This property
$860,000
$860,000
Similar homes for sale
$749,500
$749,500
Recently sold homes
$798,330
$798,330
8638 Bay Pkwy, Brooklyn NY 11214
2,860 sqft Multi-Family Home|
Sold for $860,000 on Oct 31st, 2008 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Price/sqft | $301 |
| Year built | 1960 |
| ZIP code | 11214 |
| Neighborhood | Bath Beach |
Public Records
| Street # | 8638 |
| Street | Bay Pkwy |
| City | Brooklyn |
| ZIP code | 11214 |
| Year built | 1960 |
| Sqft | 2,860 sqft |
| Lot Size | 0.04 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 10/31/2008 | Sold | $860,000 | Public record |
Street view
Similar homes for sale
Average listing price is $749,500
Recently sold homes
Average sales price is $798,330
| This home | ||
|---|---|---|
| Sales price: | $860,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $749,500 | +15% |
| Avg. sales price: | $798,330 | +8% |
| Avg. price/sqft: | $261 | +15% |
| Compared to Bath Beach | ||
|---|---|---|
| Avg. listing price: | $504,550 | +70% |
| Avg. sales price: | $624,849 | +38% |
| Avg. price/sqft: | $284 | +6% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $860,000 | |
| Compared to Brooklyn | ||
|---|---|---|
| Avg. listing price: | $662,520 | +30% |
| Avg. sales price: | $568,156 | +51% |
| Avg. price/sqft: | $289 | +4% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Ss Mary And Frances Cabrini
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Catholic | 0.25 | ||
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Ps 128 Bensonhurst
New York City Department Of Education |
Public | 0.27 | ||
| i love it it is the best!! | ||||
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Ps 101 The Verrazano
New York City Department Of Education |
Public | 0.28 | ||
| I feel really secure in my children attending this school. The teacher are wonderful, the techniques in which they implement in teaching the children… | ||||
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Ps 200 Benson School
New York City Department Of Education |
Public | 0.37 | ||
| The other parent was not compleatly wrong I have been in the hallways and heard teachers speaking Russian to students in a regular classroom it made my… | ||||
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Yeshiva Ohel Moshe
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Private | 0.42 | ||
| Its not organized, and it doesn't have a good education | ||||
View all schools in:
New York City Department Of Education
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:8638 Bay Pkwy, Brooklyn NY 11214 |
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| Communities near 8638 Bay Pkwy, Brooklyn | ||||||||||||||
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This Multi-Family Home located at 8638 Bay Pkwy, Brooklyn NY, 11214 sold for $860,000 on Oct 31, 2008. 8638 Bay Pkwy is has approximately 2,860 square feet. The property has a lot size of 1,941 square feet and was built in 1960. 8638 Bay Pkwy is in the Bath Beach neighborhood in Brooklyn, NY and in ZIP Code 11214. The most recent sale price of $860,000 is 15% higher than the average list price of $749,500 for similar homes for sale, 70% higher than the average list price of $504,550 for Bath Beach, 88% higher than the average list price of $457,570 for 11214, and 30% higher than the average list price of $662,520 for Brooklyn, NY. The most recent sale is 8% higher than the average sale price of $798,330 for similar homes for sale, 38% higher than the average sale price of $624,849 for Bath Beach sold homes, 28% higher than the average sale price of $670,546 for 11214 sold homes, and 30% higher than the average sale price of $568,156 for Brooklyn sold homes. 8638 Bay Pkwy previously sold for $860,000 on Oct 31, 2008.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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