NOT LISTED FOR SALE

Estimated Value: $1,684,000 - $2,345,110

Studio
-- Bath
3,288 Sq Ft
$635/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2021

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

Est. 5% decrease in value since last sale

Current estimated payment $12,027 / mo

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

2,004 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 28, 2021
Sold by
Bought by
Seller's Agent
Gabriel Leibowitz
Douglas Elliman Real Estate
List Price
$2,195,000
Sold Price
$2,195,000
Current Estimated Value
$2,088,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,222
Avg. Annual Appreciation
-0.96%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Bought by

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
Bought by

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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,220,000 --
$1,695,000 --
$345,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,356,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,209 $149,580 $33,000 $116,580
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10701995

Real Estate Board of New York (REBNY)

APN: 05338-0001

Your Personal Tour Guide

Ask me questions while you tour the home.