NOT LISTED FOR SALE

Estimated Value: $3,421,000 - $3,672,000

8 Beds
3.5 Baths
4,787 Sq Ft
$739/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $3,600,000 $752 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $19,413/month

14 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to Beverley Road (Q Line)
  • Patio
  • Ditmas Junior High school Rated A-
  • Building Patio
  • Laundry Facilities

About This Home

As of July 2023

Luxurious landmark living awaits in this breathtaking eight-bedroom, three-and-a-half-bathroom residence offering the perfect marriage of original detail and modern convenience, with a two-car garage and a fenced yard on one of the largest lots in Prospect Park South.
Spanning 5,900 square feet across three levels and a basement, this expansive showplace offers a timeless layout perfect for lavish entertaining and refined daily life. Magnificent millwork makes a dramatic impression, from the inlaid hardwood floors and tall wainscoting to the ornate fretwork and coffered ceilings. A classic double vestibule ushers you into an elegant foyer finished with double crown molding and a ceiling medallion. To the right, a family room with a charming bay window seat leads to a sprawling living room filled with bright windows and ceiling fans. To the left of the foyer, pocket doors reveal an exquisite sitting room with a fireplace and an exceptionally grand dining room featuring chic contemporary lighting and a cozy alcove perfect for after-dinner drinks. A butler's pantry leads from the dining room to the magazine-worthy kitchen, where soft-close custom cabinetry is topped with beautiful gray granite and arabesque tile backsplashes. Chefs will love the fleet of upscale stainless steel appliances, including a vented six-burner Wolf cooktop, plus two wall ovens and two dishwashers by Bosch. Two sinks with garbage disposals make cooking and cleaning a breeze, while in-ceiling speakers set just the right mood. A gorgeous powder room and convenient mudroom complete the well-planned main level.
The majestic central staircase wrapped in stained glass windows invites you to the second floor, where the primary suite boasts bay windows and an en suite bathroom with a marble double vanity and an oversized rain shower wrapped in sea blue mosaic tile. Two spacious and bright secondary bedrooms enjoy walk-in closets and easy access to a hall bath with a double vanity and a soaking tub/shower. An oversized laundry room with storage adds convenience to the second floor. On the top level, four more bedrooms provide an ideal destination for a home office, gym, craft and guest rooms alongside a third beautifully appointed full bathroom.
You'll feel transported far away from the city on the home's leafy grounds. Sway among towering trees and flowering plants on the wraparound porch's romantic swing, or head to the rear yard for al fresco dining on spacious patios surrounded by lush lawns and manicured hedges. This meticulously maintained home's extensive upgrades include a new roof, windows and siding; an updated porch, driveway and backyard; and a smart irrigation system. Six-zone heating, radiant heat flooring, mini-split HVAC units and in-wall air-conditioners ensure year-round comfort, while CAT 6 ethernet wiring and 200-amp electrical attend to all your devices and smart home needs.

Last Agent to Sell the Property

Jessica Hirsch

Compass License #10401245511 Listed on: 05/18/2023

Compass

Co-Listed By

Lia Wiedemann

Compass License #10401237779

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 8,015

Home Design

  • Pre War Building

Interior Spaces

  • 4,787 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • Patio
  • Lot Dimensions are 80.0 x 100.0

Listing and Financial Details

  • Legal Lot and Block 41 / 5117

Community Details

Overview

  • Flatbush Subdivision

Amenities

  • Building Patio
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Cross Street: Albemarle Road/Beverley Road
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 4787.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 8

Exterior Features

  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 80.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 5117
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Sep 8, 2023
Sold by
Hutchinson Kenneth and Hutchinson Marygrace
Bought by
Chun Jai Nam and Lee Kathie Jung
Seller's Agent
Jessica Hirsch
Compass
List Price
$3,600,000
Sold Price
$3,600,000
Views
235
Current Estimated Value
$3,539,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,499
Avg. Annual Appreciation
-0.66%
Original Mortgage
$1,000,000
Outstanding Balance
$977,568
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,561,933

Purchase Details

Closed on
May 23, 2011
Sold by
Millus Rosemary A
Bought by
Hutchinson Kenneth and Hutchinson Marygrace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 1999
Sold by
Millus Albert J
Bought by
Millus Rosemary A

Purchase Details

Closed on
Jun 18, 1996
Sold by
Millus Rosemary A
Bought by
Millus Albert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chun Jai Nam $3,410,000 --
Chun Jai Nam $3,410,000 --
Chun Jai Nam $3,410,000 --
Hutchinson Kenneth $1,250,000 --
Hutchinson Kenneth $1,250,000 --
Millus Rosemary A -- Chicago Title Insurance Co
Millus Rosemary A -- Chicago Title Insurance Co
Millus Albert J -- --
Millus Albert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Jai Nam $1,000,000
Closed Chun Jai Nam $1,000,000
Previous Owner Hutchinson Kenneth $729,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $3,600,000 0.0% $752 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $3,600,000 0.0% $752 / Sq Ft
05/19/2023 05/19/23 Off Market $3,600,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $14,150 $274,920 $43,380 $231,540
2024 $14,150 $217,140 $43,380 $173,760
2023 $13,498 $191,400 $43,380 $148,020
2022 $12,518 $168,240 $43,380 $124,860
2021 $13,196 $173,580 $43,380 $130,200
2020 $6,510 $201,180 $43,380 $157,800
2019 $11,989 $161,880 $43,380 $118,500
2018 $10,993 $55,387 $16,445 $38,942
2017 $10,352 $52,254 $15,670 $36,584
2016 $10,136 $52,254 $16,426 $35,828
2015 $5,507 $51,859 $22,364 $29,495
2014 $5,507 $48,925 $24,417 $24,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10869638

Real Estate Board of New York (REBNY)

APN: 05117-0041

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