NOT LISTED FOR SALE

Estimated Value: $2,379,000 - $2,483,000

8 Beds
6 Baths
4,828 Sq Ft
$507/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2021

Last sale price $1,650,000 $342 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $13,784 / mo

70 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Prospect Park (B,Q,S Line)
  • Window Unit Cooling System
  • Ebbets Field Middle School Rated 9+
  • Den
  • Garden

About This Home

As of May 2021

CONTRACT SIGNED. SHOWINGS SUSPENDED. 108 Lincoln Road | Bring your contractor and architect to this rarely available unrenovated, freestanding colonial revival home located in the Prospect Lefferts Gardens Historic District. This stately home was built in 1907 and designed by the Brooklyn architectural firm Slee & Bryson, who also designed similar freestanding homes in Prospect Park South Historic District. The residence faces north on Lincoln Road and sits on a 50? x 105? lot with a driveway that leads to a fully detached garage. Exquisite architectural details abound from the Cross-Gable roof with dormer windows, and the deep front porch and roof supported by ten (10) colonnettes, to the original wood double doors with beveled glass panels. Create a perfect mix of Pre-War details and a modern aesthetic with many of the remaining original architecture including stained glass, balustrades with heart motifs and newel posts, vaulted ceilings, 6-panel wood doors, bay windows, and coffered ceilings. Once configured as a doctor's office, duplex residence w/ attic, this home features eight (8) bedrooms, (4) full bathrooms, and (2) half bathrooms. Grand Army Plaza serves as the gateway to the neighborhood with such amazing amenities such as the Brooklyn Central Library, Brooklyn Botanical Garden, Brooklyn Museum, Prospect Park, Lincoln Road Playground, Prospect Park Boathouse and Audubon Center, Prospect Park Carousel, Lefrak Center at Lakeside Prospect Park, and the Prospect Park Zoo. Additional conveniences include Western Beef, Associated Supermarket, Rite Aid, TD Bank, Planet Fitness, Greenlight Bookstore, UPS Store, Thriftway Pharmacy, Blue Bird, El Patron, Midwood Flats, Trixie?s Pet Food Supplies and Accessories, SKATEYOGI, UPS Store, High-Grade Coffee, and Flatbush Bagels, among others. Transportation includes the B/Q/S trains at Prospect Park Station, 2/5 trains at Sterling Street Station, and B44S/B16/B41/B43/B48/B49 bus service.

Last Agent to Sell the Property

Lisa James

Corcoran Group License #10401215017 Listed on: 11/18/2020

Corcoran Group

Co-Listed By

Anthony Morris

Corcoran Group License #30MO0951810

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 105.0 x 50.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 4,828 Sq Ft Home
  • 3-Story Property
  • Den

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Window Unit Cooling System

Community Details

  • Lefferts Gardens Subdivision

Listing and Financial Details

  • Tax Block 5028

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Flatbush Avenue & Bedford Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Lefferts Gardens
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room
  • Living Area: 4828.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bathrooms Integer: 6
  • Bedrooms: 8

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 105.0 x 50.0

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 5028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
May 26, 2021
Sold by
Peterson Elaine and Peterson Phyllis
Bought by
Sethi Teghvir Singh
Seller's Agent
Lisa James
Corcoran Group
List Price
$1,999,999
Sold Price
$1,650,000
Premium/Discount to List
-$349,999
-17.5%
Current Estimated Value
$2,447,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,957
Avg. Annual Appreciation
8.38%
Original Mortgage
$822,000
Outstanding Balance
$740,969
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,706,988

Purchase Details

Closed on
Jun 26, 2006
Sold by
Peterson Maizie
Bought by
Peterson Elaine and Peterson Phyllis

Purchase Details

Closed on
Jun 1, 2005
Sold by
Peterson Elaine and Peterson Maizie
Bought by
Peterson Maizie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sethi Teghvir Singh $1,617,000 --
Sethi Teghvir Singh $1,617,000 --
Sethi Teghvir Singh $1,617,000 --
Peterson Elaine -- --
Peterson Elaine -- --
Peterson Maizie -- --
Peterson Maizie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sethi Teghvir Singh $822,000
Closed Sethi Teghvir Singh $822,000
Closed Peterson Maizie $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $1,650,000 -17.5% $342 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $1,999,999 -- $414 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,662 $183,300 $32,580 $150,720
2024 $9,662 $150,300 $32,580 $117,720
2023 $9,217 $153,360 $32,580 $120,780
2022 $8,663 $134,400 $32,580 $101,820
2021 $8,836 $127,560 $32,580 $94,980
2020 $4,298 $132,360 $32,580 $99,780
2019 $8,093 $132,360 $32,580 $99,780
2018 $7,412 $37,821 $6,954 $30,867
2017 $7,072 $36,162 $8,141 $28,021
2016 $6,919 $36,162 $9,663 $26,499
2015 $4,115 $35,412 $14,188 $21,224
2014 $4,115 $33,408 $11,375 $22,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10683565

Real Estate Board of New York (REBNY)

APN: 05028-0027

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