NOT LISTED FOR SALE

Estimated Value: $815,165 - $879,000

1 Bed
1 Bath
733 Sq Ft
$662/ mo HOA Fee

Last Sold March 10, 2021

Last sale price $720,000 $982 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,675/month

167 Days on Market

Highlights

  • City View
  • 3-minute walk to Smith-9 Streets
  • Eat-In Kitchen
  • P.S. 58 - The Carroll Rated A
  • 35,691 Sq Ft lot
  • 2-minute walk to St Mary's Playground

About This Home

As of March 2021

505 Court Street Lofts is the premiere full-service building in Carroll Gardens. This rarely available LOFT penthouse is one of the highest floor lofts in Brooklyn with over 18' ceiling heights in some places. Enter into your foyer area with a floor-to-ceiling closet that makes it easy to get comfy! Enjoy whipping up a gourmet meal in your open kitchen/dining area featuring stainless steel GE Profile appliances, dishwasher, microwave and granite counter tops. There's an open floor plan so you can CREATE your own one bedroom OASIS along with a wall of closets and polished wood floors. The over sized windows boast an abundance of Sunshine all day long plus skyline, Freedom Tower & Downtown Brooklyn views. This elevator building offers a 24 hour concierge, fitness center, laundry facilities, bike storage, and a spectacularly manicured common landscaped garden in the interior courtyard of the building. Built in 1918 as a candy factory, much of its industrial character has been preserved. Enjoy many of the local eateries, cafes, family-owned shops and local boutiques, easy access to F/G trains & multiple buses. You will barely want to leave the neighborhood though: Brooklyn Bridge Park & Prospect Park are a mere five minutes from the front door and minutes to Smith Street and Atlantic Avenue. Live close to the A-C-4-5-2-3-R trains or hail a cab on Clinton Street. Blocks to the redesigned dog park, Citi bike at the corner and near NYC water taxis too.

Last Agent to Sell the Property

Angela Ruggiero

Brownstone Real Estate LLC License #40RU0940205 Listed on: 08/13/2020

Co-Listed By

Allison Boggio

Revived Residential License #10401254763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 2006

Lot Details

  • 0.82

HOA Fees

  • $662 Monthly HOA Fees

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 733 Sq Ft Home
  • Entrance Foyer
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Courtyard

Listing and Financial Details

  • Tax Block 00476

Community Details

Overview

  • 124 Units
  • Carroll Gardens Subdivision
  • 10-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,664

Year Built

Built in 2006

Lot Details

0.82 Acres

HOA Fees

$662 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Entry Level: 10
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 733.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Courtyard

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 662.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 35691.0
  • Lot Size Dimensions: 91.12 x 214.5

Building Info

  • New Construction: No
  • Units: 124
  • Total Stories: 10
  • Year Built: 2006

Tax Info

  • Tax Block: 00476
  • Tax Annual: 5664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Mar 9, 2021
Sold by
Iwata Wade T
Bought by
Yeager Susan Rae
Seller's Agent
Angela Ruggiero
Brownstone Real Estate LLC
List Price
$795,000
Sold Price
$720,000
Premium/Discount to List
-$75,000
-9.43%
Current Estimated Value
$848,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,791
Avg. Annual Appreciation
3.33%
Original Mortgage
$576,000
Outstanding Balance
$516,605
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$332,186

Purchase Details

Closed on
Jul 19, 2008
Sold by
Court Lofts Rp Llc
Bought by
Iwata Wade
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Yeager Susan Rae $720,000 --
Iwata Wade $534,581 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeager Susan Rae $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $720,000 -9.4% $982 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
08/13/2020 08/13/20 For Sale $795,000 -- $1,085 / 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 $7,160 $65,867 $2,837 $63,030
2024 $7,160 $63,974 $2,837 $61,137
2023 $6,829 $61,977 $2,837 $59,140
2022 $5,126 $59,059 $2,837 $56,222
2021 $5,755 $48,080 $2,837 $45,243
2020 $4,053 $53,253 $2,837 $50,416
2019 $5,171 $50,746 $2,837 $47,909
2018 $5,081 $47,226 $2,838 $44,388
2017 $4,657 $45,614 $2,723 $42,891
2016 $4,358 $39,113 $2,722 $36,391
2015 $2,536 $34,829 $2,723 $32,106
2014 $2,536 $32,983 $2,723 $30,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10848665

Real Estate Board of New York (REBNY)

APN: 00476-1122

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