NOT LISTED FOR SALE

Estimated Value: $3,181,000 - $3,746,658

5 Beds
3 Baths
2,450 Sq Ft
$1,454/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $2,300,000 $939 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $19,482/month

103 Days on Market

Highlights

  • Eat-In Kitchen
  • 3-minute walk to Carroll Street
  • 4-minute walk to St Mary's Playground
  • P.S. 58 - The Carroll Rated A
  • Garden

About This Home

As of January 2022

Welcome to 31 3rd Street. The moment you enter you will feel the warmth and love shared in this very well lived home.
Covid19 has definitely left us all in need of some extra TLC, that is exactly what 31 3rd Street needs. A little love and a creative eye to capture its beauty and make it your very own paradise right here within city limits.

This legal 2 family home was used as a 1 family residence for years.
The ground level has a nice cozy brick exposed living room with an exposed ceiling, leading into the kitchen. The kitchen is totally large enough to be an eat in kitchen and lets not forget the full bath. The kitchen is ideally located in the rear of the home leading out to the very deep back yard, featuring a pool and deck. Yes, I said a pool!! Perfect for these HOT LONG SUMMER DAYS a great place to cool off and enjoy a nice BBQ with family and friends.
The Parlor Floor was used as the bedroom floor, under the carpeting you will find hard wood floors, bring your vision and interior designer because this one is worth the trip.

The top unit was used as an in-law suite and can easily be converted to a full floor suite. The top floor still has a small kitchenette so if you are in need of flexible space, YOU JUST FOUND IT. This home can easily be flipped upside down, offering you the opportunity to create an owners upper duplex with a garden rental should the need be there for added income. The choices and design styles are endless.
There is also a cellar, where you can store your amazing wine collection, winter toys, tools or simply added space for stuff, we all have stuff.

The bonus; EVERY floor has a full bathroom!!!! Adding more flexibility than imaginable. With additional FAR (FLOOR AREA RATIO) to add on another level or roof top garden, media room or both. You get to choose whether you use it or not.
This home has great bones and everything you would want in a townhouse; 3 stories, backyard, front yard, cellar, buildability and LOCATION, LOCATION, LOCATION!

You really cant dream of a more ideal set up. At the top of the block, you will find Smith Street, Entrance to the F/G Lines. Head to the North you will find Carroll Park, The Farmers Market, plenty restaurants. Head to the WEST and you will find the water, Columbia Street Waterfront, Nightlife all around this very easy to access neighborhood. Head East you will find Whole Foods Supermarket and run right into Gowanus. While in Gowanus feel free to visit Ample Hills Creamery, Dinosaur BBQ, The School of Rock, INDOOR TENNIS so much more!!
With so much to do and explore whether you ride a bike, like to walk, like to drive or be driven this neighborhood offers something for everyone. Come take a look and see for yourself.

Get those JUST MOVED cards ready and start writing! Your new home is waiting! Call today.

****IMAGES WERE VIRTUALLY STAGED******

All information deemed reliable, must be verified.

* Highlights: North / South exposure / 3 Story plus Cellar/ deep rear garden/ front garden/ brick/ 20 foot wide/ legal 2 family/ great location/ additional FAR /

Last Agent to Sell the Property

Immacolata Giocoli

Tyler Vincent Real Estate Inc License #10311206910 Listed on: 07/17/2021

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,612

Home Design

  • 2,450 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Eat-In Kitchen
  • Garden
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Carroll Gardens Subdivision

Listing and Financial Details

  • Tax Block 1207

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Smith & Hoyt
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 2450.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Building Info

  • Units: 2

Tax Info

  • Tax Block: 1207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Jan 10, 2022
Sold by
Sapp Debra and Sapp Michael C
Bought by
Warren Clemence and Warren Joshua
Seller's Agent
Immacolata Giocoli
Tyler Vincent Real Estate Inc
List Price
$2,300,000
Sold Price
$2,300,000
Current Estimated Value
$3,563,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,263,165
Avg. Annual Appreciation
11.53%
Original Mortgage
$1,840,000
Outstanding Balance
$1,688,836
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,874,329

Purchase Details

Closed on
Jul 25, 2013
Sold by
Pace Adam and Pace Michael
Bought by
Sapp Debra and Sapp Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Pace Mary
Bought by
Pace Mary and Pace Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,721
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Warren Clemence $2,300,000 --
Warren Clemence $2,300,000 --
Warren Clemence $2,300,000 --
Sapp Debra $1,700,000 --
Sapp Debra $1,700,000 --
Pace Mary -- --
Pace Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Clemence $1,840,000
Closed Warren Clemence $1,840,000
Previous Owner Sapp Debra $800,000
Previous Owner Pace Mary $83,721
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $2,300,000 0.0% $939 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $2,300,000 -- $939 / 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 $10,203 $262,020 $35,940 $226,080
2024 $10,203 $242,280 $35,940 $206,340
2023 $5,501 $200,940 $35,940 $165,000
2022 $5,407 $191,160 $35,940 $155,220
2021 $5,398 $173,460 $35,940 $137,520
2020 $5,296 $173,160 $35,940 $137,220
2019 $4,946 $179,700 $35,940 $143,760
2018 $4,304 $22,572 $4,812 $17,760
2017 $4,302 $22,572 $5,119 $17,453
2016 $3,987 $21,496 $6,312 $15,184
2015 $2,568 $20,851 $7,693 $13,158
2014 $2,568 $19,704 $8,477 $11,227
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10732305

Real Estate Board of New York (REBNY)

APN: 00460-0049