NOT LISTED FOR SALE

Estimated Value: $523,000 - $719,000

2 Beds
1 Bath
531 Sq Ft
$425/mo HOA Fee

Last Sold December 03, 2018

Last sale price $549,000 $1,034 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,096/month

134 Days on Market

About This Home

As of December 2018

Brooklyn Charm & Perfection at True Value! Unit 2A is a renovated Two Bedroom (2BR) One Bathroom (1Bath). Every detail has been considered to maximize design and comfort whilst maintaining the unit's thoughtful two bedroom layout. You can't help but feel inspired! The main living entertainment space provides comfortable functionality with an open kitchen, dining and living room areas. The modern kitchen features customized cabinetry and stainless steel appliances. The bathroom is tastefully designed and fitted with sleek and modern finishes. Two generous sized bedrooms round out this picture perfect home. Beautiful hardwood floors throughout, a plethora of windows, abundant closet and storage space. Baseboard heating costs are included in the common charges. All the upgrades, features and layout make this stylish condo a must-see in Crown Heights!

1062 Bergen St is a 16-unit classically converted condominium located on a tree lined street and a quintessential Brooklyn block. Building amenities include a Central Laundry room and Bike storage. Just a few blocks from Prospect Heights and gorgeous Prospect Park, you will be surrounded by the classic serenity of Brownstone Brooklyn and the energy of the culturally diverse communities of both Crown Heights and Prospect Heights with superb dining, craft cocktail joints, home-made marketplaces, and destination hang-outs. Local favorites include Berg'n, Friends & Lovers, Bearded Lady, Ode to Babel, Mayfield, Tom's, Bearded Lady, Little Zelda, Barboncino Pizza, and Cafe Cotton Bean. Transportation: A/C at Nostrand Ave is only 4 blocks away, only 3 blocks to the S at Park Place, and just 6 blocks to the 2/3 & 4/5 at Nostrand Ave, allowing for an easy commute to Manhattan.

Last Agent to Sell the Property

Allison Dubuisson

Douglas Elliman Real Estate License #10301217375 Listed on: 06/04/2018

Douglas Elliman Real Estate

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1900

Lot Details

  • 871

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • 531 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Crownhei Subdivision

Listing and Financial Details

  • Tax Block 1219

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,532

Year Built

Built in 1900

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Cross Street: Nostrand Ave
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CROWNHEI
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 531.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 425.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Year Built: 1900

Tax Info

  • Tax Block: 1219
  • Tax Annual: 2532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Dec 3, 2018
Sold by
Bergen Realty Ny Llc
Bought by
Nguyen Tam Cao and Nguyen Vivian Cao
Seller's Agent
Allison Dubuisson
Douglas Elliman Real Estate
List Price
$535,000
Sold Price
$549,000
Premium/Discount to List
$14,000
2.62%
Current Estimated Value
$618,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,691
Avg. Annual Appreciation
1.79%
Original Mortgage
$269,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2014
Sold by
Jackson James
Bought by
Bergen Realty Ny 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
Nguyen Tam Cao $549,000 --
Nguyen Tam Cao $549,000 --
Bergen Realty Ny Llc $250,000 --
Bergen Realty Ny Llc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Nguyen Tam $256,000
Closed Nguyen Tam Cao $269,000
Previous Owner Bergen Realty Ny Llc $1,700,000
Previous Owner Jackson James $168,000
Previous Owner Jackson James $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $549,000 +2.6% $1,034 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $535,000 -- $1,008 / Sq Ft
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 $3,593 $29,301 $4,128 $25,173
2024 $3,593 $35,392 $4,128 $31,264
2023 $3,297 $32,389 $4,128 $28,261
2022 $3,111 $28,203 $4,128 $24,075
2021 $2,720 $22,170 $4,128 $18,042
2020 $1,451 $25,548 $4,128 $21,420
2019 $2,798 $26,067 $4,128 $21,939
2018 $2,529 $25,143 $4,128 $21,015
2017 $2,238 $23,152 $4,128 $19,024
2016 $2,033 $20,409 $1,761 $18,648
2015 $440 $16,166 $1,761 $14,405
2014 $440 $14,549 $1,760 $12,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10401685

Real Estate Board of New York (REBNY)

APN: 01219-1005