NOT LISTED FOR SALE

Estimated Value: $1,043,000 - $1,448,000

2 Beds
1.5 Baths
950 Sq Ft
$794/mo HOA Fee

Last Sold April 19, 2021

Last sale price $1,095,000 $1,153 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,041/month

101 Days on Market

Highlights

  • River View
  • Balcony
  • Laundry Facilities
  • Magnet School of Math Science & Design Technology Rated A
  • Garden
  • 5-minute walk to Detective Joseph Mayrose Park

About This Home

As of April 2021

You've just found the best new build resale value in Park Slope!





This gracious 2 bed 1.5 bath residence has been exquisitely upgraded and maintained to provide the perfect balance of elegance and functionality. Ceilings over 10ft immediately present a loftlike feel as you enter into an expansive living room with ample space for a designated dining area. A charming Juliet balcony overlooks the bucolic tree-lined 15th Street. The open chef's kitchen features top of the line appliances and a breakfast bar island along with copious amounts of counter space and storage.







Both bedrooms overlook the lovingly manicured courtyard garden making for pin-drop quiet escapes. The master bedroom features a large walk-in closet, you will be impressed with all the storage. A second bedroom has its own large custom-built closet as well. From the second bedroom is direct access to the "backyard garden"? which is private to all residents and a central component to the welcoming community feel of The Park Pavilion.







The apartment also features central A/C (mechanicals are individual to this apt.), an in-unit washer/dryer and a private storage unit located in the basement which transfers with the apartment. This level of detail in the construction, ability to control your environment independently of your neighbors and quality of the finishes are why 4B is a unique opportunity and amazing value.







The Park Pavilion is a boutique condominium with an elevator, virtual doorman, large common garden, and a gym with sauna and steam room. The best feature of this property is its location in Park Slope. Long one of Brooklyn's most desirable neighborhoods, Park Slope is a fully established residential destination with every service within blocks, amazing restaurants, shopping, multiple public transport options including the F, G, and R lines, and spectacular Prospect Park only two blocks away are just some of the many reasons why The Park Pavilion has become one of the South Slope's most prestigious buildings.

Last Agent to Sell the Property

Preston Maguire

Corcoran Group License #10401267467 Listed on: 10/20/2020

Corcoran Group

Co-Listed By

Marie Espinal

Corcoran Group License #40ES1155627

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,412

Year Built

  • Built in 2004

HOA Fees

  • $794 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 950 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Garden
  • No Cooling

Listing and Financial Details

  • Tax Block 1104

Community Details

Overview

  • 30 Units
  • X_B_Other Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,412

Year Built

Built in 2004

Lot Details

0

HOA Fees

$794 per month

Listing Details

  • Cross Street: 7th Ave/8th Ave
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: X_B_OTHER
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 950.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Balcony, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 794.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 30
  • Total Stories: 5
  • Year Built: 2004

Tax Info

  • Tax Block: 1104
  • Tax Annual: 5412.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Apr 21, 2021
Sold by
Harnett Andrew T
Bought by
Cass Jennifer and Glasgow Chien Dao
Seller's Agent
Preston Maguire
Corcoran Group
List Price
$1,150,000
Sold Price
$1,095,000
Premium/Discount to List
-$55,000
-4.78%
Current Estimated Value
$1,240,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,333
Avg. Annual Appreciation
3.08%
Original Mortgage
$821,250
Outstanding Balance
$742,673
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$510,994

Purchase Details

Closed on
Feb 8, 2005
Sold by
Gold Medal Group Llc
Bought by
Harnett Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Cass Jennifer $1,095,000 --
Cass Jennifer $1,095,000 --
Harnett Andrew T $467,200 --
Harnett Andrew T $467,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cass Jennifer $821,250
Closed Cass Jennifer $821,250
Previous Owner Harnett Andrew T $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $1,095,000 -4.8% $1,153 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $1,150,000 -- $1,211 / 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 $8,288 $77,116 $3,837 $73,279
2024 $8,288 $73,761 $3,837 $69,924
2023 $7,790 $70,970 $3,837 $67,133
2022 $7,412 $65,208 $3,837 $61,371
2021 $6,871 $58,745 $3,837 $54,908
2020 $5,448 $62,788 $3,837 $58,951
2019 $3,979 $59,831 $3,837 $55,994
2018 $2,702 $56,338 $3,836 $52,502
2017 $1,612 $46,039 $3,837 $42,202
2016 $674 $42,903 $3,836 $39,067
2015 $527 $41,872 $3,837 $38,035
2014 $527 $39,191 $3,837 $35,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10677262

Real Estate Board of New York (REBNY)

APN: 01104-1408