NOT LISTED FOR SALE

Estimated Value: $277,000 - $358,000

1 Bed
1 Bath
495 Sq Ft
72,222 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $258,000 $521 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,764/month

Highlights

  • Intercom to Front Desk
  • Resident Manager or Management On Site
  • Ceramic Tile Flooring
  • P.S. 312 Bergen Beach Rated A
  • Handicap Accessible
  • 4-minute walk to Jacob Joffe Park

About This Home

As of May 2021

Unit #9 aka 1A is a move in ready 1 bed/1bath garden level condominium in prime Georgetown. This unit is completely renovated. Ceramic tile flooring throughout, new kitchen with added quartz countertop breakfast bar, new ceramic tile full bathroom, double closet master bedroom, in unit washer/dryer hookup, sun filled living room with skylights, private patio looking onto courtyard. This condominium complex is centrally located steps away from the Ralph avenue commercial corridor. Neighborhood amenities include the B47 bus line, medical centers, banks, restaurants, shopping centers, supermarkets, urgent care, Starbucks, pharmacies, and many more. Building amenities include 2 tennis courts, clubhouse and courtyard. Common charges: $208.94/mo. Common charges includes building master insurance, water/sewer, snow/garbage removal, landscaping, and common area maintenance. No on-site parking available with this unit. Total units in Scott Village complex: 248. Total units in building: 4. Unit: 495 sq ft. This condo is great for a first time homebuyer or first time investor. Gross rental income: $18,000/yr. Net Operating Income is $13,117.96/yr. Cap Rate: 4.9%. Taxes: $2374.76/yr. Heat/hot water/cooking: gas. Pet policy: maximum of (2) dogs, cats, or any household pets are allowed. Please refer to house rules for more info.

Last Agent to Sell the Property

Lawrence Wong

Listed on: 02/15/2021

Last Buyer's Agent

Noa Kialli

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1989

Lot Details

  • Sprinkler System
  • Garden

Parking

  • On-Street Parking

Home Design

  • Garden Apartment

Interior Spaces

  • 495 Sq Ft Home
  • Ceramic Tile Flooring
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Handicap Accessible

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 8342

Community Details

Overview

  • 248 Units
  • Association Phone (212) 674-6123
  • Scott Village At Georgetown Condominium Condos
  • Property managed by NEW BEDFORD MANAGEMENT CORP

Amenities

  • Laundry Facilities
  • Intercom to Front Desk

Pet Policy

  • Pets Allowed

Additional Features

  • Insurance Expense $285
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,375

Year Built

Built in 1989

Lot Details

1.66 Acres

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ralph Avnue
  • Cross Street Name2: Avenue K
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Heat Delivery: Baseboard, Hot Water
  • Maintenance Common Fee: 208.94
  • Management Email: BRENDA@NBMGMT.COM
  • Negotiate Thru: Broker
  • Parking Attributes: Street
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Patio Garden, Refrigerator, Stove
  • Fill Sq Ft Total: 495
  • Street Name I D X: 72nd
  • Waterfront Present: No
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic, Tile
  • Pets Allowed: Yes
  • Basement Type: Garden Apartment

Exterior Features

  • Exterior Building Type: Attached
  • Lot Number: 1061

Utilities

  • Air Conditioning Units: 0
  • Heating Fuel: Gas
  • Utilities: Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: NEW BEDFORD MANAGEMENT CORP
  • Manager Phone: (212) 674-6123
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 248

Lot Info

  • Building Project Name: Scott Village at Georgetown Condominium

Multi Family

  • Insurance Expense: 284.98

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 2374.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
May 14, 2021
Sold by
1095 East 72Nd Street #9 Llc
Bought by
Lynn Patricia A
Seller's Agent
Lawrence Wong
Buyer's Agent
Noa Kialli
Sold Price
$258,000
Current Estimated Value
$298,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,187
Avg. Annual Appreciation
3.04%
Original Mortgage
$245,100
Outstanding Balance
$221,424
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$76,763

Purchase Details

Closed on
Jan 31, 2019
Sold by
Estate Of Helen Silk and Karonlina Juzwa Executor
Bought by
1095 East 72Nd Street #9 Llc
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
Lynn Patricia A $258,000 --
1095 East 72Nd Street #9 Llc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Patricia A $245,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $258,000 -- $521 / Sq Ft
02/15/2021 02/15/21 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 $2,551 $19,426 $641 $18,785
2024 $2,551 $15,345 $641 $14,704
2023 $2,433 $13,561 $641 $12,920
2022 $2,257 $12,503 $641 $11,862
2021 $2,365 $11,558 $641 $10,917
2019 $2,214 $11,276 $641 $10,635
2018 $1,738 $9,985 $630 $9,355
2017 $1,621 $9,420 $642 $8,778
2016 $1,773 $10,418 $617 $9,801
2015 $1,037 $9,829 $495 $9,334
2014 $1,037 $9,829 $525 $9,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 448173

Brooklyn Board of REALTORS®

APN: 08342-1061

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