NOT LISTED FOR SALE

Estimated Value: $2,043,000 - $2,841,000

2 Beds
3 Baths
2,207 Sq Ft
$485/mo HOA Fee

Last Sold April 02, 2018

Last sale price $1,525,000 $691 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $14,684/month

252 Days on Market

About This Home

As of April 2018

98 16th street is a limited collection of brand-new homes offering the rare combination of stunning design, generous proportions and coveted outdoor space.

Each of these loft-like homes feature beautiful white oak hardwood flooring and large and inviting picture windows. The sleek and stunning kitchens are outfitted with Shinnoki oak cabinetry, custom backsplash shelving paired with Armani Grey Polished Quartz countertops and a suite of stainless steel appliances from Fisher Paykel and Bosch. The master baths are finished with marble floor tile, Statuary marble walls, and marble mosaic showers. Each element of the bathrooms has been carefully curated from the Phylich satin black fixtures, Maax bathtubs. and Cedar and Moss light fixtures.

The Garden Duplex home features 2 bedrooms, 2.5 bathrooms and a huge private backyard. The lower level is over 1000 sq feet of flex space with high ceilings and large windows. The upper level features open living and dining space, and both tranquil bedrooms directly leading to the private yard. This is a home offering tremendous space to live luxuriously and comfortably, both inside and out.

CD16-0155

Last Agent to Sell the Property

Noah Plener

Compass License #10401270402 Listed on: 06/23/2017

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,816

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2,570

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • 2,207 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Community Details

  • 98 16Th Street Condos
  • Park Slope Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,816

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Cross Street: 4th Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 2207.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 485.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 98 16TH STREET
  • Year Built: 2017

Tax Info

  • Tax Block: NA
  • Tax Annual: 9816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Mar 26, 2018
Sold by
98 16 Street Llc
Bought by
Chaphalkar Sunita D and Sokka Thanikaivelu D
Seller's Agent
Noah Plener
Compass
List Price
$1,600,000
Sold Price
$1,525,000
Premium/Discount to List
-$75,000
-4.69%
Current Estimated Value
$2,596,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,537
Avg. Annual Appreciation
7.27%
Original Mortgage
$1,137,750
Outstanding Balance
$977,078
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,619,459
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
Chaphalkar Sunita D $1,517,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaphalkar Sunita D $1,137,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2018 04/02/18 Sold $1,525,000 -4.7% $691 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
06/23/2017 06/23/17 For Sale $1,600,000 -- $725 / 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 $7,292 $116,623 $6,200 $110,423
2024 $7,292 $118,836 $6,200 $112,636
2023 $6,956 $145,805 $6,200 $139,605
2022 $6,838 $134,429 $6,200 $128,229
2021 $7,154 $133,097 $6,200 $126,897
2020 $6,788 $133,093 $6,200 $126,893
2019 $6,329 $125,244 $6,200 $119,044
2018 $0 $28,544 $1,476 $27,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10041820

Real Estate Board of New York (REBNY)

APN: 01051-1101