NOT LISTED FOR SALE

971 Jerome St Unit 7K Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $303,868 - $372,000

1 Bed
1 Bath
666 Sq Ft
$437/mo HOA Fee

Last Sold September 30, 2020

Last sale price $290,000 $435 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,485/month

22 Days on Market

Highlights

  • 915,855 Sq Ft lot
  • Building Terrace
  • Laundry Facilities
  • Terrace
  • Garage

About This Home

As of September 2020

This renovated one bedroom, one bathroom apartment also includes a massive balcony. Spacious living quarters include a large living room that's excellent for entertaining. A large bedrooms with excellent closet space, a renovated bathroom, and a renovated kitchen with stainless steel appliances.

MeadowWood at Gateway is a 19 building condominium located just minutes away from the Gateway Mall, which offers an array of restaurants, stores and shopping. In close proximity to the Belt Parkway for easy travel. Mass transit includes nearby multiple bus lines as well as the 3 and L trains and the Long Island Railroad for easily commuting or getting around town.

Last Agent to Sell the Property

Geoffrey Gottlieb

Christies International Real Estate Group LLC License #10401242465 Listed on: 02/20/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1990

Lot Details

  • 21.03

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 666 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Terrace

Listing and Financial Details

  • Tax Block 04423

Community Details

Overview

  • 540 Units
  • New Lots Subdivision
  • 9-Story Property

Amenities

  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,412

Year Built

Built in 1990

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: New Lots
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Living Area: 666.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 437.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 915855.0
  • Lot Size Dimensions: 21.02 x 485.0

Building Info

  • New Construction: No
  • Units: 540
  • Total Stories: 9
  • Year Built: 1990

Tax Info

  • Tax Block: 04423
  • Tax Annual: 2412.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Sep 29, 2020
Sold by
Meadowwood Ny Llc
Bought by
Stephens Alvin
Seller's Agent
Geoffrey Gottlieb
Christies International Real Estate Group LLC
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$333,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,467
Avg. Annual Appreciation
1.94%
Original Mortgage
$261,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Stephens Alvin $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Alvin $264,580
Closed Stephens Alvin $253,135
Closed Stephens Alvin $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $290,000 0.0% $435 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $290,000 -- $435 / 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 $3,249 $30,687 $8,983 $21,704
2024 $3,249 $29,557 $8,983 $20,574
2023 $2,197 $28,261 $8,983 $19,278
2022 $1,994 $25,741 $8,983 $16,758
2021 $1,710 $21,090 $8,983 $12,107
2020 $1,283 $24,369 $8,983 $15,386
2019 $2,238 $24,369 $8,983 $15,386
2018 $2,142 $23,517 $8,982 $14,535
2017 $1,829 $22,075 $8,983 $13,092
2016 $1,477 $15,189 $125 $15,064
2015 $520 $11,850 $125 $11,725
2014 $520 $11,612 $2,670 $8,942
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Gottlieb

    Seller's Agent in 2020

    Geoffrey Gottlieb

    Christies International Real Estate Group LLC

    (516) 551-2517

    42 in this area

    91 Total Sales

    Geoffrey Gottlieb
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10897237

Real Estate Board of New York (REBNY)

APN: 04423-1090

New York Kings County Brooklyn 11207 East New York

971 Jerome St Unit 7K, Brooklyn, NY

This home is located at 971 Jerome St Unit 7K, Brooklyn, NY 11207 since 20 February 2020 and is currently estimated at $333,467, approximately $500 per square foot. This property was built in 1990. 971 Jerome St Unit 7K 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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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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