NOT LISTED FOR SALE

Estimated Value: $1,933,962 - $2,444,000

5 Beds
5 Baths
3,200 Sq Ft
$655/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2015

Last sale price $1,800,000 $562 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,247 / mo

30 Days on Market

Highlights

  • Terrace
  • Garden
  • 4-minute walk to Hattie Carthan Playground

About This Home

As of March 2015

305 Putnam Avenue is an incredibly unique and grand townhouse in prime Bed Stuy which has been meticulously renovated with a modern classic sensibility. Offering approximately 3000 square feet of living space on four levels, this home is ideally configured with a gracious parlor floor, three bedrooms above including the stunning master suite, a garden level with two additional bedrooms and family room, and a finished, climate controlled cellar ideal for a screening room, gym, or office. The parlor floor is a huge open living/dining space plus a chef's kitchen with two original mantles and incredible light. The kitchen has custom shaker cabinetry, Bertazonni chef's range, zephyr hood, dishwasher, and French door fridge. There are magnificent honed sealed marble counter tops, a butcher block island and gorgeous subway tiled backspash. There is an exquisite jewel box marble mosaic half bath next to the kitchen. Off the kitchen, french doors lead you to a huge deck, ideal for entertaining with steps down to a lovely tiered back yard. The bathrooms are exquisite with beautiful honed marble tiling, spa like finishes, and Restoration Hardware vanities. The entire townhouse is brand new, including all plumbing, electrical and HVAC systems with zoned central heat and a/c on every floor. There are hardwood floors throughout and a beautifully crafted staircase of iron, wood and exposed brick connecting each story. Located on one of Bed Stuy's great blocks, your new home is right off of Nostrand Avenue a short walk to excellent shopping, dining, nightlife including neighborhood hotspots like Peaches, Ms. Dahlia's, Bedford Hall, and the A,C, LIRR transportation hub.

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 01/13/2015

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Lot Details

  • 2,004

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Terrace
  • Garden
  • Heating System Uses Natural Gas

Community Details

  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1823

Home Details

Home Type

Single Family

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Nostrand Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3200.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Terrace

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 1
  • Total Stories: 3

Tax Info

  • Tax Block: 1823

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2015
Closed on
Mar 16, 2015
Sold by
305 Putnam Avenue Llc
Bought by
Cullert Jennifer L and Cullert Patrick S
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$1,699,000
Sold Price
$1,800,000
Premium/Discount to List
$101,000
5.94%
Current Estimated Value
$2,196,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,095
Avg. Annual Appreciation
1.38%
Original Mortgage
$900,000
Outstanding Balance
$675,049
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,421,442

Purchase Details

Closed on
Oct 21, 2013
Sold by
Burke Maurice
Bought by
305 Putnam Avenue Llc

Purchase Details

Closed on
Oct 20, 2004
Sold by
Estate Of Donald Burke By Maurice Burke
Bought by
Burke Maurice

Purchase Details

Closed on
Jan 29, 1999
Sold by
Burke Donald E
Bought by
Burke Donald
Source: Public Records
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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
Cullert Jennifer L $1,850,000 --
Cullert Jennifer L $1,850,000 --
Cullert Jennifer L $1,850,000 --
305 Putnam Avenue Llc $605,000 --
305 Putnam Avenue Llc $605,000 --
Burke Maurice -- --
Burke Maurice -- --
Burke Donald -- First American Title Ins Co
Burke Donald -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullert Jennifer L $900,000
Closed Cullert Jennifer L $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2015 03/17/15 Sold $1,800,000 +5.9% $563 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $1,699,000 -- $531 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2026 $6,281 $113,640 $15,120 $98,520
2025 $6,076 $126,180 $15,120 $111,060
2024 $6,076 $109,620 $15,120 $94,500
2023 $5,796 $108,120 $15,120 $93,000
2022 $5,375 $85,860 $15,120 $70,740
2021 $5,485 $94,140 $15,120 $79,020
2020 $2,726 $94,980 $15,120 $79,860
2019 $5,413 $89,340 $15,120 $74,220
2018 $5,111 $25,072 $4,421 $20,651
2017 $2,678 $13,136 $3,622 $9,514
2016 $2,483 $12,420 $3,639 $8,781
2015 $1,495 $12,415 $3,621 $8,794
2014 $1,495 $12,265 $4,293 $7,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061026

Real Estate Board of New York (REBNY)

APN: 01823-0090

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