NOT LISTED FOR SALE

Estimated Value: $755,000 - $1,135,000

1 Bed
1 Bath
824 Sq Ft
$252/mo HOA Fee

Last Sold October 17, 2019

Last sale price $895,000 $1,086 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,431/month

93 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to Metropolitan Avenue
  • Intercom
  • P.S. 132 The Conselyea School Rated A-
  • Balcony
  • Central Air

About This Home

As of October 2019

This beautiful one of a kind condo in the heart of Williamsburg, Brooklyn, was built in 2008 and has 25-year tax abatement. Offering high-end luxury features such as, 15-foot ceilings, central a/c and heating, built in three zone sound system, hardwood floors, video intercom, central vacuum system, soundproof windows, as well as a large private balcony with spectacular tree top views. Common charges include heat, hot water & cooking gas.ABOUT THE CONDOA welcoming foyer with ample closet space brings you right into the dramatic high ceilings of the living and dining area. Here you will enjoy floor to ceiling windows opening up to your private balcony with beautiful tree top views. Adjacent to the living and dining area is a top of the line kitchen, with stainless steal appliances, granite countertops and a breakfast bar. The bedroom features impressive high ceilings, an abundance of natural light, automatic roller shades, and more closet space. Right across the bedroom you will step into the hotel sized marble master bath with double vanity sinks, a raised whirlpool tub, and adjustable radiant floor heating. Up the stairs you will find yourself in in a customized loft space with two very large closets and a home office area. The loft doubles perfectly as a spare guest room.ABOUT WILLIAMSBURGWilliamsburg has gone through a renaissance in the last few years and has become the cultural hub of New York. It offers a wide variety of attractions. From high quality restaurants, bars, hotels, and venues. This neighborhood also showcases a great sample of specialty shops, boutiques, gyms, and yoga studios. Visit the waterfront for a view of the city or McCarren Park for the farmers market and a game of soccer. Centrally located, allowing for an easy commute into Manhattan, to Queens, or Downtown Brooklyn via Subway, Bike, or Car. There is a Citi Bike station and grocery store located half a block away, and a 20-minute commute to La Guardia Airport makes it great for business travelers.

Last Agent to Sell the Property

Joseph Grosso

Corcoran Group License #10401202638 Listed on: 06/15/2019

Corcoran Group

Co-Listed By

Aleksey Gavrilov

Corcoran Group License #40GA1077250

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $168

Year Built

  • Built in 2008 | Newly Remodeled

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 824 Sq Ft Home
  • 1-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Air

Community Details

  • Belvedere V Condos
  • Williamsburg Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$168

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Cross Street: Lorimer Street & Union Avenue
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 824.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

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
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 252.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: BELVEDERE V
  • Total Stories: 1
  • Year Built: 2008

Tax Info

  • Tax Annual: 168.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2019
Closed on
Oct 17, 2019
Sold by
Bandes Douglas
Bought by
Barakhovski Fatakhov Hana Anna and Fatakhov Garry
Seller's Agent
Joseph Grosso
Corcoran Group
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$973,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,095
Avg. Annual Appreciation
1.40%
Original Mortgage
$671,000
Outstanding Balance
$586,620
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$386,475

Purchase Details

Closed on
May 30, 2008
Sold by
Belvedere Five Llc
Bought by
Bandes Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Interest Rate
6.13%
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
Barakhovski Fatakhov Hana Anna $895,000 --
Bandes Douglas $484,000 --
Bandes Douglas $484,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barakhovski Fatakhov Hana Anna $671,000
Previous Owner Bandes Douglas $387,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $895,000 +25471.4% $1,086 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
07/16/2019 07/16/19 For Rent $3,500 -99.6% --
07/16/2019 07/16/19 Rented -- -- --
06/15/2019 06/15/19 For Sale $895,000 -- $1,086 / 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 $162 $144,658 $6,358 $138,300
2024 $162 $136,164 $6,358 $129,806
2023 $159 $119,124 $6,358 $112,766
2022 $159 $117,040 $6,358 $110,682
2021 $159 $109,380 $6,358 $103,022
2020 $78 $114,851 $6,358 $108,493
2019 $163 $114,851 $6,358 $108,493
2018 $165 $41,776 $2,511 $39,265
2017 $165 $41,776 $2,917 $38,859
2016 $167 $40,479 $3,205 $37,274
2015 -- $37,481 $3,561 $33,920
2014 -- $34,706 $3,777 $30,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10564806

Real Estate Board of New York (REBNY)

APN: 02773-1006