Property

Milan Obradovic

Listed on: 09/13/2023

Co-Listed By

Wade Jabour

Last Buyer's Agent

Milan Obradovic

Listed on: 09/13/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1990

Interior Spaces

  • 825 Sq Ft Home
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Deeded Parking

Additional Features

  • Handicap Accessible
  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 5928

Community Details

Overview

  • 14 Units
  • Association Phone (718) 753-4992
  • Ridge Terrace Condominium Condos
  • Property managed by Ridge Terrace Condominium

Amenities

  • Laundry Facilities
  • Secure Lobby
  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,171

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Co List Office Mls Id: 116260
  • Co List Office Phone: (718) 748-1800
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ridge Blvd
  • Cross Street Name2: 3rd Ave
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 236.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space, Deeded, Garage
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Laundry Area, Microwave, Refrigerator, Stove
  • Rooms Total Level1: 5
  • Fill Sq Ft Total: 825
  • Street Name I D X: 74th
  • Street Number I D X: 228
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 1
  • Room Count: 6
  • Total Rooms: 5
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1001

Utilities

  • Air Conditioning Units: 2
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Management Company: Ridge Terrace Condominium
  • Manager Phone: 718-753-4992
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 14

Lot Info

  • Building Project Name: Ridge Terrace Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 4171.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 8, 2023
Sold by
Bart J Piccirillo As Trustee and Leonora
Bought by
Sang Russell Lee
Seller's Agent
Milan Obradovic
Buyer's Agent
Milan Obradovic
List Price
$698,000
Sold Price
$673,000
Premium/Discount to List
-$25,000
-3.58%
Current Estimated Value
$674,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,330
Avg. Annual Appreciation
0.12%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Hyland Lawrence F
Bought by
Capone Leonora

Purchase Details

Closed on
Dec 9, 2016
Sold by
Hyland Frances and Hyland Herbert
Bought by
Hyland Lawrence F

Purchase Details

Closed on
Jun 26, 2001
Sold by
Kirby Lorraine Allatin and Allatin Lorraine
Bought by
Hyland Herbert and Hyland Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Sang Russell Lee $673,000 --
Capone Leonora $625,000 --
Hyland Lawrence F -- --
Hyland Herbert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyland Herbert $176,249
Previous Owner Hyland Frances $50,000
Previous Owner Hyland Francis $220,000
Previous Owner Hyland Herbert $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $673,000 -3.6% $816 / Sq Ft
09/13/2023 09/13/23 For Sale $698,000 -- $846 / Sq Ft
09/12/2023 09/12/23 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 $4,373 $51,522 $2,046 $49,476
2024 $4,373 $40,698 $2,046 $38,652
2023 $4,171 $35,969 $2,046 $33,923
2022 $3,869 $33,161 $2,046 $31,115
2021 $3,848 $29,680 $2,046 $27,634
2020 $2,886 $33,233 $2,046 $31,187
2019 $3,795 $34,982 $2,046 $32,936
2018 $3,489 $17,116 $976 $16,140
2017 $3,292 $16,149 $994 $15,155
2016 $3,046 $15,236 $1,050 $14,186
2015 $1,838 $15,236 $1,159 $14,077
2014 $1,838 $15,119 $1,381 $13,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 476799

Brooklyn Board of REALTORS®

APN: 05928-1001