NOT LISTED FOR SALE

303 E 5th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,928,000 - $2,154,982

4 Beds
2 Baths
2,518 Sq Ft
$807/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $1,810,000 $719 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,367/month

11 Days on Market

About This Home

As of June 2022

Prime Kensington Limestone with parking!
Lovingly maintained two family currently used as a single family is awaiting your modern touches. Amazing bones to work with as several original details have been kept and cared for. Parquet floors throughout are in excellent condition. Light pours into the living room with stained glass windows and a western exposure while the dining area is graced with an eastern exposure, additional stain glass windows, coffered ceilings, paneled wood walls and the original built-ins. Around the corner, the kitchen( circa 2004) has three windows. Expand on this footprint by building an extension or opening the kitchen are to the back entrance. The eastern facing garden featured old growth hydrangeas and roses. The basement has a full and updated bathroom and plenty of storage. Renovated this space for additional living square footage. The second floor has a large skylight in the hallway, a full bath and four generous bedrooms. Close to shopping, dining, transportation and cafes on Church Avenue and close to Windsor Terrace, this residence offers easy, convenient city living on a very neighborly block. An opportunity not to be missed!

Last Agent to Sell the Property

Rebekah Carver

Douglas Elliman Real Estate License #10301214883 Listed on: 04/01/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

Interior Spaces

  • 2,518 Sq Ft Home
  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Kensington Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Kensington
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2518.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 16, 2022
Sold by
The Michael A Montero Revocable Living
Bought by
Jakisa Stephen and Lau Katharine
Seller's Agent
Rebekah Carver
Douglas Elliman Real Estate
List Price
$1,700,000
Sold Price
$1,810,000
Premium/Discount to List
$110,000
6.47%
Current Estimated Value
$2,032,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,246
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,428,000
Outstanding Balance
$1,358,511
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$673,735

Purchase Details

Closed on
Dec 3, 2014
Sold by
Montero Michael A
Bought by
Michael A Montero Revocable Living Trus and Michael A Montero, Trustee

Purchase Details

Closed on
Jan 22, 2002
Sold by
Montero Patricia A
Bought by
Montero Michael A and Montero Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,888
Interest Rate
7.01%

Purchase Details

Closed on
May 5, 1999
Sold by
Montero Patricia
Bought by
Montero Patricia A and Montero Olivia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
7.5%
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
Jakisa Stephen $1,810,000 --
Michael A Montero Revocable Living Trus -- --
Montero Michael A -- --
Montero Patricia A $74,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jakisa Stephen $1,428,000
Previous Owner Montero Michael A $28,888
Previous Owner Montero Patricia A $66,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $1,810,000 +6.5% $719 / Sq Ft
04/01/2022 04/01/22 For Sale $1,700,000 -- $675 / 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 $8,636 $128,880 $31,680 $97,200
2024 $8,636 $103,800 $31,680 $72,120
2023 $8,295 $109,320 $31,680 $77,640
2022 $7,209 $102,600 $31,680 $70,920
2021 $7,635 $99,480 $31,680 $67,800
2020 $6,386 $89,760 $31,680 $58,080
2019 $6,836 $99,240 $31,680 $67,560
2018 $6,280 $34,038 $12,234 $21,804
2017 $6,049 $32,844 $13,138 $19,706
2016 $5,945 $32,844 $15,265 $17,579
2015 $3,517 $31,648 $21,159 $10,489
2014 $3,517 $29,859 $22,674 $7,185
Source: Public Records

Agents Affiliated with this Home

  • Rebekah Carver

    Seller's Agent in 2022

    Rebekah Carver

    Douglas Elliman Real Estate

    (646) 489-4446

    17 in this area

    61 Total Sales

    Rebekah Carver
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10778048

Real Estate Board of New York (REBNY)

APN: 05338-0043

New York Kings County Brooklyn 11218 Kensington

303 E 5th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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