NOT LISTED FOR SALE

725 Macdonough St Unit 3B Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $633,000 - $682,000

2 Beds
1.5 Baths
-- Sq Ft
$501/mo HOA Fee

Last Sold February 12, 2021

Last sale price $515,000

Est. 27% increase in value since last sale

Current estimated payment $4,116/month

63 Days on Market

Highlights

  • City View
  • 4-minute walk to Halsey Street (J Line)
  • Wood Flooring
  • 0.12 Acre Lot
  • Property is near public transit
  • 3-minute walk to Saratoga Park

About This Home

As of February 2021

Welcome to this Gorgeous, true two-bedroom and 1.5 bath Duplex condo is located on a quiet tree lined street and offers a great layout, updated finishes and a location that offers an easy commute to the city, plenty of amazing restaurants and bars and a great social scene. Enjoy hardwood floors throughout, a large living room and dining room combo, two nice sized bedrooms and plenty of closet space throughout. First floor consist of living room, dining rm, kitchen, half of bath, and 1 bedroom. Second floor has large bedroom and full bath.

Last Agent to Sell the Property

Kwesi Cunningham

Excell Choice Realty Brokerage Phone: 718-705-4646 License #10401263628 Listed on: 10/02/2020

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $313

Year Built

  • Built in 1992

Lot Details

  • 5,227

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Storage
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 1011 / 1498
  • Assessor Parcel Number 01498-1011

Community Details

Overview

  • Duplex

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$313

Year Built

Built in 1992

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Condominium
  • Levels: Two
  • Year Built: 1992
  • New Construction: No
  • Attribution Contact: 718-705-4646
  • Ownership: Condo
  • Subdivision Name: Impact Real Estate Manag
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: None
  • Stories: 4
  • Entry Level: 3
  • Total Bedrooms: 2
  • AtticDescription: None

Exterior Features

  • Construction Materials: Brick
  • View: City
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Condo/Co-op/Association

  • Association Fee: 501
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: Impact Real Estate Manag
  • ManagementPhone: 718-898-0190

Association/Amenities

  • Community Features: Park

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 53.33x100
  • Lot Size Sq Ft: 5333
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01498-1011
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Pets Allowed: Dogs OK, Cats OK

Tax Info

  • Tax Annual Amount: 313
  • Tax Block: 1498
  • Tax Lot: 1011
  • Tax Map Number: 01498-1011

MLS Schools

  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Feb 10, 2021
Sold by
Carvalho Claudia and Martinez Ismael
Bought by
Meyers Heter and Thompson Jihan
Seller's Agent
Kwesi Cunningham
Excell Choice Realty
Buyer's Agent
Non Member
NonMember
List Price
$549,000
Sold Price
$515,000
Premium/Discount to List
-$34,000
-6.19%
Current Estimated Value
$655,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,667
Avg. Annual Appreciation
5.33%
Original Mortgage
$489,250
Outstanding Balance
$437,580
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,087

Purchase Details

Closed on
Dec 28, 1993
Sold by
723 Macdonough Development Corp
Bought by
Martinez Ismael and Carvalho Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Meyers Heter $515,000 --
Meyers Heter $515,000 --
Martinez Ismael -- --
Martinez Ismael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Heter $489,250
Closed Meyers Heter $489,250
Previous Owner Martinez Ismael $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $515,000 0.0% $503 / Sq Ft View Prior Sale
02/12/2021 02/12/21 Sold $515,000 -6.2% --
12/04/2020 12/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $549,000 +21860.0% --
08/22/2020 08/22/20 Pending -- -- --
10/02/2019 10/02/19 For Rent $2,500 -- --
10/02/2019 10/02/19 Rented -- -- --
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 $1,506 $52,770 $2,070 $50,700
2024 $1,506 $48,833 $2,070 $46,763
2023 $351 $46,657 $2,070 $44,587
2022 $350 $46,613 $2,070 $44,543
2021 $275 $41,063 $2,070 $38,993
2020 $75 $47,138 $2,070 $45,068
2019 $313 $46,425 $2,070 $44,355
2018 $316 $46,612 $2,069 $44,543
2017 $316 $42,562 $2,069 $40,493
2016 $320 $42,300 $2,070 $40,230
2015 $165 $41,662 $2,069 $39,593
2014 $165 $29,588 $2,070 $27,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3257867

OneKey® MLS

APN: 01498-1011