$885,000
SOLD SEP 19, 2024
3 Beds
2 Baths
1,202 Sq Ft
$994/mo HOA Fee

Recently Sold

$736 Per Sq Ft

2% Below List Price

33 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • 1-Story Property
  • Garage
  • Ditmas Junior High school Rated A-

About This Home

As of September 2024

Welcome to Ditmas Park! Here's a great opportunity to own a condo in one of Brooklyn's most sought-after luxury buildings, the Waterfalls Condominiums. This 3-bedroom, 2-bathroom apartment offers over 1200 sq ft of living space is on the 6th floor of this luxury well known building and has western exposure and views of the city and Verrazano Bridge. The residence features include: Open concept kitchen with cherry wood cabinets and granite countertops., Dining area and large living room leading to a private balcony., Huge main bedroom with space for a king-size bed, large walk-in closet, and en suite bathroom., Two equally sized bedrooms that can fit queen-size beds., Hardwood floors throughout., In-unit washer and dryer., Recessed lighting., Ample closet space, and plenty of natural light. This unit also comes with a deeded parking spot. Enjoy luxury living with building amenities such as: Doorman/concierge service., Fully equipped fitness room., Spacious lounge for parties or meetings., Large outdoor common space with a playground Tax abatement is in place until 2036 (12 more years). The building's prime location is close to some of Brooklyn's best dining and shopping options, plus everything Ditmas Park has to offer!

Last Agent to Sell the Property

Faig Mikayilov

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10301220271 Listed on: 06/13/2024

RE/MAX Edge

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $200

Year Built

  • Built in 2010

HOA Fees

  • $994 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 6th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ps 315 Elementary School
  • Ps 109 Middle School
  • Midwood High School

Additional Features

  • No Common Walls
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 05240-1094
  • Tax Block 5240

Community Details

Overview

  • Association fees include water
  • The Watterfalls

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$200

Year Built

Built in 2010

Lot Details

0

HOA Fees

$994 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 2010
  • New Construction: No
  • Attribution Contact: 718-288-3835
  • Ownership: Condo
  • Subdivision Name: The Watterfalls
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: See Remarks
  • Inclusions: A/C Units,Dishwasher,Garage Door Opener,Microwave,Refrigerator,Washer
  • Entry Level: 6
  • Total Bedrooms: 3
  • Living Area: 1202
  • AtticDescription: See Remarks
  • SquareFootage: 1202.00
  • SquareFootageSource: Floor Plan

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Other, See Remarks
  • Sewer: Other
  • Water Source: See Remarks
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee: 994
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: The Watterfalls
  • ManagementPhone: 718-943-9268

Schools

  • Middle School: Ps 109

Lot Info

  • Parcel Number: 05240-1094
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Call

Tax Info

  • Tax Annual Amount: 200
  • Tax Block: 5240
  • Tax Map Number: 05240-1094

MLS Schools

  • Elementary School: Ps 315
  • High School: Midwood High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 18, 2024
Sold by
Dornhoefer George
Bought by
Field Alyssa Faye and Field Shaun A
Seller's Agent
Faig Mikayilov
RE/MAX Edge
Buyer's Agent
Non Member
NonMember
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Views
26
Current Estimated Value
$916,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,687
Avg. Annual Appreciation
3.71%
Original Mortgage
$708,000
Outstanding Balance
$701,429
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,037
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $885,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $708,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $885,000 -1.6% $736 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $899,000 -- $748 / Sq Ft
08/22/2018 08/22/18 Sold -- -- --
07/20/2018 07/20/18 Pending -- -- --
04/06/2018 04/06/18 For Sale -- -- --
Source: OneKey® MLS

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 $192 $101,515 $6,985 $94,530
2024 $192 $96,640 $6,985 $89,655
2023 $192 $88,146 $6,985 $81,161
2022 $189 $88,821 $6,985 $81,836
2021 $186 $79,671 $6,985 $72,686
2020 $186 $90,269 $6,985 $83,284
2019 $194 $84,854 $6,985 $77,869
2018 $196 $85,742 $6,985 $78,757
2017 $196 $80,027 $6,985 $73,042
2016 $198 $85,851 $6,985 $78,866
2015 $155 $71,943 $6,985 $64,958
2014 $155 $68,127 $6,985 $61,142
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3558947

OneKey® MLS

APN: 05240-1094