NOT LISTED FOR SALE

480 State St Unit 3S Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $1,237,000 - $1,537,588

2 Beds
2 Baths
1,002 Sq Ft
$380/ mo HOA Fee

Last Sold December 11, 2019

Last sale price $999,000 $997 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,808/month

18 Days on Market

Highlights

  • Terrace
  • 4-minute walk to Nevins Street
  • Entrance Foyer
  • P.S. 38 The Pacific School Rated A-
  • Intercom
  • 3-minute walk to North Pacific Playground

About This Home

As of December 2019

Nestled between the brownstones on one of Boerum Hill's most iconic blocks, Atlantic State is an 8-unit, boutique condominium completed in 2008. This open and airy two bedroom apartment boasts a large private deck overlooking a serene garden, 2 full bathrooms, in-unit washer and dryer, dedicated basement storage as well as secure stroller and bicycle storage, and is wired for Fios. Enjoy the quiet of a tree-lined street while living minutes away from endless dining, shopping and nightlife as well as nearly every subway line in the city. BAM, Atlantic Terminal, and the new Whole Foods 365 are around the corner and Fort Greene Park and its year-round farmers market is only a short distance away. Low monthly common charges, and 421A tax abatement is in place until 2024.

Last Agent to Sell the Property

Jake Rabinbach

Compass License #10401266682 Listed on: 06/15/2019

Compass

Co-Listed By

Sarah Zelermyer-Diaz

Compass License #10301204759

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 2005

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,002 Sq Ft Home
  • Entrance Foyer
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Boerum Hill Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 15 / 179

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,272

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$380 per month

Listing Details

  • Cross Street: Nevins Street/3rd Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 1002.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 380.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 2005

Tax Info

  • Tax Block: 179
  • Tax Lot: 15
  • Tax Annual: 1272.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2019
Closed on
Dec 10, 2019
Sold by
Stark- Sylvan Lauren E and Sylvan Derek
Bought by
Schwartz Eric
Seller's Agent
Jake Rabinbach
Compass
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,391,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,897
Avg. Annual Appreciation
5.43%
Original Mortgage
$752,500
Outstanding Balance
$661,901
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$729,996

Purchase Details

Closed on
Jun 7, 2013
Sold by
Stark Lauren E and Sylvan Derek G
Bought by
Stark-Sylvan Lauren E and Sylvan Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$963
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2008
Sold by
S & I Atlantic Realty Llc
Bought by
Stark Lauren E and Sylvan Derek G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Schwartz Eric $1,075,000 --
Schwartz Eric $1,075,000 --
Stark-Sylvan Lauren E -- --
Stark-Sylvan Lauren E -- --
Stark Lauren E $645,000 --
Stark Lauren E $645,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Eric $752,500
Closed Schwartz Eric $752,500
Previous Owner Stark-Sylvan Lauren E $963
Previous Owner Stark Lauren E $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2019 12/11/19 Sold $999,000 0.0% $997 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $999,000 -- $997 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $14,229 $216,870 $11,313 $205,557
2024 $14,229 $180,720 $11,313 $169,407
2023 $11,271 $225,900 $11,313 $214,587
2022 $7,982 $222,002 $11,313 $210,689
2021 $5,376 $177,590 $11,313 $166,277
2020 $1,625 $193,986 $11,313 $182,673
2019 $1,270 $177,915 $11,313 $166,602
2018 $1,281 $84,751 $4,311 $80,440
2017 $1,281 $78,474 $4,639 $73,835
2016 $1,298 $72,662 $5,219 $67,443
2015 $1,014 $72,662 $6,263 $66,399
2014 $1,014 $70,409 $6,597 $63,812
Source: Public Records

Agents Affiliated with this Home

  • Jake Rabinbach

    Seller's Agent in 2019

    Jake Rabinbach

    Compass

    (718) 986-8770

    4 Total Sales

    Jake Rabinbach
    Section Image
  • Sarah Zelermyer-Diaz

    Seller Co-Listing Agent in 2019

    Sarah Zelermyer-Diaz

    Compass

    (917) 664-2374

    2 in this area

    42 Total Sales

    Sarah Zelermyer-Diaz
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10574416

Real Estate Board of New York (REBNY)

APN: 00179-1208

New York Kings County Brooklyn 11217 Boerum Hill

480 State St Unit 3S, Brooklyn, NY

Not Listed for Sale

Condos

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