NOT LISTED FOR SALE

Estimated Value: $2,142,000 - $2,595,000

-- Bed
-- Bath
3,288 Sq Ft
$700/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $2,195,000 $668 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,790/month

8 Days on Market

About This Home

As of April 2021

Perched on a rare corner lot and boasting a private 2-car garage and clocking in at nearly 3,300 square feet, this meticulously-kept 1915 limestone offers the perfect combination of timeless elegance and modern convenience. The first floor offers a gracious living room with bay windows and coat closet; grand formal dining room with beamed ceilings; modern stainless steel kitchen with separate breakfast room and built-in bookshelves; new powder room; and mud room that leads to your sprawling backyard, perfect for entertaining large groups and quiet evenings with a good book alike.

Trot upstairs to find four bedrooms (including a master with brand-new en-suite bathroom with heated floors), two full bathrooms and a corner office that's a dream come true for working from home. Gorgeous hardwood floors throughout. The light and airiness at 287 East 5th Street is on a totally different level than your average house!

Downstairs, the basement has been completely remodeled, offering a second (windowed) home office, workshop, sitting area and proper laundry room. Custom upgrades over the past few years include renovation of the exterior masonry; the aforementioned new master bath and powder room on the parlor floor; and revamping of the under-stoop area and the entrance. Energy efficient solar panels allow the owner to enjoy an annual tax credit of $1,045 (reflected in the listing RET) while keeping electricity bills remarkably low. Parking, endless sun, easy proximity to Prospect Park and the Prospect Expressway; what more could you want from your home? Contact us today to arrange a private showing!

Last Agent to Sell the Property

Gabriel Leibowitz

Douglas Elliman Real Estate License #10301211853 Listed on: 02/16/2021

Douglas Elliman Real Estate

Co-Listed By

Kira Forman

Douglas Elliman Real Estate License #10301212585

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Community Details

  • Kensingt Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 5338

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Albermarle Road
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: KENSINGT
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1915

Tax Info

  • Tax Block: 5338
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 28, 2021
Sold by
Morizet Julie and Peyre Florent
Bought by
Dargan-Levy Shirley
Seller's Agent
Gabriel Leibowitz
Douglas Elliman Real Estate
List Price
$2,195,000
Sold Price
$2,195,000
Current Estimated Value
$2,302,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,902
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Deluca Sally and Loeb William A
Bought by
Morizet Julie and Peyre Florent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,356,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2000
Sold by
Aponte Gloria Rafaela
Bought by
Loeb William A and Deluca Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dargan-Levy Shirley $2,220,000 --
Morizet Julie $1,695,000 --
Loeb William A $345,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morizet Julie $1,356,000
Previous Owner Loeb William A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $2,195,000 0.0% $668 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $2,195,000 -- $668 / 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 $8,688 $128,820 $33,000 $95,820
2024 $8,688 $101,760 $33,000 $68,760
2023 $8,288 $118,260 $33,000 $85,260
2022 $8,146 $129,600 $33,000 $96,600
2021 $8,523 $100,080 $33,000 $67,080
2020 $3,474 $104,220 $33,000 $71,220
2019 $6,494 $101,340 $33,000 $68,340
2018 $6,932 $34,006 $12,297 $21,709
2017 $6,632 $34,006 $14,566 $19,440
2016 $6,437 $33,748 $15,837 $17,911
2015 $3,650 $31,839 $21,760 $10,079
2014 $3,650 $30,038 $24,406 $5,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10701995

Real Estate Board of New York (REBNY)

APN: 05338-0001