NOT LISTED FOR SALE

2493 Ocean Ave Unit 5A Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $694,000 - $940,000

1 Bed
1 Bath
891 Sq Ft
$871/Sq Ft Est. Value

About This Home

This home is located at 2493 Ocean Ave Unit 5A, Brooklyn, NY 11229 and is currently estimated at $776,036, approximately $870 per square foot. 2493 Ocean Ave Unit 5A is a home located in Kings County with nearby schools including P.S. 255 Barbara Reing School, Jhs 234 Arthur W Cunningham, and St. Edmund Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Chen Cai Man and Ng Kin Wai
Bought by
Pan Weijian
Current Estimated Value
$776,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Outstanding Balance
$342,962
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,074

Purchase Details

Closed on
Mar 22, 2017
Sold by
2493 Ocean Avenue Llc
Bought by
Chen Cai Man and Ng Kin Wai
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Pan Weijian $545,000 --
Chen Cai Man $493,818 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Weijian $354,000
Source: Public Records

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 $297 $69,245 $3,025 $66,220
2024 $297 $70,390 $3,025 $67,365
2023 $292 $65,261 $3,025 $62,236
2022 $291 $61,091 $3,025 $58,066
2021 $292 $48,405 $3,025 $45,380
2019 $300 $52,436 $3,025 $49,411
2018 $302 $46,852 $3,026 $43,826
2017 $302 $44,860 $3,025 $41,835
Source: Public Records

Map

New York Kings County Brooklyn 11229 Madison

2493 Ocean Ave Unit 5A, Brooklyn, NY

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