NOT LISTED FOR SALE

261 Prospect Park W Unit 1L Brooklyn, NY 11215

Windsor Terrace Neighborhood

Estimated Value: $877,058 - $942,000

1 Bed
1 Bath
-- Sq Ft
$305/mo HOA Fee

Last Sold February 10, 2023

Last sale price $730,000

Est. 25% increase in value since last sale

Current estimated payment $5,717/month

15 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 15 Street-Prospect Park
  • Garden
  • P.S. 154 The Windsor Terrace School Rated A
  • Intercom

About This Home

As of February 2023

Fantastic opportunity in prime Windsor Terrace! This over-sized one bed, one bath condo offers quiet serenity along with tons of space, great location, a private garden and extremely low carrying charges! Entering through a welcoming foyer, a short hall leads to a substantial living & dining room with 10' ceilings, exposed brick and plenty of space to entertain or WFH - or build out an actual home office or nursery. The well laid-out windowed kitchen opens off the living room and features granite countertops, wooden cabinets, stone backsplash, stainless steel appliances and plenty of room for multiple cooks. Step out from the living room into your lovely private garden for a relaxing morning cup of coffee or evening meal. The large bedroom offers room for a queen-size bed and more, exposed brick, built-in cabinets and large closet offering tons of storage. A washer/dryer, multiple exposures, hardwood floors throughout in a charming small condo complete the perfect picture! Just minutes to Prospect Park, the subway and Green Market and easy access to all the conveniences, shopping and restaurants Windsor Terrace and Park Slope are famous for!

Last Agent to Sell the Property

Jamie Heinlein

Compass License #10301211802 Listed on: 11/02/2022

Compass

Co-Listed By

Matthew Pucker

Compass License #10301208042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1930

Lot Details

  • Garden

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • Windsor Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 7502 / 871

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,880

Year Built

Built in 1930

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Cross Street: Prospect Avenue/17th Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Windsor Terrace
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

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

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 305.0
  • 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: 1930

Tax Info

  • Tax Block: 871
  • Tax Lot: 7502
  • Tax Annual: 5880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Feb 1, 2023
Sold by
Dario Vivona As Trustee
Bought by
Shure Gary M and Shure Kathleen
Seller's Agent
Jamie Heinlein
Compass
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
10
Current Estimated Value
$910,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,515
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Jun 9, 2021
Sold by
Vivona Dario
Bought by
Iannacone Trustee Joseph O and Vivona Iannacone Living Trust

Purchase Details

Closed on
Dec 28, 2011
Sold by
Noh Solomon J
Bought by
Vivona Dario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2005
Sold by
Simpson
Bought by
Noh Solomon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,800
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2003
Sold by
Thompson Gary H
Bought by
Rogers Shannon A and Simpson Aaron P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1999
Sold by
Webster Patricia
Bought by
Thompson Gary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.87%
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
Shure Gary M $730,000 --
Iannacone Trustee Joseph O -- --
Vivona Dario $490,000 --
Noh Solomon J $476,000 --
Rogers Shannon A $285,000 --
Thompson Gary H $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vivona Dario $367,500
Previous Owner Noh Solomon J $380,800
Previous Owner Rogers Shannon A $228,000
Previous Owner Thompson Gary H $139,000
Closed Rogers Shannon A $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $730,000 -2.7% --
11/19/2022 11/19/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $750,000 -- --
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 $7,011 $162,239 $4,320 $157,919
2024 $7,011 $135,209 $4,320 $130,889
2023 $4,765 $169,011 $4,320 $164,691
2022 $4,183 $166,078 $4,320 $161,758
2021 $3,718 $184,958 $4,320 $180,638
2020 $1,826 $179,572 $4,320 $175,252
2019 $3,701 $149,630 $4,320 $145,310
2018 $4,785 $39,945 $1,384 $38,561
2017 $4,485 $36,987 $1,489 $35,498
2016 $4,111 $34,248 $1,719 $32,529
2015 $2,365 $34,248 $2,062 $32,186
2014 $2,365 $33,185 $2,021 $31,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10845407

Real Estate Board of New York (REBNY)

APN: 00871-1101