NOT LISTED FOR SALE

Estimated Value: $1,840,000 - $2,166,197

2 Beds
2 Baths
1,794 Sq Ft
$1,260/mo HOA Fee

Last Sold March 30, 2021

Last sale price $1,595,000 $889 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,753/month

384 Days on Market

Highlights

  • Garden
  • 2-minute walk to 7 Avenue (B,Q Line)
  • Garage
  • P.S. 9 The Sarah Smith Garnet School Rated A

About This Home

As of March 2021

Fabulous duplex on one of the most desirable streets in Prospect Heights. This spacious modern jewel has over 500 sq ft of private outdoor space. Private deeded indoor parking available at an additional cost.

Generously proportioned and beautifully designed, the home is perfect for entertaining, with a first-floor living/dining room with fireplace, sleek chef's kitchen with high-end tile, cabinetry and stainless steel appliances, large bedroom and contemporary full bath. A terrace provides a peaceful outdoor oasis, with stairs leading down to the lush backyard garden. Wood stairs descend to the ground floor featuring sleeping areas, an elegant full bath, abundant closets, and a convenient washer-dryer. Enjoy relaxing, gardening, and hosting guests out in the wonderful private rear yard.



222 Park Place is a boutique elevator condominium set on a gorgeous treed brownstone block. The location is exceptional, near excellent restaurants, cafes and shops, Prospect Park, the Brooklyn Botanical Garden, Brooklyn Museum, Brooklyn Library, Barclays Center, BAM and much more. Less than one block is the express B/Q train stop at 7th Avenue, and within a few blocks are the 2/3 trains. Plus a 25 year tax abatement in place, keeps monthly costs low!

Last Agent to Sell the Property

Aran Scott

Douglas Elliman Real Estate License #40SC1156403 Listed on: 01/08/2020

Douglas Elliman Real Estate

Co-Listed By

Peter Perez

Douglas Elliman Real Estate License #10401260855

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $85

Year Built

  • Built in 2004

HOA Fees

  • $1,260 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,794 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • No Cooling

Community Details

  • 14 Units
  • Park Place Towers Condos
  • Proshei Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$85

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,260 per month

Listing Details

  • Cross Street: Flatbush/Vanderbilt
  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: PROSHEI
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1794.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1260.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Park Place Towers
  • Units: 14
  • Total Stories: 4
  • Year Built: 2004

Tax Info

  • Tax Block: 0
  • Tax Annual: 84.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Mar 29, 2021
Sold by
Arias Elizabeth and Brodsky Vadem
Bought by
Chan Jeffrey Ryan and Chang Ashley Wei-Jiun
Seller's Agent
Aran Scott
Douglas Elliman Real Estate
List Price
$1,795,000
Sold Price
$1,595,000
Premium/Discount to List
-$200,000
-11.14%
Current Estimated Value
$1,977,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,799
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Bnonski Vodm
Bought by
Arrias Eiiizabeth and Bnonski Vodm

Purchase Details

Closed on
May 17, 2005
Sold by
222-224 Park Place Realty Llc
Bought by
222 Park Place 1B Corp
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
Chan Jeffrey Ryan $1,555,222 --
Chan Jeffrey Ryan $1,555,222 --
Arrias Eiiizabeth -- --
Arrias Eiiizabeth -- --
222 Park Place 1B Corp $499,900 --
222 Park Place 1B Corp $499,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $1,595,000 -11.1% $889 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/10/2020 01/10/20 For Sale $1,795,000 0.0% $1,001 / Sq Ft
03/17/2019 03/17/19 For Rent $5,500 0.0% --
03/17/2019 03/17/19 Rented -- -- --
07/24/2018 07/24/18 For Rent $5,500 -- --
07/24/2018 07/24/18 Rented -- -- --
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 $85 $195,803 $22,464 $173,339
2024 $85 $204,186 $22,464 $181,722
2023 $83 $195,931 $22,464 $173,467
2022 $62 $189,549 $22,464 $167,085
2021 $83 $172,143 $22,464 $149,679
2020 $64 $190,233 $22,464 $167,769
2019 $86 $184,331 $22,464 $161,867
2018 $86 $163,118 $22,464 $140,654
2017 $86 $153,068 $22,464 $130,604
2016 $87 $144,257 $22,464 $121,793
2015 $68 $112,823 $22,464 $90,359
2014 $68 $108,246 $22,463 $85,783
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10609800

Real Estate Board of New York (REBNY)

APN: 01164-1102