NOT LISTED FOR SALE

Estimated Value: $816,000 - $1,063,000

2 Beds
2 Baths
1,100 Sq Ft
$448/mo HOA Fee

Last Sold July 30, 2020

Last sale price $784,000 $713 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,038/month

113 Days on Market

Highlights

  • Terrace
  • Building Terrace
  • Central Air
  • Ditmas Junior High school Rated A-

About This Home

As of July 2020

Spread out in this spacious 2 bedroom 2 bath with a separate windowed home office/den that could possibly also be a 3rd bedroom conversion. Featuring 2 terraces, deeded storage and a parking space. This unit has it all!

The living room features a bay window and flows into the dining area and open kitchen. The windowed kitchen is custom with dark mahogany cabinets, white granite counters with double sinks, Subzero fridge & stainless GE appliances, including a dishwasher. There is a front terrace from the living space facing east, and another to watch sunsets from the rear of the unit facing west. The master bedroom features a bay window and en-suite windowed bath, tastefully tiled and a deep soaking tub. The unit also features your own Bosch washer & dryer, central air, video security and hardwood flooring throughout. If you are frustrated with how small other new construction units you have seen are, this unit is a MUST SEE!

East 5th Condos is an 8 unit, 4 story elevator building built in 2005. It is wheelchair accessible, has very low taxes and an abatement in effect unit 2026. The F train is close by at Ditmas Ave. and you are located just a short walk to Cortelyou Road with plenty of bars, cafes and shopping in all directions. Sorry, This is a No Pet Building.

Last Agent to Sell the Property

Jeff Surowka

Abacus Properties LLC License #49SU0904234 Listed on: 03/09/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 2008

Lot Details

  • 6,011

HOA Fees

  • $448 Monthly HOA Fees

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Tax Block 5398

Community Details

Overview

  • 8 Units
  • Kensington Subdivision

Amenities

  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 2008

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Cross Street: Ditman ave
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kensington
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Accessibility Features: Wheelchair Access

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 448.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4
  • Year Built: 2008

Tax Info

  • Tax Block: 5398
  • Tax Annual: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jul 30, 2020
Sold by
Chumney Donalda Turner
Bought by
Casper Andrew M and Sterns Ellie R
Seller's Agent
Jeff Surowka
Abacus Properties LLC
List Price
$784,000
Sold Price
$784,000
Current Estimated Value
$906,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,000
Original Mortgage
$584,000
Outstanding Balance
$520,374
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2016
Sold by
Lam Ching
Bought by
Chumney Donalda Turner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,501
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2008
Sold by
734 East 5Th Condominiums Llc
Bought by
Lam Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.99%
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
Casper Andrew M $784,000 --
Casper Andrew M $784,000 --
Chumney Donalda Turner $795,000 --
Chumney Donalda Turner $795,000 --
Lam Ching $420,000 --
Lam Ching $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casper Andrew M $584,000
Closed Casper Andrew M $584,000
Previous Owner Chumney Donalda Turner $625,501
Previous Owner Lam Ching $441
Previous Owner Lam Ching $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $784,000 0.0% $713 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $784,000 -- $713 / 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 $7,565 $67,364 $13,572 $53,792
2024 $7,565 $60,509 $13,572 $46,937
2023 $6,252 $69,928 $13,572 $56,356
2022 $4,625 $61,432 $13,572 $47,860
2021 $2,970 $56,984 $13,572 $43,412
2020 $853 $62,636 $13,572 $49,064
2019 $298 $64,624 $13,572 $51,052
2018 $301 $62,164 $13,572 $48,592
2017 $301 $54,158 $13,572 $40,586
2016 $305 $62,844 $13,571 $49,273
2015 -- $49,030 $13,571 $35,459
2014 -- $44,321 $13,572 $30,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10617705

Real Estate Board of New York (REBNY)

APN: 05398-1005