NOT LISTED FOR SALE

Estimated Value: $917,049 - $1,072,000

1 Bed
1 Bath
723 Sq Ft
2006 Built

Sale Details

Date Sold: April 12, 2022

Last sale price $825,000 $1,141 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,920 / mo

60 Days on Market

About This Home

As of April 2022

Make this stunning 1 bed/1 bath your new home in Boerum Hill! 3F, at 556 State Street boasts over 723 sq ft, and features modern finishes as well as a generous layout. You are instantly welcomed through the open concept living and dining area, which includes a separate chef's kitchen that comes fitted with custom wooden cabinetry, stone countertops, high-end stainless steel appliances, a gas range stove and dishwasher, along with an eat-in breakfast bar. The sun-drenched bedroom has a walk-in closet as well as an en-suite bath with a deep soaking tub, that is fitted with sleek tiling, modern fixtures, and vanity. Additional apartment features include a sizable balcony, which is perfect for entertaining or enjoying the outdoors, high ceilings, beautiful custom wooden flooring throughout, oversized windows, recessed lighting, plenty of closet + storage space, in-unit washer/dryer, and through wall AC/heating units. Low common charges and a tax abatement through 2024. The Boerum Heights Condominium, 556 State Street, is a well-maintained full service elevator building located in Boerum Hill, spanning over eight stories and 71 units. Amenities include a 24-hour doorman, live-in manager, fully equipped gym, common decked courtyard with gorgeous views of downtown Brooklyn, along with parking for residents and guests (for a separate fee). Extremely convenient location to transportation, such as the B/D/N/R/Q/2/3/4/5 trains and LIRR at Atlantic Av. Local favorites include Barclays Center, BAM, Whole Foods, Apple, Fort Greene Park, Atlantic Terminal Mall, DeKalb Market Hall, as well as all the other buzz worthy resturants and shopping options nearby.

Last Agent to Sell the Property

Jason Abrishami

Douglas Elliman Real Estate License #10301216796 Listed on: 12/10/2021

Douglas Elliman Real Estate

Co-Listed By

Jerry Minsky

Douglas Elliman Real Estate License #30MI0708058

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 2006

HOA Fees

  • $676 Monthly HOA Fees

Home Design

  • 723 Sq Ft Home
  • Entry on the 8th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 71 Units
  • Boerum Hill Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 00180

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,156

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$676 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Entry Level: 8
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area: 723.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 676.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 71
  • Total Stories: 8
  • Year Built: 2006

Tax Info

  • Tax Block: 00180
  • Tax Annual: 3156.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Apr 12, 2022
Sold by
Bought by
Seller's Agent
Jason Abrishami
Douglas Elliman Real Estate
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Current Estimated Value
$990,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,512
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Jan 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
0.0624%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 --
$640,000 --
$525,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $480,000
Previous Owner $105,000
Previous Owner $420,000
Previous Owner $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2022 06/05/22 Off Market $875,000 -- --
05/17/2022 05/17/22 For Sale $875,000 +6.1% $1,210 / Sq Ft
04/12/2022 04/12/22 Sold $825,000 -5.7% $1,141 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $875,000 -- $1,210 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,662 $92,377 $6,719 $85,658
2025 $9,139 $89,572 $6,719 $82,853
2024 $9,139 $82,958 $6,719 $76,239
2023 $6,921 $77,311 $6,719 $70,592
2022 $5,040 $78,674 $6,719 $71,955
2021 $3,167 $61,967 $6,719 $55,248
2020 $807 $68,604 $6,719 $61,885
2019 $217 $67,957 $6,719 $61,238
2018 $219 $60,324 $6,718 $53,606
2017 $219 $55,306 $6,696 $48,610
2016 $222 $47,594 $6,695 $40,899
2015 -- $38,968 $6,696 $32,272
2014 -- $37,094 $6,696 $30,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10822183

Real Estate Board of New York (REBNY)

APN: 00180-1188

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