NOT LISTED FOR SALE

Estimated Value: $484,000 - $556,000

1 Bed
1 Bath
531 Sq Ft
$336/mo HOA Fee

Last Sold January 28, 2020

Last sale price $399,000 $751 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,638/month

25 Days on Market

Highlights

  • Newly Remodeled
  • 3-minute walk to Rockaway Avenue (A,C Line)
  • Laundry Facilities
  • Rooftop Deck
  • Central Air
  • West Facing Home

About This Home

As of January 2020

Boasting an array of sleek finishes and a thoughtful open plan layout, this immaculate 1-bedroom, 1-bathroom condo is a paradigm of contemporary Brooklyn living. Features of this 531 sq. ft. home include wide plank engineered hardwood floors, huge Pella windows with western exposure, central heating and cooling, and a convenient washer/dryer hook-up.

Beyond a functional entryway space the home flows into a luminous, open-concept living, dining, and kitchen area. The galley-style kitchen is equipped with white quartz countertops, a white tile backsplash, Nolte cabinets, and a suite of high-end stainless steel appliances from Samsung and Fisher & Paykel. The bedroom sits just off the living area and has a large reach-in closet. The bathroom has ceramic tile flooring, textured walls, and chic Kohler and Delta fixtures.

The Hill is a brand new boutique condominium located in Ocean Hill. The building has an elevator, a bicycle room, private storage, and parking spaces. It is less than a block away from all the restaurants, shops, and grocery stores that line Rockaway Avenue, and is close to several parks and playgrounds. Nearby subway lines include the A/C/L/J. Pets are welcome.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 10,019

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • 531 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • West Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 59 / 1552

Community Details

Overview

  • Ocean Hill Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,400

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Cross Street: Rockaway Avenue/Eastern Parkway
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Ocean Hill
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 531.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 336.0
  • 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: Yes
  • Total Stories: 5
  • Year Built: 2018

Tax Info

  • Tax Block: 1552
  • Tax Lot: 59
  • Tax Annual: 2400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jan 28, 2020
Sold by
K2 Herkimer Llc
Bought by
Mcgarity Mara D
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$511,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,436
Avg. Annual Appreciation
3.70%
Original Mortgage
$279,300
Outstanding Balance
$248,898
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$239,352
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
Mcgarity Mara D $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgarity Mara D $279,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $399,000 0.0% $751 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $399,000 -- $751 / 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 $6,027 $55,746 $9,540 $46,206
2024 $6,027 $54,405 $9,540 $44,865
2023 $4,766 $52,451 $9,540 $42,911
2022 $4,499 $49,155 $9,540 $39,615
2021 $5,549 $48,842 $9,540 $39,302
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10589781

Real Estate Board of New York (REBNY)

APN: 01552-1004