NOT LISTED FOR SALE

341 Ridgewood Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $942,663

5 Beds
5 Baths
3,700 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 341 Ridgewood Ave, Brooklyn, NY 11208 and is currently estimated at $942,663, approximately $254 per square foot. 341 Ridgewood Ave is a home located in Kings County with nearby schools including P.S. 65, Is 171 Abraham Lincoln, and Brownsville Collegiate Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Jw Lao Llc
Bought by
341 Ridgewood Llc
Current Estimated Value
$942,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Outstanding Balance
$696,023
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,640

Purchase Details

Closed on
Dec 11, 2013
Sold by
341 Ridgewood Management Inc
Bought by
Jw Lao Llc

Purchase Details

Closed on
Mar 16, 2011
Sold by
Spence Kenneth and Spence Sonia
Bought by
341 Ridgewood Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1997
Sold by
Wang Mei Hui and Wang Huei Land
Bought by
Spence Kenneth and Spence Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
341 Ridgewood Llc $860,000 --
341 Ridgewood Llc $860,000 --
341 Ridgewood Llc $860,000 --
Jw Lao Llc $498,000 --
Jw Lao Llc $498,000 --
341 Ridgewood Management Inc $550,000 --
341 Ridgewood Management Inc $550,000 --
Spence Kenneth $240,000 --
Spence Kenneth $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 341 Ridgewood Llc $730,000
Closed 341 Ridgewood Llc $730,000
Previous Owner 341 Ridgewood Management Inc $302,500
Previous Owner Spence Kenneth $168,000
Closed Spence Kenneth $24,000
Source: Public Records

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 $12,238 $267,750 $98,100 $169,650
2024 $12,238 $223,020 $98,100 $124,920
2023 $11,576 $185,850 $98,100 $87,750
2022 $10,694 $232,200 $98,100 $134,100
2021 $9,929 $273,150 $98,100 $175,050
2020 $4,881 $299,700 $98,100 $201,600
2019 $9,496 $276,480 $98,100 $178,380
2018 $9,233 $72,592 $30,908 $41,684
2017 $8,551 $67,232 $30,534 $36,698
2016 $8,027 $62,263 $32,945 $29,318
2015 $5,210 $62,263 $39,572 $22,691
2014 $5,210 $57,920 $44,149 $13,771
Source: Public Records

Map

New York Kings County Brooklyn 11208 Cypress Hills

341 Ridgewood Ave, Brooklyn, NY

Not Listed for Sale

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