NOT LISTED FOR SALE

Estimated Value: $2,231,000 - $3,314,000

2 Beds
2 Baths
1,400 Sq Ft
$1,817/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $1,800,000 $1,286 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $14,319/month

26 Days on Market

Highlights

  • Patio
  • Garden
  • 4-minute walk to Lowry Triangle
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • Central Air

About This Home

As of November 2020

Reimagined, redesigned, and rebuilt this house is reminiscent of a secret hideaway. Enter through the gate on Underhill Avenue into a corridor decorated with a whimsical plant life mural. Turn the corner to see beautifully curated grounds and a Modernist house replete with imposing Rheinzink and sumptuous Brazilian Ipe cladding. With massive windows on three sides, the house is bathed in natural light.

The landscaping exudes low maintenance with artificial turf and an irrigation system that waters the lofty bamboo, native grasses and an array of stunning hydrangeas. The side yard has ample room for a barbecue, lounging and an herb and vegetable garden. The various cleverly designated outdoor spaces allow for communing or solitude.

A striking front door opens to reveal a refined living room with floor to ceiling folding glass walls overlooking the garden, rich walnut floors throughout and a minimalist kitchen with elegant charcoal hued cabinetry. There is a Viking stove with an induction cooktop, Viking dishwasher, and Fisher Paykel refrigerator. The countertops are effortless engineered granite.

Ascend the walnut and wrought iron floating stairs to two bedrooms, a full bathroom and an expertly outfitted laundry closet with vented appliances. The main bedroom accommodates a king-sized bed encompassed by custom cabinetry and decorated with Ipe paneling. You are overlooked only by trees. The bathroom has slate tile, double sinks, and a dramatic cut-out window in the shower. The fixtures are classic matte black.

Descend the stairs to an expansive flex room currently configured as a recreation room and office with the flexibility to be another living room or a bedroom suite. This level has underfloor radiant heating, a second full bathroom and another wall of doors that fully open, allowing easy indoor/outdoor living. Step out into a walled lower-level patio and bask in the sun in complete privacy.

The house features mini-split combined heating and cooling units throughout. The door lock, security, and four-camera video monitoring system are app-controlled.

In addition to this amazing house, there is an option to buy a separate 1000 sq ft parcel of land that sits directly behind the property. If you've dreamed of a back yard pool, here is your opportunity!

One avenue over from Vanderbilt's "restaurant row", seconds to Underhill playground and a short stroll to Grand Army Plaza, Prospect Park, The Botanical Garden, Brooklyn Museum and Barclays center. Every single subway line is also within easy reach.

Last Agent to Sell the Property

Emma James

Corcoran Group License #10401293345 Listed on: 08/13/2020

Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,974

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 57.0 x 25.0
  • Garden

Interior Spaces

  • 1,400 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Air

Community Details

  • Prospect Heights Subdivision

Listing and Financial Details

  • Tax Block 1153

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,974

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Cross Street: St Marks Avenue & Prospect Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1400.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 57.0 x 25.0

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 2009

Tax Info

  • Tax Block: 1153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 3, 2020
Sold by
Foster Kmele and Foster Tracy
Bought by
Hoon Jeremy D and Weng Jue
Seller's Agent
Emma James
Corcoran Group
List Price
$1,750,000
Sold Price
$1,800,000
Premium/Discount to List
$50,000
2.86%
Current Estimated Value
$2,505,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,846
Avg. Annual Appreciation
5.90%
Original Mortgage
$1,350,000
Outstanding Balance
$1,209,502
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,157,778

Purchase Details

Closed on
May 22, 2019
Sold by
Pentagon Development Group Inc
Bought by
Foster Kmele and Foster Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2015
Sold by
Jason Lucas As Administrator
Bought by
Pentagon Development Group Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hoon Jeremy D $1,800,000 --
Foster Kmele $1,550,000 --
Pentagon Development Group Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoon Jeremy D $1,350,000
Previous Owner Foster Kmele $1,240,000
Previous Owner Foster Kmele $77,500
Previous Owner Pentagon Development Group Inc $450,000
Previous Owner Lucas Cornelius $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $1,800,000 +2.9% $1,286 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $1,750,000 -- $1,250 / 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 $7,974 $82,440 $9,000 $73,440
2024 $7,974 $65,100 $9,000 $56,100
2023 $7,607 $57,540 $9,000 $48,540
2022 $7,054 $47,100 $9,000 $38,100
2021 $7,016 $43,800 $9,000 $34,800
2020 $5,262 $44,340 $9,000 $35,340
2019 $6,921 $41,700 $9,000 $32,700
2018 $6,363 $31,212 $7,019 $24,193
2017 $6,003 $29,446 $7,067 $22,379
2016 $5,553 $27,780 $9,000 $18,780
2015 $3,370 $59,535 $4,409 $55,126
2014 $3,370 $56,166 $4,291 $51,875
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10657962

Real Estate Board of New York (REBNY)

APN: 01153-0071