NOT LISTED FOR SALE

Estimated Value: $1,343,000 - $2,501,790

5 Beds
3.5 Baths
3,024 Sq Ft
$610/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $1,660,000 $549 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,808/month

286 Days on Market

Highlights

  • Pre War Building
  • Wood Burning Fireplace
  • 5-minute walk to Brower Park

About This Home

As of May 2021

231 Albany Avenue was originally constructed in 1901. This newly renovated home offers both high-end finishes and classic details as well as modern technology.

231 Albany is a two-family townhouse that features 5 bedrooms, 3 full bathrooms, 1 powder room, a large parlor deck, as well as a private backyard for the garden unit. From American Walnut floors to thoughtfully designed molding, attention to detail can be found throughout this well-appointed home.

As you enter the owner's three-bedroom duplex, you are greeted by a large parlor adorned by a beautiful arched window. You realize the breadth of space as the 10.5-foot ceilings let the light radiate throughout the open floor plan. To the left, a formal living room area with a wood-burning fireplace offers a great space for entertaining. In front of you a large dining area. Toward the back, your kitchen features a two-seat island, custom cabinetry, and floor to ceiling glass door looking out to the backyard. With a full complement of appliances including Viking refrigerator, Wolf six-burner stove, and in-island microwave, this kitchen is perfect for those home-cooked meals.

Upstairs you find three bedrooms and two full baths. The elegant master bedroom faces the serene backyard garden and features three windows and a double closet. The master bath is adorned with marble tiled floors, a tasteful double vanity, a glass-enclosed rain shower with bench. As you head down the hall, you pass the complementary second bathroom adjacent to two comfortable bedrooms.

The private basement has a separate entrance and is finished with textured tile floors and can easily be transformed into a home office or artist studio. The separate garden floor convertible three-bedroom unit can serve as an income-producing property or in-law apartment.

This masterfully reimagined townhouse is located on a tree-lined block in the heart of Crown Heights. In speaking with the neighbors they all love and take pride in their block. You are moments away from great establishments such as Bakerie, MEAT, Boeuf and Bun, and Basil Pizza & Wine Bar, as well as Brower Park and the Brooklyn Children's Museum. Nearby public transportation includes the 3 & 4/5 trains, and JFK is a short 20min drive.

Last Agent to Sell the Property

Tali Berzak

Compass License #10301209148 Listed on: 05/22/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,529

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 18.0 x 80.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 1370

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,529

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Park Place/Sterling Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3024.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 80.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1370
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
May 19, 2021
Sold by
U Bricks Llc
Bought by
Nichols Travis and Portuonda Karina Elise
Seller's Agent
Tali Berzak
Compass
List Price
$1,660,000
Sold Price
$1,660,000
Current Estimated Value
$1,844,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,198
Avg. Annual Appreciation
3.18%
Original Mortgage
$190,000
Outstanding Balance
$172,769
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,722,651

Purchase Details

Closed on
Aug 22, 2019
Sold by
Scott Julia and Scott Vernon
Bought by
U Bricks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1995
Sold by
Scott Beverly
Bought by
Scott Vernon and Scott Julia
Source: Public Records

Range of Values:

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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
Nichols Travis $1,660,000 --
Nichols Travis $1,660,000 --
U Bricks Llc $775,000 --
U Bricks Llc $775,000 --
Scott Vernon $163,000 --
Scott Vernon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Travis $190,000
Closed Nichols Travis $190,000
Previous Owner U Bricks Llc $880,000
Previous Owner U Bricks Llc $175,000
Previous Owner Scott Julia $661,500
Previous Owner Scott Julia $572,000
Previous Owner Scott Julia $485,000
Previous Owner Scott Julia $408,000
Previous Owner Scott Vernon $269,500
Previous Owner Scott Vernon $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $1,660,000 0.0% $549 / Sq Ft
05/22/2020 05/22/20 For Sale $1,660,000 -- $549 / 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 $8,529 $137,460 $16,500 $120,960
2024 $8,529 $108,600 $16,500 $92,100
2023 $8,450 $112,680 $16,500 $96,180
2022 $6,131 $102,180 $16,500 $85,680
2021 $4,422 $58,440 $16,500 $41,940
2020 $3,317 $53,880 $16,500 $37,380
2019 $4,147 $43,440 $16,500 $26,940
2018 $3,895 $19,108 $10,509 $8,599
2017 $3,783 $18,559 $8,232 $10,327
2016 $3,500 $17,510 $8,189 $9,321
2015 $1,892 $16,520 $10,017 $6,503
2014 $1,892 $16,520 $12,025 $4,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10633325

Real Estate Board of New York (REBNY)

APN: 01370-0012