NOT LISTED FOR SALE

Estimated Value: $2,555,000 - $3,710,717

3 Beds
3 Baths
2,430 Sq Ft
$1,279/Sq Ft Est. Value

Sale Details

Date Sold: September 7, 2018

Last sale price $1,899,000 $781 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $17,369 / mo

44 Days on Market

About This Home

As of September 2018

223 Prospect Avenue is an oasis in the South Slope. The current owners have meticulously renovated the house from top to bottom, entry to backyard! This two-family brick home has massive curb appeal measuring 2,430 square feet on the inside, 1,300 square feet on the outside with an additional 700 feet in the cellar. Laid out as an owners duplex with large backyard and top floor rental unit. Garden: Thoughtfully laid out with two large bedrooms, two fully renovated baths and bonus media room with built-ins. Australian Cypress wood floors throughoutParlour: Living, dining, chefs kitchen with Sub Zero/Viking/Bosh, marble countertops, wine fridge featuring original tin ceiling and woodwork and extra half-bath!2nd fl. Rental Unit: Floor-through one bedroom plus home office with updated kitchen, large living room, renovated bathroom and washer/dryer!The house was made for comfortable living with two wood burning fireplaces, Marvin windows & doors, split AC system, smart home technology with Nest and August lock, wired for UniFi wireless. Lot size: 16.25 x 129Unused FAR: 1,641Neighborhood:223 Prospect Avenue is situated between Park Slope, Gowanus and Greenwood Heights, between 5th and 4th Avenues. The Prospect Ave R station is half a block away, and seven blocks from the F/G/R at 4th Ave-9th Street. Local restaurants include: Athena, Barrel & Fare, Giovannis, Jakes, Korzo, Nostro, and Table 87FIRST OPEN HOUSE JUNE 28 FROM 6-7pm

Last Agent to Sell the Property

Danielle Nazinitsky

Decode Real Estate License #10401266823 Listed on: 06/24/2018

Decode Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Tax Block 1052

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 3

Building Info

  • Units: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 1052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2018
Closed on
Sep 7, 2018
Sold by
Nichols Andrew and Tiffin Angela
Bought by
Sandeep Jain And Sapana Shah Trust and Sandeep Jain As Trustee
Seller's Agent
Danielle Nazinitsky
Decode Real Estate
List Price
$1,899,000
Sold Price
$1,899,000
Current Estimated Value
$3,107,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,208,679
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
May 10, 2012
Sold by
Catherine Sarno Executrix and Catherine Sarno Executrix
Bought by
Nichols Andrew and Tiffin Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,325
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sandeep Jain And Sapana Shah Trust $1,899,000 --
Sandeep Jain And Sapana Shah Trust $1,899,000 --
Sandeep Jain And Sapana Shah Trust $1,899,000 --
Nichols Andrew $855,000 --
Nichols Andrew $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Andrew $833,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $1,899,000 0.0% $781 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
06/24/2018 06/24/18 For Sale $1,899,000 -- $781 / Sq Ft
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 $9,348 $186,900 $27,540 $159,360
2024 $9,348 $178,680 $27,540 $151,140
2023 $6,979 $157,920 $27,540 $130,380
2022 $6,490 $141,060 $27,540 $113,520
2021 $9,055 $131,160 $27,540 $103,620
2020 $4,347 $132,720 $27,540 $105,180
2019 $5,221 $118,500 $27,540 $90,960
2018 $5,039 $24,721 $5,492 $19,229
2017 $4,759 $23,347 $6,375 $16,972
2016 $4,405 $22,034 $7,334 $14,700
2015 $889 $20,800 $7,732 $13,068
2014 $889 $20,800 $7,582 $13,218
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10438491

Real Estate Board of New York (REBNY)

APN: 01052-0064

Your Personal Tour Guide

Ask me questions while you tour the home.