NOT LISTED FOR SALE

Estimated Value: $1,004,479 - $1,434,000

1 Bed
1 Bath
700 Sq Ft
$575/ mo HOA Fee

Last Sold February 28, 2014

Current estimated payment $7,816/month

258 Days on Market

Highlights

  • Rooftop Deck
  • Intercom
  • 3-minute walk to McCarren Park
  • P.S. 34 Oliver H Perry Rated A-
  • Laundry Facilities

About This Home

As of February 2014

Stunning PENTHOUSE with exclusive 800 sqft BRAND NEW ROOF DECK TERRACE with wrap around views of McCarren Park and Manhattan! This one of a kind unit also comes with a PRIVATE STORAGE! The interior of this one bedroom apartment features north and south exposures, red oak hardwood floors throughout, massive floor-to-ceiling windows in the living room with unobstructed city views and a 16-foot wide BALCONY overlooking McCarren Park. The kitchen is finished with black granite countertops, custom glass and solid maple cabinets, high profile GE stainless steel appliances, and a custom mosaic glass tile backsplash. Additional features: vented washer/dryer, central HVAC systems & video intercom. The bathroom features imported Noranda beige tile and a rejuvenating Kohler jet shower system. In place is a 421-a 15 YEAR TAX ABATEMENT and extremely LOW COMMON CHARGES! The Lotus Condominiums are located in the heart of the north side of Williamsburg, on McCarren Park & Pool. McCarren Park features a weekend farmers market, a Dog Run, baseball, softball, soccer and basketball fields and courts, and a bocce ball court. Conveniently located just a few blocks to the L and G trains close to Williamsburgs most dynamic restaurants, nightlife and boutiques. FIRST SHOWING SUNDAY SEPTEMBER 29TH. Apartment Features: North exposure, South exposure, Balcony, Terrace, Full park view, Full skyline view, Light - excellent, Modern kitchen, Storage space, Great closet space, Dishwasher, Security system Building Features: Roof deck

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $240

Year Built

  • Built in 2004

HOA Fees

  • $575 Monthly HOA Fees

Home Design

  • 700 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Block 2721

Community Details

Overview

  • 22 Units
  • Lotus Condominiums
  • Williamsburg Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$240

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$575 per month

Listing Details

  • Cross Street: Union Avenue & Lorimer Street
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 700.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 575.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 100.0 x 50.0

Building Info

  • New Construction: No
  • Building Name: LOTUS CONDOMINIUMS
  • Units: 22
  • Total Stories: 5
  • Year Built: 2004

Tax Info

  • Tax Block: 2721
  • Tax Annual: 240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jan 8, 2014
Sold by
Ardito Sandra
Bought by
Hernandez Oscar
List Price
$975,000
Current Estimated Value
$1,212,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Outstanding Balance
$602,792
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$610,078

Purchase Details

Closed on
Nov 14, 2006
Sold by
2 Bayard Holdings Llc
Bought by
Ardito Sandra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Oscar $999,000 --
Hernandez Oscar $999,000 --
Ardito Sandra $661,862 --
Ardito Sandra $661,862 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Oscar $799,200
Closed Hernandez Oscar $799,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold -- -- --
01/29/2014 01/29/14 Pending -- -- --
05/16/2013 05/16/13 For Sale $975,000 -- $1,393 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $10,335 $112,523 $1,989 $110,534
2024 $10,335 $102,814 $1,989 $100,825
2023 $9,410 $95,325 $1,989 $93,336
2022 $6,397 $89,798 $1,989 $87,809
2021 $5,883 $60,256 $1,989 $58,267
2020 $4,521 $68,929 $1,989 $66,940
2019 $2,782 $68,929 $1,989 $66,940
2018 $1,361 $66,526 $1,989 $64,537
2017 $230 $55,987 $1,989 $53,998
2016 $233 $43,253 $1,989 $41,264
2015 $182 $33,677 $1,989 $31,688
2014 $182 $31,884 $1,989 $29,895
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10083968

Real Estate Board of New York (REBNY)

APN: 02721-1027

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