NOT LISTED FOR SALE

Estimated Value: $721,000 - $1,027,000

3 Beds
2 Baths
980 Sq Ft
$336/mo HOA Fee

Last Sold December 08, 2021

Last sale price $750,000 $765 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,184/month

28 Days on Market

Highlights

  • 11,608 Sq Ft lot
  • 5-minute walk to Nostrand Avenue Station
  • Galley Kitchen
  • Pre War Building

About This Home

As of December 2021

TREMENDOUS VALUE AND UPSIDE

Prime Crown Heights - Top floor, 3 bedrooms, 2 full renovated bathrooms-one with a

window. Renovated windowed eat-in kitchen, with stainless steel appliances and

washer/dryer. French glass doors lead to a medium-sized bedroom, exposed brick wall in the dining and living

room. High ceilings, 2 ceiling fans with lighting fixtures, hardwood floors thru-out the apartment. The Primary bedroom can fit a King-sized bed and has an en suite bathroom. The third bedroom has a wall of windows, and can also fit a King-sized bed.

Excellent closet space throughout, superb light in every room.

Property is conveniently located to subway(A, C, and Franklin Ave Shuttle to 2,3,4,5 and Q line), leaving you minutes away from the Barclays Center, Prospect Park, The Brooklyn Museum, and Botanical Gardens.

Last Agent to Sell the Property

Steve Sallion

Sothebys International Realty License #10301208698 Listed on: 09/07/2021

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 1915

Lot Details

  • 0.27

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • 980 Sq Ft Home
  • 4-Story Property
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 32 Units
  • Crown Heights Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,344

Year Built

Built in 1915

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Galley Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 980.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 336.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 11608.0
  • Lot Size Dimensions: 96.0 x 110.0

Building Info

  • New Construction: No
  • Units: 32
  • Total Stories: 4
  • Year Built: 1915

Tax Info

  • Tax Block: 0
  • Tax Annual: 4344.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 8, 2021
Sold by
Zulu Motisola
Bought by
Matthew Sophia
Seller's Agent
Steve Sallion
Sothebys International Realty
List Price
$675,000
Sold Price
$750,000
Premium/Discount to List
$75,000
11.11%
Current Estimated Value
$839,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,390
Avg. Annual Appreciation
2.96%
Original Mortgage
$600,000
Outstanding Balance
$551,843
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,547

Purchase Details

Closed on
Apr 5, 2006
Sold by
Pacific Heights Realty Llc
Bought by
Zulu Motisola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,730
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2000
Sold by
Berkeley Realty Group Inc
Bought by
Ottawa Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1998
Sold by
New York Rehab Corp
Bought by
Pacific Heights Corp
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
Matthew Sophia $750,000 --
Matthew Sophia $750,000 --
Zulu Motisola $309,000 --
Zulu Motisola $309,000 --
Ottawa Development Corp $826,000 --
Ottawa Development Corp $826,000 --
Pacific Heights Corp $31,500 Chicago Title
Pacific Heights Corp $31,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthew Sophia $600,000
Closed Matthew Sophia $600,000
Previous Owner Zulu Motisola $299,730
Previous Owner Ottawa Development Corp $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $750,000 +11.1% $765 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $675,000 -- $689 / 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 $4,717 $37,540 $5,931 $31,609
2024 $4,717 $37,730 $5,931 $31,799
2023 $3,408 $43,398 $5,931 $37,467
2022 $3,257 $39,834 $5,931 $33,903
2021 $3,142 $35,627 $5,931 $29,696
2020 $1,536 $38,081 $5,931 $32,150
2019 $3,054 $36,284 $5,931 $30,353
2018 $4,018 $35,437 $5,931 $29,506
2017 $3,736 $34,838 $5,931 $28,907
2016 $3,444 $32,457 $2,922 $29,535
2015 $2,169 $29,389 $2,921 $26,468
2014 $2,169 $25,854 $2,921 $22,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10807658

Real Estate Board of New York (REBNY)

APN: 01206-1031