NOT LISTED FOR SALE

Estimated Value: $2,308,000 - $2,924,000

6 Beds
4.5 Baths
3,812 Sq Ft
$684/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $1,665,000 $437 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $14,436/month

24 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Balcony
  • Ditmas Junior High school Rated A-
  • Community Garden
  • Garage

About This Home

As of October 2020

Ditmas Park treasure. Formerly a one family home with a doctor's suite, this huge Ditmas Park beauty is a rare size. Flexible and complete with a separate first floor office/guest wing with a private entrance, this home could be an amazing solution for many. It's easily converted into either a two family home or used as a mother/daughter as there is a convenient back stair already in place. Situated on an 8000 sq ft corner lot, this 3800 square foot home with a 2 car garage, large balcony and private tree-linedside yard, in addition to dramatic beautifulfrontage that could be privatized, offers flexibility galore, With lovely archways and details, the parlor floor has a beautiful entryway, leading into a large double living room and a formal dining room. Thereare beautiful parquet floors throughout, shown in the dining room, and well-preserved under the carpet in some rooms.There is a huge windowed eat-in-kitchen, complete with separate dinette (21' long) and a bay window. A convenient half bath is on this level. The second entrance leads to three separate rooms, and adjoins the main sections of the home and plumbing exists for a second bath. There is a side exit that leads up to the second level, to the basement, featuring a large finished recreation room, and outside to a private tree lined side yard. The second floor features a lovely master bedroom suite, complete with ensuite bath. There are two otherspaciousbedrooms on this level, along with another full bath,and large, 21' balcony over the dinette, that overlooks beautiful Dorchester Road. The top floor has three bedrooms, storage, and a large bath complete with a clawfoot tub. The basement is full, with good ceiling height, with a separate laundry room, recreation room and an opportunity to further finish to your taste. This is a great opportunity to purchase in a country like setting and have the best of all worlds - and to customize to your taste, whether you want a single family with room for home offices, professional suites, or to create a two family home, the choice is yours.Superbly located just acouple of blocks to the B & Q trains to Manhattan and the great eateries and retail of Cortelyou Road and Newkirk Ave, including Cafe Madeline, Pasture Burger, Manchego, Koko Ramen, Purple Yam, Cinco De Mayo, The Castello Plan, The Farm on Adderley, Mimi's Hummus, Lea, the year-round farmers market on Sundays, Coffee Mob, Don Burrito, Fisherman's Cove, The Ox Tavern, Milk & Honey and much more.

Last Agent to Sell the Property

Carolyn Cedar

Compass License #10301206764 Listed on: 07/14/2020

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 72.0 x 109.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,812 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Balcony
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 7 / 5176

Community Details

Overview

  • Flatbush Subdivision

Amenities

  • Community Garden
  • Building Terrace
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Dorchester Road/Ditmas Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3812.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Building Garden, Balcony
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 72.0 x 109.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 5176
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Oct 5, 2020
Sold by
Schwartz Patricia Freya and Schwartz Shimmon
Bought by
Schachter David and Schachter Jonathan
Seller's Agent
Carolyn Cedar
Compass
List Price
$1,665,000
Sold Price
$1,665,000
Current Estimated Value
$2,609,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,080
Avg. Annual Appreciation
8.83%
Original Mortgage
$375,000
Outstanding Balance
$331,405
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,277,675

Purchase Details

Closed on
Jul 16, 1998
Sold by
Katz Chava
Bought by
Schwartz Shimmon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.89%

Purchase Details

Closed on
May 24, 1994
Sold by
Katz Irwin
Bought by
Katz Chava

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.51%
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
Schachter David $1,665,000 --
Schachter David $1,665,000 --
Schachter David $1,665,000 --
Schwartz Shimmon $308,000 Old Republic Natl Title Ins
Schwartz Shimmon $308,000 Old Republic Natl Title Ins
Katz Chava -- Commonwealth Land Title Ins
Katz Chava -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schachter David $375,000
Closed Schachter David $375,000
Previous Owner Schwartz Shimmon $46,000
Previous Owner Katz Chava $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $1,665,000 0.0% $437 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $1,665,000 -- $437 / 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 $10,332 $168,600 $32,562 $136,038
2024 $10,332 $161,202 $32,562 $128,640
2023 $9,747 $167,880 $33,900 $133,980
2022 $9,298 $137,400 $33,900 $103,500
2021 $9,635 $140,460 $33,900 $106,560
2019 $7,976 $153,420 $33,900 $119,520
2018 $7,946 $40,440 $8,484 $31,956
2017 $7,478 $38,154 $8,640 $29,514
2016 $7,158 $38,154 $10,624 $27,530
2015 $4,121 $36,162 $14,144 $22,018
2014 $4,121 $35,722 $16,767 $18,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10647644

Real Estate Board of New York (REBNY)

APN: 05176-0007