NOT LISTED FOR SALE

1311 Pacific St Unit 605 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $580,525 - $710,000

1 Bed
1 Bath
571 Sq Ft
$468/mo HOA Fee

Last Sold January 13, 2017

Last sale price $625,000 $1,095 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,134/month

48 Days on Market

Highlights

  • Building Patio
  • 4-minute walk to Nostrand Avenue (A,C Line)
  • Garage
  • Patio
  • Central Air

About This Home

As of January 2017

***Deeded Parking and Storage included***

Impress your guests when they enter through the private keyed elevator to your beautiful penthouse loft with double exposure, polished concrete floors, front patio, and private landscaped roof terrace with Manhattan views. Built with insulated concrete forms and equipped with ductless mini-split system for heating and cooling, Pacific Street Lofts was designed to be highly energy efficient and virtually soundproof. The windowed bathroom is equipped with plenty of mirrors and storage, dual flush toilet, and over-sized rainfall shower. In addition to two built-in closets there is a PAX wardrobe to help you keep organized. The seller has upgraded the kitchen with a custom wood stone counter top and marble back splash, and a wall with glass door in the sleep area provides privacy from the living room.

The building features a gym with weight machine, free weights, cardio machines, and four TVs for a range of workouts. Laundry and hot water are included in the low common charges and the tax abatement is in place until 2027.

Conveniently located just 3 blocks from the A and C trains for a 15 minute commute to Manhattan and the LIRR for weekend trips to the beach. Many great restaurants, boutiques, banks, grocery and supermarkets are nearby on Nostrand Avenue and Franklin Avenue. Short distance to the Brooklyn Museum, Brooklyn Botanic Garden, Brooklyn Zoo, Brooklyn Public Library, and Prospect Park.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $180

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Patio
  • Central Air

Listing and Financial Details

  • Tax Block 1201

Community Details

Overview

  • Crown Heights Subdivision
  • 6-Story Property

Amenities

  • Building Patio
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$180

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Cross Street: Nostrand Ave/New York Ave
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Loft
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Rooms (Total): 2

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Patio/Porch Features: Building Patio, Building Terrace, Patio

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 468.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 6

Tax Info

  • Tax Block: 1201
  • Tax Annual: 180.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2019
Sold by
Asch Rebecca and Markowitz Evan
Bought by
Nan Franck
Current Estimated Value
$639,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$430,247
Interest Rate
3.7%
Mortgage Type
Unknown
Estimated Equity
$209,634

Purchase Details

Listed on
Oct 3, 2016
Closed on
Jan 13, 2017
Sold by
Payne Kerry
Bought by
Asch Rebecca and Markowitz Evan
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$499,500
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2014
Sold by
828 Dean Street Llc
Bought by
Payne Kerry and Stailey Justin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2011
Sold by
Lotus Development Group Llc
Bought by
828 Dean Street Llc
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
Nan Franck $650,000 --
Asch Rebecca $625,000 --
Payne Kerry $475,000 --
828 Dean Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nan Franck $485,000
Previous Owner Asch Rebecca $499,500
Previous Owner Payne Kerry $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $625,000 0.0% $1,095 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $625,000 -- $1,095 / 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 $2,468 $60,330 $12,312 $48,018
2024 $2,468 $52,867 $12,312 $40,555
2023 $1,257 $50,898 $12,312 $38,586
2022 $171 $48,701 $12,312 $36,389
2021 $171 $38,761 $12,312 $26,449
2020 $84 $45,065 $12,312 $32,753
2019 $176 $44,747 $12,312 $32,435
2018 $178 $37,427 $12,312 $25,115
2017 $178 $36,109 $12,312 $23,797
2016 $180 $32,489 $12,312 $20,177
2015 $141 $29,964 $12,312 $17,652
2014 $141 $27,852 $12,312 $15,540
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10086798

Real Estate Board of New York (REBNY)

APN: 01201-1031