NOT LISTED FOR SALE

489 Atlantic Ave Unit 2A Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $1,336,000 - $1,717,000

2 Beds
2 Baths
1,100 Sq Ft
$399/mo HOA Fee

Last Sold September 13, 2016

Last sale price $1,100,000 $1,000 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,629/month

67 Days on Market

About This Home

As of September 2016

JUST IN TIME FOR SPRING! ENJOY TRUE INDOOR/OUTDOOR LIVING IN THIS SUN-FLOODED, SPACIOUS, LOFT-LIKE 2 BEDROOM/2 BATH CONDO WITH LARGE OUTDOOR SPACE.

This stunning, floor-through home has it all--great layout, amazing location, bright southern exposure, and low, low monthlies. Huge, south-facing great room with wall of oversized windows; granite and stainless open kitchen; in-unit washer/dryer; 2 full marble baths--one with walk-in shower and master bath with jacuzzi tub; 2 generous, quiet bedrooms in the back of the apartment; and a large terrace that extends the entire width of the apartment, perfect for entertaining, outdoor barbecues, summer dining, or simply relaxing with the newspaper and morning coffee.

Keyed elevator opens onto the private floor with a mud room in between--great place to take off shoes and coats! Boutique condo building is just 7 years old and has extremely LOW monthlies! Unbeatable location in the heart of Boerum Hill, just a few blocks from the Atlantic Avenue/Barclays Center subway stop (2, 3, 4, 5, D, N, Q, R, and B) and LIRR and surrounded by great restaurants, night life, and shopping. Walk everywhere! This lovely home was purchased from the developer in 2010--this is the first resale by the original owner. Pet-friendly and no board approval. First showing is the open house on Saturday, April 16th, from 1:00-3:30.

Last Agent to Sell the Property

Elyse Dubin

Douglas Elliman Real Estate License #40DU1017219 Listed on: 04/03/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 2007

Lot Details

  • 3,703

HOA Fees

  • $399 Monthly HOA Fees

Home Design

  • 1,100 Sq Ft Home
  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

  • 8 Units
  • Atlantic State Condos
  • Boerumhl Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 179

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,404

Year Built

Built in 2007

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Cross Street: Nevins Street & Third Avenue
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BOERUMHL
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 399.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Atlantic State
  • Units: 8
  • Total Stories: 6
  • Year Built: 2007

Tax Info

  • Tax Block: 179
  • Tax Annual: 1404.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Long Patricia and Smith Evan D
Bought by
Hunter Scott Michael and Siu Wai Ming
Current Estimated Value
$1,498,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$876,502
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$622,272

Purchase Details

Listed on
Apr 3, 2016
Closed on
Sep 13, 2016
Sold by
Fisher Melissa
Bought by
Long Patricia and Smith Evan D
Seller's Agent
Elyse Dubin
Douglas Elliman Real Estate
List Price
$1,125,000
Sold Price
$1,100,000
Premium/Discount to List
-$25,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$880,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2010
Sold by
S & I Atlantic Realty Llc
Bought by
Fisher Melissa and Shell Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.12%
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
Hunter Scott Michael $1,225,000 --
Long Patricia $1,100,000 --
Fisher Melissa $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Scott Michael $980,000
Previous Owner Long Patricia $880,000
Previous Owner Fisher Melissa $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2016 09/13/16 Sold $1,100,000 -2.2% $1,000 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $1,125,000 -- $1,023 / 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 $15,401 $234,727 $12,245 $222,482
2024 $15,401 $195,601 $12,245 $183,356
2023 $11,970 $244,501 $12,245 $232,256
2022 $8,639 $240,281 $12,245 $228,036
2021 $5,819 $192,214 $12,245 $179,969
2020 $1,759 $209,959 $12,245 $197,714
2019 $1,374 $192,564 $12,245 $180,319
2018 $1,386 $91,730 $4,666 $87,064
2017 $1,386 $84,936 $5,021 $79,915
2016 $1,405 $78,646 $5,648 $72,998
2015 $1,098 $78,646 $6,779 $71,867
2014 $1,098 $76,206 $7,141 $69,065
Source: Public Records

Agents Affiliated with this Home

  • Elyse Dubin

    Seller's Agent in 2016

    Elyse Dubin

    Douglas Elliman Real Estate

    (917) 482-3570

    46 Total Sales

    Elyse Dubin
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10037794

Real Estate Board of New York (REBNY)

APN: 00179-1202

New York Kings County Brooklyn 11217 Boerum Hill

489 Atlantic Ave Unit 2A, Brooklyn, NY

This home is located at 489 Atlantic Ave Unit 2A, Brooklyn, NY 11217 since 03 April 2016 and is currently estimated at $1,498,774, approximately $1,362 per square foot. This property was built in 2007. 489 Atlantic Ave Unit 2A is a home located in Kings County with nearby schools including P.S. 38 The Pacific School, A. Fantis School of Saints Constantine and Helen Cathedral, and MUSE Academy.

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