NOT LISTED FOR SALE

971 Jerome St Unit 3A Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $200,241 - $229,000

-- Bed
1 Bath
349 Sq Ft
$231/mo HOA Fee

Last Sold April 18, 2024

Last sale price $220,000 $630 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,543/month

65 Days on Market

Highlights

  • 2.23 Acre Lot
  • Granite Countertops
  • Cooling System Mounted In Outer Wall Opening
  • Property is near public transit
  • Balcony
  • Hot Water Heating System

About This Home

As of April 2024

This spacious well maintained Studio has a GORGEOUS Eat In Kitchen, Large Living Room, Beautiful Full Bath, and Outdoor Patio with a lovely view. Granite kitchen counter, stainless steel appliances, gas cooking, lovely hardwood floors, and gated parking. Laundry room conveniently located on ground floor .Elevator Access available! MeadowWood at Gateway offers 24hr security cameras and Secured entry. Close to shopping, Public transportation, Entertainment and more. Maintenance includes all utilities. Pet Friendly! Can be used as investment! Entertaining all offers...cash offers welcomed!

Last Agent to Sell the Property

Kevin Paulk

Keller Williams Realty Liberty Brokerage Phone: 718-848-4700 License #10401288206 Listed on: 11/11/2023

Keller Williams Realty Liberty

Last Buyer's Agent

Stephanie Walkes

Keller Williams Landmark II License #10401326702

Keller Williams Landmark II

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1964

Lot Details

  • 2.23

HOA Fees

  • $231 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven
  • Microwave
  • Granite Countertops

Schools

  • Ps 273 Wortman Elementary School
  • Van Siclen Community Middle School
  • Academy For Young Writers High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 1 Full Bathroom
  • Balcony
  • No Common Walls
  • Property is near public transit
  • Basement

Listing and Financial Details

  • Legal Lot and Block 1005 / 4423
  • Assessor Parcel Number 04423-1005

Community Details

Overview

  • Association fees include exterior maintenance, sewer, snow removal, trash, gas, heat, hot water
  • High-Rise Condominium
  • Studio
  • 9-Story Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,138

Year Built

Built in 1964

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: High Rise
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 1964
  • New Construction: No
  • Attribution Contact: 718-848-4700
  • Ownership: Condo
  • Subdivision Name: Meadowwood Gateway
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Interior Amenities: Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: Common
  • Inclusions: Alarm System,Microwave,Refrigerator
  • Stories: 9
  • Entry Level: 3
  • AtticDescription: None

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Sewer, Snow Removal, Trash, Gas, Heat, Hot Water
  • Association Fee: 230.55
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: Meadowwood Gateway

Schools

  • Middle School: Van Siclen Community Middle School

Lot Info

  • Lot Size Acres: 2.23
  • Lot Size Area: 2.23
  • Lot Dimensions: 200x485
  • Lot Size Sq Ft: 97000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04423-1005
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes
  • RentingAllowedYN: 0

Tax Info

  • Tax Annual Amount: 1138
  • Tax Block: 4423
  • Tax Lot: 1005
  • Tax Map Number: 04423-1005
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Ps 273 Wortman
  • High School: Academy For Young Writers
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Apr 18, 2024
Sold by
Estate Of Rueben D Loatman and Keris Purdie As Executor
Bought by
Morren Cliff
Seller's Agent
Kevin Paulk
Keller Williams Realty Liberty
Buyer's Agent
Stephanie Walkes
Keller Williams Landmark II
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
94
Current Estimated Value
$214,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,940
Avg. Annual Appreciation
-1.51%
Original Mortgage
$165,000
Outstanding Balance
$162,933
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,727

Purchase Details

Closed on
Jun 21, 2010
Sold by
Nyc Partnership Housing Development Fund and Tacfield Associates Llc
Bought by
Loatman Reuben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,899
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Morren Cliff $220,000 --
Morren Cliff $220,000 --
Loatman Reuben $120,075 --
Loatman Reuben $120,075 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morren Cliff $165,000
Closed Morren Cliff $165,000
Previous Owner Loatman Reuben $117,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $220,000 -2.2% $630 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/11/2023 11/11/23 For Sale $225,000 -- $645 / 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 $1,683 $15,893 $4,649 $11,244
2024 $1,683 $15,308 $4,649 $10,659
2023 $1,138 $14,637 $4,649 $9,988
2022 $1,033 $13,331 $4,649 $8,682
2021 $886 $10,921 $4,649 $6,272
2020 $420 $12,621 $4,649 $7,972
2019 $833 $12,621 $4,649 $7,972
2018 $1,110 $12,180 $4,650 $7,530
2017 $947 $11,432 $4,649 $6,783
2016 $765 $7,869 $65 $7,804
2015 $269 $6,139 $64 $6,075
2014 $269 $6,016 $1,382 $4,634
Source: Public Records

Agents Affiliated with this Home

  • Kevin Paulk

    Seller's Agent in 2024

    Kevin Paulk

    Keller Williams Realty Liberty

    (347) 915-4139

    1 in this area

    13 Total Sales

    Section Image
  • Stephanie Walkes

    Buyer's Agent in 2024

    Stephanie Walkes

    Keller Williams Landmark II

    (917) 627-4143

    3 in this area

    29 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3516054

OneKey® MLS

APN: 04423-1005

New York Kings County Brooklyn 11207 East New York

971 Jerome St Unit 3A, Brooklyn, NY

This home is located at 971 Jerome St Unit 3A, Brooklyn, NY 11207 since 11 November 2023 and is currently estimated at $214,060, approximately $613 per square foot. This property was built in 1964. 971 Jerome St Unit 3A is a home located in Kings County with nearby schools including P.S. 273 Wortman, Van Siclen Community Middle School, and Imagine Me Leadership Charter School.

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