Seller's Agent in 2019
Yat Chi (Stanley Ng
RE/MAX Edge
(718) 872-5522
1 in this area
31 Total Sales
2617 Ocean Ave Brooklyn, NY 11229
Sheepshead Bay NeighborhoodEstimated Value: $1,099,000 - $1,497,000
5
Beds
2
Baths
2,560
Sq Ft
$500/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bike Room
- Garden
- Ps 206 Joseph F Lamb Rated A-
- 2 Car Detached Garage
- 5-minute walk to Galapo playground
About This Home
As of April 2019Quintessential Sheepshead Bay 2 family brick property is what Brooklyn living is all about. Rarely does an oversized property this desirable situated on highly coveted Ocean Avenue become available. This 3 bedroom over 2 bedroom home boasts a floor plan that can only be humbly described as perfection. An extra wide shared driveway leads you to the rear where a 2 car garage awaits utilization. Every element of this unique property exhibits comfort and accessibility in its most simplistic form. Situated
between Avenue U and V, you’re 4 short blocks from the express Q train and 1 block from the B3 bus line. Zoned for P.S. 206 allows for your children to obtain academic excellence from pre-k to 8th grade. Food and everyday conveniences are a breeze with
this property’s locale as you have an endless array of restaurants, supermarkets, coffee shops, banks, pharmacies and playgrounds. The immense size of this property allows for conversion into a 4 family residence making this a true investment gem. Schedule a viewing to find out why this property is a must have in a can’t miss location!!!
Last Agent to Sell the Property
RE/MAX Edge License #10301215078 Listed on: 08/27/2018
Last Buyer's Agent
Andrew Wong
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,669
Year Built
- Built in 1925
Lot Details
- 2,538 Sq Ft Lot
- Lot Dimensions are 105 x 24
- Garden
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Wood Frame Construction
Interior Spaces
- 2,560 Sq Ft Home
- Window Treatments
- Wood Flooring
- Unfinished Basement
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Shared Driveway
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Oil
- 110 Volts
- Oil Water Heater
Listing and Financial Details
- Tax Block 7353
Community Details
Overview
- 2 Units
Amenities
- Bike Room
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2018
Closed on
Apr 5, 2019
Sold by
Chin Un Mei and Ng Robert
Bought by
2617 Fong Realty Corp
Seller's Agent
Yat Chi (Stanley Ng
RE/MAX Edge
Buyer's Agent
Andrew Wong
Sold Price
$900,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,156
Avg. Annual Appreciation
5.51%
Original Mortgage
$498,000
Outstanding Balance
$438,712
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$841,444
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2617 Fong Realty Corp | $900,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2617 Fong Realty Corp | $498,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2019 04/05/19 | Sold | $900,000 | -- | $352 / Sq Ft |
| 08/27/2018 08/27/18 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $10,104 | $87,300 | $13,800 | $73,500 |
| 2024 | $10,104 | $83,460 | $13,800 | $69,660 |
| 2023 | $9,692 | $77,460 | $13,800 | $63,660 |
| 2022 | $9,012 | $79,920 | $13,800 | $66,120 |
| 2021 | $9,501 | $72,060 | $13,800 | $58,260 |
| 2020 | $7,126 | $68,580 | $13,800 | $54,780 |
| 2019 | $8,769 | $68,580 | $13,800 | $54,780 |
| 2018 | $8,107 | $39,770 | $8,889 | $30,881 |
| 2017 | $7,669 | $37,621 | $9,284 | $28,337 |
| 2016 | $7,521 | $37,621 | $9,711 | $27,910 |
| 2015 | $4,061 | $37,024 | $10,590 | $26,434 |
| 2014 | $4,061 | $34,934 | $11,988 | $22,946 |
Source: Public Records
Agents Affiliated with this Home
-
Yat Chi (Stanley Ng
-
A
Buyer's Agent in 2019
Andrew Wong
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 423088
APN: 07353-0047
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