NOT LISTED FOR SALE

Estimated Value: $733,990 - $838,000

2 Beds
1 Bath
735 Sq Ft
7,449 Sq Ft Lot

Last Sold September 07, 2023

Last sale price $660,000 $898 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,769/month

Highlights

  • Wood Flooring
  • 1-minute walk to Union Street
  • Baseboard Heating
  • P.S. 282 Park Slope Rated A
  • Multiple cooling system units
  • Laundry Facilities

About This Home

As of September 2023

Presenting this Two(2)-Bedroom Condo with Capital Improvement is scheduled to be completed by the end of April located in the most sought-after Prime Location, Park Slope. It is perfectly situated in the center of ALL convenience: with Citibike out your front door, few steps away from Union St Subway Station, B37 Bus, Atlantic Terminal, Starbucks, Barclays Center, Blink Fitness, variety of restaurant choices and much more to mention to satisfy your daily needs. This unit features 2-bedrooms and a full bathroom with 735 SF on the 3rd floor which can easily convert to a 3-bedroom for flexible space as needs change, ground floor common laundry with flexibility to add an in-unit washer/dryer, bike room, pet friendly building, low monthly maintenance fee $393.27 which includes water & sewer/hot water/heat/cooking gas and annual property tax $6,150. Won't Last!

Last Agent to Sell the Property

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 03/08/2023

RE/MAX Edge

Last Buyer's Agent

Jason Zhou

RE/MAX Edge License #10301217017 Listed on: 03/08/2023

RE/MAX Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,135

Year Built

  • Built in 1909

Lot Details

  • 7,449

Home Design

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Available
  • Septic System

Additional Features

  • Stove
  • Sprinkler System

Listing and Financial Details

  • Tax Block 955

Community Details

Overview

  • 30 Units
  • Association Phone (631) 421-7371
  • The Madeline House Condominium Condos
  • Property managed by Concord Management of NY LLC

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,135

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Beds Total Level1: 2
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4th Ave
  • Cross Street Name2: 5th Ave
  • Down Payment Required: 30
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Maintenance Common Fee: 393.27
  • Negotiate Thru: Broker
  • Parking Attributes: None
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Laundry Area, Refrigerator, Stove
  • Rooms Total Level1: 4
  • Fill Sq Ft Total: 735
  • Street Name I D X: Union
  • Street Number I D X: 630
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Entry Floor: 3
  • Room Count: 5
  • Total Rooms: 4
  • Basement Type: Apartment

Exterior Features

  • Exterior Building Type: Detached
  • Lot Number: 1117

Utilities

  • Air Conditioning Units: 3
  • Heating Fuel: Gas
  • Utilities: Gas, Heat, Septic, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Concord Management of NY LLC
  • Manager Phone: 631-421-7371
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 30

Lot Info

  • Building Project Name: The Madeline House Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 6135.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Sep 7, 2023
Sold by
Hu Wendie Siu and Kwong Connie Siu
Bought by
Chen Benjamin
Seller's Agent
Jason Zhou
RE/MAX Edge
Buyer's Agent
Jason Zhou
RE/MAX Edge
List Price
$799,000
Sold Price
$660,000
Premium/Discount to List
-$139,000
-17.4%
Current Estimated Value
$791,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,498
Avg. Annual Appreciation
8.90%
Original Mortgage
$250,000
Outstanding Balance
$244,698
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$546,800

Purchase Details

Closed on
Nov 18, 2011
Sold by
Kwong Kwok Ying and Kwong Yim Tine
Bought by
Hu Wendie Siu and Kwong Connie Siu
Source: Public Records

Range of Values:

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Average Value
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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
Chen Benjamin $660,000 --
Chen Benjamin $660,000 --
Hu Wendie Siu -- --
Hu Wendie Siu -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Benjamin $250,000
Closed Chen Benjamin $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $660,000 -5.6% $898 / Sq Ft
05/17/2023 05/17/23 Price Changed $699,000 -7.8% $951 / Sq Ft
04/10/2023 04/10/23 Price Changed $758,000 -5.1% $1,031 / Sq Ft
03/08/2023 03/08/23 For Sale $799,000 -- $1,087 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,016 $70,077 $5,428 $64,649
2024 $7,016 $60,720 $5,428 $55,292
2023 $6,451 $61,840 $5,428 $56,412
2022 $6,135 $57,674 $5,428 $52,246
2021 $5,410 $47,323 $5,428 $41,895
2020 $6,023 $53,051 $5,428 $47,623
2019 $5,907 $54,661 $5,428 $49,233
2018 $5,713 $50,526 $5,428 $45,098
2017 $5,381 $49,327 $5,428 $43,899
2016 $4,872 $47,260 $5,428 $41,832
2015 $2,141 $46,092 $5,428 $40,664
2014 $2,141 $43,031 $5,429 $37,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472359

Brooklyn Board of REALTORS®

APN: 00955-1117