NOT LISTED FOR SALE

Estimated Value: $1,523,696 - $2,183,000

2 Beds
2 Baths
1,263 Sq Ft
$1,465/mo HOA Fee

Last Sold April 13, 2015

Current estimated payment $11,388/month

59 Days on Market

Highlights

  • Garage
  • 4-minute walk to Grand Army Plaza
  • East Facing Home
  • P.S. 9 The Sarah Smith Garnet School Rated A

About This Home

As of April 2015

Luxury 2BR at 1 Grand Army Plaza Location, location, location! Come own at the most sought after building on Prospect Park designed by the award winning architect Richard Meier. This spacious and modern interior facing two bedroom, two bathroom plus dining alcove features top of the line finishes and fixtures throughout. The stunning open kitchen features a Gaggenau range, cooktop, and hood, SubZero fridge, Miele dishwasher, and seamless integrated modern cabinetry, and the spa-like master bathroom features a Zuma soaking tub, rain shower, and heated floors. With ample closet space and built ins, the home offers abundant natural light and solar efficient floor-to-ceiling glass curtain walls.

1 Grand Army Plaza is a premiere full service condominium with exceptional amenities including a full-time doorman and concierge, resident's lounge with pool table, TV's, Sonos sound system, and catering kitchen, children's playroom, roof deck with lounge and dining areas, Sonos sound system, two grills, herb garden, and incredible views of Brooklyn, Manhattan, and beyond, access to a 30,000 square foot health club with pool, and on-site parking.

At 1 Grand Army Plaza, you are only steps away from the restaurants, bars and shopping that have made the area one of the most desirable neighborhoods in Brooklyn.With over 20 years left on the 421a tax abatement and low common charges, this property would make a wonderful home, pied-a-terre, or investment.

This home also comes with a basement storage unit.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $192

Year Built

  • Built in 2008

Lot Details

  • East Facing Home

HOA Fees

  • $1,465 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,263 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 96 Units
  • On Prospect Park Condos
  • Prospect Heights Subdivision
  • 15-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$192

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,465 per month

Listing Details

  • Cross Street: ST JOHNS PLACE and EASTERN PARKWAY
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Living Area: 1263.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1465.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: ON PROSPECT PARK
  • Units: 96
  • Total Stories: 15
  • Year Built: 2008

Tax Info

  • Tax Block: NA
  • Tax Annual: 192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2015
Closed on
Apr 2, 2015
Sold by
Moriuchi Sakura
Bought by
Schmitt F Thomas and Schmitt Hedwig Louise
List Price
$1,395,000
Current Estimated Value
$1,821,674

Purchase Details

Closed on
Apr 25, 2011
Sold by
Seventeen Development Llc
Bought by
Moriuchi Sakura and Tohid Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.82%
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
Schmitt F Thomas $1,395,000 --
Moriuchi Sakura $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Hedwig Louise $854,000
Previous Owner Moriuchi Sakura $688,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold -- -- --
03/14/2015 03/14/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $1,395,000 -- $1,105 / 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 $189 $128,612 $3,340 $125,272
2024 $189 $123,343 $3,340 $120,003
2023 $186 $107,818 $3,340 $104,478
2022 $185 $93,985 $3,340 $90,645
2021 $183 $63,571 $3,340 $60,231
2020 $188 $75,310 $3,340 $71,970
2019 $189 $70,768 $3,340 $67,428
2018 $193 $69,762 $3,340 $66,422
2017 $193 $65,976 $3,340 $62,636
2016 $195 $49,173 $3,340 $45,833
2015 $153 $48,384 $3,347 $45,037
2014 $153 $45,815 $3,346 $42,469
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10069101

Real Estate Board of New York (REBNY)

APN: 01172-1133