NOT LISTED FOR SALE

326 Melrose St Unit 4B Busk, NY 11237

Bushwick Neighborhood

Estimated Value: $694,510 - $1,023,000

1 Bed
1 Bath
830 Sq Ft
$315/mo HOA Fee

Last Sold December 22, 2016

Last sale price $735,000 $886 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,599/month

36 Days on Market

About This Home

As of December 2016

We at the Levitt Team are are excited to represent a rare resale at Morgantown's best small condo building.

This one bedroom, penthouse apartment (with an additional sleeping loft) was designed with the Williamsburg buyer in mind, without the Williamsburg price.

Features include Balcony and a large private terrace, double height ceilings in the living room, wide plank oak hardwood floors, custom cabinetry, and W/D in unit.

The chef in you will appreciate the large island, quartz countertops, Bosch oven and microwave and the Fisher & Paykel refrigerator.

The living room is perfect for entertaining and has large windows and natural light throughout the day.

The bathroom has a deep soaking tub and Kohler and Hansgrohe fixtures.

Located in the hottest section of Bushwick near the Morgan L stop, the neighborhood is jam packed with exciting restaurants, bars, and galleries. Maria Hernandez park is nearby, with a great running path and dog park.

421-A tax abatement with approximately 20 years remaining.

Last Agent to Sell the Property

Jordan Levitt

Douglas Elliman Real Estate License #10301208943 Listed on: 09/06/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57

Year Built

  • Built in 2007

HOA Fees

  • $315 Monthly HOA Fees

Interior Spaces

  • 830 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

  • Lumbini Garden Condos
  • Busk Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$57

Year Built

Built in 2007

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Cross Street: ffWilson/Knickerbocker Aves
  • Exposures: East,North,South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: BUSK
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 830.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 315.0
  • 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: 60.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 20, 2016
Sold by
Dealmeida Jurandir C
Bought by
Lee Michelle Man Fung
Seller's Agent
Jordan Levitt
Douglas Elliman Real Estate
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%
Current Estimated Value
$785,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,378
Avg. Annual Appreciation
0.92%
Original Mortgage
$588,000
Outstanding Balance
$484,453
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,531

Purchase Details

Closed on
Jun 28, 2010
Sold by
North Star Enterprise Ny Llc
Bought by
Dealmeida Jurandir C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
4.82%
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 Michelle Man Fung $735,000 --
Dealmeida Jurandir C $354,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Michelle Man Fung $588,000
Previous Owner Dealmeida Jurandir C $9,389
Previous Owner Dealmeida Jurandir C $343,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $735,000 -1.9% $886 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $749,000 -- $902 / 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 $57 $133,233 $5,841 $127,392
2024 $57 $119,331 $5,841 $113,490
2023 $56 $115,185 $5,841 $109,344
2022 $56 $113,198 $5,841 $107,357
2021 $56 $101,283 $5,841 $95,442
2020 $27 $88,947 $5,841 $83,106
2019 $57 $88,947 $5,841 $83,106
2018 $58 $48,083 $3,789 $44,294
2017 $58 $46,591 $3,889 $42,702
2016 $59 $43,140 $4,503 $38,637
2015 $46 $39,945 $5,006 $34,939
2014 $46 $36,987 $5,562 $31,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10082150

Real Estate Board of New York (REBNY)

APN: 03165-1008