NOT LISTED FOR SALE

Estimated Value: $586,000 - $1,084,000

3 Beds
1 Bath
662 Sq Ft
$531/mo HOA Fee

Last Sold June 29, 2018

Last sale price $650,000 $982 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,409/month

42 Days on Market

About This Home

As of June 2018

Brooklyn Charm & Perfection at True Value! Unit 4B is a meticulously renovated Three Bedroom (3BR) One Bathroom (1Bath) condo of approx. 662 sq. ft.

Every detail has been considered to maximize design and comfort whilst maintaining the unit's thoughtful 3 bedroom layout. You can't help but feel inspired! The open entertainment space provides comfortable functionality with an open kitchen, dining and living room areas. The modern kitchen features a breakfast island, customized cabinetry, Caesarstone countertops, and stainless steel appliances.

Lined with three large bay windows, the spacious, light-filled master bedroom easily accommodates a queen sized bed and features a generous closet. The bathroom is tastefully designed and fitted with sleek and modern finishes. Two additional bedrooms round out this picture perfect home. Beautiful hardwood floors throughout, exposed brick, 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: 04/16/2018

Douglas Elliman Real Estate

Co-Listed By

Jessica Peters

Douglas Elliman Real Estate License #10301209015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1900

Lot Details

  • 871

HOA Fees

  • $531 Monthly HOA Fees

Home Design

  • 662 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • No Cooling

Community Details

  • Crownhei Subdivision

Listing and Financial Details

  • Tax Block 1219

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,796

Year Built

Built in 1900

Lot Details

0

HOA Fees

$531 per month

Listing Details

  • Cross Street: Nostrand Ave
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CROWNHEI
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 662.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 531.0
  • 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: 2796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 28, 2018
Sold by
Bergen Realty Ny Llc
Bought by
Hemati Nickon
Seller's Agent
Allison Dubuisson
Douglas Elliman Real Estate
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$826,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,936
Avg. Annual Appreciation
3.42%
Original Mortgage
$520,000
Outstanding Balance
$451,599
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$375,337

Purchase Details

Closed on
Apr 15, 2015
Sold by
Frederick Mayleen
Bought by
Bergen Realty Ny Llc

Purchase Details

Closed on
Jan 11, 2002
Sold by
Ctc Group Inc
Bought by
Frederick Mayleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,005
Interest Rate
7.15%
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
Hemati Nickon $650,000 --
Hemati Nickon $650,000 --
Bergen Realty Ny Llc $290,000 --
Bergen Realty Ny Llc $290,000 --
Frederick Mayleen -- --
Frederick Mayleen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemati Nickon $18,840
Open Hemati Nickon $520,000
Closed Hemati Nickon $520,000
Previous Owner Frederick Mayleen $132,005
Previous Owner Frederick Mayleen $132,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $650,000 0.0% $982 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $650,000 0.0% $982 / Sq Ft
05/29/2017 05/29/17 For Rent $2,800 -- --
05/29/2017 05/29/17 Rented -- -- --
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 $4,479 $36,525 $5,146 $31,379
2024 $4,479 $44,117 $5,146 $38,971
2023 $4,109 $40,375 $5,146 $35,229
2022 $3,878 $35,157 $5,146 $30,011
2021 $3,390 $27,636 $5,146 $22,490
2020 $2,543 $31,846 $5,146 $26,700
2019 $3,488 $32,494 $5,146 $27,348
2018 $3,152 $31,343 $5,146 $26,197
2017 $2,231 $28,859 $5,145 $23,714
2016 $2,231 $25,441 $2,195 $23,246
2015 $331 $20,151 $2,195 $17,956
2014 $331 $18,136 $2,195 $15,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10095805

Real Estate Board of New York (REBNY)

APN: 01219-1014