NOT LISTED FOR SALE

2503 Ocean Ave Unit 4B Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $563,000 - $856,000

2 Beds
2 Baths
781 Sq Ft
8,233 Sq Ft Lot

Last Sold May 22, 2023

Last sale price $590,000 $755 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,214/month

Highlights

  • Elevator
  • Cooling Available
  • Handicap Accessible
  • Jhs 234 Arthur W Cunningham Rated A-

About This Home

As of May 2023

Brand new building in hart of Brooklyn

Last Agent to Sell the Property

Lin Guo

E Realty International Corp Listed on: 03/17/2022

E Realty International Corp

Last Buyer's Agent

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 2019

Lot Details

  • 8,233

Home Design

  • 781 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Stove
  • Handicap Accessible
  • Cooling Available

Listing and Financial Details

  • Tax Block 7325

Community Details

Overview

  • 6 Units
  • Association Phone (917) 468-2688
  • Begonia Garden Condominium Condos

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,000

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenues T
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 163.00
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Elevator, Refrigerator, Stove
  • Fill Sq Ft Total: 781
  • Street Name I D X: Ocean
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Floor: 4
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 63

Utilities

  • Air Conditioning Units: 1
  • Utilities: Sewer, Water

Condo/Co-op/Association

  • Manager Phone: 917-468-2688
  • Units In Building: 6

Lot Info

  • Building Project Name: Begonia Garden Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 6000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Begonia Garden Llc
Bought by
Liang Bingjian and Ning Lianglan
Current Estimated Value
$654,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Outstanding Balance
$240,701
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,139
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Liang Bingjian $603,467 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Bingjian $253,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $590,000 -- $755 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $9,365 $78,729 $12,626 $66,103
2024 $9,365 $77,392 $12,626 $64,766
2023 $7,544 $74,542 $12,626 $61,916
2022 $8,659 $70,773 $12,626 $58,147
2021 $8,421 $68,647 $12,626 $56,021
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lin Guo

    E Realty International Corp

    (718) 886-8110

    1 in this area

    138 Total Sales

    Lin Guo
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 459919

Brooklyn Board of REALTORS®

APN: 07325-1713

New York Kings County Brooklyn 11229 Madison

2503 Ocean Ave Unit 4B, 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.

Nearby Homes