NOT LISTED FOR SALE

Estimated Value: $2,703,000 - $4,159,000

4 Beds
2.5 Baths
2,930 Sq Ft
$1,151/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $2,320,000 $792 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $18,041/month

27 Days on Market

About This Home

As of April 2021

Built in 1899, 408 Classon Avenue is a dreamy, sun filled home filled with historic charm such as original hard wood floors, crown moldings and fireplace mantles, mixed with the benefits of modern, architecturally designed kitchens and bathrooms. The 2 family, double duplex configuration spans just shy of 3000 square feet, and offers ideal shared access to the basement where you'll find ample room for storage, laundry and the building's new hot water heaters as well as egress to your private back yard garden. Homebuyers looking for the benefits of townhouse living as well as a multifamily investment will enjoy equal living space in both duplexes as well as convenient access to the manicured backyard and laundry/storage in the basement for either or both occupants. Choose to live in either and benefit from the high income of the second unit Come home up the stoop to a shared foyer where you'll find the entrance to the first of the two duplexes. The Parlor's high ceilings come in at whopping 10'10'' and a wide-open continuous flow between the living, dining and kitchen offer a loft like vibe. Tall windows at both ends of the property offer plenty of light all day. Head down the stairs to the two sizable bedrooms and large newly renovated full bathroom. The primary bedroom has immediate garden access. All bedrooms have ample closets. The second duplex starts with access on the parlor level and opens to a sky lit stairwell. This 3rd floor, and main level of the home with high 9'6'' ceilings consists of a large primary bedroom with home office space and 2 large closets. There is a second large, queen sized bedroom facing the backyard. A newly renovated full bathroom completes this floor. Upstairs at the top and most sun flooded level of the property is the large open kitchen with new 1/2 bath and living room with decorative fireplace. This smart separation of space allows you to live and entertain comfortably. 408 Classon Avenue is a one way, tree lined street with ample street parking ideally located between Quincy Street and Lexington Avenue in the Clinton Hill, District 13 section of Brooklyn. Close by are many restaurants like Speedy Romeo, Peaches, Clementine Bakery and of course Pratt Institute and access to the G train and neighbors Fort Greene and Bedford-Stuyvesant.

Last Agent to Sell the Property

Sephrah Towbin

Corcoran Group License #10401286451 Listed on: 01/20/2021

Corcoran Group

Co-Listed By

Statia Grossman

Corcoran Group License #10401332351

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Interior Spaces

  • 4-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Clinton Hill Subdivision

Listing and Financial Details

  • Tax Block 1969

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Quincy Street / Lexington Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Clinton Hill
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2021
Sold by
Shabbir Karen Blitz
Bought by
Karen Blitz-Shabbir As Trustee and The Karen Blitz-Shabbir Revocable Living
Current Estimated Value
$3,371,000

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 15, 2021
Sold by
Coover Abigail and Hume Nathan
Bought by
Shabbir Karen Blitz
Seller's Agent
Sephrah Towbin
Corcoran Group
List Price
$2,250,000
Sold Price
$2,320,000
Premium/Discount to List
$70,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$1,088,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2011
Sold by
Newallo Marilyn and Roopchand Marilyn
Bought by
Coover Abigail and Hume Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$786,802
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2009
Sold by
Roopchand Marilyn
Bought by
Roopchand Marilyn

Purchase Details

Closed on
Sep 19, 1994
Sold by
Roopchand Norbert
Bought by
Roopchand Norbert and Newallo Marilyn
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
Karen Blitz-Shabbir As Trustee -- --
Karen Blitz-Shabbir As Trustee -- --
Karen Blitz-Shabbir As Trustee -- --
Shabbir Karen Blitz $2,320,000 --
Shabbir Karen Blitz $2,320,000 --
Shabbir Karen Blitz $2,320,000 --
Coover Abigail $650,000 --
Coover Abigail $650,000 --
Roopchand Marilyn -- --
Roopchand Marilyn -- --
Roopchand Norbert -- Chicago Title Insurance Co
Roopchand Norbert -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shabbir Karen Blitz $1,088,000
Previous Owner Coover Abigail $786,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $2,320,000 +3.1% $792 / Sq Ft
01/20/2021 01/20/21 For Sale $2,250,000 -- $768 / 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 $4,548 $226,320 $35,880 $190,440
2024 $4,548 $193,200 $35,880 $157,320
2023 $4,555 $170,760 $35,880 $134,880
2022 $4,227 $139,740 $35,880 $103,860
2021 $3,911 $107,880 $35,880 $72,000
2020 $1,826 $130,800 $35,880 $94,920
2019 $3,654 $144,660 $35,880 $108,780
2018 $3,512 $18,688 $5,467 $13,221
2017 $3,297 $17,644 $5,816 $11,828
2016 $3,021 $16,660 $7,413 $9,247
2015 $1,704 $15,724 $7,211 $8,513
2014 $1,704 $15,724 $7,577 $8,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10693498

Real Estate Board of New York (REBNY)

APN: 01969-0053