Seller's Agent in 2018
Betty Lee
Corcoran Group
(718) 923-8088
10 Total Sales
311 E 5th St Brooklyn, NY 11218
Kensington NeighborhoodEstimated Value: $1,557,742 - $1,807,000
3
Beds
2
Baths
1,624
Sq Ft
$1,039/Sq Ft
Est. Value
About This Home
As of April 2018OPEN HOUSE Sunday 11/12 2:00pm to 3:30pm!!! Room to grow. Classic and Elegance in the heart of Kensington. Welcome to 311 East 5th Street! Built in 1915, this barrel front limestone has been lovingly cared for and features solidly crafted original woodwork and period details. Upon entering the parlour floor, you are greeted by the beautiful bay windows lined with stained glass and custom wood shutters. Inlaid pocket doors open up to a spacious dining room with built-in wood cabinetry. The eat-in kitchen overlooks the deck and the yard making it easy to entertain your friends. Three large bedrooms are upstairs on the 2nd floor as well as a recently renovated bathroom with a skylight bringing in an abundance of natural light. Looking for more space? Well, there is also a full basement that is ideal for additional living space or perhaps a great office space if you are a budding entrepreneur and need a space to meet clients. East 5th Street was ranked as one of the best streets in Kensington by StreetAdvisor! Just minutes away from the F train at Church Avenue along with a variety of shopping options. Some highly recommended dining options include La Loba Catina and ButterFunk Kitchen. Truly a rare opportunity to own such a fine home!
Home Details
Home Type
- Single Family
Year Built
- Built in 1915
Kitchen
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Community Details
- Kensington Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2017
Closed on
Apr 3, 2018
Sold by
Merli Margo and Merli Richard
Bought by
Forman Norah and Hyslop John
Seller's Agent
Betty Lee
Corcoran Group
List Price
$1,750,000
Sold Price
$1,525,000
Premium/Discount to List
-$225,000
-12.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,686
Avg. Annual Appreciation
1.32%
Original Mortgage
$700,000
Outstanding Balance
$600,128
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$1,087,558
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forman Norah | $1,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forman Norah | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2018 04/03/18 | Sold | $1,525,000 | -12.9% | $939 / Sq Ft |
| 03/04/2018 03/04/18 | Pending | -- | -- | -- |
| 09/03/2017 09/03/17 | For Sale | $1,750,000 | -- | $1,078 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $7,404 | $86,100 | $24,960 | $61,140 |
| 2024 | $7,404 | $86,040 | $24,960 | $61,080 |
| 2023 | $7,050 | $94,380 | $24,960 | $69,420 |
| 2022 | $6,579 | $93,540 | $24,960 | $68,580 |
| 2021 | $6,943 | $91,020 | $24,960 | $66,060 |
| 2020 | $5,207 | $81,480 | $24,960 | $56,520 |
| 2019 | $6,377 | $76,860 | $24,960 | $51,900 |
| 2017 | $5,543 | $28,663 | $9,088 | $19,575 |
| 2016 | $5,420 | $28,663 | $11,144 | $17,519 |
| 2015 | $3,042 | $28,141 | $15,188 | $12,953 |
| 2014 | $3,042 | $26,572 | $17,218 | $9,354 |
Source: Public Records
Agents Affiliated with this Home
-
Betty Lee
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10048988
APN: 05338-0039
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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