NOT LISTED FOR SALE

2503 E 29th St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $925,000 - $1,050,000

3 Beds
3 Baths
2,088 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $725,000 $347 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,704/month

21 Days on Market

About This Home

As of August 2023

Single Family home in Sheepshead Bay. 3 bedrooms on the top floor with full bathroom. First floor has half bathroom, eat in kitchen and living room. Basement has open room, laundry area, and attached garage. Private Driveway. Large backyard space. Good amount of storage space and closets. Nearby to B36 and B44 buses on Nostrand Avenue. Tons of shopping and stores. All offers submitted with mortgage pre-approval and/or buyer financial profile.

Last Agent to Sell the Property

Josephine Sabatino

RE Max Edge Group License #10491209651 Listed on: 03/21/2023

RE Max Edge Group

Home Details

Home Type

  • Single Family

Lot Details

  • 1,873

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • Sheepshead Bay Subdivision

Listing and Financial Details

  • Tax Block 7445

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Cross Street: AVE. Y
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2088.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No

Building Info

  • Total Stories: 2

Tax Info

  • Tax Block: 7445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Chen Jiankeng and Zhan Binhu
Bought by
Zhu Colin and Zhu Eli
Current Estimated Value
$978,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$671,067
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,567

Purchase Details

Listed on
Mar 21, 2023
Closed on
Aug 22, 2023
Sold by
Babich As Surviving Tenant Phillip
Bought by
Chen Jiankeng and Zhan Binhu
Seller's Agent
Josephine Sabatino
RE Max Edge Group
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Source: Public Records

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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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
Zhu Colin $939,998 --
Zhu Colin $939,998 --
Chen Jiankeng $725,000 --
Chen Jiankeng $725,000 --
Chen Jiankeng $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Colin $680,000
Closed Zhu Colin $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $725,000 +3.7% $347 / Sq Ft
08/06/2023 08/06/23 Off Market $699,000 -- --
05/05/2023 05/05/23 Off Market $699,000 -- --
04/13/2023 04/13/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $699,000 -- $335 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,028 $74,280 $8,400 $65,880
2024 $7,028 $62,400 $8,400 $54,000
2023 $7,053 $58,560 $8,400 $50,160
2022 $6,654 $53,640 $8,400 $45,240
2021 $6,470 $58,800 $8,400 $50,400
2019 $6,100 $55,200 $8,400 $46,800
2018 $5,900 $28,941 $5,881 $23,060
2017 $5,566 $27,303 $5,222 $22,081
2016 $5,149 $25,758 $6,592 $19,166
2015 $3,498 $24,300 $9,360 $14,940
2014 $3,498 $24,300 $9,360 $14,940
Source: Public Records

Agents Affiliated with this Home

  • Josephine Sabatino

    Seller's Agent in 2023

    Josephine Sabatino

    RE Max Edge Group

    (718) 628-2810

    1 in this area

    11 Total Sales

    Josephine Sabatino
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10881150

Real Estate Board of New York (REBNY)

APN: 07445-0071

New York Kings County Brooklyn 11235 Sheepshead Bay

2503 E 29th St, Brooklyn, NY

Not Listed for Sale

Detached

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