NOT LISTED FOR SALE

Estimated Value: $756,000 - $901,000

1 Bed
1 Bath
600 Sq Ft
$323/mo HOA Fee

Last Sold July 11, 2023

Last sale price $755,000 $1,258 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,643/month

35 Days on Market

Highlights

  • Balcony
  • North Facing Home
  • 4-minute walk to Detective Joseph Mayrose Park
  • Magnet School of Math Science & Design Technology Rated A

About This Home

As of July 2023

Bright + Cheerful + Affordable ... It's the Perfect Park Slope 1 Bedroom!

This resale condominium at The Dimora - 361 16th Street - is located on a prime South Slope block, a short distance to Prospect Park and the subway. The entry foyer leads to a spacious open kitchen and combined living / dining space, all outfitted with striking slate tiled flooring with a huge picture window and glass door to the charming balcony. The oversized kitchen is outfitted with stainless appliances and a large island that features additional built-in storage. There is so much natural light, plus private outdoor space to enjoy the fresh air and serenity. The living room features a cleverly-designed and custom-built home office set up, perfect for work-from-home and such an efficient use of space.

Other details include charming decorative niches, recessed lighting throughout, and ceilings just shy of 9' tall. The queen-size bedroom has two large windows and hardwood flooring. You will also enjoy a large modern bathroom and in-unit laundry.

361 16th Street Apt. 2B is your perfect entry to home ownership in Brooklyn. The well-established, self-managed boutique elevator condominium has incredibly low carrying costs, including a tax abatement in place for 10 more years. Pets and subletting are allowed.

Last Agent to Sell the Property

Timothy Stanard

Corcoran Group License #30ST0931703 Listed on: 04/05/2023

Corcoran Group

Co-Listed By

Brian Streater

Corcoran Group License #10401364525

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $204

Year Built

  • Built in 2006

HOA Fees

  • $323 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 600 Sq Ft Home
  • 4-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Balcony
  • North Facing Home

Community Details

  • 7 Units
  • The Dimora Condos

Listing and Financial Details

  • Tax Block 01104

Property Details

Home Type

Condominium

Est. Annual Taxes

$204

Year Built

Built in 2006

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Cross Street: 7 AVENUE and 8 AVENUE
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 600.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 323.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE DIMORA
  • Units: 7
  • Total Stories: 4
  • Year Built: 2006

Tax Info

  • Tax Block: 01104
  • Tax Annual: 204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jul 11, 2023
Sold by
Agro Loretta
Bought by
Kirby Jones Tessa
Seller's Agent
Timothy Stanard
Corcoran Group
List Price
$749,000
Sold Price
$755,000
Premium/Discount to List
$6,000
0.8%
Views
26
Current Estimated Value
$822,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,093
Avg. Annual Appreciation
3.77%
Original Mortgage
$505,000
Outstanding Balance
$492,773
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,320

Purchase Details

Closed on
Mar 31, 2008
Sold by
Deen Realty Llc
Bought by
Agro Loretta
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
Kirby Jones Tessa $755,000 --
Kirby Jones Tessa $755,000 --
Agro Loretta $461,370 --
Agro Loretta $461,370 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirby Jones Tessa $505,000
Closed Kirby Jones Tessa $505,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $755,000 +0.8% $1,258 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $749,000 0.0% $1,248 / Sq Ft
04/18/2023 04/18/23 Off Market $749,000 -- --
04/05/2023 04/05/23 For Sale $749,000 -- $1,248 / 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 $208 $50,926 $5,098 $45,828
2024 $208 $55,437 $5,098 $50,339
2023 $204 $55,335 $5,098 $50,237
2022 $204 $49,906 $5,098 $44,808
2021 $201 $48,071 $5,098 $42,973
2020 $206 $54,723 $5,098 $49,625
2019 $208 $54,723 $5,098 $49,625
2018 $212 $50,798 $5,098 $45,700
2017 $212 $40,297 $5,098 $35,199
2016 $215 $34,766 $5,098 $29,668
2015 $168 $34,817 $5,098 $29,719
2014 $168 $34,409 $5,098 $29,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10865682

Real Estate Board of New York (REBNY)

APN: 01104-1511