NOT LISTED FOR SALE

Estimated Value: $1,019,000 - $1,368,000

2 Beds
1 Bath
800 Sq Ft
$354/mo HOA Fee

Last Sold October 21, 2020

Last sale price $1,300,000 $1,625 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,916/month

46 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • Intercom
  • P.S. 124 Silas B Dutcher Rated A-
  • Balcony
  • 4-minute walk to Washington Park Dog Run

About This Home

As of October 2020

Virtual Tour Available! Click link above, or go to www.tinyurl.com/232-7thSt2R.

Watch the seasons change from this light-filled two-bedroom split layout condo (one bedroom on either side of the apartment for greater privacy) with extra wide, open, airy living room with high ceilings and full-width floor-to-ceiling south-facing windows overlooking your own large balcony and private landscaped/decked, park-like large backyard.

This home is located in a low-density 6-unit ( 2 per floor) boutique condo built in 2010 with remarkably low monthly common charges and a 421A real estate tax abatement expiring 7/25 that makes ownership at close to the cost of renting feasible and investment attractive. It offers central A/C, beautiful hardwood floors, a full-size washer/dryer, custom-fit solar shades throughout - blackout in the bedrooms and solar in the living room - Carrara Marble waterfall design seated kitchen island, stainless steel kitchen appliances including Bosch dishwasher, Jenn-air stove and double-wide refrigerator, and Sharp microwave, with Executive Kitchen custom cabinetry. The subway tile bathroom features a deep soaking tub, American Standard fixtures and a Toto dual-flush commode. Elfa closet storage systems throughout the apartment's ample closets. Additional private storage in building. Climate control is via Nest thermostat. In addition to your own backyard, the building offers a common roofdeck with sweeping views of the City, private storage, with bike storage available.

This location in Gowanus, near 4th Avenue and 9th Street, one of Brooklyn's most intriguing, deslrable and appreciating downtown relatively low density neighborhoods, is less than a half block from Park Slope and 5 blocks from Prospect Park. Whole Foods, The Old Stone House, Byrne Playground. Fifth Avenue and Third Avenue shops and dining are all nearby, and all that Downtown has to offer (BAM Cultural District, Barclays Center, Atlantic Terminal, Atlantic Avenue shopping, Fulton Mall, Junior's Restaurant, DeKalb Market, Alamo Drafthouse, BoCoCa, Brooklyn Heights, Ft. Greene/Clinton Hill and Prospect Heights) are within reach. The F, G and R trains are within blocks with easy transfers to the express Q, N, B, and D trains at Atlantic Terminal.

Last Agent to Sell the Property

Jay Molishever

Corcoran Group License #10301200129 Listed on: 06/19/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $884

Year Built

  • Built in 2010

Lot Details

  • South Facing Home
  • Garden

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • 800 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 997

Community Details

Overview

  • 6 Units
  • Sevenonseven Condos
  • Gowanus Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$884

Year Built

Built in 2010

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Cross Street: 3rd Avenue & 4th Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gowanus
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 353.67
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 100.0 x 40.0

Building Info

  • New Construction: No
  • Building Name: SevenOnSeven
  • Units: 6
  • Total Stories: 5
  • Year Built: 2010

Tax Info

  • Tax Block: 997
  • Tax Annual: 884.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Oct 21, 2020
Sold by
Jensen Mason and Thatcher Kate
Bought by
Livingston Sara Rachel
Seller's Agent
Jay Molishever
Corcoran Group
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,196,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,395
Avg. Annual Appreciation
-1.64%
Original Mortgage
$69,141
Outstanding Balance
$61,497
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,135,108

Purchase Details

Listed on
Oct 2, 2015
Closed on
Dec 14, 2015
Sold by
Flynn Kristie and Flynn Ryan
Bought by
Jensen Mason and Thatcher Kate
Seller's Agent
John Lee
Compass
List Price
$920,000
Sold Price
$999,000
Premium/Discount to List
$79,000
8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$749,250
Interest Rate
3.99%

Purchase Details

Closed on
Jul 8, 2013
Sold by
Rhee Daniel
Bought by
Flynn Kristie and Flynn Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2010
Sold by
232 7Th Street Llc
Bought by
Rhee Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.55%
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
Livingston Sara Rachel $1,165,000 --
Jensen Mason $999,000 --
Flynn Kristie $625,000 --
Rhee Daniel $610,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livingston Sara Rachel $69,141
Previous Owner Jensen Mason $749,250
Previous Owner Flynn Kristie $500,000
Previous Owner Rhee Daniel $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $1,300,000 0.0% $1,625 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $1,300,000 +30.1% $1,625 / Sq Ft
12/18/2015 12/18/15 Sold $999,000 +8.6% $1,249 / Sq Ft View Prior Sale
11/18/2015 11/18/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $920,000 -- $1,150 / 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 $2,828 $195,858 $21,060 $174,798
2024 $2,828 $163,215 $21,060 $142,155
2023 $2,017 $136,013 $21,060 $114,953
2022 $1,379 $133,673 $21,060 $112,613
2021 $860 $157,248 $21,060 $136,188
2020 $423 $172,517 $21,060 $151,457
2019 $884 $163,917 $21,060 $142,857
2016 $904 $21,781 $3,500 $18,281
2015 $706 $20,168 $3,889 $16,279
2014 $706 $19,542 $4,038 $15,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10639925

Real Estate Board of New York (REBNY)

APN: 00997-1304