NOT LISTED FOR SALE

375 Prospect Place Unit 2-B Brooklyn, NY 11238

Prospect Heights Neighborhood

Estimated Value: $903,000 - $1,163,000

1 Bed
1 Bath
814 Sq Ft
$521/mo HOA Fee

Last Sold August 02, 2021

Last sale price $770,000 $946 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,240/month

43 Days on Market

Highlights

  • Balcony
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • 3-minute walk to Stroud Playground

About This Home

As of August 2021

Apartment 2B at 375 Prospect Place is a mint, turn-key 1 bedroom - 1 bathroom condominium apartment in bucolic Prospect Heights.This apartment enjoys beautiful, artist-like light, calming views, and is the very definition of pin-drop quiet.



Not an inch of this residence is wasted, as the layout is as efficient as it is spacious. After entry, one experiences the thoughtful flow of the home, taking it all in - first in the open eat-in kitchen, then in the dining area, and finally in the leisurely living room.



As sophisticated as it is practical, the kitchen is equipped with modern conveniences, sleek aesthetics, and state-of-the-art appliances. Durable and delightful polished quartz adorns the counters, while the cabinetry is brilliant white and easy to clean after food prepping and cooking. The appliances are Bosch and American-made Maytag.



On the way to the luxury lavatory, one first one passes the linen closet, which also holds the energy efficient and oversized washer & drier. The bathroom, though, is a sight unto itself, replete with marbled ceramic Statuario Venato walls, an Instagram-worthy Kohler soaking tub, Grohe fixtures, and a custom vanity with exceptional storage.



The bedroom, like the rest of the apartment before it, plays to its strength as it is king-sized, bright, and airy. With a custom closet and generous floor area, it can house more than its fair-share of fashionable clothing and nostalgic personal effects.



When you choose to make 375 Prospect Place your home, youll find yourself at the center of Brooklyn as everyone imagines it to be - teaming with life, swarming with flair, and charming you from sunrise to sunset. The area is host to terrific dinning and shopping experience that one could not find anywhere else and possesses the magnificent Prospect Park, which is quite literally 585 acres of picturesque, post-card beauty. Nearby, Grand Army Plaza features some of the largest, most impressive buildings in all of Brooklyn: the Brooklyn Public Library, the beautiful Botanical Gardens, and the striking Brooklyn Museum.

Last Agent to Sell the Property

Jordan Shea

Douglas Elliman Real Estate License #10401225637 Listed on: 05/21/2021

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,076

Year Built

  • Built in 2015

Lot Details

  • 2,788

HOA Fees

  • $521 Monthly HOA Fees

Interior Spaces

  • 814 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Community Details

  • Prospect Heights Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,076

Year Built

Built in 2015

Lot Details

0

HOA Fees

$521 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 814.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 521.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2015

Tax Info

  • Tax Block: NA
  • Tax Annual: 11076.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Sep 28, 2021
Sold by
Holtsinger Jill and Holtsinger Kyle
Bought by
Demattia Matthew
Seller's Agent
Jordan Shea
Douglas Elliman Real Estate
List Price
$795,000
Sold Price
$770,000
Premium/Discount to List
-$25,000
-3.14%
Current Estimated Value
$996,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,773
Avg. Annual Appreciation
6.55%
Original Mortgage
$400,000
Outstanding Balance
$365,553
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,220

Purchase Details

Closed on
Sep 8, 2016
Sold by
Tin Pan Partners Llc
Bought by
Holtsinger Jill and Holtsinger Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Demattia Matthew $770,000 --
Holtsinger Jill $799,326 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demattia Matthew $400,000
Previous Owner Holtsinger Jill $588,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $770,000 -- --
08/02/2021 08/02/21 Sold $770,000 -3.1% $946 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $795,000 -0.5% $977 / Sq Ft
11/16/2016 11/16/16 Sold $799,326 0.0% $983 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $799,326 -- $983 / 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 $15,573 $149,462 $15,607 $133,855
2024 $15,573 $124,568 $15,607 $108,961
2023 $14,183 $115,622 $15,607 $100,015
2022 $11,470 $113,630 $15,609 $98,021
2021 $11,458 $133,661 $15,609 $118,052
2019 $13,726 $129,529 $15,609 $113,920
2017 $11,867 $93,305 $15,609 $77,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10744826

Real Estate Board of New York (REBNY)

APN: 01153-1204