NOT LISTED FOR SALE

197 Spencer St Unit 3A Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $1,032,000 - $1,122,611

2 Beds
2 Baths
1,041 Sq Ft
2004 Built

Highlights

  • Rooftop Deck
  • Balcony
  • Central Air
  • City View

About This Home

As of June 2018

This two-bed two-bath condo on the cusp of Clinton Hill and Bed Stuy epitomizes downtown cool with its keyed elevator entry and exposed brick walls. Apartment 3A features an open-concept living and dining area with hardwood floors throughout and a large balcony overlooking tree-lined Spencer Street. The home also offers numerous modern amenities including central air conditioning, an in-unit washer & dryer, video intercom, virtual doorman, recessed lighting, and oversized windows. The master suite has a spacious walk-in closet and marble bath, and the second bedroom can easily fit a queen bed and more.

197 Spencer Street is boutique 18-Unit condominium located at the vibrant crossroads of Bed-Stuy and Clinton Hill. It is less than 2 blocks away from the Bedford-Nostrand G train stop, Pratt Institute, and is surrounded by a host of amazing restaurants, bars, and coffee shops, including Speedy Romeo, Peaches, Baron's, Dough, Clementine Bakery, Fancy Nancy, and more.

Last Agent to Rent the Property

Isabel Yerkes

Compass License #10401285779 Listed on: 05/03/2018

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19

Year Built

  • Built in 2004

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,041 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Property Available on 6/1/18
  • Legal Lot and Block 7503 / 1763

Community Details

Overview

  • Bedford Stuyvesant Subdivision
  • 9-Story Property

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Available Date: 2018-06-01

Listing Details

  • Cross Street: Willoughby Avenue/De Kalb Avenue
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1041.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 9
  • Year Built: 2004

Tax Info

  • Tax Block: 1763
  • Tax Lot: 7503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Klorman Edward M
Bought by
Summers Megan
Current Estimated Value
$1,058,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,800
Outstanding Balance
$706,461
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,443

Purchase Details

Closed on
Mar 10, 2016
Sold by
Collins Darlene
Bought by
Klorman Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2004
Sold by
189 Spencer Llc
Bought by
Collins Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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
Summers Megan $951,000 --
Klorman Edward M $750,000 --
Collins Darlene $390,390 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Megan $760,800
Previous Owner Klorman Edward M $525,000
Previous Owner Collins Darlene $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Rented -- -- --
05/12/2018 05/12/18 Under Contract -- -- --
05/03/2018 05/03/18 For Rent -- -- --
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 $19 $113,020 $3,118 $109,902
2024 $19 $109,253 $3,118 $106,135
2023 $18 $99,640 $3,118 $96,522
2022 $18 $96,781 $3,118 $93,663
2021 $18 $90,832 $3,118 $87,714
2020 $19 $102,030 $3,118 $98,912
2019 $19 $98,470 $3,118 $95,352
2018 $19 $96,859 $3,117 $93,742
2017 $19 $89,584 $3,117 $86,467
2016 $19 $93,845 $3,117 $90,728
2015 $15 $84,414 $3,117 $81,297
2014 $15 $80,647 $3,118 $77,529
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10152794

Real Estate Board of New York (REBNY)

APN: 01763-1205