NOT LISTED FOR SALE

70 Erasmus St Unit 3E Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $585,000 - $682,000

3 Beds
1 Bath
1,036 Sq Ft
$461/mo HOA Fee

Last Sold May 16, 2023

Last sale price $547,000 $528 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,081/month

321 Days on Market

About This Home

As of May 2023

'BACK ON MARKET'

This spacious Flatbush condo qualifies for 3-5% down payment with closing costs credit and no income restrictions.

Offering; A welcoming foyer with a coat closet, leading up to your private oasis, east facing living room with dining alcove, both with access to the central pass-thru kitchen, walk-in pantry, large storage closet; 6 total, hardwood floors throughout, in unit washer/dryer, three western facing bedrooms; one king size, two queen size each with spacious closet and thru-wall air conditioner and a vented spacious bath.

The Erasmus condominium is centrally located to all that Flatbush offers bordering Flatbush lefferts gardens! Short walk to trendy and international eateries; Aunts and Uncles, Rogers gardens to name a few and an array of shopping and amenities; Kings Theatre, Prospect park and Brooklyn botanical gardens.

Only 30 minutes to downtown Manhattan with the 2/5 subway stop 3 blocks at Church Ave.

Welcome home!

Last Agent to Sell the Property

Erica Sullivan

Erica Sullivan Properties LLC License #10491207920 Listed on: 04/25/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1989

Lot Details

  • 1.51

HOA Fees

  • $461 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,036 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • 3 Units
  • Flatbush Subdivision

Listing and Financial Details

  • Tax Block 05107

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,880

Year Built

Built in 1989

Lot Details

0

HOA Fees

$461 per month

Listing Details

  • Cross Street: Lott Street/Veronica Place
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1036.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 461.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1989

Tax Info

  • Tax Block: 05107
  • Tax Annual: 2880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 16, 2023
Sold by
Tilokee Johnny
Bought by
Hammond Michael and Kerker Molly
Seller's Agent
Erica Sullivan
Erica Sullivan Properties LLC
List Price
$594,000,000
Sold Price
$547,000
Premium/Discount to List
-$593,453,000
-99.91%
Views
46
Current Estimated Value
$633,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,638
Avg. Annual Appreciation
5.22%
Original Mortgage
$207,860
Outstanding Balance
$202,414
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$415,622

Purchase Details

Closed on
Oct 19, 1994
Sold by
Guerrier Guito and Guerrier Margaret Decd
Bought by
Dennis Laurencia and Tilokee Johnny
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
Hammond Michael $547,000 --
Dennis Laurencia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Michael $207,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $547,000 -3.9% $528 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
11/15/2022 11/15/22 Price Changed $569,000 -1.7% $549 / Sq Ft
10/28/2022 10/28/22 Price Changed $579,000 -2.5% $559 / Sq Ft
10/12/2022 10/12/22 Price Changed $594,000 -99.9% $573 / Sq Ft
09/29/2022 09/29/22 Price Changed $594,000,000 0.0% $573,359 / Sq Ft
09/29/2022 09/29/22 For Sale $594,000,000 +99065.3% $573,359 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $599,000 -4.8% $578 / Sq Ft
05/12/2022 05/12/22 Price Changed $629,000 -3.1% $607 / Sq Ft
04/29/2022 04/29/22 For Sale $649,000 -- $626 / 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 $3,114 $46,201 $1,103 $45,098
2024 $3,114 $39,973 $1,103 $38,870
2023 $3,125 $35,328 $1,103 $34,225
2022 $2,898 $32,570 $1,103 $31,467
2021 $2,882 $25,788 $1,103 $24,685
2020 $2,162 $23,833 $1,103 $22,730
2019 $2,703 $22,101 $1,103 $20,998
2018 $2,614 $12,822 $628 $12,194
2017 $2,466 $12,097 $640 $11,457
2016 $2,282 $11,413 $673 $10,740
2015 $632 $10,767 $618 $10,149
2014 $632 $10,767 $742 $10,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10848098

Real Estate Board of New York (REBNY)

APN: 05107-1033