NOT LISTED FOR SALE

Estimated Value: $2,742,000 - $3,090,090

5 Beds
3 Baths
2,556 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $2,400,000 $939 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $16,439/month

123 Days on Market

Highlights

  • Pre War Building
  • P.S. 9 The Sarah Smith Garnet School Rated A
  • 2-minute walk to Stroud Playground

About This Home

As of May 2021

ACCEPTED OFFER, NO SHOWINGS

TUSCAN FARM HOUSE IN THE HEART OF THE HISTORIC DISTRICT! This beautiful sun-drenched home is brimming with life and charm. With its magnificent skylights, oversized windows and soaring ceilings, the whole house feels luxuriously open, light and airy. Sunshine spills in from every direction. The elegant parlor floor has open sight lines from the lovely living room through to the charming farm-house style kitchen with its sweeping views of the leafy garden. The extra-deep, south-facing garden has a park-like feel with lush landscaping and multiple areas for relaxing and enjoyment. It?s overflowing with perennials, meadow-like florals, herbs and other edibles, meandering paths, shade trees and succulents. The 3rd floor bedroom suites are bright, pretty and sparkling with lovely details. It leads to a stunning energy-efficient GREEN ROOF! It's exquisitely designed for both function and natural beauty. The lovely variety of plantings include asters, butterfly milkweed, wild bergamot, black-eyed susans and goldenrods. It's not only beautiful, it allows the house to stay cool and fresh in summer and retain heat in winter.

The garden level is currently used as a rental. Continue to use it as an income-producing two-unit or easily convert it into an expansive single-family.



This well-loved home has been well maintained and upgraded with excellent mechanicals, a clean dry basement and beautiful wood windows that pay homage to its 19th century pedigree. The turn-of-the-century brownstone façade has retained its grandeur with its elegant carvings and handsome cornice. On top of all this, you have an opportunity to expand your footprint with 2,000+ sq ft of additional buildable space! (consult with architect).



Nestled on one of Prospect Heights?s most coveted streets, Park Place is a peaceful leafy block known for its stately brownstones and beautiful, century-old trees. You?re a few blocks to Prospect Park and express trains, close to all of the neighborhood?s destination shops, cafes and restaurants and an easy walk to Brooklyn?s cultural heart: The Museum, Botanic Garden and Library. This perfect combination of location, quality and VALUE is rarely available and should not be missed! CALL FOR APPOINTMENT.

Last Agent to Sell the Property

Tracey McLean

Corcoran Group License #10301200796 Listed on: 10/03/2020

Corcoran Group

Co-Listed By

Erin Penoyer-Gerbino

Corcoran Group License #10401236137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,436

Year Built

  • Built in 1901

Lot Details

  • 2,439

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 131.0 x 19.0

Community Details

  • 2 Units
  • Prospect Heights Subdivision

Listing and Financial Details

  • Tax Block 1166

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,436

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Underhill Avenue & Washington Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Prospect Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 131.0 x 19.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 1166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Morgenthau Josh and Saul Emily
Bought by
Siegfried Properties Llc
Current Estimated Value
$2,895,273

Purchase Details

Listed on
Oct 3, 2020
Closed on
May 13, 2021
Sold by
Saphire David and Saphire Sigrun Wolff
Bought by
Morgenthau Josh and Saul Emily
Seller's Agent
Tracey McLean
Corcoran Group
List Price
$2,350,000
Sold Price
$2,400,000
Premium/Discount to List
$50,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$2,040,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1997
Sold by
Mcgriff Barbara
Bought by
Saphire David and Saphire Sigrun Wolff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
7.48%
Source: Public Records

Range of Values:

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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
Siegfried Properties Llc -- --
Morgenthau Josh $2,400,000 --
Saphire David $236,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgenthau Josh $2,040,000
Previous Owner Sahpire David $628
Previous Owner Saphire David $188,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $2,400,000 +2.1% $939 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
09/09/2020 09/09/20 For Sale $2,350,000 -- $919 / 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 $9,436 $190,800 $25,860 $164,940
2024 $9,436 $182,460 $25,860 $156,600
2023 $9,541 $190,440 $25,860 $164,580
2022 $8,823 $160,620 $25,860 $134,760
2021 $4,750 $159,600 $25,860 $133,740
2020 $3,562 $157,500 $25,860 $131,640
2019 $7,897 $149,280 $25,860 $123,420
2018 $7,683 $39,148 $5,949 $33,199
2017 $7,620 $38,851 $6,134 $32,717
2016 $7,017 $36,652 $7,812 $28,840
2015 $4,201 $34,579 $11,057 $23,522
2014 $4,201 $32,624 $12,521 $20,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10672643

Real Estate Board of New York (REBNY)

APN: 01166-0046