Seller's Agent in 2023
Josephine Sabatino
RE Max Edge Group
(718) 628-2810
1 in this area
11 Total Sales
55 88th St Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated Value: $1,750,000 - $2,233,449
4
Beds
4
Baths
2,450
Sq Ft
$817/Sq Ft
Est. Value
Highlights
- City View
- Heating System Uses Natural Gas
- Gas Fireplace
- P.S. 185 Walter Kassenbrock Rated A
About This Home
As of August 2023Beautiful, 2 Family, Fully Detached Colonial home For Sale in the heart of the highly sought after Brooklyn neighborhood of Bay Ridge. Large front porch, well-maintained grounds, & private drive with ample room for 3 cars plus a two car detached garage, is just the start of what this home has to offer! Three bedroom duplex over a one bedroom, and fully finished basement. Eat-in-Kitchen has tons of cabinets and countertop space. There is an abundance of closet space throughout the home, lots of original wood detail, parquet flooring, fireplace, & original stained glass window. Washer & Dryer on every floor. Large backyard including an above ground pool to enjoy the beautiful days outdoors. Nearby to lovely Shore Road, lush parks with views of the beautiful harbor. Restaurants and shops along 3rd Avenue, easy commute to NYC via ferry and express buses all close by. All offers submitted with pre-approval and/or financial profile.
Last Agent to Sell the Property
RE Max Edge Group License #10491209651 Listed on: 08/31/2022
Property Details
Home Type
- Multi-Family
Lot Details
- 4,000
Home Design
Interior Spaces
- 2,450 Sq Ft Home
- Gas Fireplace
- City Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
Community Details
- Bay Ridge Subdivision
Listing and Financial Details
- Tax Block 1202
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2022
Closed on
Aug 17, 2023
Sold by
Lauro George and Lauro-Shapiro Rosella
Bought by
Lanza Michael and Mitzeliotis Claudia
Seller's Agent
Josephine Sabatino
RE Max Edge Group
List Price
$1,799,000
Sold Price
$1,700,000
Premium/Discount to List
-$99,000
-5.5%
Views
451
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
$301,112
Avg. Annual Appreciation
7.03%
Original Mortgage
$1,275,000
Outstanding Balance
$1,244,307
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$756,805
Purchase Details
Closed on
Mar 21, 2011
Sold by
Shapiro Rosella
Bought by
Lauro George and Lauro-Shapiro Rosella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2002
Sold by
Thompson Marttie L
Bought by
Lauro George F and Lauro Lucetta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Lanza Michael | $1,700,000 | -- | |
| Lanza Michael | $1,700,000 | -- | |
| Lauro George | -- | -- | |
| Lauro George | -- | -- | |
| Lauro George F | -- | -- | |
| Lauro George F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lanza Michael | $1,275,000 | |
| Closed | Lanza Michael | $1,275,000 | |
| Previous Owner | Lauro George | $245,000 | |
| Previous Owner | Lauro George F | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2023 08/21/23 | Sold | $1,700,000 | 0.0% | $694 / Sq Ft |
| 05/31/2023 05/31/23 | Off Market | $1,700,000 | -- | -- |
| 05/17/2023 05/17/23 | Pending | -- | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $1,799,000 | +5.8% | $734 / Sq Ft |
| 03/30/2023 03/30/23 | Off Market | $1,700,000 | -- | -- |
| 03/17/2023 03/17/23 | Price Changed | $1,799,000 | -5.3% | $734 / Sq Ft |
| 10/08/2022 10/08/22 | Price Changed | $1,899,000 | -9.5% | $775 / Sq Ft |
| 08/31/2022 08/31/22 | For Sale | $2,099,000 | -- | $857 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $14,767 | $132,120 | $32,940 | $99,180 |
| 2024 | $14,767 | $110,820 | $32,940 | $77,880 |
| 2023 | $12,854 | $129,720 | $32,940 | $96,780 |
| 2022 | $11,614 | $122,520 | $32,940 | $89,580 |
| 2021 | $11,563 | $101,640 | $32,940 | $68,700 |
| 2020 | $5,747 | $106,020 | $32,940 | $73,080 |
| 2019 | $11,281 | $106,020 | $32,940 | $73,080 |
| 2018 | $10,356 | $58,044 | $20,773 | $37,271 |
| 2017 | $10,289 | $54,820 | $18,952 | $35,868 |
| 2016 | $9,507 | $51,955 | $19,767 | $32,188 |
| 2015 | $5,699 | $51,955 | $23,757 | $28,198 |
| 2014 | $5,699 | $51,057 | $19,850 | $31,207 |
Source: Public Records
Agents Affiliated with this Home
-
Josephine Sabatino
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10880301
APN: 06046-0052
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