NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,019,000

2 Beds
1 Bath
760 Sq Ft
$532/mo HOA Fee

Last Sold December 15, 2021

Last sale price $900,000 $1,184 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,021/month

40 Days on Market

Highlights

  • Community Garden
  • 2-minute walk to Union Street
  • Central Air
  • Balcony
  • Entrance Foyer
  • Laundry Facilities

About This Home

As of December 2021

Situated on a lovely tree lined block and up two flights is where you enter into the spacious living room with extra large southern facing windows with tree top views.

The well equipped kitchen features a pass through feature to the dining area and is outfitted with stainless steel appliances, including a dishwasher, externally venting oven hood, beautiful slate countertops with ample room for meal prep, and custom oak cabinetry.

The primary bedroom features a wall of closets and southern facing windows. The office / den is currently being used as a sleeping area and allows for multiple uses as a spacious work form home office or den.

In addition; There is generous closet space throughout with five closets in total, oak hardwood floors, central heat & AC, Nest Thermostat, Amazing natural light streaming through oversized southern facing windows and recessed & custom lighting complete this wonderful home.

The Lumberyard Condominium is a pet friendly professionally managed building built in 2003. It's comprised of 18-units, a part -time super, laundry room, bike storage, and a beautifully landscaped furnished common garden with BBQ area.

Very low common charges and a tax abatement until 2030 makes this not only a great investment but a great place to call home.

Perfectly located a half block from all the fantastic restaurants and shops 5th Avenue has to offer. Just two blocks to the subway, and close proximity to JJ Byrne Park, dog run, weekend Farmer's Market, Whole Foods, Park Slope Food Coop, Prospect Park, Barclays Arena, and so much more.

Last Agent to Sell the Property

Amanda Nelson

Compass License #40NE1158063 Listed on: 09/17/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $612

Year Built

  • Built in 2003

Lot Details

  • 5,489

HOA Fees

  • $532 Monthly HOA Fees

Interior Spaces

  • 760 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Balcony
  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 958

Community Details

Overview

  • Lumberyard, The Condos
  • Park Slope Subdivision
  • 5-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$612

Year Built

Built in 2003

Lot Details

0

HOA Fees

$532 per month

Listing Details

  • Cross Street: 4th Avenue/5th Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 760.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 532.0
  • 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
  • Building Name: Lumberyard, The
  • Total Stories: 5
  • Year Built: 2003

Tax Info

  • Tax Block: 958
  • Tax Lot: 7501
  • Tax Annual: 612.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 15, 2021
Sold by
Sellers Michael T and Sellers Yong Suzanne
Bought by
Welch David Matthew and Welch Teresa Elaine
Seller's Agent
Amanda Nelson
Compass
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$998,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,104
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Mccaffrey Brigid and Mccaffrey Kevin
Bought by
Sellers Michael T and Sellers Yong Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Welch David Matthew $900,000 --
Sellers Michael T $565,000 --
Sellers Michael T $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch David M $675,000
Previous Owner Sellers Michael T $334,811
Previous Owner Sellers Michael T $395,418
Previous Owner Sellers Michael T $417,000
Previous Owner Mccaffrey Kevin C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $900,000 0.0% $1,184 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $900,000 -- $1,184 / 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 $616 $89,469 $6,515 $82,954
2024 $616 $79,323 $6,515 $72,808
2023 $616 $85,491 $6,515 $78,976
2022 $603 $74,384 $6,515 $67,869
2021 $605 $61,195 $6,515 $54,680
2020 $297 $69,205 $6,515 $62,690
2019 $622 $68,590 $6,515 $62,075
2018 $627 $60,927 $6,514 $54,413
2017 $627 $56,175 $6,515 $49,660
2016 $635 $45,228 $6,514 $38,714
2015 $496 $40,102 $6,514 $33,588
2014 $496 $28,888 $6,514 $22,374
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10743104

Real Estate Board of New York (REBNY)

APN: 00958-1104