NOT LISTED FOR SALE

Estimated Value: $637,000 - $799,000

2 Beds
1.5 Baths
12,568 Sq Ft
$295/mo HOA Fee

Last Sold December 08, 2022

Last sale price $625,500 $50 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,521/month

106 Days on Market

About This Home

As of December 2022

Located on the border of Dyker Heights and Bay Ridge, this 2 bedroom 1.5 bath condo measures just under 1000 sqft.? Upon entry you will notice the large loft area that overlooks the living room which can be perfect as a home office or guest room with its own half bath. The vaulted ceiling and skylights give the home a bright and spacious feel. The kitchen is open to the living room which lends to an uninterrupted flow of the unit.? As you continue along, you will find two bedrooms, one of which has its own balcony.? Along the hall you'll find a recently updated full bath, stacked washer/dryer, and plenty of closet space. This unit has its own storage room in the basement.

Last Agent to Sell the Property

William Higgins

Coldwell Banker Reliable R E License #10301213394 Listed on: 08/23/2022

Coldwell Banker Reliable R E

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 1988

Lot Details

  • 8,581

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 12,568 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Ps/Is 104 Fort Hamilton Sch Middle School
  • Fort Hamilton High School

Additional Features

  • No Common Walls
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Legal Lot and Block 1014 / 6055

Community Details

Overview

  • 641 88Th Street Subdivision, 641 88Th Street, #3D Floorplan
  • 641 88Th Street Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,540

Year Built

Built in 1988

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Condominium
  • Levels: Two
  • Subdivision Name: 641 88th Street
  • Development Name: 641 88th Street
  • Year Built: 1988
  • New Construction: No
  • Attribution Contact: 718-921-3100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Area Units: Square Feet
  • Attic Description: See Remarks
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: See Remarks
  • Inclusions: A/C Units
  • Entry Level: 3
  • Total Bedrooms: 2
  • Living Area: 12568.00
  • Square Footage: 12568.00

Exterior Features

  • Construction Materials: Other
  • Building Location: 12,568
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: Yes
  • Parking Description: Other, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Garbage Removal: Other
  • Heating: Other, See Remarks
  • Hot Water: See Remarks
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • Middle School: Ps/Is 104 Fort Hamilton Sch (The)
  • High School: Fort Hamilton High School
  • Middle School: Ps/Is 104 Fort Hamilton Sch (The)

Lot Info

  • Lot Size Units: Acres
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes

Tax Info

  • Close Date: 2022-12-08
  • Tax Annual Amount: 4540.00
  • Tax Block: 6055
  • Tax Lot: 1014

MLS Schools

  • High School: Fort Hamilton High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Dec 1, 2022
Sold by
Chimento Theresa and Papadopoulos Eugenia
Bought by
Wu Herman
Seller's Agent
William Higgins
Coldwell Banker Reliable R E
Buyer's Agent
Non Member
NonMember
List Price
$649,000
Sold Price
$625,500
Premium/Discount to List
-$23,500
-3.62%
Views
36
Current Estimated Value
$714,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,429
Avg. Annual Appreciation
4.84%
Original Mortgage
$500,399
Outstanding Balance
$485,738
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,191

Purchase Details

Closed on
Sep 10, 1997
Sold by
Tepedino Anthony
Bought by
Papadopoulos Eugenia and Chimento Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wu Herman $625,499 --
Papadopoulos Eugenia $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Herman $500,399
Previous Owner Papadopoulos Eugenia $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $625,500 -3.6% $50 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $649,000 -- $52 / Sq Ft
Source: OneKey® MLS

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 $5,047 $41,555 $1,627 $39,928
2024 $5,047 $41,988 $1,627 $40,361
2023 $4,922 $51,517 $1,627 $49,890
2022 $4,277 $47,494 $1,627 $45,867
2021 $4,244 $42,727 $1,627 $41,100
2020 $3,183 $30,035 $1,627 $28,408
2019 $4,088 $26,114 $1,627 $24,487
2018 $3,819 $20,196 $1,070 $19,126
2017 $3,584 $19,053 $1,089 $17,964
2016 $3,284 $17,976 $975 $17,001
2015 $1,948 $17,452 $974 $16,478
2014 $1,948 $17,452 $836 $16,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3425690

OneKey® MLS

APN: 06055-1014