NOT LISTED FOR SALE

Estimated Value: $1,282,000 - $1,868,143

1 Bed
2 Baths
1,353 Sq Ft
$409/mo HOA Fee

Last Sold October 07, 2015

Last sale price $999,000 $738 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,607/month

172 Days on Market

About This Home

As of October 2015

Major Reduction! Price to sell! A rare find in Williamsburg. A Tribeca style loft in Mint condition with a layout you can only find at 63-69 Stagg Street. This amazing duplex apartment - 1353 sq ft! - has 18-foot ceilings, and an incredibly sleek and modern design!! Featuring one bedroom with a private balcony, extra large mezzanine that can be used as the master bedroom, an office space with a huge pantry/closet that is currently used as a baby's room, and two full baths and a large private roof deck. This apartment has a gracious and unique layout and boasts a kitchen with state-of-the-art stainless steel appliances, central air, washer/dryer and a modern celling fan in the livingroom. Sunlight pours through the floor to ceiling windows, and makes this apartment an absolute must see. 16 years still left for the tax abatement which carries only $6 a month and very low maintenance. Centrally located by the L,G,J,M, and Z Trains

Last Agent to Sell the Property

Rafael Malka

Douglas Elliman Real Estate License #30MA1030034 Listed on: 03/17/2015

Douglas Elliman Real Estate

Co-Listed By

David Hubschman

Douglas Elliman Real Estate License #10401212746

Property Details

Home Type

  • Condominium

Lot Details

  • 6,011

HOA Fees

  • $409 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,353 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • No Cooling

Community Details

  • 8 Units
  • Williams Subdivision

Listing and Financial Details

  • Tax Block 3023

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Cross Street: Lorimer
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: WILLIAMS
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1353.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony, Rooftop

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 409.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4

Tax Info

  • Tax Block: 3023
  • Tax Annual: 72.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
Oct 7, 2015
Sold by
Cordes Brian J and Cordes Leanne
Bought by
Vadja Nickolas
Seller's Agent
Rafael Malka
Douglas Elliman Real Estate
List Price
$1,199,000
Sold Price
$999,000
Premium/Discount to List
-$200,000
-16.68%
Current Estimated Value
$1,568,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,036
Avg. Annual Appreciation
4.50%
Original Mortgage
$599,400
Outstanding Balance
$469,331
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,098,705

Purchase Details

Closed on
Oct 22, 2012
Sold by
Penner Nancy
Bought by
Cordes Brian J and Cordes Leanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Stagg Plaza Llc
Bought by
Penner Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Vadja Nickolas $999,000 --
Vadja Nickolas $999,000 --
Vadja Nickolas $999,000 --
Cordes Brian J $710,000 --
Cordes Brian J $710,000 --
Penner Nancy $499,900 --
Penner Nancy $499,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vadja Nickolas $599,400
Closed Vadja Nickolas $599,400
Previous Owner Cordes Brian J $568,000
Previous Owner Penner Nancy $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2015 10/07/15 Sold $999,000 -16.7% $738 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $1,199,000 -- $886 / 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 $79 $113,568 $3,615 $109,953
2024 $79 $109,977 $3,615 $106,362
2023 $77 $99,035 $3,615 $95,420
2022 $77 $95,757 $3,615 $92,142
2021 $77 $72,016 $3,615 $68,401
2020 $38 $79,995 $3,615 $76,380
2019 $79 $79,995 $3,615 $76,380
2018 $80 $76,982 $3,615 $73,367
2017 $80 $66,092 $3,616 $62,476
2016 $81 $61,773 $3,615 $58,158
2015 $63 $53,410 $3,615 $49,795
2014 $63 $53,410 $3,615 $49,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10081002

Real Estate Board of New York (REBNY)

APN: 03023-1104