NOT LISTED FOR SALE

651 Washington Ave Unit 5R Brooklyn, NY 11238

Prospect Heights Neighborhood

Estimated Value: $1,385,000 - $1,545,159

2 Beds
3 Baths
1,100 Sq Ft
$678/mo HOA Fee

Last Sold April 03, 2019

Last sale price $1,078,000 $980 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,483/month

101 Days on Market

Highlights

  • Newly Remodeled
  • Intercom
  • 4-minute walk to Lowry Triangle
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Laundry Facilities

About This Home

As of April 2019

651 Washington Avenue Welcome home to this rarely available duplex condo elevator building with super low common charges and a tax abatement of only $12, yes, thats right - twelve dollars per month! Tax abatement runs through 2034! Beautiful Brazilian cherry wood floors throughout. Sizable bedrooms with great closet space. Master bedroom has ensuite bathroom and balcony. Pass through kitchen looks out onto living /dining room plus an additional balcony. Your very own washer/dryer in the unit. Assessment of $96.81 through May 2019. Don't wait to join the hipsters of this vibrant Brooklyn neighborhood!

Last Agent to Sell the Property

Anna Milat-Meyer

Corcoran Group License #30MI0923125 Listed on: 11/22/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $144

Year Built

  • Built in 2008 | Newly Remodeled

HOA Fees

  • $678 Monthly HOA Fees

Home Design

  • 1,100 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Tax Block 1147

Community Details

Overview

  • 9 Units
  • Prospect Heights Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$144

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$678 per month

Listing Details

  • Cross Street: Bergen Street & Saint Marks Avenue
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 678.31
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 130.0 x 25.0

Building Info

  • New Construction: Yes
  • Units: 9
  • Total Stories: 6
  • Year Built: 2008

Tax Info

  • Tax Block: 1147
  • Tax Annual: 144.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2018
Closed on
Apr 3, 2019
Sold by
Meyer Gerald
Bought by
Agraharkar Shilpa and Kotliar Andrew
Seller's Agent
Anna Milat-Meyer
Corcoran Group
List Price
$1,250,000
Sold Price
$1,078,000
Premium/Discount to List
-$172,000
-13.76%
Current Estimated Value
$1,423,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,364
Avg. Annual Appreciation
4.24%
Original Mortgage
$862,400
Outstanding Balance
$762,822
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$641,040

Purchase Details

Closed on
Oct 21, 2009
Sold by
651 Washington Avenue Llc
Bought by
Meyer Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,250
Interest Rate
5.06%
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
Agraharkar Shilpa $1,078,000 --
Meyer Gerald $479,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agraharkar Shilpa $862,400
Previous Owner Meyer Gerald $359,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2019 04/03/19 Sold $1,078,000 -13.8% $980 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
11/22/2018 11/22/18 For Sale $1,250,000 -- $1,136 / 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 $141 $166,595 $6,971 $159,624
2024 $141 $208,209 $6,971 $201,238
2023 $141 $195,662 $6,971 $188,691
2022 $138 $192,247 $6,971 $185,276
2021 $136 $165,898 $6,971 $158,927
2020 $140 $181,931 $6,971 $174,960
2019 $143 $189,807 $6,971 $182,836
2018 $144 $97,025 $4,065 $92,960
2017 $144 $89,838 $4,439 $85,399
2016 $146 $83,184 $4,531 $78,653
2015 $114 $77,023 $5,001 $72,022
2014 $114 $77,023 $5,545 $71,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10540406

Real Estate Board of New York (REBNY)

APN: 01147-1208