NOT LISTED FOR SALE

Estimated Value: $1,077,000 - $1,399,000

2 Beds
2 Baths
927 Sq Ft
$625/mo HOA Fee

Last Sold September 21, 2022

Last sale price $1,135,000 $1,224 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,258/month

47 Days on Market

Highlights

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

About This Home

As of September 2022

Down a tree lined block between Flatbush and Vanderbilt Ave is a two bedroom, two bath floor-through condo with covered parking available and a tax abatement.

Tucked away from the street and ready for a move-in, 2B begins with its large Great Room, open kitchen and dining alcove. West facing windows overlook vibrant backyards and brings in the afternoon sun. On your way to the bedrooms you will pass the Washer/Dryer and 2nd bathroom. To the right, a corner bedroom provides southern and western light and could be used as on office, nursery or inspiration room. The primary suite is quiet and spacious. It has an ensuite bathroom with walk-in shower and plenty of linen space. A large covered parking spot in the garage is available for the purchase to the new owner of this lovely apartment.

222 Park Place is in prime Prospect Heights and adjacent to so many other destinations like Prospect Park, the Brooklyn Library and Brooklyn Museum. Transportation is abundant with the nearby B/Q and 2/3 trains. Amazing restaurants abound and the premier Green Market gathers at nearby Grand Army Plaza year-round. This elevator condominmium is pet friendly and the tax abatement lasts through 2030.

Last Agent to Sell the Property

Grant Braswell

Compass License #10301213920 Listed on: 05/16/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48

Year Built

  • Built in 2004

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 927 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 1164

Community Details

Overview

  • Prospect Heights Subdivision

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$48

Year Built

Built in 2004

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Cross Street: Vanderbilt Avenue/Carlton Avenue
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 927.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 625.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2004

Tax Info

  • Tax Block: 1164
  • Tax Lot: 7502
  • Tax Annual: 48.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Sep 21, 2022
Sold by
Peck Joseph Carl and Peck Leslie Karen
Bought by
Sin Wong Alice Ngar and Sin Wong Wakabayashi
Seller's Agent
Grant Braswell
Compass
List Price
$1,295,000
Sold Price
$1,135,000
Premium/Discount to List
-$160,000
-12.36%
Views
2
Current Estimated Value
$1,250,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,333
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Jan 9, 2012
Sold by
Peck Lillian
Bought by
Peck Joseph Carl and Peck Leslie Karen

Purchase Details

Closed on
Jan 26, 2005
Sold by
222-224 Park Place Realty Llc
Bought by
Pecker Jack and Pecker Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
5.83%
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
Sin Wong Alice Ngar $1,200,000 --
Sin Wong Alice Ngar $1,200,000 --
Peck Joseph Carl $400,000 --
Peck Joseph Carl $400,000 --
Peck Joseph Carl $400,000 --
Peck Joseph Carl $400,000 --
Pecker Jack $530,128 --
Pecker Jack $530,128 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pecker Jack $416,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $1,135,000 0.0% $1,224 / Sq Ft
09/01/2022 09/01/22 Price Changed $1,135,000 -9.2% $1,224 / Sq Ft
07/05/2022 07/05/22 Price Changed $1,250,000 +10.1% $1,348 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $1,135,000 -9.2% $1,224 / Sq Ft
06/06/2022 06/06/22 Price Changed $1,250,000 +10.1% $1,348 / Sq Ft
06/03/2022 06/03/22 Price Changed $1,135,000 -2.6% $1,224 / Sq Ft
05/19/2022 05/19/22 Price Changed $1,165,000 -10.0% $1,257 / Sq Ft
05/16/2022 05/16/22 Price Changed $1,295,000 0.0% $1,397 / Sq Ft
05/16/2022 05/16/22 For Sale $1,295,000 +14.1% $1,397 / Sq Ft
05/15/2022 05/15/22 Off Market $1,135,000 -- --
05/14/2022 05/14/22 For Sale $1,150,000 -- $1,241 / 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 $48 $110,416 $12,664 $97,752
2024 $48 $115,143 $12,664 $102,479
2023 $47 $110,489 $12,664 $97,825
2022 $47 $106,889 $12,664 $94,225
2021 $47 $97,073 $12,664 $84,409
2020 $48 $107,275 $12,664 $94,611
2019 $48 $103,946 $12,664 $91,282
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10797213

Real Estate Board of New York (REBNY)

APN: 01164-1105