NOT LISTED FOR SALE

2388 Ocean Ave Unit 7 Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $629,000 - $695,000

2 Beds
2 Baths
1,080 Sq Ft
2008 Built

Last Sold August 05, 2021

Last sale price $600,000 $556 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,163/month

Highlights

  • Intercom to Front Desk
  • Wood Flooring
  • Multiple cooling system units
  • Jhs 234 Arthur W Cunningham Rated A-
  • Resident Manager or Management On Site

About This Home

As of August 2021

Well maintained 2bdr 2bath condo on the third floor facing back of the building. Open concept fully equipped kitchen with window, balcony off the living room, facing quite side of the street. Very bright and specious bedrooms. Main bedroom is with its own full bathroom. Apartment comes with deeded parking in the garage. Building is conveniently located few blocks away from Q, B trains, B49 bus stop is by the building, steps away from shopping, banks, schools and much more!

Last Agent to Sell the Property

Barbara Labarca

Listed on: 09/13/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 2008

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,080 Sq Ft Home
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Utilities

  • Multiple cooling system units
  • Septic System

Listing and Financial Details

  • Tax Block 7298
  • Property eligible for a tax abatement

Community Details

Overview

  • 21 Units
  • 2388 Ocean Ave Condominium Condos

Amenities

  • Intercom to Front Desk
  • Elevator
  • Secure Lobby

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,205

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

Listing Details

  • Additional Fee Includes: Air Conditioning, Dishwasher, Parking, Storage, Washer/Dryer
  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue S
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 256.07
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Dryer, Elevator, Garage Door Opener(s), Washer
  • Fill Sq Ft Total: 1080
  • Street Name I D X: Ocean
  • Waterfront Present: No
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 3
  • Pets Allowed: Yes
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1108

Utilities

  • Air Conditioning Units: 3
  • Utilities: Septic, Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Self managed
  • Manager Phone: (000)000-0000
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 21

Lot Info

  • Building Project Name: 2388 ocean ave condominium

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 2205.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Aug 4, 2021
Sold by
Lipchits Alla and Lpchits Alla
Bought by
Lu Qi and Tang Yong Yi
Seller's Agent
Barbara Labarca
Sold Price
$600,000
Current Estimated Value
$675,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,838
Avg. Annual Appreciation
2.59%
Original Mortgage
$450,000
Outstanding Balance
$408,573
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$267,265

Purchase Details

Closed on
Nov 7, 2008
Sold by
Ocean Avenue Development Group Llc
Bought by
Lpchits Alla and Rybalov Oleg
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Qi $600,000 --
Lpchits Alla $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Qi $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $600,000 -- $556 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $6,616 $55,354 $5,578 $49,776
2024 $6,616 $65,641 $5,578 $60,063
2023 $4,839 $57,342 $5,578 $51,764
2022 $3,480 $53,792 $5,578 $48,214
2021 $2,127 $40,882 $5,578 $35,304
2020 $1,233 $46,948 $5,578 $41,370
2019 $241 $45,165 $5,578 $39,587
2018 $245 $43,792 $5,578 $38,214
2017 $245 $36,518 $5,578 $30,940
2016 $248 $36,558 $5,577 $30,981
2015 $194 $34,161 $5,578 $28,583
2014 $194 $33,833 $5,578 $28,255
Source: Public Records

Agents Affiliated with this Home

  • Barbara Labarca

    Seller's Agent in 2021

    Barbara Labarca

    (347) 512-4635

    1 in this area

    16 Total Sales

    Barbara Labarca
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 443608

Brooklyn Board of REALTORS®

APN: 07298-1108

New York Kings County Brooklyn 11229 Homecrest

2388 Ocean Ave Unit 7, Brooklyn, NY

Not Listed for Sale

Condos

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