NOT LISTED FOR SALE

Estimated Value: $1,069,000 - $1,383,000

1 Bed
2 Baths
1,082 Sq Ft
2013 Built

Sale Details

Date Sold: November 13, 2020

Last sale price $955,000 $883 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,975 / mo

75 Days on Market

Highlights

  • Built in 2013 | Newly Remodeled
  • Rooftop Deck
  • Central Air
  • P.S. 124 Silas B Dutcher Rated A-
  • Patio
  • Laundry Facilities

About This Home

As of November 2020

Looking for outdoor space? How about having two options! Welcome to 314 12th Street, Apartment 101. Located on a pretty tree-lined street between 5th and 6th Avenues in the South Slope.
This eye-catching duplex is located in a six unit boutique condominium which is nine years young. Entering this 25 foot wide townhouse is a cinch, just one step in and a storage closet is located in the hallway .The apartment is located in the back of the building and is pin drop quiet.
The duplex is 1,082 square feet with an open layout and feel. When you enter the first floor you are greeted by a two walls of windows which perfectly frame the open concept of the living, dining and kitchen areas. The kitchen offers high end stainless steel appliances and quartz counter tops with excellent storage space. The upper level offers a bedroom with two windows. Across the hallway is a spa-like full bathroom. Heading downstairs is where the large efficient master suite is located with room for a work space. This dramatic space offers a wall of closets, built in cabinets, and huge floor to ceiling windows which leads out to your private oasis. The en-suite shower stall bathroom is beautiful and large. Off of the bathroom is a spacious laundry/storage room which includes a full size stacking washer dryer. Other features of this home are central air/heat regulated by the NEST System, custom shades, wide plank solid wood floors, shared storage and high ceilings on both levels. In addition to the outdoor space on the lower level, this unit shares the roof deck with one other unit with endless views of the Slope, Downtown Brooklyn and Lower Manhattan. Low common charges and approximately 6 years left on the 15 year tax abatement makes Apartment 101 a perfect find. Pets allowed, purchase application with fees. Close to the park, playgrounds, transportation, shops and restaurants on 5th and 7th Avenues. Please call for a private appointment.

Last Agent to Sell the Property

Stan Gerasimczyk

Corcoran Group License #30GE0874949 Listed on: 07/15/2020

Corcoran Group

Co-Listed By

Steven Gerber

Corcoran Group License #30GE0822037

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $240

Year Built

  • Built in 2013 | Newly Remodeled

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,082 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • South Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 1029

Community Details

Overview

  • 6 Units
  • 314 Twelfth Street Condos
  • Park Slope Subdivision

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$240

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$380 per month

Listing Details

  • Cross Street: 5th Avenue & 6th Avenue
  • Exposures: South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 1
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1082.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 380.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • New Construction: Yes
  • Building Name: 314 Twelfth Street
  • Units: 6
  • Total Stories: 4
  • Year Built: 2013

Tax Info

  • Tax Block: 1029
  • Tax Annual: 240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Nov 13, 2020
Sold by
Norris Kelly and Pestotnik Allan
Bought by
Cartus Financial Corporation and Siddiqui Moiz
Seller's Agent
Stan Gerasimczyk
Corcoran Group
List Price
$1,100,000
Sold Price
$955,000
Premium/Discount to List
-$145,000
-13.18%
Current Estimated Value
$1,268,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,273
Avg. Annual Appreciation
5.37%
Original Mortgage
$859,500
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2017
Sold by
Mannarino Francine and Mannarino Peter
Bought by
Norris Kelly and Pestotnik Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,100
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2014
Sold by
12Th Street Realty Partners Llc
Bought by
Mannarino Francine and Mannarino Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Cartus Financial Corporation $955,000 --
Rajput Sassi $955,000 --
Cartus Financial Corporation $955,000 --
Rajput Sassi $955,000 --
Cartus Financial Corporation $955,000 --
Norris Kelly $923,500 --
Norris Kelly $923,500 --
Norris Kelly $923,500 --
Mannarino Francine $775,000 --
Mannarino Francine $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rajput Sassi $859,500
Previous Owner Cartus Financial Corporation $0
Previous Owner Norris Kelly $554,100
Previous Owner Mannarino Francine $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $955,000 -13.2% $883 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $1,100,000 -- $1,017 / 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
2025 $9,890 $230,026 $11,025 $219,001
2024 $9,890 $245,637 $11,025 $234,612
2023 $4,941 $262,130 $11,025 $251,105
2022 $240 $257,544 $11,025 $246,519
2021 $240 $207,623 $11,025 $196,598
2020 $118 $205,330 $11,025 $194,305
2019 $247 $191,359 $11,025 $180,334
2018 $17,535 $148,896 $10,294 $138,602
2017 $249 $137,867 $11,025 $126,842
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: RLS10648075

Real Estate Board of New York (REBNY)

APN: 01029-1302

Your Personal Tour Guide

Ask me questions while you tour the home.