NOT LISTED FOR SALE

516 Classon Ave Unit 1A Clinthl, NY 11238

Clinton Hill Neighborhood

Estimated Value: $1,117,000 - $1,346,000

1 Bed
1.5 Baths
1,252 Sq Ft
$553/mo HOA Fee

Last Sold April 01, 2024

Last sale price $1,210,000 $966 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,594/month

14 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Franklin Avenue (A,C,S Line)
  • 1-minute walk to Crispus Attucks Playground
  • Private Yard
  • Central Heating and Cooling System

About This Home

As of April 2024

Beautiful duplex condo home with a private garden and flexible layout in Clinton Hill, Brooklyn. This massive 1,252sqft home is legally configured as a 1 bedroom but can be easily transformed into a 2 bedroom, 1.5 bath, with its lower level recreation room/den/office. This stunning home has a flexible layout with a wealth of possibilities.

Enter the upper level and you will find a spacious living/dining room with a well appointed open chef's kitchen, complete with caesarstone countertops, stainless steel appliances, ample storage, plus a custom walk-in pantry for added convenience. Adjacent to the large living area is the primary bedroom and a classically renovated full bathroom.

The lower level of the duplex has a renovated 1/2 bath, tons of storage space, and a massive recreation room that can easily be used as a bedroom. The large walk-in closet under the staircase could easily be used as an office space. This level also has an in-unit vented washer/dryer and access to the private garden.

The rear garden is a quiet 300+ sqft oasis with built-in planter boxes and plenty of room for both outdoor dining and lounging areas.

516 Classon Ave is a boutique 16 unit luxury condo building located in Clinton Hill, a historic neighborhood rich in culture, architecture, community, bars, cafes, restaurants and boutiques. The C train on Franklin Avenue is 2 blocks away, with the G train on Classon Avenue in close proximity as well. Bike storage in the basement. Pets allowed. Current assessment of $107.24/month (final month is December 2024)

Last Agent to Sell the Property

Brad Bateman

Compass License #40BA1014094 Listed on: 01/24/2024

Compass

Co-Listed By

Jessica Fields

Compass License #10401261353

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,920

Lot Details

  • 4,008

HOA Fees

  • $553 Monthly HOA Fees

Interior Spaces

  • 1,252 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Washer

Additional Features

  • Private Yard
  • Central Heating and Cooling System

Community Details

  • 16 Units
  • Clinton Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 1001 / 01993

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,920

Lot Details

0

HOA Fees

$553 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 1
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1252.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Private Yard

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 553.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 16

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01993
  • Tax Lot: 1001
  • Tax Annual: 10920.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Apr 1, 2024
Sold by
Ferguson Jessie and Friedman Glen
Bought by
Yermash Alexander and Yermash Julia
Seller's Agent
Brad Bateman
Compass
List Price
$1,100,000
Sold Price
$1,210,000
Premium/Discount to List
$110,000
10%
Views
17
Current Estimated Value
$1,246,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,059
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Jun 29, 2017
Sold by
The Classon In Clinton Llc
Bought by
Ferguson Jessie and Friedman Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yermash Alexander $1,210,000 --
Yermash Alexander $1,210,000 --
Ferguson Jessie $840,000 --
Ferguson Jessie $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Glen $11,455
Previous Owner Ferguson Jessie $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $1,210,000 +10.0% $966 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $1,100,000 -- $879 / 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 $13,911 $125,836 $6,949 $118,887
2024 $13,911 $125,052 $6,949 $118,103
2023 $10,931 $116,911 $6,949 $109,962
2022 $10,708 $115,174 $6,949 $108,225
2021 $9,677 $95,620 $6,949 $88,671
2019 $10,639 $108,735 $6,949 $101,786
2018 $12,712 $101,752 $6,949 $94,803
2017 $12,598 $100,253 $6,949 $93,304
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10959825

Real Estate Board of New York (REBNY)

APN: 01993-1001