NOT LISTED FOR SALE

326 Melrose St Unit 1A Busk, NY 11237

Bushwick Neighborhood

Estimated Value: $641,000 - $710,000

-- Bed
1.5 Baths
804 Sq Ft
$288/mo HOA Fee

Last Sold July 22, 2014

Last sale price $595,000 $740 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,002/month

20 Days on Market

About This Home

As of July 2014

First resale in the best condo building in Bushwick! Don't miss your chance to buy in an exceptionally well-run and maintained 8 unit building with approximately 20 years remaining on a 421-A tax abatement. Ultra low common charges and taxes make this a perfect unit for the investor or first time condo buyer. Straddling the hottest parts of East Williamsburg and Bushwick, and an easy walk from the Morgan L train stop, you enter this duplex apartment to 9.5-foot high ceilings, wide plank hardwood floors, and a huge expanse of windows. On the main floor you'll find an open floorplan. Your kitchen is designed with Quartz countertops, Bosch cooktop, oven and microwave. Dishwasher? Check.In the main bathroom you'll find a Kohler deep soaking tub, Vitra sink, Hansgrohe fixtures, and tasteful designer tile. Follow the stairs to the sleeping area (technically the city calls this a studio) and you will find a large, inviting room with high ceilings, large windows and a small outdoor retreat perfect for a little morning coffee. Your half bath on this level is an added level of convenience. Doing laundry in your in-unit washer/dryer is easy, and a walk in closet is a wonderful bonus. There's central heat and AC with a Nest Thermostat to keep you comfortable and an individual unit hot water heater so you never have to worry about a cold shower. The neighborhood is jam packed with exciting restaurants, bars and galleries. Maria Hernandez park is a short walk, with a great running path and dog park. The L train will get you to Union Square in 11 minutes and Bedford Avenue is even closer.Exclusive Listing provided by Douglas Elliman. Jordan Pryce Levitt Exclusive Broker/Owner jordan.levitt@elliman.com

Last Agent to Sell the Property

Jordan Levitt

Douglas Elliman Real Estate License #10301208943 Listed on: 03/31/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $52

Year Built

  • Built in 2007

HOA Fees

  • $288 Monthly HOA Fees

Interior Spaces

  • 804 Sq Ft Home
  • 4-Story Property

Utilities

  • No Cooling

Community Details

  • Lumbini Garden Condos
  • Busk Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$52

Year Built

Built in 2007

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Cross Street: ffWilson/Knickerbocker Aves
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: BUSK
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 804.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 288.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: LUMBINI GARDEN
  • Total Stories: 4
  • Year Built: 2007

Tax Info

  • Tax Block: 0
  • Tax Annual: 48.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Lichtman Lauren and Lichtman Rubin
Bought by
Mattera Rebecca
Current Estimated Value
$680,985

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jun 13, 2014
Sold by
Levitt Jordan
Bought by
Lichtman Lauren and Rubin Bret
Seller's Agent
Jordan Levitt
Douglas Elliman Real Estate
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$390,000
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Mattera Rebecca $614,500 --
Mattera Rebecca $614,500 --
Lichtman Lauren $565,000 --
Lichtman Lauren $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lichtman Lauren $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $595,000 0.0% $740 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $595,000 -- $740 / 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 $52 $121,737 $5,337 $116,400
2024 $52 $109,035 $5,337 $103,698
2023 $51 $105,246 $5,337 $99,909
2022 $51 $103,431 $5,337 $98,094
2021 $50 $92,543 $5,337 $87,206
2020 $51 $97,507 $5,337 $92,170
2019 $52 $81,272 $5,337 $75,935
2014 $42 $35,491 $5,337 $30,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10079292

Real Estate Board of New York (REBNY)

APN: 03165-1001