NOT LISTED FOR SALE

Estimated Value: $989,000 - $1,145,000

2 Beds
1.5 Baths
1,122 Sq Ft
$547/mo HOA Fee

Last Sold October 07, 2021

Last sale price $987,000 $880 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,946/month

85 Days on Market

Highlights

  • Terrace
  • Cooling Available
  • Patio

About This Home

As of October 2021

Parking! Outdoor Space! Tax abatement! The short version: this property has everything you need!!
The longer version: this bright spacious, 1 bedroom duplex unit with COVERED, deeded parking and a private patio has abundant room to live, work and play! Welcome home to an open plan kitchen with tons of storage and ample counter space, and a living and dining room with floor to 10' ceiling windows, central air and rich hardwood floors. The first level has a large bedroom, walk in closet and a full bathroom with a soaking tub. Step out on to a convenient deck for your morning coffee and continue down to a large patio just waiting to be adorned with planters. Back indoors, a wide staircase takes you down to the second level, also with 10' ceilings, to an enormous multi-purpose space in the English basement, currently set up as a comfortable lounge plus an office, but with the potential for multiple uses. On this level, there's a half bath, ample closets including a massive under-the-stairs storage area and a washer/dryer plus access to the building's lower level and parking space. This pet friendly building has a sparkling clean foyer with a Virtual Doorman, package room, cold storage including a freezer, a playroom and media viewing room (available soon we all hope) as well as a wonderful roof deck with iconic Manhattan views. There's a rare and wonderful tax abatement, so the current taxes are only $22 a month! If you need a swimming pool, it's a block away at the YMCA. The location is super convenient with a well-stocked supermarket on the next block, easy access to the A/C at Nostrand Avenue and the G at Bedford/Nostrand as well as many buses. Get your hand-hewn pottery fix at Art Shack, learn to sew at Soul Collections, get your vinyl records at Mixtape and your sage at the Holistic Home Company. Come and live your best life at 315 Gates! (*Please note, while potentially this can be used as a 2-bedroom, this property's legal description in the offering plan is as a one-bedroom with a lower recreation room)

Last Agent to Sell the Property

Yan Dekhtyar

Corcoran Group License #10401308744 Listed on: 04/27/2021

Corcoran Group

Co-Listed By

Emma James

Corcoran Group License #10401293345

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $264

Year Built

  • Built in 2010

HOA Fees

  • $547 Monthly HOA Fees

Home Design

  • 1,122 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Utilities

  • Cooling Available

Community Details

  • 72 Units
  • Bedford Stuyvesant Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 1974

Property Details

Home Type

Condominium

Est. Annual Taxes

$264

Year Built

Built in 2010

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Cross Street: FRANKLIN AVENUE and BEDFORD AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Entry Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1122.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Patio, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 547.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 72
  • Total Stories: 6
  • Year Built: 2010

Tax Info

  • Tax Block: 1974
  • Tax Annual: 264.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Oct 6, 2021
Sold by
Amy Chiu As Trustee
Bought by
Caldron Tracy A
Seller's Agent
Yan Dekhtyar
Corcoran Group
List Price
$997,500
Sold Price
$987,000
Premium/Discount to List
-$10,500
-1.05%
Current Estimated Value
$1,097,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,008
Avg. Annual Appreciation
2.53%
Original Mortgage
$687,000
Outstanding Balance
$625,119
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$471,889

Purchase Details

Closed on
Nov 16, 2020
Sold by
Chiu Amy
Bought by
Amy Chiu As Trustee and David Shulman, As Trustee

Purchase Details

Listed on
May 26, 2017
Closed on
Jan 25, 2018
Sold by
Mariette Yvonne M
Bought by
Chiu Amy
Seller's Agent
Kim McKeller
Brown Harris Stevens Residential Sales LLC
List Price
$1,129,000
Sold Price
$979,900
Premium/Discount to List
-$149,100
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$682,500
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2011
Sold by
Select Holding Corp
Bought by
Mariette Yvonne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,099
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Caldron Tracy A $987,000 --
Amy Chiu As Trustee -- --
Chiu Amy $975,000 --
Mariette Yvonne M $436,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldron Tracy A $687,000
Previous Owner Chiu Amy $682,500
Previous Owner Mariette Yvonne M $419,099
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2021 10/07/21 Sold $987,000 -1.1% $880 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $997,500 +1.8% $889 / Sq Ft
01/26/2018 01/26/18 Sold $979,900 -13.2% $873 / Sq Ft View Prior Sale
12/27/2017 12/27/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $1,129,000 -- $1,006 / 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 $7,815 $102,017 $8,412 $93,605
2024 $7,815 $111,660 $8,412 $103,248
2023 $5,264 $112,207 $8,412 $103,795
2022 $2,613 $98,188 $8,412 $89,776
2021 $263 $99,562 $8,412 $91,150
2020 $130 $112,092 $8,412 $103,680
2019 $271 $103,753 $8,412 $95,341
2018 $273 $102,625 $8,413 $94,212
2017 $273 $97,187 $8,413 $88,774
2016 $277 $94,860 $8,413 $86,447
2015 $216 $78,195 $8,413 $69,782
2014 $216 $72,896 $8,413 $64,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10714066

Real Estate Board of New York (REBNY)

APN: 01974-1012