NOT LISTED FOR SALE

Estimated Value: $4,102,000 - $4,668,000

6 Beds
3.5 Baths
3,410 Sq Ft
$1,311/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $3,997,400 $1,172 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $24,539/month

96 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Hoyt Street-Schermerhorn Street
  • Building Patio
  • P.S. 38 The Pacific School Rated A-
  • Intercom
  • 3-minute walk to North Pacific Playground

About This Home

As of November 2020

NEW PRICE! Classic, eclectic and modern, this three-unit, 4 story Boerum Hill home embodies the spirit of Brooklyn townhouse living. Built in 1852, and lovingly renovated in 2004 and 2016 to preserve its historic fabric with updated electrical, plumbing, and mechanical systems, this curated renovation surrounds you in tasteful & functional style. Outside, a peaceful deck, covered patio, and expansive yard space offer an oasis of calm and green. Original details abound in every one of the three units from the marble working fireplaces and grape leaf molding to the exposed beams, brick walls and stunning wide plank hardwood floors. The lower duplex (more like a triplex with the finished basement), plus two renovated two-bedroom rentals, create endless opportunities for its lucky new owners. The ornate parlor floor and living area of the duplex with 12 foot 9 inch ceilings, floor-to-ceiling windows and operable wooden shutters opens into a sun-drenched kitchen with custom cherry wood cabinets, a chef's stove, stainless appliances, and ample storage. Off the kitchen, a glass door leads to a private outdoor deck nestled in leafy trees, perfect for entertaining or just relaxing with a coffee. Down the hall, past the Moroccan tiled, windowed half bath and down the staircase with original decorative tin ceiling and relief wallpaper, are 2-3 bedrooms, an office and full windowed bath. Delight in the master bedroom with its private and covered wooden deck which steps out to the 54-foot deep south facing yard. Two cleverly configured and creatively designed bedrooms are connected with a real porthole! For the work-at-home professional, the garden floor includes a separate office space, which accommodates two side-by-side desks. There are ample closets, built in bookshelves and a brightly tiled, windowed full bath with elegant fixtures and a claw foot tub. Split AC units are on every floor of the duplex unit including the
finished open recreation room with 6 foot 8 inch ceilings, exposed beams, and a skylight with accessible hatch to the rear garden. This bonus space serves as a music/craft/movie/guest space complete with a full laundry room, and an additional locked storage room. The renovated, move-in ready upper 2 bedroom, 1 bath rentals x (2) maintain the home's original grace and detail with exposed rafters, wood-burning fireplaces, Bosch washer and dryers, updated kitchens, and spacious baths with original cast iron tubs. Collect great rents as you enjoy the lower three floors and garden or easily turn the entire house into an enviable two or single unit masterpiece! 388 Pacific Street is ideally and conveniently located in the heart of Boerum Hill. It is close to the schools, shops, restaurants, and the boutiques of Atlantic Avenue, Smith and Court Street as well as the A/C/2/3/B/D/Q/F/G trains, Barclay Center and the LIRR at Atlantic Terminal. An ideal home on one of the friendliest blocks in Brownstone Brooklyn!

Last Agent to Sell the Property

Kim Soule

Compass License #30SO0974968 Listed on: 07/10/2020

Compass

Co-Listed By

Jessica Henson

Compass License #10401255152

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 2,091

Home Design

  • Pre War Building

Interior Spaces

  • 3,410 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Patio
  • Lot Dimensions are 20.67 x 100.0

Listing and Financial Details

  • Legal Lot and Block 2 / 190

Community Details

Overview

  • Boerum Hill Subdivision

Amenities

  • Building Patio
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Bond Street/Nevins Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Boerum Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3410.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 6

Exterior Features

  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 20.67 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1915

Tax Info

  • Tax Block: 190
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Nov 23, 2020
Sold by
Marks William S and Springer Catherine P
Bought by
Atkins Siobhan C and Henke Leonard W
Seller's Agent
Kim Soule
Compass
List Price
$3,997,400
Sold Price
$3,997,400
Current Estimated Value
$4,472,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,792
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Mar 18, 2004
Sold by
Eames Lisa June
Bought by
Marks William S and Springer Catherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1999
Sold by
Tevelde Randall
Bought by
Eames Lisa June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,889
Interest Rate
7.19%

Purchase Details

Closed on
Jan 29, 1997
Sold by
Pierce Frederick Lord
Bought by
Tevelde Randall and Eames Lisa June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,400
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Atkins Siobhan C $3,997,400 --
Atkins Siobhan C $3,997,400 --
Atkins Siobhan C $3,997,400 --
Marks William S $1,235,000 --
Marks William S $1,235,000 --
Eames Lisa June $189,055 Commonwealth Land Title Ins
Eames Lisa June $189,055 Commonwealth Land Title Ins
Tevelde Randall $346,000 --
Tevelde Randall $346,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks William S $185,000
Previous Owner Marks William S $926,000
Previous Owner Eames Lisa June $8,889
Previous Owner Tevelde Randall $311,400
Closed Eames Lisa June $8,889
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $3,997,400 0.0% $1,172 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $3,997,400 -- $1,172 / 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 $13,851 $196,140 $32,820 $163,320
2024 $13,851 $230,760 $32,820 $197,940
2023 $13,213 $272,160 $32,820 $239,340
2022 $12,253 $240,660 $32,820 $207,840
2021 $12,917 $218,280 $32,820 $185,460
2020 $6,373 $185,460 $32,820 $152,640
2019 $12,022 $205,080 $32,820 $172,260
2018 $11,052 $54,216 $8,022 $46,194
2017 $10,427 $51,148 $9,907 $41,241
2016 $10,225 $51,148 $8,422 $42,726
2015 $5,820 $50,763 $12,541 $38,222
2014 $5,820 $47,890 $14,196 $33,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10646619

Real Estate Board of New York (REBNY)

APN: 00190-0002