NOT LISTED FOR SALE

2578 W 16th St Unit 2B Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $481,000 - $670,000

3 Beds
1 Bath
972 Sq Ft
6,011 Sq Ft Lot

Last Sold September 15, 2021

Last sale price $570,000 $586 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,495/month

About This Home

As of September 2021

Beautiful 2/3 Bedroom Condo w. 2 full Baths! Unit is currently set up as a 3 BR condo but can easily be converted back to a 2BR. Approx 1000sf, Storage room, Low Maintenance, Low Taxes!

Last Agent to Sell the Property

Raymond Ng

Ashford Homes LLC Listed on: 03/29/2021

Co-Listed By

Shaojie Liang

ProBase Real Estate

Last Buyer's Agent

Adolat Yakubova

RE/MAX Edge License #10401308868

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 2006

Lot Details

  • 6,011

Interior Spaces

  • 972 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Ocean Breeze Condo
  • Property managed by Ocean Breeze

Listing and Financial Details

  • Tax Block 6924
  • Property eligible for a tax abatement

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,890

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Beds Total Level1: 3
  • Borough: Brooklyn
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: west 16 st
  • Down Payment Required: 10
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 180.00
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 5
  • Fill Sq Ft Total: 972
  • Street Name I D X: 16
  • Street Number I D X: 2578
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Entry Floor: 2
  • Room Count: 7
  • Total Rooms: 6
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1305

Utilities

  • Air Conditioning Units: 0
  • Heating Fuel: Gas
  • Utilities: Sewer

Condo/Co-op/Association

  • Management Company: Ocean Breeze
  • Manager Phone: 000-000-0000
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 3

Lot Info

  • Building Project Name: Ocean Breeze Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 1890.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Sep 14, 2021
Sold by
Chen Guo Wei and Chen Su Qing
Bought by
Ilkiv Tetyana and Ilkiv Volodymyr
Seller's Agent
Raymond Ng
Ashford Homes LLC
Buyer's Agent
Adolat Yakubova
RE/MAX Edge
Sold Price
$570,000
Current Estimated Value
$590,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,096
Avg. Annual Appreciation
1.21%
Original Mortgage
$456,000
Outstanding Balance
$417,630
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,107

Purchase Details

Closed on
Feb 20, 2007
Sold by
Lml Development Llc
Bought by
Chen Guo Wei and Chen Su Qing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.3%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ilkiv Tetyana $570,000 --
Chen Guo Wei $350,000 --
Chen Guo Wei $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ilkiv Tetyana $456,000
Previous Owner Chen Guo Wei $5,767
Previous Owner Chen Guo Wei $80,000
Previous Owner Chen Guo Wei $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $570,000 -- $586 / Sq Ft
03/29/2021 03/29/21 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 $3,353 $33,740 $978 $32,762
2024 $3,353 $31,409 $978 $30,431
2023 $3,365 $35,408 $978 $34,430
2022 $3,175 $32,645 $978 $31,667
2021 $2,544 $29,244 $978 $28,266
2020 $934 $27,850 $978 $26,872
2019 $1,347 $24,854 $978 $23,876
2018 $801 $13,807 $731 $13,076
2017 $297 $13,026 $745 $12,281
2016 $291 $12,289 $905 $11,384
2015 $199 $11,594 $978 $10,616
2014 $199 $11,593 $978 $10,615
Source: Public Records

Agents Affiliated with this Home

  • Raymond Ng

    Seller's Agent in 2021

    Raymond Ng

    Ashford Homes LLC

    (646) 996-7933

    22 in this area

    138 Total Sales

    Raymond Ng
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Shaojie Liang

    ProBase Real Estate

    (718) 210-2727

    19 in this area

    100 Total Sales

    Shaojie Liang
    Section Image
  • Adolat Yakubova

    Buyer's Agent in 2021

    Adolat Yakubova

    RE/MAX Edge

    1 in this area

    4 Total Sales

    Adolat Yakubova
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449602

Brooklyn Board of REALTORS®

APN: 06924-1305

New York Kings County Brooklyn 11214 Gravesend

2578 W 16th St Unit 2B, Brooklyn, NY

This home is located at 2578 W 16th St Unit 2B, Brooklyn, NY 11214 since 29 March 2021 and is currently estimated at $590,096, approximately $607 per square foot. This property was built in 2006. 2578 W 16th St Unit 2B is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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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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