NOT LISTED FOR SALE

516 Classon Ave Unit 3B Clinthl, NY 11238

Clinton Hill Neighborhood

Estimated Value: $903,000 - $1,024,000

1 Bed
1 Bath
830 Sq Ft
$364/mo HOA Fee

Last Sold September 19, 2017

Last sale price $770,000 $928 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,489/month

Highlights

  • Rooftop Deck
  • 4-minute walk to Franklin Avenue (A,C,S Line)
  • Central Air
  • Balcony
  • Entrance Foyer
  • 1-minute walk to Crispus Attucks Playground

About This Home

As of September 2017

Come home to this EXTRA LARGE sleek, sunny, and modern home with private outdoor space! This third floor one bedroom extra large condo offers a great layout, high ceilings, and modern finishes throughout. Walk in and you are greeted by the spacious and open living area with warm hardwood floors and West-facing sliding doors that shower the room in afternoon light. The large 107 sf private terrace, just off of the living room, is the perfect spot for sipping morning coffee, relaxing in the sunlight, or entertaining friends and family. The sleek and modern kitchen is like new and has clean lines, stainless steel appliances, plenty of cabinets, and beautiful quartz counters. Down the hall is a flexible bonus space that can serve as a separate dining area or at-home office. Meet all of your storage needs with a large walk-in hallway closet and enjoy the convenience with an in-unit washer/dryer. Finally, a bathroom with a deep soaking tub that you can unwind in at the end of the day and a bright and spacious bedroom with large east-facing windows and ample closets is the cherry on top!

516 Classon Avenue is a pet-friendly, 18-unit boutique condominium with a common roof deck to enjoy and is close to everything that makes Clinton Hill living so desirable! The Greene Hill Food Coop is across the street, while neighborhood favorites like The Fly, Harts, Clementine Bakery and Speedy Romeo are just a few blocks away. BAM, Atlantic Terminal, Barclay's, and Prospect Park are within a short walk. The A/C Franklin stop is only 2 blocks away as well as the Classon Ave G making any commute a breeze!

Last Agent to Sell the Property

Debra Bondy

Compass License #10301203470 Listed on: 05/06/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,436

Year Built

  • Built in 2014

Lot Details

  • 4,008

HOA Fees

  • $364 Monthly HOA Fees

Interior Spaces

  • 830 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 33 / 1993

Community Details

Overview

  • Clinton Hill Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,436

Year Built

Built in 2014

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Cross Street: Putnam Avenue/Fulton Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 830.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 364.0
  • 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: 7
  • Year Built: 2014

Tax Info

  • Tax Block: 1993
  • Tax Lot: 33
  • Tax Annual: 8436.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Sessa Mary Katherine
Bought by
Koch Martin and Suk Violet
Current Estimated Value
$942,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,814
Outstanding Balance
$118,228
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$810,591

Purchase Details

Listed on
May 6, 2021
Closed on
Sep 19, 2017
Sold by
The Classon In Clinton Llc
Bought by
Sessa Mary Katherine and Sessa Vincenzo
Seller's Agent
Debra Bondy
Compass
List Price
$770,000
Sold Price
$770,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$616,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Koch Martin $870,000 --
Sessa Mary Katherine $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Martin $128,814
Previous Owner Sessa Mary Katherine $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $770,000 -- --
06/03/2021 06/03/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $770,000 0.0% $928 / Sq Ft
09/19/2017 09/19/17 Sold $770,000 -- $928 / 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 $11,026 $99,738 $5,508 $94,230
2024 $11,026 $99,117 $5,508 $93,609
2023 $8,664 $92,664 $5,508 $87,156
2022 $8,488 $91,287 $5,508 $85,779
2021 $7,670 $75,789 $5,508 $70,281
2019 $8,432 $86,184 $5,508 $80,676
2018 $10,076 $80,649 $5,508 $75,141
2017 $9,986 $79,461 $5,508 $73,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10716485

Real Estate Board of New York (REBNY)

APN: 01993-1007