NOT LISTED FOR SALE

Estimated Value: $945,000 - $1,092,000

1 Bed
1.5 Baths
925 Sq Ft
$314/mo HOA Fee

Last Sold January 17, 2018

Last sale price $725,000 $784 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,778/month

59 Days on Market

Highlights

  • Newly Remodeled
  • 5-minute walk to Grand Street (L Line)
  • 5-minute walk to Cooper Park
  • P.S. 132 The Conselyea School Rated A-

About This Home

As of January 2018

Bright, loft-like duplex in the sweetest part of Williamsburg. The first level features a wall of windows, open kitchen, dedicated dining area and living room with cherry wood floors. Downstairs you'll find the king-size sleeping area with a massive walk-in closet and convenient half bath. Technically a studio, apartment 1A offers high ceilings and airy living space. Immaculately cared for, this turn-key condo has low common charges and abated taxes (17 years remaining). A charming eight-unit boutique condo, 291 Devoe is conveniently located near transportation and the countless restaurants, bars and shops along Graham and Grand Avenues. Indeed, a rare and special find in a darling area of Williamsburg.

Last Agent to Sell the Property

Vanessa Villanova

Corcoran Group License #10301211344 Listed on: 10/19/2017

Corcoran Group

Co-Listed By

Jeb Hart Licensed as Henry Hart

Corcoran Group License #10401232767

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $132

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • 2,483

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • 925 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom

Community Details

  • 8 Units
  • 291 Devoe Condos
  • Williamsburg Subdivision

Listing and Financial Details

  • Tax Block 2917

Property Details

Home Type

Condominium

Est. Annual Taxes

$132

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Cross Street: Catherine St/Olive St
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Living Area: 925.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 314.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 291 Devoe
  • Units: 8
  • Year Built: 2006

Tax Info

  • Tax Block: 2917
  • Tax Annual: 132.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 17, 2018
Sold by
Karimi Shahla and Macgougan Timothy
Bought by
Lee Alan K
Seller's Agent
Vanessa Villanova
Corcoran Group
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,032,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,767
Avg. Annual Appreciation
4.92%
Original Mortgage
$325,000
Outstanding Balance
$275,535
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$773,154

Purchase Details

Closed on
Jul 23, 2015
Sold by
Karimi Shahla
Bought by
Karimi Shahla and Macgougan Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,470
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Builders New York Holdings V Llc
Bought by
Karimi Shahla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,479
Interest Rate
4.38%
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
Lee Alan K $725,000 --
Karimi Shahla -- --
Karimi Shahla $420,810 --
Karimi Shahla $420,810 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Alan K $325,000
Previous Owner Karimi Shahla $34,470
Previous Owner Karimi Shahla $1,765
Previous Owner Karimi Shahla $404,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $725,000 0.0% $784 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $725,000 -- $784 / 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 $119 $153,900 $6,480 $147,420
2024 $119 $128,239 $6,480 $121,759
2023 $116 $106,866 $6,480 $100,386
2022 $116 $105,030 $6,480 $98,550
2021 $116 $123,552 $6,480 $117,072
2020 $57 $126,101 $6,480 $119,621
2019 $120 $126,101 $6,480 $119,621
2018 $121 $35,141 $2,167 $32,974
2017 $121 $34,144 $2,447 $31,697
2016 $122 $31,615 $2,833 $28,782
2015 $95 $29,274 $3,148 $26,126
2014 $95 $28,102 $3,626 $24,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10049327

Real Estate Board of New York (REBNY)

APN: 02917-1101