NOT LISTED FOR SALE

342 Bay Ridge Pkwy Unit 2 Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,301,000 - $1,521,000

4 Beds
2 Baths
1,000 Sq Ft
$1,404/Sq Ft Est. Value

About This Home

This home is located at 342 Bay Ridge Pkwy Unit 2, Brooklyn, NY 11209 and is currently estimated at $1,404,018, approximately $1,404 per square foot. 342 Bay Ridge Pkwy Unit 2 is a home located in Kings County with nearby schools including P.S. 102 The Bayview School, Junior High School 259 William McKinley, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Chen Wu Wei and Kuang Yan Na
Bought by
Chen Cui Ping and Yuan Hai
Current Estimated Value
$1,404,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$751,875
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$652,143

Purchase Details

Closed on
Oct 24, 1997
Sold by
Kwan Chi Ming
Bought by
Chen Wu Wei and Kuang Yan Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.15%
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.

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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.

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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.

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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.

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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
Chen Cui Ping $1,150,000 --
Chen Wu Wei $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Cui Ping $805,000
Previous Owner Chen Wu Wei $120,000
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 $11,449 $82,020 $16,080 $65,940
2024 $11,449 $68,340 $16,080 $52,260
2023 $11,052 $74,220 $16,080 $58,140
2022 $8,669 $74,820 $16,080 $58,740
2021 $9,139 $79,680 $16,080 $63,600
2020 $9,139 $82,320 $16,080 $66,240
2019 $8,470 $76,080 $16,080 $60,000
2018 $7,815 $38,336 $7,667 $30,669
2017 $7,377 $36,187 $8,971 $27,216
2016 $7,234 $36,187 $10,971 $25,216
2015 $3,898 $35,730 $16,256 $19,474
2014 $3,898 $33,740 $13,058 $20,682
Source: Public Records

Map

New York Kings County Brooklyn 11209 Bay Ridge

342 Bay Ridge Pkwy Unit 2, Brooklyn, NY

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