NOT LISTED FOR SALE

3715 Mermaid Ave Unit 1B Brooklyn, NY 11224

Seagate Neighborhood

Estimated Value: $676,166

3 Beds
2 Baths
1,474 Sq Ft
8,015 Sq Ft Lot

Last Sold May 11, 2021

Last sale price $736,000 $499 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,299/month

105 Days on Market

About This Home

As of May 2021

If you are looking for a spacious home with outdoor space near the beach, this is the one! This 3 bedroom, 2 bathroom, 1474 sf upper duplex condo has 3 outdoor terraces, 4 skylights and a private driveway.



 



The second floor has a grand living room (with 12'5" ceilings & two skylights), two bedrooms (both with closets & outdoor terraces), full bathroom, eat-in kitchen and full size washer/dryer closet. The kitchen (also with 12'5" ceilings & skylight) has modern appliances including dishwasher, granite countertops and a glass sliding door to a rear outdoor terrace. Up the steps to the 3rd floor is the large master bedroom and bathroom with Jacuzzi tub & skylight. Glass sliding doors lead to a private outdoor deck with beautiful partial ocean views. Parking will never be an issue with your private driveway including a 8 x 12 storage shed.



 



Seagate is one of NYC's only private gated beachfront communities with the most beautiful private beach in NYC. Other neighborhood amenities include a newly built playground designed by Disney in Lindy Park & neighborhood treescape program. The nearest subway stops, which offer D, F, Q, and N trains, is a mile and a half away, though the B36 and B74 buses will take commuters there from the neighborhood's gates. There is also an X28 express bus to Midtown Manhattan from Neptune Avenue. Annual taxes are $5800 and Seagate Assn dues are $3600.

Last Agent to Sell the Property

Kurt Vikki

Compass License #10401239518 Listed on: 01/25/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 2003

Lot Details

  • 8,015

Home Design

  • Pre War Building

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • Seagate Subdivision

Listing and Financial Details

  • Tax Block 7029

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,796

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Surf Ave
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: SEAGATE
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1474.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 2003

Tax Info

  • Tax Block: 7029
  • Tax Annual: 5796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
May 11, 2021
Sold by
Hancyk Yelena and Hancyu Przemyslaw
Bought by
Dandin Ali
Seller's Agent
Kurt Vikki
Compass
Sold Price
$736,000
Current Estimated Value
$676,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,834
Avg. Annual Appreciation
-2.26%
Original Mortgage
$462,000
Outstanding Balance
$420,727
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$248,034

Purchase Details

Closed on
Nov 15, 2016
Sold by
Lipel Aleksandr
Bought by
Hancyk Yelena and Hancyu Przemyslaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Lipel Aleksandr and Siderman Lucy
Bought by
Lipel Aleksandr

Purchase Details

Closed on
May 25, 2004
Sold by
Seagate Building Enterprise Inc
Bought by
Lipel Aleksandr and Siderman Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Dandin Ali $660,000 --
Hancyk Yelena $530,000 --
Lipel Aleksandr -- --
Lipel Aleksandr $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dandin Ali $462,000
Previous Owner Hancyk Yelena $477,000
Previous Owner Lipel Aleksandr $114,000
Previous Owner Lipel Aleksandr $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Off Market $736,000 -- --
05/11/2021 05/11/21 Sold $736,000 0.0% $499 / Sq Ft
02/03/2021 02/03/21 For Sale -- -- --
02/01/2021 02/01/21 For Sale -- -- --
01/25/2021 01/25/21 For Sale $736,000 -- $499 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,648 $53,465 $2,348 $51,117
2024 $6,648 $42,236 $2,348 $39,888
2023 $6,341 $37,333 $2,348 $34,985
2022 $5,881 $34,419 $2,348 $32,071
2021 $5,849 $34,073 $2,348 $31,725
2020 $2,907 $32,996 $2,348 $30,648
2019 $5,770 $30,710 $2,348 $28,362
2018 $5,304 $26,020 $1,996 $24,024
2017 $5,004 $24,548 $2,032 $22,516
2016 $4,630 $23,159 $2,348 $20,811
2015 $2,977 $23,756 $2,348 $21,408
2014 $2,977 $23,756 $2,348 $21,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10696605

Real Estate Board of New York (REBNY)

APN: 07029-1002