NOT LISTED FOR SALE

8875 16th Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $969,000 - $1,076,802

3 Beds
1.5 Baths
1,188 Sq Ft
$867/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $840,000 $707 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,112/month

Highlights

  • 2 Car Detached Garage
  • Porch
  • Garden
  • P.S. 229 Dyker Rated A
  • Ceramic Tile Flooring
  • Hot Water Heating System

About This Home

As of September 2018

SINGLE FAMILY ATTACHED BRICK DUPLEX HOME WITH DETACHED GARAGE IN BENSONHURST. FIRST FLOOR: LIVING ROOM, DINING ROOM, KITCHEN. SECOND FLOOR: MASTER BEDROOM, 2 BEDROOMS, FULL BATH. FULL, FINISHED BASEMENT WITH PARTIAL BATH. CLOSE TO BAY 8 EXIT ON THE BELT PARKWAY AND THE B8, B64 BUSES. ENJOY SHORE PARKWAY PATH, BATH BEACH PARK AS WELL AS DYKER BEACH PARK. LOT: 18x118. BUILDING: 18x33. APPROX. BUILDING SQ FT: 1,188. EST. ANNUAL TAXES: $2,305. EST. ANNUAL INSURANCE: $3,622. EST. ANNUAL WATER/SEWER: $604. EST. ANNUAL FUEL/GAS: $900. ZONING: R4. APPROX. YEAR BUILT: 1940. STORIES: 2.

Last Agent to Sell the Property

Richard Nichilo

Listed on: 05/25/2018

Last Buyer's Agent

Richard Nichilo

Listed on: 05/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1940

Lot Details

  • 2,132 Sq Ft Lot
  • Lot Dimensions are 118 x 18
  • Garden
  • Back Yard
  • Property is zoned R4

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Tax Block 6461

Community Details

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 33.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cropsey Ave
  • Cross Street Name2: Independence Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Other
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Washer, Window Treatments
  • Fill Sq Ft Total: 1188
  • Building Stories: 2
  • Street Name I D X: 16 Ave
  • Building Style: Duplex
  • Withdrawal Type: Temporarily off Market
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpeting, Ceramic, Laminate
  • Lot Sq Ft: 2132

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 191
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 900.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 118
  • Lot Size Width: 18
  • Zoning: R4

Multi Family

  • Insurance Expense: 3622.00

Tax Info

  • Flip Tax Amount: 2305.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Sep 21, 2018
Sold by
Lorito Joseph and Lorito Marianne J
Bought by
Santangelo Pasquale
Seller's Agent
Richard Nichilo
Buyer's Agent
Richard Nichilo
Sold Price
$840,000
Current Estimated Value
$1,039,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,126
Avg. Annual Appreciation
2.81%
Original Mortgage
$560,000
Outstanding Balance
$485,324
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$544,627

Purchase Details

Closed on
Jun 12, 2018
Sold by
Lorito Joseph and Lorito Joy Anne
Bought by
Lorito Joseph and Lorito Marianne J

Purchase Details

Closed on
Oct 25, 1994
Sold by
Lorito Joseph and Lorito Marianne J
Bought by
Lorito Joseph and Lorito Joy Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santangelo Pasquale $840,000 --
Santangelo Pasquale $840,000 --
Santangelo Pasquale $840,000 --
Lorito Joseph -- --
Lorito Joseph -- --
Lorito Joseph -- --
Lorito Joseph -- --
Lorito Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santangelo Pasquale $560,000
Closed Santangelo Pasquale $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $840,000 -- $707 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,596 $52,920 $13,440 $39,480
2024 $8,596 $57,000 $13,440 $43,560
2023 $8,442 $63,840 $13,440 $50,400
2022 $7,828 $57,360 $13,440 $43,920
2021 $7,193 $52,800 $13,440 $39,360
2019 $7,461 $50,880 $13,440 $37,440
2018 $2,382 $34,638 $8,970 $25,668
2017 $2,391 $32,678 $8,992 $23,686
2016 $2,303 $32,180 $9,767 $22,413
2015 $1,252 $31,503 $11,385 $20,118
2014 $1,252 $29,721 $12,014 $17,707
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Richard Nichilo

    (347) 592-5579

    2 in this area

    67 Total Sales

    Richard Nichilo
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 420572

Brooklyn Board of REALTORS®

APN: 06461-0191

New York Kings County Brooklyn 11214 Bath Beach

8875 16th Ave, Brooklyn, NY

Not Listed for Sale

Detached

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