NOT LISTED FOR SALE

389 Classon Ave Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $2,124,000 - $3,187,000

4 Beds
3 Baths
2,565 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $2,680,000 $1,045 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,963/month

4,354 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to Classon Avenue
  • Laundry Facilities
  • Building Patio
  • Patio
  • 1-minute walk to Cuyler Gore Park

About This Home

As of April 2020

This impeccable turn key townhouse is the epitome of Clinton Hill living. Beautifully restored and renovated from top to bottom, there is no corner of this home that hasn't received thoughtful attention. Legally a two family, currently used as a single family home, the upper unit (plumbing still in place behind the wall) has been converted to a large living space and master bedroom with enormous walk-in windowed closet. This could easily convert to a 5th bedroom if needed.



The open kitchen and dining room flow gracefully into the classic brownstone parlor, as well as out to the garden. Perfect for entertaining, this home has a fantastic layout which is flexible to have 3-5 bedrooms as needed and still have multiple large open living areas.



Additional upgrades and recent renovations include a new roof, fully updated electric and plumbing, new skylight, pristine front and rear facades, new hot water recirculator, new gas boiler for radiator heat and separate AC split system units in each room for individual control, a pristine finished basement, and a fully landscaped yard with built in grill (featured in the NY Times)- ready for your late summer BBQs. The kitchen was completely renovated with gorgeous custom millwork and Thermador chef-grade appliances with 36' range and integrated (paneled) refrigerator.



Located in the heart of Clinton Hill, every great aspect of the neighborhood is nearby- including Speedy Romeo, Clementine Bakery, Aita, Meckelburg's, Locanda Vini and Olii, and so much more.

Last Agent to Sell the Property

Christine Blackburn

Compass License #30BL1044983 Listed on: 05/23/2019

Compass

Co-Listed By

Lior Barak

Compass License #30BA1018530

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1889

Lot Details

  • 1,394

Home Design

  • Pre War Building

Interior Spaces

  • 2,565 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Lot Dimensions are 19.0 x 74.0

Listing and Financial Details

  • Legal Lot and Block 4 / 1953

Community Details

Overview

  • Bedford Stuyvesant Subdivision

Amenities

  • Building Patio
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1889

Lot Details

1,394 Sq Ft Lot

Listing Details

  • Cross Street: Greene Avenue/Clifton Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2565.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling: No
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 19.0 x 74.0

Building Info

  • Total Stories: 2
  • Year Built: 1889

Tax Info

  • Tax Block: 1953
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2019
Sold by
Lewis Cathryn and Lewis Daniel
Bought by
Dederick Elizabeth and Dederick John
Current Estimated Value
$2,625,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,633
Outstanding Balance
$478,257
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,147,076

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 16, 2014
Sold by
Ll & L Real Estate Development Llc
Bought by
Lewis Cathryn and Lewis Daniel
Seller's Agent
Jerry Minsky
Douglas Elliman Real Estate
List Price
$1,895,000
Sold Price
$1,825,000
Premium/Discount to List
-$70,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$1,460,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2014
Sold by
Babb Lloyd and Christmas Lisa
Bought by
Ll & L Real Estate Development Llc

Purchase Details

Closed on
Jan 4, 2013
Sold by
389 Classon Avenue Llc and Christmas
Bought by
Babb Lloyd and Christmas Lisa

Purchase Details

Closed on
Dec 12, 2007
Sold by
Christmas Lisa
Bought by
389 Classon Avenue Llc and Christmas

Purchase Details

Closed on
Sep 28, 2006
Sold by
Bolden Nellie Mae and Bolden William David
Bought by
Christmas Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,964
Interest Rate
6.47%
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
Dederick Elizabeth $2,680,000 --
Dederick Elizabeth $2,680,000 --
Lewis Cathryn $1,825,000 --
Lewis Cathryn $1,825,000 --
Ll & L Real Estate Development Llc -- --
Ll & L Real Estate Development Llc -- --
Babb Lloyd -- --
Babb Lloyd -- --
389 Classon Avenue Llc -- --
389 Classon Avenue Llc -- --
Christmas Lisa $636,000 --
Christmas Lisa $636,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dederick Elizabeth $543,633
Closed Dederick Elizabeth $543,633
Previous Owner Lewis Cathryn $1,460,000
Previous Owner Christmas Lisa $62,964
Previous Owner Christmas Lisa $508,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2020 04/30/20 Sold $2,680,000 +46.8% $1,045 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
06/16/2014 06/16/14 Sold $1,825,000 -3.7% $546 / Sq Ft View Prior Sale
05/17/2014 05/17/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $1,895,000 -29.3% $567 / Sq Ft
11/29/2007 11/29/07 For Sale $2,680,000 -- $1,045 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $3,634 $159,480 $11,340 $148,140
2024 $3,634 $137,940 $11,340 $126,600
2023 $3,470 $121,920 $11,340 $110,580
2022 $3,219 $123,780 $11,340 $112,440
2021 $3,186 $95,580 $11,340 $84,240
2020 $2,416 $107,580 $11,340 $96,240
2019 $3,154 $105,780 $11,340 $94,440
2018 $2,903 $14,239 $1,189 $13,050
2017 $2,739 $13,436 $1,486 $11,950
2016 $2,536 $12,688 $1,894 $10,794
2015 $1,529 $12,688 $2,840 $9,848
2014 $1,529 $12,565 $3,374 $9,191
Source: Public Records

Agents Affiliated with this Home

  • Christine Blackburn

    Seller's Agent in 2020

    Christine Blackburn

    Compass

    (646) 455-3720

    33 in this area

    219 Total Sales

    Christine Blackburn
    Section Image
  • Lior Barak

    Seller Co-Listing Agent in 2020

    Lior Barak

    Compass

    (646) 248-6982

    37 in this area

    190 Total Sales

    Lior Barak
    Section Image
  • Jerry Minsky

    Seller's Agent in 2014

    Jerry Minsky

    Douglas Elliman Real Estate

    (718) 942-6789

    6 in this area

    68 Total Sales

    Jerry Minsky
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10581609

Real Estate Board of New York (REBNY)

APN: 01953-0004

New York Kings County Brooklyn 11238 Bed-Stuy

389 Classon Ave, Brooklyn, NY

Not Listed for Sale

Detached

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