NOT LISTED FOR SALE

Estimated Value: $2,201,247 - $2,711,000

8 Beds
3 Baths
3,063 Sq Ft
$796/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $199,999 $65 Per Sq Ft

Est. 1,119% increase in value since last sale

Current estimated payment $14,176/month

15 Days on Market

About This Home

As of August 2019

On an enormous corner lot at Dorchester Road and 16th Street, this beautiful landmarked Victorian home is tucked privately behind rows of maintained hedges. Enter the grounds and the up the stairs to the front covered porch where you can easily sit and enjoy a lemonade on a warm day. The double door entry leads into a grand foyer introducing the old world charm of the home. To the right is an expansive living room featuring a marble surround fireplace. Abundant natural light pours in from the enormous windows looking out onto the wraparound sunroom on the front of the house.

On the opposite side of the home is a formal dining room. The room's crown molding, wood wainscoting and hardwood floor inlay makes the space elegant and timeless. Continue through to a powder room and convenient butler's pantry before entering the eat-in kitchen. Granite counter tops, stainless steel appliances, and ample storage make this an ideal kitchen for chefs and cooking enthusiasts alike. Built in banquet seating and access to the side and back yards make the space ideal for entertaining.

The stately center staircase leads up to the main sleeping level. The first bedroom features large windows and a lovely terrace overlooking 16th Street. The front bedroom has its own marble sink and custom millwork around the radiators with a large walk in closet. Across the landing is the massive and bright master bedroom. A full bathroom, walkthrough dressing room with dual closets and an additional bedroom complete the level. The top floor of the home offers 3 additional bedrooms and a full bathroom. The basement is accessible through the kitchen and offers immense amounts of storage as well as a half bathroom and a laundry room.

The grounds of the home have been meticulously maintained and offer many options for customization. The rarest aspect of the grounds is the incredible in ground pool and adjacent hot tub. The rear yard has a patio where a grill and dining area can easily be set up for entertaining. And this property has a curb cut.

1600 Dorchester is conveniently located near the B and Q subway lines at the Cortelyou Road Subway Station. Ditmas Park is known for its gorgeous tree lined streets and picturesque historic homes and is home to many shopping and dining options.

Last Agent to Sell the Property

Kerrie Lynch

Brown Harris Stevens Residential Sales LLC License #10401288284 Listed on: 06/20/2019

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Warner Lewis

Brown Harris Stevens Residential Sales LLC License #30LE1035095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,018

Lot Details

  • 5,184

Interior Spaces

  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Ditmas Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,018

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 13

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 6, 2019
Sold by
Hillman Kenneth Jean and Love Christine
Bought by
Baumstein Douglas and Bowers Alison
Seller's Agent
Kerrie Lynch
Brown Harris Stevens Residential Sales LLC
List Price
$2,000,000
Sold Price
$199,999
Premium/Discount to List
-$1,800,001
-90%
Current Estimated Value
$2,438,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,238,063
Avg. Annual Appreciation
50.98%
Original Mortgage
$1,799,799
Outstanding Balance
$1,584,056
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$854,006

Purchase Details

Closed on
Apr 15, 2013
Sold by
Hillman Kenneth J
Bought by
Hillman Kenneth J and Love Christine

Purchase Details

Closed on
Mar 28, 2011
Sold by
Hillman Kendra Jean
Bought by
Hillman Kenneth Jean

Purchase Details

Closed on
Jan 22, 2010
Sold by
Primacy Closing Corporation
Bought by
Hillman Kendra Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,600
Interest Rate
5.11%
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
Baumstein Douglas $1,999,999 --
Hillman Kenneth J -- --
Hillman Kenneth Jean -- --
Hillman Kendra Jean $1,298,000 --
Primacy Closing Corporation $1,298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumstein Douglas $1,799,799
Previous Owner Hillman Kendra Jean $908,600
Previous Owner Smith Michael Chabot $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $199,999 -90.0% $65 / Sq Ft
07/06/2019 07/06/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $2,000,000 -- $653 / 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 $11,018 $163,380 $29,820 $133,560
2024 $11,018 $129,060 $29,820 $99,240
2023 $10,511 $156,720 $29,820 $126,900
2022 $10,332 $128,280 $29,820 $98,460
2021 $10,810 $115,740 $29,820 $85,920
2020 $5,069 $123,120 $29,820 $93,300
2019 $9,563 $125,220 $29,820 $95,400
2018 $8,792 $43,130 $7,869 $35,261
2017 $8,792 $43,130 $12,172 $30,958
2016 $8,557 $42,804 $13,941 $28,863
2015 $4,907 $40,382 $17,693 $22,689
2014 $4,907 $38,097 $14,843 $23,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10547735

Real Estate Board of New York (REBNY)

APN: 05180-0001