NOT LISTED FOR SALE

326 Melrose St Unit 1B Busk, NY 11237

Bushwick Neighborhood

Estimated Value: $906,000 - $1,492,000

1 Bed
2 Baths
1,132 Sq Ft
$576/mo HOA Fee

Last Sold August 11, 2014

Last sale price $850,000 $751 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,249/month

50 Days on Market

About This Home

As of August 2014

This stunning duplex apartment spans 1130SF on two floors and features a wonderful mature garden oasis. 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.

On the first level you will find wide plank oak hardwood floors, 9'6" oversized ceilings, A kitchen with custom cabinets, quartz countertops and a large peninsula. The chef in you will appreciate the Bosch cooktop, oven and microwave while Fisher & Paykel refrigerator guarantees your beer stays cold. No other development in Bushwick features appliances of this quality.

The open floorplan continues with the living room, where a wall of glass serves to frame the incredible outdoor space, but let's come back to that...

We continue the tour with your main bathroom, cloaked in designer tile and Kohler and Hansgrohe fixtures and porcelain, including a deep soaking tub. A fully vented, gas washer and dryer are enclosed in a closet, no airing of dirty laundry here.

The upstairs bedroom can serve perfectly for guests, children or an office, but you'll want to claim the lower level for your main sleeping space.

Heading downstairs, you'll find a massive master suite. Now according to NYS rules, we can't call the lower level a bedroom, but you'll find the expansive windows and private outdoor space help to create a warm and sunny "sleeping suite" . There is also a half bath for your convenience.

And finally....The garden. Architecturally designed, and perfectly implemented, the rear garden features a combination of pavers and Trex wood decking, with varying levels, a pergola for shade and a dedicated area for use as an outdoor kitchen.

Last Agent to Sell the Property

Jordan Levitt

Douglas Elliman Real Estate License #10301208943 Listed on: 05/20/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $108

Year Built

  • Built in 2007

HOA Fees

  • $576 Monthly HOA Fees

Interior Spaces

  • 1,132 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Community Details

  • Lumbini Garden Condos
  • Busk Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$108

Year Built

Built in 2007

Lot Details

0

HOA Fees

$576 per month

Listing Details

  • Cross Street: ffWilson/Knickerbocker Aves
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BUSK
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 1132.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 576.0
  • 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: 108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2014
Closed on
Aug 18, 2014
Sold by
Johnson Alessandra
Bought by
Jo Julie
Seller's Agent
Jordan Levitt
Douglas Elliman Real Estate
List Price
$829,999
Sold Price
$850,000
Premium/Discount to List
$20,001
2.41%
Current Estimated Value
$1,039,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,540
Avg. Annual Appreciation
1.81%
Original Mortgage
$310,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2010
Sold by
North Star Enterprise Ny Llc
Bought by
Johnson Alessandra and Johnson Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
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
Jo Julie $850,000 --
Johnson Alessandra $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jo Julie $6,726
Closed Wells Fargo Bank Na $0
Open Jo Julie $375,000
Closed Jo Julie $310,000
Previous Owner Johnson Alessandra $417,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $850,000 +2.4% $751 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $829,999 -- $733 / 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 $104 $243,783 $10,688 $233,095
2024 $104 $218,346 $10,688 $207,658
2023 $102 $210,758 $10,688 $200,070
2022 $102 $207,124 $10,688 $196,436
2021 $102 $185,322 $10,688 $174,634
2020 $76 $195,261 $10,688 $184,573
2019 $105 $162,749 $10,688 $152,061
2018 $106 $92,393 $7,281 $85,112
2017 $106 $89,528 $7,473 $82,055
2016 $107 $82,897 $8,653 $74,244
2015 $84 $76,757 $9,619 $67,138
2014 $84 $71,072 $10,687 $60,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10075654

Real Estate Board of New York (REBNY)

APN: 03165-1002