NOT LISTED FOR SALE

Court Street Lofts 505 Court St Unit 5C Brooklyn, NY 11231

Carroll Gardens Neighborhood

Estimated Value: $1,068,000 - $1,191,000

2 Beds
1 Bath
986 Sq Ft
$1,144/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $950,000 $963 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,649/month

About This Home

As of June 2021

505 Court Street, Carroll Gardens, Brooklyn 11231

Welcome to Court Street Lofts ! The best of pre-war character with 11? foot ceilings and oversized widows but the modern conveniences of a full service condominium with gracious lobby and elevators. Renovation of Apt 5C was completed in 2018 with new floors throughout, updated kitchen and bath, finished closets. Windows in the living room and the bedrooms are fitted with custom double shades to control light.

An entrance foyer opens to a large living space with separate area for dining. West facing windows allow streaming sunlight. There are two well proportioned bedrooms, each can fit a queen bed, each has generous closets.

Building with full time doorman service, laundry room, bike storage, fitness center, and a beautiful landscaped garden. Pet friendly ! Heat, hot water and cooking gas included.

With close proximity to G and F trains, and easy access to the BQE and Citibikes, Carroll Gardens offers tree lined streets with low buildings for bright skies and light. Your choice of restaurants including Buttermilk Channel,

Mezcal, Le Petit Café plus charming specialty shops that make up this special neighborhood.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Jun 25, 2021
Sold by
Meagher James Peter
Bought by
505 Court Street 5C Llc
List Price
$978,000
Sold Price
$950,000
Premium/Discount to List
-$28,000
-2.86%
Current Estimated Value
$1,127,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,838
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
Dec 2, 2009
Sold by
Court Lofts Rp Llc
Bought by
Meagher James Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,225
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
505 Court Street 5C Llc $952,000 --
Meagher James Peter $246,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meagher James Peter $160,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $950,000 -2.9% $963 / Sq Ft
09/02/2020 09/02/20 For Sale $978,000 -- $992 / Sq Ft

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 $9,631 $88,605 $3,816 $84,789
2024 $9,631 $86,057 $3,816 $82,241
2023 $9,014 $83,372 $3,816 $79,556
2022 $8,383 $79,446 $3,816 $75,630
2021 $6,141 $64,678 $3,816 $60,862
2020 $6,131 $71,636 $3,816 $67,820
2019 $5,595 $68,263 $3,816 $64,447
2018 $6,835 $63,528 $3,817 $59,711
2017 $6,264 $61,359 $3,662 $57,697
2016 $5,862 $52,615 $3,662 $48,953
2015 $3,411 $46,852 $3,662 $43,190
2014 $3,411 $44,369 $3,662 $40,707
Source: Public Records

About Court Street Lofts

Map

New York Kings County Brooklyn 11231 Carroll Gardens

505 Court St Unit 5C, Brooklyn, NY

This home is located at 505 Court St Unit 5C, Brooklyn, NY 11231 and is currently estimated at $1,127,838, approximately $1,143 per square foot. 505 Court St Unit 5C is a home located in Kings County with nearby schools including P.S. 58 - The Carroll, PAVE Elementary, and International School of Brooklyn.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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