NOT LISTED FOR SALE

Estimated Value: $840,000 - $964,000

2 Beds
1 Bath
871 Sq Ft
$229/mo HOA Fee

Last Sold June 13, 2024

Last sale price $799,000 $917 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,269/month

148 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • 2-minute walk to Prospect Avenue (D,M,N,R Line)

About This Home

As of June 2024

Step into your new home, a delightful two-bedroom, one-bathroom condo that offers modern comforts and style. Enjoy the convenience of central air and an in-unit washer/dryer.The living room is bathed in natural light, providing ample space for both relaxation and dining. Its three large windows offer tranquil views of the treetops, creating a serene ambiance. The kitchen boasts an open layout, a breakfast bar, and a complete suite of stainless-steel appliances, including a dishwasher. Just down the hall, you'll find a vented, gas washer & dryer, as well as a generously sized bathroom with an extra deep whirlpool bathtub, perfect for unwinding after a long day. Both bedrooms are tucked away for quiet privacy, bathed in excellent natural light, and featuring generous closet space. The primary bedroom is spacious and even comes with an additional armoire, ensuring you have a place for everything. Three large south-facing windows flood the room with exceptional light. Throughout the apartment, you'll appreciate the enduring beauty of handsome hardwood floors. This intimate four-unit condo welcomes your furry companions, making it a pet-friendly environment.

Last Agent to Sell the Property

Saddik Bokhari

Coldwell Banker Reliable R E Brokerage Email: saddik.bokhari@cbrnyc.com License #10401240014 Listed on: 10/18/2023

Coldwell Banker Reliable R E

Co-Listed By

Mary Kae Higgins

Coldwell Banker Reliable R E Brokerage Email: saddik.bokhari@cbrnyc.com License #10301208925

Last Buyer's Agent

Everett Smith

The Agency Brokerage License #10401325631

The Agency Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,940

Year Built

  • Built in 1931

HOA Fees

  • $229 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • New Voices Sch-Acad & Creative Arts Middle School
  • Sunset Park High School

Additional Features

  • Two or More Common Walls
  • Central Air

Community Details

Overview

  • 84 16Th Street

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,940

Year Built

Built in 1931

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: saddik.bokhari@cbrnyc.com
  • Co List Office Mls Id: ONECBRE01
  • Co List Office Phone: 718-921-3100
  • Ownership: Condo
  • Subdivision Name: 84 16th Street
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Dishwasher,Dryer,Washer
  • Entry Level: 2
  • Total Bedrooms: 2
  • Living Area: 871
  • AtticDescription: None
  • SquareFootage: 871.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Other, See Remarks
  • Sewer: Public Sewer, Other
  • Water Source: See Remarks
  • GarbageRemoval: Other
  • Hot Water: None

Condo/Co-op/Association

  • Association #2: 229
  • Association #2 Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: 84 16th Street

Schools

  • Middle School: New Voices Sch-Acad & Creative Arts

Lot Info

  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2940

MLS Schools

  • High School: Sunset Park High School
  • Middle School District: Brooklyn 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jun 13, 2024
Sold by
Shimrock John C
Bought by
Richman Ilene
Seller's Agent
Saddik Bokhari
Coldwell Banker Reliable R E
Buyer's Agent
Everett Smith
The Agency Brokerage
List Price
$899,000
Sold Price
$799,000
Premium/Discount to List
-$100,000
-11.12%
Views
557
Current Estimated Value
$901,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,583
Avg. Annual Appreciation
9.15%
Original Mortgage
$599,250
Outstanding Balance
$591,705
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,878

Purchase Details

Closed on
Jan 2, 2018
Sold by
Eleanor T M Hoagland Executrix and Eleanor T M Hoagland Schwartz %
Bought by
Shimrock John C

Purchase Details

Closed on
Sep 11, 2007
Sold by
K & M 84 16 Street Llc
Bought by
Martin Martha Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.65%
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
Richman Ilene $799,000 --
Shimrock John C -- --
Shimrock John C -- --
Martin Martha Kate $429,000 --
Martin Martha Kate $429,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richman Ilene $599,250
Previous Owner Martin Martha Kate $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2024 06/13/24 Sold $799,000 0.0% $917 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $799,000 -11.1% $917 / Sq Ft
10/18/2023 10/18/23 For Sale $899,000 -- $1,032 / Sq Ft
Source: OneKey® MLS

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 $3,728 $140,835 $14,152 $126,683
2024 $3,728 $117,353 $14,152 $103,201
2023 $2,940 $97,794 $14,152 $83,642
2022 $1,524 $96,135 $14,152 $81,983
2021 $1,010 $113,117 $14,152 $98,965
2020 $538 $117,899 $14,152 $103,747
2019 $146 $117,899 $14,152 $103,747
2018 $1,406 $21,240 $2,393 $18,847
2017 $1,071 $20,413 $2,671 $17,742
2016 $1,083 $19,650 $3,028 $16,622
2015 -- $18,431 $3,409 $15,022
2014 -- $17,646 $3,918 $13,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3511362

OneKey® MLS

APN: 01051-1002