NOT LISTED FOR SALE

2485 Ocean Ave Unit 2B Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $805,756

3 Beds
2 Baths
1,247 Sq Ft
2017 Built

Sale Details

Date Sold: January 23, 2018

Last sale price $765,000 $613 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,693 / mo

Highlights

  • Central Air
  • Jhs 234 Arthur W Cunningham Rated A-
  • Private Driveway

About This Home

As of January 2018

Another building built by very well known developer !
Best quality of work and materials ! Location !!!
Ocean Ave. between Ave.T and Ave. U !!! This is a PRIME LOCATION!
Close to everything : shopping , transportation , schools. Brand new luxury elevator building has ten 3 Bedrooms and two 2 bedrooms apartments , parking lot and beautiful lobby. Large ( 1247 Sq.ft. ) 3 bedrooms unit has 2 bathrooms and two balconies (150 & 147 Sq. ft.). Monthly common charges is $237 Condo has 15 years tax abatement !!! Very comfortable layout . High ceilings . Beautiful modern kitchen with granite counter tops. Central A/C . Tank less water heater. Washer & dryer hookups. Apartment is very light & quiet. Parking spots in the garage available.

Last Agent to Sell the Property

Dimitri Timchenko

Listed on: 06/21/2017

Last Buyer's Agent

Dimitri Timchenko

Listed on: 06/21/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $111

Year Built

  • Built in 2017

Home Design

  • 1,247 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Private Driveway
  • Parking Lot

Utilities

  • Central Air

Community Details

  • 12 Units
  • Association Phone (718) 564-7827
  • 2485 Ocean Avenue Condominiums
  • Property managed by 2485 Ocean Avenue Condominium Association

Listing and Financial Details

  • Tax Block 7325
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$111

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: T
  • Cross Street Name2: U
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Maintenance Common Fee: 255.72
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Central Air
  • Fill Sq Ft Total: 1247
  • Street Name I D X: Ocean
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Floor: 2
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 69

Utilities

  • Air Conditioning Units: 1
  • Utilities: Other

Condo/Co-op/Association

  • Management Company: 2485 Ocean Avenue Condominium Association
  • Manager Phone: 718-564-7827
  • Units In Building: 12

Lot Info

  • Building Project Name: 2485 Ocean Avenue Condominiums

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 110.98

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
Jun 21, 2017
Closed on
Jan 18, 2018
Sold by
Jacobs Developers Llc
Bought by
Seller's Agent
Dimitri Timchenko
Buyer's Agent
Dimitri Timchenko
Sold Price
$765,000
Current Estimated Value
$805,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,756
Avg. Annual Appreciation
0.60%
Original Mortgage
$612,000
Outstanding Balance
$504,082
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,674
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

    1 in Madison

    $910,000 Price

    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

    31 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
$778,961 --
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
Open $11,994
Open Chan Tracy Yimting $612,000
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
01/23/2018 01/23/18 Sold $765,000 -- $613 / Sq Ft
06/21/2017 06/21/17 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 $1,307 $131,481 $20,948 $110,533
2025 $1,307 $111,298 $20,948 $90,350
2024 $1,307 $110,129 $20,948 $89,181
2023 $1,283 $106,356 $20,948 $85,408
2022 $1,280 $101,479 $20,948 $80,531
2021 $1,283 $83,862 $20,948 $62,914
2020 $1,304 $91,633 $20,948 $70,685
2019 $1,319 $91,633 $20,948 $70,685
2018 $15,363 $94,462 $20,948 $73,514
Source: Public Records

Agents Affiliated with this Home

  • DT

    Seller's Agent in 2018

    Dimitri Timchenko

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 411635

Brooklyn Board of REALTORS®

APN: 07325-1602

New York Kings County Brooklyn 11229 Madison

2485 Ocean Ave Unit 2B, Brooklyn, NY

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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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