NOT LISTED FOR SALE

2475 Ocean Ave Unit 5 Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $894,865

3 Beds
2 Baths
1,536 Sq Ft
3,311 Sq Ft Lot

Sale Details

Date Sold: May 15, 2018

Last sale price $740,000 $482 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,944 / mo

Highlights

  • Intercom to Front Desk
  • Terrace
  • Tile Flooring
  • Jhs 234 Arthur W Cunningham Rated A-
  • Handicap Accessible
  • Central Air

About This Home

As of May 2018

Huge true 1536 Sq Ft beautiful, sunny condo on the 5th floor of the elevator building with covered parking included in the asking price. 3 large (all king sized) bedrooms, 2 Full size bath Only one apartment per floor so you get your private hallway before you enter in to the apartment thru the private key elevator that stops on your floor only if you use your key. Unit Features: Private keyed elevator entrance. Video intercom. One full size balcony off the leaving room and one French balcony of the master bedroom. New custom kitchen with quartz countertop & stainless steel appliances. Parquet floors & porcelain tiles through-out. In unit washer & dryer hook-up. Central air cooling and heating. Low HOA fee only $350 a month. Only 10 years young and still have 5 years of the tax abatement current real estate tax is $30 a month. Very desirable location. Between Avenue U and T. Just few minutes walk to subway (Q train), local & express buses, shopping, & restaurants.

Last Agent to Sell the Property

Leonid Sklyar

RE/MAX Edge License #10301207131 Listed on: 12/25/2017

RE/MAX Edge

Co-Listed By

Albert Taye

RE/MAX Edge License #30TA0927395

Last Buyer's Agent

Diana Franceschi

J. Milo Real Estate Ltd

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $357

Year Built

  • Built in 2007

Lot Details

  • 3,311

Parking

  • 1 Parking Space

Home Design

  • 1,536 Sq Ft Home
  • Entry on the 5th floor

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Handicap Accessible
  • Terrace
  • Sprinkler System

Listing and Financial Details

  • Tax Block 7325
  • Property eligible for a tax abatement

Community Details

Overview

  • 7 Units
  • Association Phone (347) 515-3898
  • 2475 Ocean Avenue Llc Condos
  • Property managed by Self Management

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator
  • Secure Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$357

Year Built

Built in 2007

Lot Details

3,311 Sq Ft Lot

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 110460
  • Co List Office Phone: (718) 236-7100
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue U
  • Cross Street Name2: Avenue T
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Air
  • Maintenance Common Fee: 350.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space, Other
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Central Air, Dishwasher, Elevator, Laundry Area, Microwave, Refrigerator, Stove, Terrace
  • Fill Sq Ft Total: 1536
  • Street Name I D X: Ocean
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Parquet, Tile
  • Entry Floor: 5
  • Pets Allowed: Yes
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1004

Utilities

  • Air Conditioning Units: 0
  • Heating Fuel: Gas
  • Utilities: Parking, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Self Management
  • Manager Phone: 347-515-3898
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 7

Lot Info

  • Building Project Name: 2475 Ocean Avenue LLC

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 357.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2017
Closed on
May 15, 2018
Sold by
Feng Angela Bao-Ci
Bought by
Seller's Agent
Leonid Sklyar
RE/MAX Edge
Buyer's Agent
Diana Franceschi
J. Milo Real Estate Ltd
Sold Price
$740,000
Current Estimated Value
$894,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,865
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Oveg Development Corp
Bought by
Feng Angela Bao-Ci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.8%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, NY

  • Gregory Valvo Real Estate Agent - Revived Residential

    Gregory Valvo

    Revived Residential

    (914) 775-7428

    63 Total Sales

    2 in Madison

    $910,000 Price Range

    Gregory Valvo
     Section Image
  • Dazhi Simon Su Real Estate Agent - Re/Max Edge

    Dazhi Simon Su

    Re/Max Edge

    (646) 718-5880

    68 Total Sales

    1 in Madison

    $1,850,000 Price

    Dazhi Simon Su
     Section Image
  • Madeline Caudiano Real Estate Agent - RE/MAX Elite

    Madeline Caudiano

    RE/MAX Elite

    (844) 643-0562

    40 Total Sales

    2 in Madison

    $970K - $1.2M Price Range

    Madeline Caudiano
     Section Image
  • Brian Cutrone Real Estate Agent - Exit Realty Achieve

    Brian Cutrone

    Exit Realty Achieve

    (855) 616-1277

    30 Total Sales

    1 in Madison

    $755,000 Price

    Brian Cutrone
     Section Image
  • Colleen Brady Real Estate Agent - Rockaway Properties

    Colleen Brady

    Rockaway Properties

    (929) 552-1097

    55 Total Sales

    2 in Madison

    $720,000 Price Range

    Colleen Brady
     Section Image
  • Yeugena Atayan Real Estate Agent - RE/MAX Real Estate Professiona

    Yeugena Atayan

    RE/MAX Real Estate Professiona

    (866) 450-0598

    24 Total Sales

    2 in Madison

    $390K - $520K Price Range

    Yeugena Atayan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$740,000 --
Feng Angela Bao-Ci $569,202 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $5,523
Previous Owner Feng Angela Bao-Ci $364,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $740,000 -- $482 / Sq Ft
12/25/2017 12/25/17 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,709 $106,663 $6,957 $99,706
2025 $10,333 $90,426 $6,957 $83,469
2024 $10,333 $95,708 $6,957 $88,751
2023 $9,586 $90,817 $6,957 $83,860
2022 $9,180 $86,078 $6,957 $79,121
2021 $6,480 $65,341 $6,957 $58,384
2020 $2,683 $75,318 $6,957 $68,361
2019 $3,654 $73,166 $6,957 $66,209
2018 $1,914 $75,253 $6,957 $68,296
2017 $352 $68,405 $6,956 $61,449
2016 $357 $69,384 $6,957 $62,427
2015 $279 $56,733 $6,957 $49,776
2014 $279 $51,059 $6,956 $44,103
Source: Public Records

Agents Affiliated with this Home

  • Leonid Sklyar Real Estate Agent - RE/MAX Edge

    Seller's Agent in 2018

    Leonid Sklyar

    RE/MAX Edge

    (347) 515-3898

    2 in this area

    125 Total Sales

    Leonid Sklyar
    Section Image
  • Albert Taye Real Estate Agent - RE/MAX Edge

    Seller Co-Listing Agent in 2018

    Albert Taye

    RE/MAX Edge

    (917) 592-1281

    2 in this area

    79 Total Sales

    Albert Taye
    Section Image
  • Diana Franceschi Real Estate Agent - J. Milo Real Estate Ltd

    Buyer's Agent in 2018

    Diana Franceschi

    J. Milo Real Estate Ltd

    (646) 812-2004

    11 Total Sales

    Diana Franceschi
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 416827

Brooklyn Board of REALTORS®

APN: 07325-1004

New York Kings County Brooklyn 11229 Madison

2475 Ocean Ave Unit 5, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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