NOT LISTED FOR SALE

255 1st St Unit 8C Brooklyn, NY 11215

Park Slope Neighborhood

Estimated Value: $1,034,000 - $1,290,000

1 Bed
1 Bath
946 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold August 22, 2021

Last sale price $950,000 $1,004 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,856/month

About This Home

As of August 2021

With nearly 1000 sf, two private terraces and oversized wraparound windows, this is not your typical Park Slope one bedroom apartment. Light pours through the north- and south-eastern exposures with endless views. Blonde wood floors throughout reflect the light back up, so none gets lost. The open layout kitchen with stainless steel Bosch appliances and Caesarstone countertops will have you cooking up a storm if you're dining in, or, now that spring has sprung, venturing out to all the restaurants and cafes that Park Slope is renowned for..

The bedroom can fit a king sized bed and there is an en suite walk-in closet the size of a small office. An in-unit washer/dryer makes this a tough one to resist.

A large keyed, deeded private storage room in the basement is included in the purchase price.

This unit has remarkably low common charges of $535/month and a tax abatement in place until 2035-- so zero taxes until then. (An assessment is currently in place of $535/month through Sept 2021).

Part time doorman. Pet friendly. Shown by appointment- why not schedule yours?

NOTE: VIRTUALLY STAGED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Aug 20, 2021
Sold by
Wolberg James
Bought by
Wang Fiona and Zhang Rongxiao
Seller's Agent
Shari Sperling
Compass
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$1,154,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,895
Avg. Annual Appreciation
4.98%
Original Mortgage
$760,000
Outstanding Balance
$693,559
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,130

Purchase Details

Closed on
Sep 13, 2016
Sold by
261 1St Condo Associates Llc
Bought by
Wolberg James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,200
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Wang Fiona $950,000 --
Wolberg James $932,432 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Fiona $760,000
Previous Owner Wolberg James $31,000
Previous Owner Wolberg James $739,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2021 08/22/21 Sold $950,000 0.0% $1,004 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $950,000 -- $1,004 / Sq Ft

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 $351 $100,698 $5,852 $94,846
2024 $351 $93,945 $5,852 $88,093
2023 $351 $88,376 $5,852 $82,524
2022 $343 $79,067 $5,852 $73,215
2021 $344 $56,214 $5,852 $50,362
2020 $258 $65,860 $5,852 $60,008
2019 $354 $64,873 $5,852 $59,021
2018 $357 $59,062 $5,852 $53,210
2017 $357 $57,454 $5,852 $51,602
2016 $362 $53,825 $5,852 $47,973
2015 $283 $42,077 $5,852 $36,225
2014 $283 $38,919 $5,852 $33,067
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shari Sperling

    Compass

    (718) 613-2086

    1 in this area

    1 Total Sale

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Map

New York Kings County Brooklyn 11215 Park Slope

255 1st St Unit 8C, Brooklyn, NY

This home is located at 255 1st St Unit 8C, Brooklyn, NY 11215 and is currently estimated at $1,143,623, approximately $1,208 per square foot. 255 1st St Unit 8C is a home located in Kings County with nearby schools including Al-Madinah School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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