NOT LISTED FOR SALE

Estimated Value: $717,000 - $816,000

1 Bed
1 Bath
-- Sq Ft
$645/mo HOA Fee

Last Sold November 25, 2022

Last sale price $615,000

Est. 25% increase in value since last sale

Current estimated payment $4,712/month

58 Days on Market

Highlights

  • City View
  • Pre War Building
  • Courtyard
  • P.S. 132 The Conselyea School Rated A-
  • Balcony
  • 2-minute walk to Cooper Park

About This Home

As of November 2022

Please note: All viewings are by appointment only. Kindly, call, text or email me directly to schedule a date & time. Listing agent owns and lives in this building so very flexible on private viewings!

Brand New to the Market! Looking for more outdoor space? Then residing at the Olive Park luxury condo building is for you! This building offers a huge backyard/mediation garden with bbq, common area rooftop with panoramic NYC skyline views & it's located right across the street from beautiful Cooper Park!!

This VERY Sunny Southern facing true 1 bedroom unit is located on the 4th floor and comes with it's own private balcony which overlooks the very quiet and serene mediation garden!

Add on feature: Current owner installed in unit washer/dryer as well!!

Olive Park's luxury 5 star resort amenities also includes an indoor all natural salt water swimming pool, spa, Jacuzzi, sauna, state of the line gym and much more!

Current monthly fees charged are so low! Maintenance is $645 which includes a private storage unit, all amenities (except parking & bike storage), heat, gas & hot water!

RE taxes are only $17 a month (around 12 years left on tax abatement).

Interior features: 5 California windows, hardwood floors, marble bathroom & kitchen, rainforest shower & huge soak in tub, dishwasher, microwave, intercom with a video view that includes a security alarm.

Exterior features: 24 hour doorman security & concierge, indoor heated swimming pool, spa, Jacuzzi, sauna, state of the line gym, welcoming guest reception area that includes comfy couches & fireplace, private storage unit, recreational room that you can privately reserve to host gatherings in, common roof top cabana with Manhattan Skyline views and a relaxing mediation garden with reflecting pool & bbq. To top it off this building has a pet spa so dogs and cats are welcome!

Neighborhood features: The L train is a quick 3 block walk to Graham Ave station or take the G train from the Lorimer Street station, short 10 minute bus ride to the J, M & Z trains and close to award winning restaurants, breweries, coffee/bakery shops and grocery stores. For you music lovers Brooklyn Steel is only a few blocks away.

Last Agent to Sell the Property

Sandy Abbas

Serhant License #10401281598 Listed on: 07/26/2022

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $204

Year Built

  • Built in 2007

Lot Details

  • 0.46

HOA Fees

  • $645 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Courtyard

Additional Features

  • City Views
  • South Facing Home
  • Central Air

Community Details

Overview

  • 87 Units
  • East Williamsburg Subdivision
  • 7-Story Property

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$204

Year Built

Built in 2007

Lot Details

0

HOA Fees

$645 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Williamsburg
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes
  • Exterior Features: Building Courtyard, Balcony, Courtyard
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 645.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 20022.0
  • Lot Size Dimensions: 200.0 x 100.11

Building Info

  • New Construction: No
  • Units: 87
  • Total Stories: 7
  • Year Built: 2007

Tax Info

  • Tax Block: 0
  • Tax Annual: 204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Nov 21, 2022
Sold by
Welch Melinda
Bought by
Lala Arjun Anil
Seller's Agent
Sandy Abbas
Serhant
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
11
Current Estimated Value
$767,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,033
Avg. Annual Appreciation
7.00%
Original Mortgage
$440,000
Outstanding Balance
$427,537
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,768

Purchase Details

Closed on
Jun 13, 2012
Sold by
Minges Clarendon
Bought by
Welch Melinda

Purchase Details

Closed on
Aug 29, 2008
Sold by
Maspeth Properties Llc
Bought by
Minges Clarendon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,750
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2003
Sold by
Primer Construction Corp
Bought by
Maspeth Realty Llc
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
Lala Arjun Anil $615,000 --
Welch Melinda $401,000 --
Welch Melinda $401,000 --
Minges Clarendon $355,000 --
Minges Clarendon $355,000 --
Maspeth Realty Llc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lala Arjun Anil $440,000
Previous Owner Minges Clarendon $230,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2022 11/25/22 Sold $615,000 -1.6% --
09/24/2022 09/24/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $625,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $204 $75,905 $567 $75,338
2024 $204 $68,293 $567 $67,726
2023 $204 $64,396 $567 $63,829
2022 $199 $61,317 $567 $60,750
2021 $200 $55,458 $567 $54,891
2020 $201 $52,940 $567 $52,373
2019 $204 $52,940 $567 $52,373
2018 $207 $51,091 $567 $50,524
2017 $207 $52,128 $567 $51,561
2016 $210 $43,701 $567 $43,134
2015 $164 $41,728 $567 $41,161
2014 $164 $36,004 $567 $35,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10810263

Real Estate Board of New York (REBNY)

APN: 02907-1141