NOT LISTED FOR SALE

Estimated Value: $1,320,000 - $1,873,000

4 Beds
1.5 Baths
1,210 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $1,160,000 $959 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,568/month

60 Days on Market

Highlights

  • Eat-In Kitchen
  • Ditmas Junior High school Rated A-
  • Window Unit Cooling System

About This Home

As of April 2020

Beautiful, sunlit, fully-detached house in lovely Kensington! Make this 4 bedroom (2 in dormer top floor), 1.5 bath house your home! At approximately 1600 square feet, the house welcomes you with your lovely front porch, perfect for relaxing or socializing. The main floor consists of an open living room, enormous dining room, newly renovated powder room, lots of built-in storage/closets, and eat-in kitchen (two sinks available). Hardwood floors and lots of other charming details enhance this spacious home. The contemporary kitchen has sliding doors leading to a spacious outdoor deck, which then goes down to your very own large back yard! The upper two floors have two bedrooms each, spacious and carpeted, with the second floor having a lovely full renovated bath. Downstairs the unfinished basement is huge with standard height ceiling and washer dryer. This large open area provide tons of storage and can easily be set up as a recreation room. 501 East 5th is light and bright, centrally located just off Avenue C, close to the shops and restaurants on Cortelyou and Church avenues, the F,G trains and short walk to the Q train, as well as the B35, B67, B68 and B69 buses. Come see your new home!

Last Agent to Sell the Property

Peter Gordenstein

Compass License #10301200733 Listed on: 01/06/2020

Compass

Co-Listed By

Robin Tygar

Corcoran Group License #10401283758

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 3-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System

Community Details

  • Kensington Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Avenue C & Cortelyou Road
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kensington
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Marano Michael P
Bought by
2020 Resident Llc
Current Estimated Value
$1,543,669

Purchase Details

Listed on
Jan 6, 2020
Closed on
Apr 6, 2020
Sold by
Gottlieb Adam and Gottlieb Allison
Bought by
Traore-Rogers Tata
Seller's Agent
Peter Gordenstein
Compass
List Price
$1,195,000
Sold Price
$1,160,000
Premium/Discount to List
-$35,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Jul 25, 2017
Sold by
Marano Michael P
Bought by
501 E 5Th St Llc

Purchase Details

Closed on
Apr 8, 2011
Sold by
Stern Samuel
Bought by
Gottlieb Adam and Gottlieb Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2010
Sold by
American Brokers Conduit
Bought by
Stern Samuel

Purchase Details

Closed on
Nov 9, 2009
Sold by
Cohen Jerome
Bought by
American Brokers Conduit

Purchase Details

Closed on
Mar 17, 2005
Sold by
Beckmann Judith and Beckmann Deborrah Edelstein
Bought by
C C & W Management Corp and Beckmann Deborrah Edelstein
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2020 Resident Llc -- --
2020 Resident Llc -- --
2020 Resident Llc -- --
Traore-Rogers Tata $1,160,000 --
Traore-Rogers Tata $1,160,000 --
Traore-Rogers Tata $1,160,000 --
501 E 5Th St Llc -- --
501 E 5Th St Llc -- --
501 E 5Th St Llc -- --
Gottlieb Adam $575,000 --
Gottlieb Adam $575,000 --
Stern Samuel $394,000 --
Stern Samuel $394,000 --
American Brokers Conduit -- --
American Brokers Conduit -- --
C C & W Management Corp $402,000 --
C C & W Management Corp $402,000 --
Beckmann Judith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gottlieb Adam $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $1,160,000 -2.9% $959 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $1,195,000 0.0% $988 / Sq Ft
07/02/2018 07/02/18 Rented -- -- --
06/02/2018 06/02/18 Under Contract -- -- --
05/30/2018 05/30/18 For Rent $3,800 -- --
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 $5,757 $83,520 $18,780 $64,740
2024 $5,757 $69,180 $18,780 $50,400
2023 $4,936 $83,580 $18,780 $64,800
2022 $5,678 $86,160 $18,780 $67,380
2021 $5,648 $68,520 $18,780 $49,740
2020 $2,649 $62,580 $18,780 $43,800
2019 $4,997 $62,580 $18,780 $43,800
2018 $4,869 $23,886 $6,304 $17,582
2017 $4,832 $23,704 $9,866 $13,838
2016 $4,471 $22,364 $10,558 $11,806
2015 $2,697 $21,099 $11,618 $9,481
2014 $2,697 $19,905 $12,828 $7,077
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10606383

Real Estate Board of New York (REBNY)

APN: 05374-0086