NOT LISTED FOR SALE

7037 Ridge Crest Terrace Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,208,000 - $1,356,000

3 Beds
2 Baths
1,938 Sq Ft
$651/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $975,000 $503 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,585/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Private Driveway
  • P.S. 102 The Bayview School Rated A
  • Heating System Uses Steam
  • Back Yard

About This Home

As of March 2020

One family duples corner brick home. Three bedrooms two baths, hardwood floors. Finished basement with private entrance. Two car garage. Nice backyard.

Last Agent to Sell the Property

Margaret Ranieri

Real Broker NY LLC Listed on: 02/04/2019

Last Buyer's Agent

Margaret Ranieri

Real Broker NY LLC Listed on: 02/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,900

Year Built

  • Built in 1925

Lot Details

  • 1,942 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back Yard
  • Property is zoned R3-2

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 1,938 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5885

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,900

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 608
  • Building Length: 32.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 71th Street
  • Cross Street Name2: 72nd Street
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Rooms Total Level1: 4
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1938
  • Building Stories: 2
  • Street Name I D X: Ridgecrest
  • Street Number I D X: 7037
  • Building Style: Duplex
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Lot Sq Ft: 1942
  • Room Count: 9
  • Total Rooms: 6

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 45
  • Roof: Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas, Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 7900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 19, 2020
Sold by
Dynamic Enterprises Realty Llc
Bought by
Maduramente Al Ryan and Maduramente Michele M
Seller's Agent
Margaret Ranieri
Real Broker NY LLC
Buyer's Agent
Margaret Ranieri
Real Broker NY LLC
Sold Price
$975,000
Current Estimated Value
$1,261,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,780
Avg. Annual Appreciation
5.24%
Original Mortgage
$600,000
Outstanding Balance
$533,827
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$751,873

Purchase Details

Closed on
Jun 1, 2009
Sold by
Tsihlas Nicholas
Bought by
Dynamic Enterprises Realty Llc

Purchase Details

Closed on
Apr 23, 2004
Sold by
Nikolaras Maria
Bought by
Tsihlas Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1996
Sold by
Tsevdos Michael S
Bought by
Nikolaras Maria

Purchase Details

Closed on
Feb 22, 1995
Sold by
Tsevdos Michael S
Bought by
Tsevdos Michael S and Nikolaras Maria
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
Maduramente Al Ryan $975,000 --
Maduramente Al Ryan $975,000 --
Dynamic Enterprises Realty Llc -- --
Dynamic Enterprises Realty Llc -- --
Tsihlas Nicholas $450,000 --
Tsihlas Nicholas $450,000 --
Nikolaras Maria $187,500 First American Title Ins Co
Nikolaras Maria -- First American Title Ins Co
Tsevdos Michael S -- First American Title Ins Co
Tsevdos Michael S -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maduramente Al Ryan $600,000
Closed Maduramente Al Ryan $600,000
Previous Owner Dynamic Enterprises Realty Llc $30,000
Previous Owner Tsihlas Nicholas $50,000
Previous Owner Tsihlas Nicholas $535,500
Previous Owner Tsihlas Nicholas $100,000
Previous Owner Tsihlas Nicholas $335,000
Previous Owner Nikolaras Maria $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $975,000 -- $503 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
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 $8,516 $72,540 $13,620 $58,920
2024 $8,516 $85,320 $13,620 $71,700
2023 $8,611 $90,720 $13,620 $77,100
2022 $8,334 $82,140 $13,620 $68,520
2021 $8,289 $84,060 $13,620 $70,440
2020 $3,887 $78,720 $13,620 $65,100
2019 $7,391 $72,420 $13,620 $58,800
2018 $7,202 $35,332 $8,596 $26,736
2017 $7,092 $34,790 $8,814 $25,976
2016 $6,561 $32,821 $8,859 $23,962
2015 $3,958 $30,964 $9,927 $21,037
2014 $3,958 $29,444 $10,769 $18,675
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Margaret Ranieri

    Real Broker NY LLC

    (718) 269-4598

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 426979

Brooklyn Board of REALTORS®

APN: 05885-0045

New York Kings County Brooklyn 11209 Bay Ridge

7037 Ridge Crest Terrace, Brooklyn, NY

This home is located at 7037 Ridge Crest Terrace, Brooklyn, NY 11209 since 04 February 2019 and is currently estimated at $1,261,780, approximately $651 per square foot. This property was built in 1925. 7037 Ridge Crest Terrace 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.

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