NOT LISTED FOR SALE

Estimated Value: $703,000 - $738,000

2 Beds
1.5 Baths
650 Sq Ft
$345/mo HOA Fee

Last Sold August 28, 2023

Last sale price $675,000 $1,038 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,259/month

39 Days on Market

Highlights

  • Balcony
  • 5-minute walk to 25 Street
  • Laundry Facilities
  • Central Air

About This Home

As of August 2023

2-BEDROOM GREENWOOD CONDO, PRIVATE PATIO, RE TAX $4 A MONTH!

This 2-bedroom / 1.5-bathroom condo is a unique offering, with 650 sq. ft. of living space, a private outdoor terrace, and a storage unit in the basement that transfers with the apartment.

A sensible layout, the living room opens onto the private terrace, an ideal spot to enjoy your morning coffee and some fresh air. The kitchen is equipped with stainless steel appliances including a stove, dishwasher, and microwave. There are 1.5 bathrooms and if you like, you can convert the powder room to a laundry room.

Both bedrooms are equal in size, featuring large closets and windows that overlook the terrace. The apartment comes with central air and heat, as well as a smart intercom system. For convenience, there is a laundry room in the building.

With extremely low common charges and taxes, plus a 421-A tax abatement (real estate tax is $4 per month!) in effect through 2030, this apartment is a perfect starter apartment or ideal for the savvy investor. Andpets are welcome!

Located in Greenwood Heights, this charming neighborhood is situated close to Prospect Park, Greenwood Park and Industry City. The condo is conveniently located close to many living conveniences like food shopping, bakeries, cafes, and restaurants, and is only minutes away from the D, N, R, W subway line and Citibike stations.

Photos are virtually staged.

Last Agent to Sell the Property

Carolina Chia

Compass License #10401233612 Listed on: 05/17/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47

Year Built

  • Built in 2004

Lot Details

  • 0.58

HOA Fees

  • $345 Monthly HOA Fees

Interior Spaces

  • 650 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 643

Community Details

Overview

  • South Slope Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$47

Year Built

Built in 2004

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Cross Street: 4th Avenue/5th Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: South Slope
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 650.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 345.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2004

Tax Info

  • Tax Block: 643
  • Tax Lot: 7501
  • Tax Annual: 48.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 28, 2023
Sold by
Lo Wing-Kin
Bought by
Jones Alexandria and Schroeder Stephen
Seller's Agent
Carolina Chia
Compass
List Price
$679,000
Sold Price
$675,000
Premium/Discount to List
-$4,000
-0.59%
Views
86
Current Estimated Value
$717,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,706
Avg. Annual Appreciation
3.11%
Original Mortgage
$573,750
Outstanding Balance
$561,792
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,915

Purchase Details

Listed on
Dec 7, 2017
Closed on
Dec 7, 2017
Sold by
Basuroy Sanjoy and Basuroy Sonia
Bought by
Lo Wing-Kin
Sold Price
$2,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
May 5, 2005
Sold by
204-206 21St Street Llc
Bought by
Basuroy Sanjoy and Basuroy Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Jones Alexandria $675,000 --
Lo Wing-Kin $585,000 --
Basuroy Sanjoy $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Alexandria $573,750
Previous Owner Basuroy Sanjoy $235,100
Previous Owner Basuroy Sanjoy $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $675,000 -0.6% $1,038 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $679,000 0.0% $1,045 / Sq Ft
01/30/2018 01/30/18 Rented -- -- --
12/31/2017 12/31/17 Under Contract -- -- --
12/08/2017 12/08/17 For Rent $2,450 0.0% --
12/07/2017 12/07/17 Sold $585,000 -6.4% $893 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $625,000 0.0% $954 / Sq Ft
08/28/2013 08/28/13 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 $47 $106,766 $4,478 $102,288
2024 $47 $95,672 $4,478 $91,194
2023 $47 $92,364 $4,478 $87,886
2022 $46 $90,787 $4,478 $86,309
2021 $47 $81,983 $4,478 $77,505
2020 $47 $89,616 $4,478 $85,138
2019 $48 $85,596 $4,478 $81,118
2018 $0 $68,906 $3,108 $65,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10887297

Real Estate Board of New York (REBNY)

APN: 00643-1005