NOT LISTED FOR SALE

Estimated Value: $2,432,000 - $2,901,000

4 Beds
2 Baths
-- Sq Ft
1,481 Sq Ft Lot

Last Sold September 17, 2018

Last sale price $2,643,500

Est. 1% increase in value since last sale

Current estimated payment $14,733/month

65 Days on Market

About This Home

As of September 2018

What makes a house a home? More than any physical materials, walls and windows, fixtures and furniture, it's comfort, warmth, community, and most of all, love. No house feels more like home than 368 5th Street. Located on one of the best blocks in Center Slope and close to everything, this three-story brick house (a legal two family set up as one) with a finished basement and bonus studio is quintessentially Park Slope.

Up the stoop and into the parlor floor, high ceilings and an open floor plan provide a grand sense of size and flow. The original hardwood floors are rich and warm, and a wood burning fireplace in the living room will keep you cozy on crisp autumn nights and snowy winter days. The light-filled eat-in kitchen is a perfect place for a peaceful break to listen to the sound of birds chirping or having friends over to share time. Through the kitchen, a spacious deck with a large retractable awning enables inside-outside living regardless of the weather.

Upstairs are two large, airy, and bright bedrooms, including a master bedroom with a walk-in closet. The large bathroom, with double sinks and a separate shower and tub, is full of natural light from a skylight above. A large laundry and linen closet completes this bedroom floor.

The garden floor features two flexible use bedrooms and a second full bathroom. The front bedroom currently has a large platform bed by the window and also comprises a well-lit small office/study and a walk-in wardrobe. At the rear of the house is a beautiful, wood paneled bedroom and a working sauna!

The rear yard includes a perfect private sitting area and a lush green garden. An amazing escape from the hustle of city life. And if that's not enough, an adorable detached studio at the rear of the garden is perfect for a daily moment of rejuvenating meditation right in your own back yard.

A fully finished basement completes this wonderful Park Slope townhome. Set up as a home office and media screening room, the space features a retractable projection screen installed at one end for amazing private movie nights. The mechanicals room offers plenty of extra storage space for your seasonal items and clothes, including cedar storage closets.

Your new home is just a block and a half from Washington Park, home of the Old Stone House and the epicenter of the Center Slope community, with JJ Byrne Playground and a Sunday Farmer's Market that's one of the best in Brooklyn. Every convenience and amenity is nearby too, like Whole Foods, the Park Slope Food Co-op, the Prospect Park YMCA, and Prospect Park itself. You're surrounded by fantastic restaurants, cafes, and bars in every direction, and the F/G and R trains are nearby at both 7th and 4th Avenues.

Last Agent to Sell the Property

Scott Klein

Compass License #30KL0922734 Listed on: 04/24/2018

Compass

Co-Listed By

Paul Hyun

Compass License #10301209244

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,936

Year Built

  • Built in 1901

Lot Details

  • 1,481

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • Parkslop Subdivision

Listing and Financial Details

  • Tax Block 988

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,936

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 5th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Sep 17, 2018
Sold by
Kane Jonathan M and Tobey Emily
Bought by
Arram Mahmoud and Fitts Jessica
Seller's Agent
Scott Klein
Compass
List Price
$2,598,000
Sold Price
$2,643,500
Premium/Discount to List
$45,500
1.75%
Current Estimated Value
$2,672,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,854
Avg. Annual Appreciation
-0.51%
Original Mortgage
$1,120,283
Outstanding Balance
$978,959
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$1,571,552

Purchase Details

Closed on
Dec 3, 1997
Sold by
Marcuccio Michele and Carroll Leslie
Bought by
Kane Jonathan M and Tobey Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Arram Mahmoud $2,643,500 --
Kane Jonathan M $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arram Mahmoud $17,305
Open Arram Mahmoud $1,120,283
Previous Owner Kane Jonathan M $800,000
Previous Owner Kane Jonathan M $305,000
Previous Owner Kane Jonathan M $319,800
Previous Owner Kane Jonathan M $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $2,643,500 +1.8% --
08/18/2018 08/18/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $2,598,000 -- --
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 $5,936 $168,420 $28,320 $140,100
2024 $5,936 $161,040 $28,320 $132,720
2023 $5,653 $167,760 $29,520 $138,240
2022 $5,545 $148,560 $29,520 $119,040
2021 $5,585 $141,840 $29,520 $112,320
2020 $4,189 $143,520 $29,520 $114,000
2019 $5,103 $133,200 $29,520 $103,680
2018 $4,669 $24,364 $5,873 $18,491
2017 $4,667 $24,364 $5,306 $19,058
2016 $4,346 $23,288 $5,268 $18,020
2015 $2,552 $22,767 $6,443 $16,324
2014 $2,552 $21,496 $6,949 $14,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10409083

Real Estate Board of New York (REBNY)

APN: 00988-0023