NOT LISTED FOR SALE

Estimated Value: $2,002,000 - $3,519,000

6 Beds
6 Baths
3,600 Sq Ft
$704/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $3,125,000 $868 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $14,791/month

7 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Cortelyou Road
  • Den
  • Ditmas Junior High school Rated A-
  • Terrace
  • Eat-In Kitchen

About This Home

As of January 2022

Fully Renovated Victorian House of your Dreams!

477 East 16th Street offers the type of grand living that is seldom found in the city, right here in Historic Ditmas Park. Covering 3 floors, this 6-bedroom home has 4 full bathrooms and 2 powder rooms with living space that spans over 3600 sq. ft. This free-standing home, complete with private driveway and backyard, has been completely restored and renovated to maximize comfort and function for modern day living while honoring the stunning original details of the home.

The Parlor level is both grand and inviting. Stepping into the vestibule, the eye is immediately drawn to the restored leaded glass window. The main level is reserved for living with a large formal living room, dining room with wood burning fireplace, intimate den and large eat-in kitchen. The kitchen, and heart of the home, is located in the back of the house where natural light spills in. You get all of the amenities you would expect from a beautifully renovated kitchen and more; custom cabinetry, Carrara marble countertops, top-of-the line appliance suite, beautiful open shelving, an oversized island and a large dining area. Open the back door for a breeze or to step out into the deck and enjoy a fully matured garden.

Floors 2 and 3 are reserved for more private living. With a primary bedroom, enormous walk-in closet, and an ensuite bathroom and an additional bedroom with ensuite on the 2nd floor and three additional bedrooms with two bathrooms on the 3rd floor, there are endless combinations of how these rooms can be used. Each room offers something special, whether it be bay windows, vaulted ceilings or stained-glass windows.

There are pale white oak floors throughout, all new windows including 4 Zone central heating and cooling, all new plumbing, electric, roof and a finished basement with half bath. Entertaining and living in this home, is always a joy.

Very few properties can offer so much in terms of size, character and quality in a prime blue-ribbon address that provides a refuge from the busy streets of the city, while being close to organic grocery stores, cafes, restaurants, shops and schools of Cortelyou Ave & Newkirk Road. Minutes to Prospect Park for some nature, and just two blocks away from B or Q trains for your quick commute to Manhattan.

This expansive block of prime real estate offers a very rare opportunity to secure a significant home in the historic Ditmas Park neighborhood.

Last Agent to Sell the Property

Daniel Kramp

Christies International Real Estate Group LLC License #10301207760 Listed on: 10/21/2021

Co-Listed By

Holly Sose

Corcoran Group License #10301216348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,004

Year Built

  • Built in 1910

Lot Details

  • 5,009

Home Design

  • Pre War Building

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Additional Features

  • Garden
  • Central Air

Community Details

  • Ditmas Park Subdivision

Listing and Financial Details

  • Tax Block 5180

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,004

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: DORCHESTER ROAD and DITMAS AVENUE
  • Exposures: East,North,South,West
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 3600.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bathrooms Integer: 6
  • Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 5180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 10, 2022
Sold by
Baranowski Lyn and Cerisier James
Bought by
Politi Jason
Seller's Agent
Daniel Kramp
Christies International Real Estate Group LLC
List Price
$3,125,000
Sold Price
$3,125,000
Current Estimated Value
$2,534,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$591,000
Avg. Annual Appreciation
-5.53%
Original Mortgage
$2,100,000
Outstanding Balance
$1,949,831
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$598,053

Purchase Details

Closed on
Feb 28, 2017
Sold by
477 E 16 Ph Llc
Bought by
Baranowski Lyn and Cerisier James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,310,000
Interest Rate
4.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2015
Sold by
Shifer Pearl
Bought by
477 East 16 Ph Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2013
Sold by
Stern Sarah
Bought by
Shifer Pearl

Purchase Details

Closed on
Jul 10, 2000
Sold by
Li Beth Tov
Bought by
Stern Sarah
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
Politi Jason $3,125,000 --
Baranowski Lyn $2,700,000 --
477 East 16 Ph Llc $1,100,000 --
Shifer Pearl -- --
Stern Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Politi Jason $510,000
Open Politi Jason $2,100,000
Previous Owner Baranowski Lyn $17,059
Previous Owner Baranowski Lyn $1,310,000
Previous Owner 477 E 16 Ph Llc $45,000
Previous Owner 477 E 16 Ph Llc $450,000
Previous Owner 477 East 16 Ph Llc $805,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $3,125,000 0.0% $868 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $3,125,000 -- $868 / 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 $11,004 $154,140 $30,000 $124,140
2024 $11,004 $121,740 $30,000 $91,740
2023 $10,661 $149,340 $30,000 $119,340
2022 $9,998 $122,040 $30,000 $92,040
2021 $10,061 $129,720 $30,000 $99,720
2020 $4,777 $157,320 $30,000 $127,320
2019 $9,551 $174,000 $30,000 $144,000
2017 $6,838 $33,546 $8,925 $24,621
2016 $6,327 $31,648 $10,401 $21,247
2015 $3,817 $29,859 $10,516 $19,343
2014 $3,817 $29,859 $12,616 $17,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10746983

Real Estate Board of New York (REBNY)

APN: 05180-0072