NOT LISTED FOR SALE

541 68th St Brooklyn, NY 11220

Bay Ridge Neighborhood

Estimated Value: $1,055,000 - $1,197,000

3 Beds
2 Baths
1,480 Sq Ft
$772/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $939,000 $634 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,854/month

26 Days on Market

Highlights

  • Garden
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • 4-minute walk to Bay Ridge Avenue

About This Home

As of March 2021

Located on a charming treelined block, 541 68th St is the perfect opportunity to own a private house for less then a Condo!

This 3-bedroom 2 bath, brick home has been lovingly maintained. You will find preserved historical details everywhere you look. Beautiful original wood floors run throughout the home, coffered ceilings add elegance to the formal dining room and original wood moldings frame the doorways and windows.

Enter the home through a mudroom, which leads you into the heart of the home. A spacious living room opens up to an elegant formal dining room overlooking your quaint backyard. Upstairs, you will find three bedrooms and a full bath. The basement is currently used as a recreation room with a storage room, cedar closet, laundry room and a full bathroom.

The home has been updated with Anderson windows, the bricks have been re-pointed, the roof has been re-finished and the boiler has been updated.

This classic home is filled with endless possibilities. Fresh markets, transportation and all that Bay Ridge has to offer are just minutes away.

Last Agent to Sell the Property

Gerald Gemignani

Corcoran Group License #40GE1178812 Listed on: 11/11/2020

Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,665

Lot Details

  • Garden

Home Design

  • 1,480 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • Bay Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,665

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1480.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Mar 2, 2021
Sold by
Panchok Frances
Bought by
Fletcher Madison and Sidman Eli L
Seller's Agent
Gerald Gemignani
Corcoran Group
List Price
$939,000
Sold Price
$939,000
Current Estimated Value
$1,142,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,785
Avg. Annual Appreciation
4.47%
Original Mortgage
$765,600
Outstanding Balance
$687,864
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$454,921

Purchase Details

Closed on
Feb 21, 2017
Sold by
Panchok'S Estate Philomena
Bought by
Panchok Frances
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
Fletcher Madison $939,000 --
Panchok Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Madison $765,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $939,000 0.0% $634 / Sq Ft
11/11/2020 11/11/20 For Sale $939,000 -- $634 / 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 $7,665 $84,300 $9,480 $74,820
2024 $7,665 $66,600 $9,480 $57,120
2023 $7,312 $74,400 $9,480 $64,920
2022 $6,781 $66,240 $9,480 $56,760
2021 $6,733 $62,880 $9,480 $53,400
2020 $1,937 $57,240 $9,480 $47,760
2019 $6,653 $57,240 $9,480 $47,760
2018 $6,116 $30,003 $6,782 $23,221
2017 $5,770 $28,306 $5,823 $22,483
2016 $4,606 $26,707 $6,133 $20,574
2015 $2,753 $26,707 $7,855 $18,852
2014 $2,753 $26,503 $9,351 $17,152
Source: Public Records

Agents Affiliated with this Home

  • Gerald Gemignani

    Seller's Agent in 2021

    Gerald Gemignani

    Corcoran Group

    (917) 482-7529

    2 in this area

    32 Total Sales

    Gerald Gemignani
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10752121

Real Estate Board of New York (REBNY)

APN: 05856-0088

New York Kings County Brooklyn 11220 Bay Ridge

541 68th St, Brooklyn, NY

This home is located at 541 68th St, Brooklyn, NY 11220 since 11 November 2020 and is currently estimated at $1,142,785, approximately $772 per square foot. 541 68th St is a home located in Kings County with nearby schools including P.S./I.S. 30 - The Mary White Ovington School, Fort Hamilton High School, and Bay Ridge Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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