NOT LISTED FOR SALE

Estimated Value: $1,594,000 - $1,886,000

3 Beds
2 Baths
1,564 Sq Ft
$832/mo HOA Fee

Last Sold September 29, 2022

Last sale price $1,535,000 $981 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,541/month

76 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to Prospect Avenue (D,M,N,R Line)
  • Terrace
  • P.S. 124 Silas B Dutcher Rated A-
  • Pre War Building
  • West Facing Home

About This Home

As of September 2022

LOFT CONDO WITH HUGE TERRACE! Tucked away on 15th St, this stunning 1,560 sq ft home will take your breath away with its soaring 18' ceiling and wall of windows. This stunning two bedroom plus office has plenty of wow factor, and has many fantastic features that make for a very comfortable home. In addition to the incredible living/dining area that measures a 19' x 19,' there is a 860 sq ft terrace right off the living room. With room to grill, dine, garden - the terrace is bigger than most two bedroom apartments! Whether you like to entertain, or just want room to spread out and relax, this place is for you. The pristine kitchen has great cabinet space, Frigidaire appliances, and a peninsula breakfast bar. Also on this floor is a spacious entryway that has a large coat closet, room for strollers and bikes, and even a storage cubby. Add to all of this a full bath, vented laundry room, utility room, and an 8' x 11' office. Upstairs, there is the primary bedroom that easily accommodates a king size bed and has two large closets, and a second bedroom and full bath. Throughout the home are split system units for A/C, skylights, and gorgeous maple flooring. The building is a former factory built in 1925, and converted to condos in 2003. The neighborhood has so much to offer - two gyms to choose from, and an excellent selection of cool bars and restaurants. Trains are just a few blocks away, a Citibike station is around the corner, and Prospect Park is a comfortable stroll. This is an elevator building, and pets are welcome!

Last Agent to Sell the Property

Teri Cavanaugh

Corcoran Group License #10301215524 Listed on: 05/10/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,896

Year Built

  • Built in 1925 | Newly Remodeled

HOA Fees

  • $832 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,564 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • West Facing Home

Community Details

  • 18 Units
  • Park Slope Southwes Condos

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,896

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

HOA Fees

$832 per month

Listing Details

  • Cross Street: 4 AVENUE and 5 AVENUE
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1564.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 832.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: PARK SLOPE SOUTHWES
  • Units: 18
  • Total Stories: 4
  • Year Built: 1925

Tax Info

  • Tax Block: NA
  • Tax Annual: 13896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Sep 29, 2022
Sold by
Mcphail Stephanie and Mcphail William
Bought by
Cheng Reonda Y and Yuan Shi Gang
Seller's Agent
Teri Cavanaugh
Corcoran Group
List Price
$1,695,000
Sold Price
$1,535,000
Premium/Discount to List
-$160,000
-9.44%
Total Days on Market
76
Views
5
Current Estimated Value
$1,728,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,327
Original Mortgage
$1,228,000
Outstanding Balance
$1,180,647
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2008
Sold by
Prudential Relocation Inc
Bought by
Mcphail Stephanie and Mcphail William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Gto Holding Llc
Bought by
Diamond Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,000
Interest Rate
6.22%
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
Cheng Reonda Y $1,535,000 --
Cheng Reonda Y $1,535,000 --
Mcphail Stephanie $882,000 --
Mcphail Stephanie $882,000 --
Prudential Relocation Inc $882,000 --
Diamond Jeremy $603,750 --
Diamond Jeremy $603,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Reonda Y $1,228,000
Closed Cheng Reonda Y $1,228,000
Previous Owner Mcphail Stephanie $490,600
Previous Owner Mcphail Stephanie $533,612
Previous Owner Mcphail Stephanie L $13,344
Previous Owner Mcphail Stephanie $19,411
Previous Owner Prudential Relocation Inc $609,000
Previous Owner Diamond Jeremy $471,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $1,535,000 -5.5% $981 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $1,625,000 -4.1% $1,039 / Sq Ft
05/10/2022 05/10/22 For Sale $1,695,000 -- $1,084 / 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 $15,500 $145,463 $20,028 $125,435
2024 $15,500 $138,514 $20,028 $118,486
2023 $14,856 $131,175 $20,028 $111,147
2022 $13,899 $127,559 $20,028 $107,531
2021 $11,155 $105,258 $20,028 $85,230
2020 $4,480 $117,419 $20,028 $97,391
2019 $7,240 $112,739 $20,028 $92,711
2018 $5,302 $105,046 $20,028 $85,018
2017 $3,799 $101,961 $20,028 $81,933
2016 $2,867 $97,743 $20,028 $77,715
2015 -- $83,526 $20,028 $63,498
2014 -- $83,529 $20,028 $63,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10799014

Real Estate Board of New York (REBNY)

APN: 01041-1015