NOT LISTED FOR SALE

78 Erasmus St Unit 1A Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $614,000 - $931,000

3 Beds
1 Bath
1,002 Sq Ft
$538/mo HOA Fee

Last Sold October 15, 2019

Last sale price $650,000 $649 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,745/month

355 Days on Market

About This Home

As of October 2019

Summer is coming, here is the perfect opportunity to enjoy Summertime get-togethers (such as cookouts or parties) or to enjoy the sunlight. This three bedroom, one bath condo is located in Erasmus Place Condominiums. The current owner will enjoy the renovated kitchen and bathroom. The apartment features a washer/dryer hookup and a private parking spot for the future tenant. Located 3 blocks from the 2/5 train on Church Avenue along with a short stroll from Q train on Church Avenue as well. This apartment will not last.

Last Agent to Sell the Property

Hakim Edwards

Corcoran Group License #30ED1004324 Listed on: 02/14/2019

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 1988

Lot Details

  • 1.51

HOA Fees

  • $538 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,002 Sq Ft Home
  • 2-Story Property
  • Intercom
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 7501 / 5107

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,088

Year Built

Built in 1988

Lot Details

0

HOA Fees

$538 per month

Listing Details

  • Cross Street: Lott Street/Veronica Place
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Equipment (Other): Intercom
  • Living Area: 1002.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Wall Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 538.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1988

Tax Info

  • Tax Block: 5107
  • Tax Lot: 7501
  • Tax Annual: 2088.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Oct 10, 2019
Sold by
Ina Davis-Payton Family Trust
Bought by
Vanlente Gretchen
Seller's Agent
Hakim Edwards
Corcoran Group
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$741,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,664
Avg. Annual Appreciation
2.22%

Purchase Details

Closed on
Jul 22, 2008
Sold by
Payton Ina B
Bought by
Davis-Payton Ina and Ina Davis-Payton Family Trust
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
Vanlente Gretchen $640,000 --
Davis-Payton Ina -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $650,000 0.0% $649 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/27/2018 09/27/18 For Sale $650,000 -- $649 / 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 $3,284 $48,718 $1,163 $47,555
2024 $3,284 $42,150 $1,163 $40,987
2023 $3,295 $37,252 $1,163 $36,089
2022 $3,056 $34,345 $1,163 $33,182
2021 $3,039 $27,193 $1,163 $26,030
2020 $1,425 $23,306 $1,163 $22,143
2019 $2,191 $23,306 $1,163 $22,143
2018 $2,097 $13,520 $663 $12,857
2017 $1,954 $12,756 $675 $12,081
2016 $1,785 $12,034 $710 $11,324
2015 $666 $11,354 $652 $10,702
2014 $666 $11,354 $782 $10,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10563513

Real Estate Board of New York (REBNY)

APN: 05107-1025