NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,084,000

1 Bed
1 Bath
712 Sq Ft
$708/mo HOA Fee

Last Sold November 24, 2020

Last sale price $875,000 $1,229 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,345/month

2,179 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Metropolitan Avenue
  • Garage
  • Terrace
  • Central Air
  • 2-minute walk to Macri Triangle

About This Home

As of November 2020

Check out our Virtual tour!https://Nicks-co.vr-360-tour.com/e/TmoBcq6pB4M/eApartment 3A at 538 Union Ave is a wonderful 1 Bedroom/ 1 Bathroom featuring an extra wide living area and large L shaped balcony. The home is big at approximately 712SF and it feels larger due to the high ceilings and optimal layout. The oversized windows, which brings in joyous amounts of natural light only adds to the spacious feel. The materials used and attention to detail in the home is high end. The kitchen is windowed and features an extra long classico caesarstone countertop, which is both functional for dining, prepping and cooking but it looks beautiful as well. The Bosch, Viking and Fischer-Paykel appliances work seamlessly with the macauba quartzite accented, frosty white and steel wool grey shaker-style cabinets. Your bathroom offers both comfort and style. Finishes include Carrera marble floors, relaxing, stone grey, porcelain wall tiles, espresso textured cabinets, and a Hydro Systems deep-soaking bathtub. The home is thoughtful throughout. The floors are satin finished, true hardwood, white oak and only look better with age. The large bedroom can accommodate any sized bed along with additional pieces of furniture and has a professionally done, walk-in closet. The in-unit washer & dyer rounds out this great one bed. 538 Union Ave is a boutique, 6 story, 13 unit development built in 2015. It has a 15 year, 421a tax abatement in place which has approximately 12 years remaining. Amenities at 538 Union include a brick and wood grained lobby with seating area, a passenger elevator and a common roof deck featuring spectacular Manhattan skyline views. The building is very well situated in North Williamsburg. You will be within a short walking distance of multiple L - Train lines, including Bedford Ave., the Metropolitan Ave G line and well as have Citi Bike a few blocks away. The area has now become a major destination due to the numerous acclaimed restaurants, world class cocktail lounges, specialty shops and vibrant nightlife. This bustling action is happily offset by the laid back attitude of nearby McCarren Park, with its sprawling 35-acres of ball fields, a playground, dog run and newly renovated Olympic size swimming pool.

Last Agent to Sell the Property

David Chi

MNS License #10301205194 Listed on: 01/06/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $528

Year Built

  • Built in 2014

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 712 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7 / 2741

Community Details

Overview

  • Williamsburg Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$528

Year Built

Built in 2014

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • Cross Street: Withers Street/Jackson Street
  • Exposures: North,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 712.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 708.29
  • 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: 2014

Tax Info

  • Tax Block: 2741
  • Tax Lot: 7
  • Tax Annual: 528.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Nov 24, 2020
Sold by
Wei Qun
Bought by
Hartman Samuel
Seller's Agent
David Chi
MNS
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$999,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,209
Avg. Annual Appreciation
2.75%
Original Mortgage
$700,000
Outstanding Balance
$624,320
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$374,889

Purchase Details

Closed on
Mar 18, 2016
Sold by
Withers Owner Llc
Bought by
Wei Qun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,500
Interest Rate
3.65%
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
Hartman Samuel $875,000 --
Wei Qun $819,691 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Samuel $700,000
Previous Owner Wei Qun $538,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $875,000 0.0% $1,229 / Sq Ft
12/06/2014 12/06/14 For Sale $875,000 -- $1,229 / 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 $4,066 $80,105 $2,646 $77,459
2024 $4,066 $78,080 $2,646 $75,434
2023 $2,253 $74,651 $2,646 $72,005
2022 $526 $73,550 $2,646 $70,904
2021 $527 $69,417 $2,646 $66,771
2020 $259 $78,724 $2,646 $76,078
2019 $542 $78,724 $2,646 $76,078
2018 $546 $74,647 $2,646 $72,001
2017 $546 $74,804 $2,646 $72,158
2016 $560 $69,917 $2,647 $67,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10623069

Real Estate Board of New York (REBNY)

APN: 02741-1005