NOT LISTED FOR SALE

7016 Colonial Rd Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,083,711 - $1,183,000

3 Beds
2 Baths
1,224 Sq Ft
$930/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $975,000 $797 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,701/month

Highlights

  • Colonial Architecture
  • Deck
  • Fireplace
  • P.S. 102 The Bayview School Rated A
  • Wood Flooring
  • 4-minute walk to Owl's Head Park

About This Home

As of February 2023

This charming single-family home is located in the beautiful neighborhood of Bay Ridge. It is conveniently located close to the R train, ferry, has easy access to the highway and is a short distance to plenty dining and shopping options. The first floor offers an open layout and kitchen with beautiful granite countertops, an island and amazing storage space. The second floor features three bedrooms and a very spacious bathroom. The basement comes with large windows, a front and back entrance, bathroom and laundry room. It would be perfect for additional storage, office space or playroom. The house also features a fenced in front yard providing a great opportunity for some gardening or relaxing. There is also a community drive for your parking convenience.

Last Agent to Sell the Property

Monika Wojtukiewicz

Listed on: 11/18/2022

Last Buyer's Agent

Monika Wojtukiewicz

Listed on: 11/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1925

Lot Details

  • 1,278 Sq Ft Lot
  • Lot Dimensions are 71 x 18
  • Front Yard
  • Property is zoned A5

Parking

  • 1 Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Slate Roof
  • Asphalt Roof

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Block 5882

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,468

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 612
  • Building Length: 34.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 70th Street
  • Cross Street Name2: 71st Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 1 Space
  • Parking Feature Single: Community Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Deck, Dishwasher, Dryer, Fireplace, Laundry Area, Refrigerator, Stove, Washer, Window Treatments
  • Rooms Total Level1: 3
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1224
  • Building Stories: 2
  • Street Name I D X: Colonial
  • Street Number I D X: 7016
  • Building Style: Colonial
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Laminate, Tile
  • Lot Sq Ft: 1278
  • Room Count: 8
  • Total Rooms: 6

Exterior Features

  • Yard: Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 87
  • Roof: Asphalt/Tar, Slate

Utilities

  • Air Conditioning Units: 2
  • Electric: 220 V, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 71
  • Lot Size Width: 18
  • Zoning: A5

Tax Info

  • Flip Tax Amount: 6468.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Feb 15, 2023
Sold by
Ablon David and Ablon Lisa
Bought by
Douloumbakas Doree Joanne and Douloumbakas Vasilios
Seller's Agent
Monika Wojtukiewicz
Buyer's Agent
Monika Wojtukiewicz
RE/MAX Elite
List Price
$899,000
Sold Price
$975,000
Premium/Discount to List
$76,000
8.45%
Current Estimated Value
$1,138,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,428
Avg. Annual Appreciation
4.42%
Original Mortgage
$682,500
Outstanding Balance
$661,842
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$428,763

Purchase Details

Closed on
Apr 21, 2004
Sold by
Ingrid C Melhus
Bought by
David Ablon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,300
Interest Rate
5.39%

Purchase Details

Closed on
May 9, 2000
Sold by
Melhus Margit
Bought by
Melhus Margit and Melhus Glenn
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
Douloumbakas Doree Joanne $975,000 --
Douloumbakas Doree Joanne $975,000 --
David Ablon $496,000 --
David Ablon $496,000 --
Melhus Margit -- Advantage Title
Melhus Margit -- Advantage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douloumbakas Doree Joanne $682,500
Closed Douloumbakas Doree Joanne $682,500
Previous Owner David Ablon $28,300
Previous Owner David Ablon $333,700
Previous Owner Melhus Margit $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $975,000 +8.5% $797 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $899,000 -- $734 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $7,636 $61,320 $10,500 $50,820
2024 $7,636 $60,960 $10,500 $50,460
2023 $7,284 $62,880 $10,500 $52,380
2022 $6,468 $60,060 $10,500 $49,560
2021 $6,826 $62,400 $10,500 $51,900
2020 $3,365 $57,000 $10,500 $46,500
2019 $6,335 $57,000 $10,500 $46,500
2018 $5,795 $29,890 $5,426 $24,464
2017 $5,449 $28,200 $5,358 $22,842
2016 $5,328 $28,200 $6,085 $22,115
2015 $2,989 $27,986 $8,645 $19,341
2014 $2,989 $26,403 $9,574 $16,829
Source: Public Records

Agents Affiliated with this Home

  • Monika Wojtukiewicz

    Seller's Agent in 2023

    Monika Wojtukiewicz

    (480) 462-7961

    3 in this area

    29 Total Sales

    Monika Wojtukiewicz
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 469188

Brooklyn Board of REALTORS®

APN: 05882-0087

New York Kings County Brooklyn 11209 Bay Ridge

7016 Colonial Rd, Brooklyn, NY

This home is located at 7016 Colonial Rd, Brooklyn, NY 11209 since 18 November 2022 and is currently estimated at $1,138,428, approximately $930 per square foot. This property was built in 1925. 7016 Colonial Rd 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.

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.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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