NOT LISTED FOR SALE

2511 Ocean Ave Unit 304 Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $703,000 - $755,000

2 Beds
2 Baths
1,165 Sq Ft
0.25 Acres

Last Sold September 20, 2022

Last sale price $640,000 $549 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,723/month

Highlights

  • Wood Flooring
  • Terrace
  • Multiple cooling system units
  • Jhs 234 Arthur W Cunningham Rated A-
  • Elevator
  • 1 Car Garage

About This Home

As of September 2022

Come See This Duplex Condo in The Sheepshead Bay Neighborhood of Brooklyn! The First Floor of this Unit features a Beautiful Open Concept Kitchen, equipped with Stainless Steel appliances, a Full Bathroom, a Laundry Area, and a Living Room with Sliding Doors to the First Balcony. The Second Floor features 2 Bedrooms with nice Closet Space, a Full Bathroom, and a Second Balcony off the Primary Bedroom! This Unit has 2 Entries, 1 on the lower floor and 1 on the upper floor, which is accessible through a private exterior hallway. In Close Proximity to Shopping & Dining Options, and the B3, BM3, and B49 buses. A Must See, Present All Offers!

Last Listed By

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 05/11/2022

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 2005

Lot Details

  • 0.25

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Deeded Parking

Outdoor Features

  • Terrace

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Tax Block 7325

Community Details

Overview

  • 25 Units
  • Casa Bianco Condo
  • Property managed by Self-Managed

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,035

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue T
  • Cross Street Name2: Avenue U
  • Down Payment Required: 5
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Maintenance Common Fee: 350.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space, Deeded, Garage
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dishwasher, Elevator, Laundry Area, Microwave, Refrigerator, Stove, Terrace
  • Rooms Total Level1: 6
  • Street Name I D X: Ocean
  • Street Number I D X: 2511
  • Waterfront Present: No
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Entry Floor: 3
  • Pets Allowed: Yes
  • Room Count: 8
  • Total Rooms: 4
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 7501

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Parking, Septic, Sewer, Water

Condo/Co-op/Association

  • Management Company: Self-Managed
  • Manager Phone: 000-000-0000
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 25

Lot Info

  • Building Project Name: Casa Bianco Condo

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 6035.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Dec 12, 2018
Sold by
Kader Ma Fang and Kader Ma
Bought by
Lagutin Aleksandr and Lagutin Yuriy
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Total Days on Market
0
Current Estimated Value
$726,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,569
Avg. Annual Appreciation
1.74%
Original Mortgage
$453,000
Outstanding Balance
$402,958
Interest Rate
4.8%
Mortgage Type
Unknown
Estimated Equity
$323,611

Purchase Details

Closed on
Apr 15, 2015
Sold by
Kuznetsova Yelena
Bought by
Ma Kader and Ma Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2012
Sold by
Bukhman Galina and Shorshtein Alexander
Bought by
Kuznetsova Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2006
Sold by
2509 Ocean Avenue Realty Llc
Bought by
Bukhman Galina and Shorshtein Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Lagutin Aleksandr $650,000 --
Ma Kader $520,000 --
Kuznetsova Yelena $470,000 --
Bukhman Galina $449,202 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagutin Aleksandr $453,000
Previous Owner Ma Kader $320,000
Previous Owner Kuznetsova Yelena $376,000
Previous Owner Bukhman Galina $374,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $640,000 0.0% $549 / Sq Ft
09/20/2022 09/20/22 Sold $640,000 -1.2% $549 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $648,000 -7.2% $556 / Sq Ft
05/16/2022 05/16/22 For Sale $698,000 +7.4% $599 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
12/12/2018 12/12/18 Sold $650,000 -7.0% $558 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $699,000 -- $600 / Sq Ft
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
2024 $7,866 $79,707 $2,203 $77,504
2023 $5,878 $70,379 $2,203 $68,176
2022 $6,872 $64,409 $2,203 $62,206
2021 $4,905 $49,200 $2,203 $46,997
2020 $2,013 $56,236 $2,203 $54,033
2019 $2,820 $55,507 $2,203 $53,304
2016 $403 $53,873 $2,203 $51,670
2015 $210 $44,491 $2,203 $42,288
2014 $210 $29,282 $2,203 $27,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 462440

Brooklyn Board of REALTORS®

APN: 07325-1210