NOT LISTED FOR SALE

8502 7th Ave Brooklyn, NY 11228

Bay Ridge Neighborhood

Estimated Value: $1,378,449 - $1,680,000

2 Beds
2 Baths
2,200 Sq Ft
$687/Sq Ft Est. Value

Last Sold March 04, 2014

Last sale price $407,000 $185 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $8,677/month

189 Days on Market

Highlights

  • Chalet
  • Property is near public transit
  • Hot Water Heating System
  • P.S. 127 McKinley Park Rated A
  • Park
  • 4-minute walk to Tom McDonald Triangle

About This Home

As of March 2014

Short sale subject to 3rd party approval.. Mix use property in need of work .. this is drive by only house is occupied

Last Agent to Sell the Property

Yara Annechiarico

At Home With Yara Realty Brokerage Phone: 914-372-1404 License #10311208896 Listed on: 06/13/2013

Last Buyer's Agent

Yara Annechiarico

At Home With Yara Realty Brokerage Phone: 914-372-1404 License #10311208896 Listed on: 06/13/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,504

Year Built

  • Built in 1920

Lot Details

  • 2,570 Sq Ft Lot
  • Zoning described as R4B

Parking

  • On-Street Parking

Home Design

  • Chalet
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,504

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Chalet
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1920
  • Attribution Contact: 914-372-1404
  • Village: Call Listing Agent
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 2200
  • SquareFootage: 2200.00

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0587
  • Lot Size Sq Ft: 2570
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R4B
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5504

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2015
Sold by
8502 7Th Avenue Realty Llc
Bought by
Szacki Margaret V and Szacki Yvonne E
Current Estimated Value
$1,511,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Interest Rate
3.69%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 13, 2013
Closed on
Mar 3, 2014
Sold by
Prezioso Joseph
Bought by
8502 7Th Avenue Realty Llc
Seller's Agent
Yara Annechiarico
At Home With Yara Realty
Buyer's Agent
Yara Annechiarico
At Home With Yara Realty
List Price
$699,000
Sold Price
$407,000
Premium/Discount to List
-$292,000
-41.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Feb 9, 2005
Sold by
Ricciardi Matthew
Bought by
Prezioso Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Ricciardi Linda S and Ricciardi Matthew
Bought by
Ricciardi Mattew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1995
Sold by
Lack Barry
Bought by
Ricciardi Matthew and Ricciardi Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.66%
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
Szacki Margaret V $1,225,000 --
Szacki Margaret V $1,225,000 --
8502 7Th Avenue Realty Llc $407,000 --
8502 7Th Avenue Realty Llc $407,000 --
Prezioso Joseph $850,000 --
Prezioso Joseph $850,000 --
Ricciardi Mattew -- --
Ricciardi Mattew -- --
Ricciardi Matthew $292,000 Commonwealth Land Title Ins
Ricciardi Matthew $292,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szacki Margaret V $918,750
Previous Owner Prezioso Joseph $680,000
Previous Owner Ricciardi Matthew $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2014 03/04/14 Sold $407,000 -41.8% $185 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $699,000 -- $318 / 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 $9,179 $87,660 $14,760 $72,900
2024 $9,179 $78,480 $14,760 $63,720
2023 $8,756 $91,560 $14,760 $76,800
2022 $8,503 $86,820 $14,760 $72,060
2021 $8,964 $91,020 $14,760 $76,260
2020 $4,223 $65,400 $14,760 $50,640
2019 $7,967 $65,400 $14,760 $50,640
2017 $7,236 $35,496 $8,130 $27,366
2016 $7,096 $35,496 $9,811 $25,685
2015 $4,039 $33,640 $12,755 $20,885
2014 $4,039 $31,736 $14,440 $17,296
Source: Public Records

Agents Affiliated with this Home

  • Yara Annechiarico

    Seller's Agent in 2014

    Yara Annechiarico

    At Home With Yara Realty

    (917) 295-5330

    147 Total Sales

    Yara Annechiarico
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Map

Source: OneKey® MLS

MLS Number: KEYH3319150

OneKey® MLS

APN: 06037-0050

New York Kings County Brooklyn 11209 Bay Ridge

8502 7th Ave, Brooklyn, NY

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