NOT LISTED FOR SALE

Estimated Value: $1,255,000 - $1,524,175

2 Beds
2 Baths
-- Sq Ft
$422/mo HOA Fee

Last Sold September 08, 2022

Last sale price $1,175,000

Est. 16% increase in value since last sale

Current estimated payment $8,817/month

32 Days on Market

Highlights

  • City View
  • Balcony
  • Intercom
  • Magnet School of Math Science & Design Technology Rated A

About This Home

As of September 2022

Located on a pretty street off of vibrant 7th Avenue, this Park Slope condominium rises above neighboring wood-frame rooflines and lush treetops. The natural light is fantastic in this 2-bedroom, 2-bathroom. The home features THREE lovely newly retiled private balconies. The open living and dining area is spacious and inviting. In the kitchen you'll find cabinets finished with cherry wood, stainless steel appliances (with new microwave), and oversized granite countertops that offer bar seating. The storage and prep space are ample.

The sunny primary bedroom is big enough for an office nook and includes an en-suite bath. Off the bedroom is a south facing balcony overlooking surrounding gardens. The 2nd bedroom has a walk-in closet and also has its own balcony sharing the same sweet garden vistas. Other features include an oversized wall of windows, hardwood floors, thru-wall air conditioning, and a new in-unit washer/dryer.

Located in the heart of South Slope, 370 12th Street is a 6-unit boutique condominium ideally located less than three blocks from Prospect Park and the F/G subway. Close to unique restaurants, boutiques, retail establishments and the best neighborhood conveniences and amenities brownstone Brooklyn offers.

There is a shared roof deck on the top floor with dramatic city views, shared common storage, incredibly low common charges, and 421a abatement expiring in 2025.

Last Agent to Sell the Property

Nick Ferrone

Compass License #10301200638 Listed on: 06/10/2022

Compass

Co-Listed By

Julie Cohen

Compass License #10301209544

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 2008

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • City Views
  • Balcony
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Park Slope Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 7506 / 1030

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,204

Year Built

Built in 2008

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Cross Street: 6th Avenue/7th Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Wall Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 422.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 2008

Tax Info

  • Tax Block: 1030
  • Tax Lot: 7506
  • Tax Annual: 3204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 2, 2022
Sold by
Barrett Jennifer and Ozols Victor
Bought by
Chimbo Luis E and Cui Xueyao
Seller's Agent
Nick Ferrone
Compass
List Price
$1,195,000
Sold Price
$1,175,000
Premium/Discount to List
-$20,000
-1.67%
Current Estimated Value
$1,361,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,044
Avg. Annual Appreciation
3.95%
Original Mortgage
$763,750
Outstanding Balance
$731,544
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$589,177

Purchase Details

Closed on
Mar 8, 2010
Sold by
Ps 67 Development Llc
Bought by
Barrett Jennifer and Ozols Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,600
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
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
Chimbo Luis E $1,175,000 --
Barrett Jennifer $632,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chimbo Luis E $763,750
Previous Owner Barrett Jennifer $2,179
Previous Owner Barrett Jennifer $505,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $1,175,000 -1.7% --
07/13/2022 07/13/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $1,195,000 -- --
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 $13,729 $188,719 $13,349 $175,370
2024 $13,729 $235,874 $13,349 $222,525
2023 $9,965 $196,561 $13,349 $183,212
2022 $6,775 $193,141 $13,349 $179,792
2021 $3,538 $185,715 $13,349 $172,366
2020 $220 $200,900 $13,349 $187,551
2019 $461 $191,889 $13,349 $178,540
2018 $465 $119,984 $9,081 $110,903
2017 $465 $116,264 $10,227 $106,037
2016 $471 $107,652 $11,070 $96,582
2015 $368 $99,678 $12,296 $87,382
2014 $368 $92,296 $9,110 $83,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10794776

Real Estate Board of New York (REBNY)

APN: 01030-1504