NOT LISTED FOR SALE

Estimated Value: $2,177,000 - $2,700,000

4 Beds
3 Baths
2,408 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $2,200,000 $914 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,339/month

8 Days on Market

About This Home

As of January 2022

There's a story behind this house.... Come to the open house or request a personal showing and find out!
Nestled between Brooklyn's two most prized green spaces, Prospect Park and Green-Wood Cemetery, in the small-town neighborhood of Windsor Terrace, just off the main drag along Prospect Park West, stands 508 17th Street, a 3-story, frame, multi-unit house on a 20 X 100 lot. This house has been lovingly renovated by the last two owners and is now used as one unit, although the second kitchen on the top floor could be easily restored. The garden floor has central AC, a huge living room, a 400 square foot, windowed, eat-in kitchen, a landscaped garden, and a fully built-out basement with three individual spaces. The parlor floor is divided into two bedrooms, with 10-foot ceilings, a bathroom, and a huge terrace, plus ceiling fans and a brand new AC splitter system. The top floor has its own new AC splitters, two additional bedrooms, a renovated bathroom, and an additional room which can serve as a bedroom or office. The present owners have completely remodeled over their ownership, highlighted by the addition of solar panels on the roof. These panels feed electricity into the Con Ed system, which results in extremely low electric bills, or none at all!. They have also installed new front steps, new fencing, and re-stained the deck and terrace in the palatial, double-level back yard. In addition, they added a new hot water heater, new doors, and a new interior stairway to complete the latest renovations. The previous owners installed a new natural gas boiler, 200-amp electrical service, new roof on the top floor as well as the extension, new siding front and rear, new built-ins, a vented washer/dryer, bamboo flooring, and new double-pane windows.
Windsor Terrace is one of the true treasures of Brooklyn with all the borough has to offer and 508 is in the center of it. The F/G train is just a few blocks away, as is the entrance to Prospect Park, Greenwood Cemetery, Nitehawk Prospect Park Cinema, restaurants like Double Windsor, Krupa Grocery, Le Paddock, a myriad of Kensington eateries, and just about anything else you could imagine. Come home and enjoy!

Last Agent to Sell the Property

Dan Brady

Corcoran Group License #40BR1159152 Listed on: 12/09/2021

Corcoran Group

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2408.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 27, 2022
Sold by
Fox Amy and Veilleux Zachary
Bought by
Bowers Nicholas and Dashoff Amy
Seller's Agent
Dan Brady
Corcoran Group
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$2,465,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,529
Avg. Annual Appreciation
2.79%
Original Mortgage
$1,760,000
Outstanding Balance
$1,632,304
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$833,225

Purchase Details

Closed on
Sep 19, 2017
Sold by
Bunting David G and Bunting Samantha
Bought by
Fox Amy and Veilleux Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,388,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2013
Sold by
Bunting
Bought by
Bunting David G and Bunting Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Laux William and Laux William J
Bought by
Bunting David G and Bunting Sarah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
4.95%
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
Bowers Nicholas $2,200,000 --
Fox Amy $1,735,000 --
Bunting David G -- --
Bunting David G $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Nicholas $1,760,000
Previous Owner Fox Amy $1,388,000
Previous Owner Bunting David G $498,100
Previous Owner Bunting David G $499,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $2,200,000 0.0% $914 / Sq Ft
01/18/2022 01/18/22 For Sale $2,200,000 0.0% $914 / Sq Ft
12/15/2020 12/15/20 Rented -- -- --
08/05/2020 08/05/20 For Rent $8,000 -- --
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 $6,117 $165,480 $24,300 $141,180
2024 $6,117 $138,000 $24,300 $113,700
2023 $4,272 $144,780 $24,300 $120,480
2022 $3,851 $145,920 $24,300 $121,620
2021 $3,828 $123,660 $24,300 $99,360
2020 $1,901 $111,300 $24,300 $87,000
2019 $5,309 $120,060 $24,300 $95,760
2018 $4,881 $23,943 $5,731 $18,212
2017 $4,308 $22,602 $5,201 $17,401
2016 $3,958 $21,349 $6,631 $14,718
2015 $2,352 $21,349 $9,945 $11,404
2014 $2,352 $21,150 $9,955 $11,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10753104

Real Estate Board of New York (REBNY)

APN: 00877-0012

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