NOT LISTED FOR SALE

394 Prospect Ave Unit 1R Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $993,000 - $1,114,105

1 Bed
2.5 Baths
-- Sq Ft
$574/mo HOA Fee

Last Sold December 12, 2012

Last sale price $490,000

Est. 114% increase in value since last sale

Current estimated payment $6,383/month

2,248 Days on Market

Highlights

  • Pre War Building
  • New Windows
  • Patio
  • Magnet School of Math Science & Design Technology Rated A
  • Intercom
  • 3-minute walk to Detective Joseph Mayrose Park

About This Home

As of December 2012

This stunningly renovated duplex with a private garden is a Park Slope gem! An open layout and thoughtful finishes make this south facing sunny condo the perfect move-in ready home.

Enter into your foyer with over 9 foot ceilings to greet you, which opens up into the kitchen and living areas featuring solid oak hardwood floors and oversized windows throughout. This home boasts 2 full bathrooms, California closets, recessed lighting, ceiling fans and energy efficient split systems for heating and cooling. The open Chef's kitchen is sleek and thoughtfully laid-out with solid wood shaker cabinetry, Calacatta marble countertops, stainless steel appliances including a Blue-Star custom vented stove. First floor primary bedroom has ample closet space, convenient built-ins, dual exposures and walkout access to the landscaped garden patio.

The lower level office / recreation room has a windowed full bathroom with an extra large washer dryer for convenience. Access to the garden from this level also allows for ample light in the downstairs bonus rooms double as entertainment space, or /primary suite/rec room/office or guest room with full bath and extra large washer/dryer in-unit. Downstairs receives ample morning and afternoon light with two large windows and a second access point to the private garden. The garden, adorned with a grand Lilac tree, honeysuckles, roses and more, boasts a Brazilian teak privacy fence with raised beds for planting, an area to grill and ample space to relax and entertain.

This 8-unit boutique Condo is perfectly situated in South slope near parks, transportation and neighborhood amenities. For floor plan please inquire.

Last Agent to Sell the Property

Jenny Rose Halupka

Compass License #10401292655 Listed on: 04/15/2022

Compass

Co-Listed By

Tatia Wetzel

Nest Seekers LLC License #10401307209

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1931

Lot Details

  • South Facing Home
  • Garden

HOA Fees

  • $574 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 4-Story Property
  • New Windows
  • Entrance Foyer
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 869

Community Details

Overview

  • Park Slope Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,080

Year Built

Built in 1931

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • Cross Street: 7th Avenue/8th Avenue
  • Exposures: South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 574.0
  • 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: 4
  • Year Built: 1931

Tax Info

  • Tax Block: 869
  • Tax Lot: 7502
  • Tax Annual: 1080.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Lisa A Weeks & Kerry A Weeks Trustee U
Bought by
Houck Madison and Purcell Samuel
Current Estimated Value
$1,050,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,000
Outstanding Balance
$715,867
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$320,752

Purchase Details

Closed on
Jun 18, 2018
Sold by
Weeks Kerry and Weeks Lisa
Bought by
Kerry Weeks Trustee and Lisa Weeks, Trustee

Purchase Details

Listed on
Apr 15, 2022
Closed on
Dec 19, 2012
Sold by
Graves Lacey M and Graves Ramona M
Bought by
Weeks Kerry and Weeks Lisa
Seller's Agent
Jenny Rose Halupka
Compass
List Price
$999,000
Sold Price
$490,000
Premium/Discount to List
-$509,000
-50.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$392,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2007
Sold by
Mercedes Realty Corp
Bought by
Graves Lacey M and Graves Ramona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.19%
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
Houck Madison $999,999 --
Kerry Weeks Trustee -- --
Weeks Kerry $490,000 --
Graves Lacey M $436,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houck Madison $749,000
Previous Owner Weeks Kerry A $400,000
Previous Owner Weeks Kerry $50,000
Previous Owner Weeks Kerry $392,000
Previous Owner Graves Lacey M $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Price Changed $999,000 0.0% --
04/15/2022 04/15/22 For Sale $999,000 +103.9% --
12/12/2012 12/12/12 Sold $490,000 0.0% --
11/19/2012 11/19/12 Pending -- -- --
10/16/2006 10/16/06 For Sale $490,000 -- --
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 $1,566 $119,710 $849 $118,861
2024 $1,566 $112,272 $849 $111,423
2023 $1,537 $93,560 $849 $92,711
2022 $1,194 $86,429 $849 $85,580
2021 $1,088 $86,429 $849 $85,580
2020 $482 $93,475 $849 $92,626
2019 $921 $107,314 $849 $106,465
2018 $930 $9,636 $64 $9,572
2017 $969 $9,337 $72 $9,265
2016 $810 $8,646 $73 $8,573
2015 $724 $8,006 $81 $7,925
2014 $724 $7,413 $60 $7,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10835976

Real Estate Board of New York (REBNY)

APN: 00869-1102