NOT LISTED FOR SALE

Estimated Value: $1,601,000 - $1,965,000

3 Beds
2 Baths
2,490 Sq Ft
$723/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $1,280,000 $514 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,820/month

123 Days on Market

About This Home

As of November 2018

New price! Welcome to 5 Hampton Place, a 3 story, 2 family house in the Crown Heights North III Historic District. Situated on a coveted mid block street between Park and Sterling place, the home feels like a private enclave, close to urban amenities but removed from the traffic and noise of surrounding streets. Constructed in 1902 in the Colonial Revival style, various Colonial motifs such as Gibbs surrounds and large splayed lintels remain. For the last 50 years, the house has been owned by the same family and is now ready for someone to bring their vision to life and create the home of their dreams. All the beautiful elements await your restoration including original inlaid floors, mosaic tile, wood trim and moldings, and beautifully sliding pocket doors. The current layout has the main kitchen, laundry room and dining room on the ground floor which can be easily converted into a one bedroom apartment for $2200 a month. There is also a small kitchen on the top floor which can be combined with the parlor level as an owners duplex. All the bones and beauty are intact waiting for you to blend the historic elements of the house with your modern vision. Just a short walk to the 3 (Kingston Ave station), 4 (Utica Ave station), or C (Kingston Throop) subway lines and is blocks away from the Brooklyn Kid Museum and Bower Park. At 2490 square feet with 1224 additional buildable, design your home on this highly coveted block, in this community today.

Last Agent to Sell the Property

Ronit Abraham

Compass License #10301218736 Listed on: 06/10/2018

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Tax Block 1244

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 3

Building Info

  • Units: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Grunau Rachel
Bought by
Harrison Sarah and Harrison Van Heuvelen
Current Estimated Value
$1,799,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,199,200
Outstanding Balance
$2,092,183
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$292,343

Purchase Details

Listed on
Jun 10, 2018
Closed on
Nov 15, 2018
Sold by
Christopher Jones Administrator
Bought by
Grunau Rachel
Seller's Agent
Ronit Abraham
Compass
List Price
$1,399,000
Sold Price
$1,280,000
Premium/Discount to List
-$119,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$716,770
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Harrison Sarah $2,749,000 --
Grunau Rachel $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Sarah $2,199,200
Previous Owner Grunau Rachel $716,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $1,280,000 -8.5% $514 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $1,399,000 -- $562 / 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 $4,677 $93,960 $18,180 $75,780
2024 $4,677 $89,820 $18,180 $71,640
2023 $4,730 $93,600 $18,960 $74,640
2022 $4,614 $76,620 $18,960 $57,660
2021 $4,589 $71,220 $18,960 $52,260
2020 $3,442 $72,060 $18,960 $53,100
2019 $4,060 $67,800 $18,960 $48,840
2018 $3,369 $19,407 $5,575 $13,832
2017 $3,680 $19,260 $8,732 $10,528
2016 $3,402 $18,170 $11,127 $7,043
2015 $1,852 $17,143 $15,752 $1,391
2014 $1,852 $16,173 $12,643 $3,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10423235

Real Estate Board of New York (REBNY)

APN: 01244-0040