NOT LISTED FOR SALE

Estimated Value: $1,383,000 - $2,731,000

4 Beds
4.5 Baths
1,495 Sq Ft
$1,263/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $1,699,995 $1,137 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,228/month

123 Days on Market

Highlights

  • Pre War Building
  • Eat-In Kitchen
  • Garden
  • Ditmas Junior High school Rated A-
  • Patio
  • Central Air

About This Home

As of February 2018

397 East 8th street is the shining example of new renovation and design constructed seamlessly within the classic residential enclave of Kensington. This fully detached home boasts a 3-story, 24-foot wide frame with sleek interior renovations and subtle hints of Victorian charm. Lush hardwood floors, white base moldings, recessed lighting and custom light fixtures are seen throughout and the home also features a finished basement with full height ceilings, full bathrooms, a laundry room, and it's own 2-car garage! The house opens from its front porch into a proper foyer branching off into a spacious pass-through living room adorned with natural light from a set of large bay windows. The 1st floor concludes in a spacious chef's haven and open dining area. The kitchen offers plenty of cabinet and counter space with dark mahogany cabinets, stainless steel appliances and marble island with dishwasher centered between two additional countertops. Wall-to-wall exposure in the rear provides an easy transition to a quiet yard and elevated patio space. Ascend a classic staircase with decadent newels up to two additional 2-bedroom layouts. The second floor features a grand master suite with ample closet space and en suite bathroom as well as a secondary queen sized bedroom and second bath. The top level hosts two more bedrooms, jack and jill style, featuring several large sunny windows and exposed lofted ceiling. Every bathroom features illustrious marble tile work, recessed lighting, and new porcelain fixtures, while separate standing shower and deep soaking tub distinguish the master bathroom. 397 East 8th Street offers all the comforts of a classic home within 10 blocks from the Cortelyou Road station, Cortelyou strip and is a short distance to Prospect Park. Here you will have unlimited access to a community known for suburban style blocks, but with no shortage of colorful restaurants, inviting bars, and primer local markets and venues.

Last Agent to Sell the Property

MARK MARTOV

Corcoran Group License #10401264653 Listed on: 09/05/2017

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Eat-In Kitchen
  • Patio
  • Garden
  • Central Air

Community Details

  • Kensington Subdivision

Listing and Financial Details

  • Tax Block 5377

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kensington
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Features: Eat-in Kitchen

Beds/Baths

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

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Building Info

  • Units: 1
  • Year Built: 1905

Tax Info

  • Tax Block: 5377

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Patel Neesha
Bought by
Patel Neesha and Winter Sara
Current Estimated Value
$1,887,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,916
Outstanding Balance
$13,459
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,874,038

Purchase Details

Listed on
Sep 5, 2017
Closed on
Feb 9, 2018
Sold by
516 849 3151 We Buy Fixer Uppers Llc
Bought by
Patel Neesha
Seller's Agent
MARK MARTOV
Corcoran Group
List Price
$1,979,000
Sold Price
$1,699,995
Premium/Discount to List
-$279,005
-14.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$1,029,995
Outstanding Balance
$867,390
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,020,107

Purchase Details

Closed on
Jan 19, 2017
Sold by
81286 Holdings Llc
Bought by
516 849 3151 We Buy Fixer Uppers Llc

Purchase Details

Closed on
Feb 4, 2016
Sold by
Thompson-Wilson Glacia A and Wilson Larry L
Bought by
Wood Eula Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2015
Sold by
Wilson Larry L and Wilson-Thompson Glacia A
Bought by
Wood Eula L

Purchase Details

Closed on
May 9, 2007
Sold by
Wood Eula Lee
Bought by
Thompson-Wilson Glacia A and Wilson Larry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.24%

Purchase Details

Closed on
Mar 29, 2007
Sold by
Thompson Richard
Bought by
Wood Eula Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.24%

Purchase Details

Closed on
Aug 17, 2004
Sold by
Wilson Glacia and Wilson Larry L
Bought by
Wilson Glacia and Wilson Larry L

Purchase Details

Closed on
Jan 17, 2003
Sold by
Wilson Lascelles
Bought by
Wilson Glacia and Wilson Larry L

Purchase Details

Closed on
Nov 27, 2000
Sold by
Stewart Charmaine A and Wilson Larry L
Bought by
Wilson Lascelles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
7%
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
Patel Neesha -- --
Patel Neesha -- --
Patel Neesha -- --
Patel Neesha $1,699,995 --
Patel Neesha $1,699,995 --
Patel Neesha $1,699,995 --
516 849 3151 We Buy Fixer Uppers Llc $865,000 --
516 849 3151 We Buy Fixer Uppers Llc $865,000 --
516 849 3151 We Buy Fixer Uppers Llc $865,000 --
Wood Eula Lee -- --
81286 Holdings Llc $385,000 --
Wood Eula Lee -- --
81286 Holdings Llc $385,000 --
Wood Eula Lee -- --
Wood Eula L -- --
Wood Eula L -- --
Wood Eula L -- --
Thompson-Wilson Glacia A -- --
Thompson-Wilson Glacia A -- --
Wood Eula Lee $720,000 --
Wood Eula Lee $720,000 --
Wilson Glacia -- --
Wilson Glacia -- --
Wilson Glacia -- --
Wilson Glacia -- --
Wilson Lascelles $277,000 Commonwealth Land Title Ins
Wilson Lascelles -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Neesha $14,916
Closed Patel Neesha $14,916
Open Patel Neesha $1,029,995
Closed Patel Neesha $1,029,995
Previous Owner 81286 Holdings Llc $525,000
Previous Owner Wood Eula Lee $0
Previous Owner Wood Eula Lee $144,000
Previous Owner Wood Eula Lee $576,000
Previous Owner Wilson Lascelles $221,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $1,699,995 -14.1% $1,137 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
09/08/2017 09/08/17 For Sale $1,979,000 -- $1,324 / 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 $4,058 $95,820 $20,820 $75,000
2024 $4,058 $77,400 $20,820 $56,580
2023 $3,929 $94,260 $20,820 $73,440
2022 $3,690 $88,800 $20,820 $67,980
2021 $3,890 $78,540 $20,820 $57,720
2020 $1,865 $77,640 $20,820 $56,820
2019 $3,522 $77,640 $20,820 $56,820
2018 $3,287 $16,123 $5,595 $10,528
2017 $3,140 $15,405 $6,296 $9,109
2016 $3,080 $15,405 $6,575 $8,830
2015 $1,753 $14,853 $9,193 $5,660
2014 $1,753 $14,032 $10,429 $3,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10037749

Real Estate Board of New York (REBNY)

APN: 05377-0074