NOT LISTED FOR SALE

8803 Bay 16th St Unit 2C Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $671,000 - $945,000

2 Beds
1.5 Baths
880 Sq Ft
2008 Built

Last Sold March 29, 2023

Last sale price $630,000 $716 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,354/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Community Storage Space
  • P.S. 163 Bath Beach Rated A

About This Home

As of March 2023

Welcome to the beautiful, very well maintained condo in Bath Beach. Spacious and bright living room leads to an open Living Room with eat-in kitchen with a complete set of stainless steel appliances, marble countertops and elegant cabinets with ample storage. The unit features an advanced Water Filtration System for added health benefit, hardwood floors throughout the unit, equipped washer/dryer, central air, plenty of closet space and includes an extra-large storage room in the basement. The condo comes with a desirable Parking Space and has front and back balconies. Property is conveniently located around the corner from several buses and express buses, “D” train and Belt Pkwy.

Last Agent to Sell the Property

Ronald Chui

Momentum Real Estate LLC Listed on: 01/06/2023

Co-Listed By

Kevin Lam

Momentum Real Estate LLC

Last Buyer's Agent

Ray Wu

Ashford Homes LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,793

Year Built

  • Built in 2008

Parking

  • 1 Parking Space

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 880 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 6434

Community Details

Overview

  • 24 Units
  • Alvic Management Condos
  • Property managed by Alvic Management

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,793

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 117770
  • Co List Office Phone: (718) 382-0001
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cropsey Ave
  • Cross Street Name2: Bath Ave
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: No
  • Maintenance Common Fee: 217.00
  • Negotiate Thru: Broker
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Central Air - Split
  • Fill Sq Ft Total: 880
  • Street Name I D X: Bay 16th
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Entry Floor: 3
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1014

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Sewer, Water, Other

Condo/Co-op/Association

  • Management Company: Alvic Management
  • Manager Phone: 000-000-0000
  • Units In Building: 24

Lot Info

  • Building Project Name: Alvic Management

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 3793.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 29, 2023
Sold by
Wysocka Malgorzata and Wysocki Karol
Bought by
Ostojic Marilin
Seller's Agent
Ronald Chui
Momentum Real Estate LLC
Buyer's Agent
Ray Wu
Ashford Homes LLC
List Price
$638,000
Sold Price
$630,000
Premium/Discount to List
-$8,000
-1.25%
Current Estimated Value
$751,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,111
Avg. Annual Appreciation
7.02%
Original Mortgage
$472,500
Outstanding Balance
$459,677
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,434

Purchase Details

Closed on
Jun 17, 2014
Sold by
Holinka Gisella
Bought by
Wysocka Malgorzata and Wysocki Karol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2008
Sold by
Tnt Contracting Services Inc
Bought by
Holinka Gisella and Marks Monique K
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
Ostojic Marilin $630,000 --
Wysocka Malgorzata $500,000 --
Holinka Gisella $436,095 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostojic Marilin $472,500
Previous Owner Wysocka Malgorzata $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $630,000 -1.3% $716 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $638,000 -- $725 / 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 $5,064 $28,425 $920 $27,505
2024 $5,064 $30,200 $920 $29,280
2023 $4,898 $33,422 $920 $32,502
2022 $3,729 $30,814 $920 $29,894
2021 $2,909 $28,502 $920 $27,582
2020 $1,046 $25,618 $920 $24,698
2019 $1,272 $25,618 $920 $24,698
2018 $479 $20,096 $709 $19,387
2017 $479 $18,967 $723 $18,244
2016 $469 $17,894 $920 $16,974
2015 $321 $18,558 $848 $17,710
2014 $321 $17,508 $920 $16,588
Source: Public Records

Agents Affiliated with this Home

  • Ronald Chui

    Seller's Agent in 2023

    Ronald Chui

    Momentum Real Estate LLC

    (646) 210-2768

    13 in this area

    100 Total Sales

    Ronald Chui
    Section Image
  • Kevin Lam

    Seller Co-Listing Agent in 2023

    Kevin Lam

    Momentum Real Estate LLC

    (347) 605-6073

    17 in this area

    132 Total Sales

    Kevin Lam
    Section Image
  • Ray Wu

    Buyer's Agent in 2023

    Ray Wu

    Ashford Homes LLC

    (347) 335-6333

    4 in this area

    26 Total Sales

    Ray Wu
    Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 470809

Brooklyn Board of REALTORS®

APN: 06434-1014

New York Kings County Brooklyn 11214 Bath Beach

8803 Bay 16th St Unit 2C, Brooklyn, NY

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