NOT LISTED FOR SALE

Estimated Value: $1,606,000 - $1,744,000

2 Beds
1 Bath
836 Sq Ft
$229/ mo HOA Fee

Last Sold January 26, 2022

Last sale price $1,490,000 $1,782 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,107/month

40 Days on Market

Highlights

  • Pre War Building
  • P.S. 321 William Penn Rated A
  • Terrace

About This Home

As of January 2022

Location Location Location!

Less than a block from bucolic Prospect Park, this classic 2 bedroom condo with a huge private terrace has all the charm of historic Park Slope as well as the ease and convenience of a condo conversion.

Designed by Manhattan architect Woodruff Leeming in the neoclassical style, this building's stunning facade looks as glorious today as it did when it was envisioned in 1905 with a spectacular curved bay window bathing the 18'+ wide home with sunlight. An elegant, open concept living room affords ample space for a dining table and comfortable seating next to a decorative fireplace. Further seating is found at the large white marble peninsula--perfect for breakfast or for watching a meal created in the compact and highly functional kitchen, complete with JennAir and Kitchenaid appliances.

Down the hall to a wainscoted navy and white Victorian style bathroom and two bedrooms both with deep closets, then on to a beautiful and spacious walled terrace. Sit in the shade of a magnificent flowering dogwood tree or bask in the sun. This terrace really is everything!

-Ultra low common charges and a J51 tax abatement until 2037 make the carrying costs comfortable.

-Central heating plus a mini split heating and cooling system.

-Storage and a bike rack in the basement.

-Super easy for the F/G trains and a short distance to the 2, 3, B and Q.

Last Agent to Sell the Property

Emma James

Corcoran Group License #10401293345 Listed on: 10/06/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1920

HOA Fees

  • $229 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 836 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Terrace

Community Details

  • 4 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Tax Block 01083

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,104

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

HOA Fees

$229 per month

Listing Details

  • Cross Street: 8 AVENUE and PROSPECT PARK WEST
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 836.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 229.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4
  • Year Built: 1920

Tax Info

  • Tax Block: 01083
  • Tax Annual: 1104.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 26, 2022
Sold by
National Residential Nominee Services I
Bought by
Lee Nancy and Lee Peter
Seller's Agent
Emma James
Corcoran Group
List Price
$1,495,000
Sold Price
$1,490,000
Premium/Discount to List
-$5,000
-0.33%
Current Estimated Value
$1,666,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,454
Avg. Annual Appreciation
2.73%
Original Mortgage
$1,192,000
Outstanding Balance
$1,102,773
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$563,681

Purchase Details

Closed on
Sep 30, 2020
Sold by
Matson Brenton and Matson Emily Howells
Bought by
Sturgess Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,638
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2015
Sold by
565-5Th Street Llc
Bought by
Matson Brenton and Matson Emily Howells

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Interest Rate
4.08%
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
Lee Nancy $1,490,000 --
Lee Nancy $1,490,000 --
National Residential Nominee Services I $1,490,000 --
Lee Nancy $1,490,000 --
National Residential Nominee Services I $1,490,000 --
Sturgess Kate $1,460,000 --
Sturgess Kate $1,460,000 --
Sturgess Kate $1,460,000 --
Matson Brenton $1,342,136 --
Matson Brenton $1,342,136 --
Matson Brenton $1,342,136 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open National Residential Nominee Services I $1,192,000
Closed Lee Nancy $1,192,000
Previous Owner Sturgess Kate $205,638
Previous Owner Matson Brenton $1,064,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2022 05/04/22 Off Market $1,490,000 -- --
01/26/2022 01/26/22 Sold $1,490,000 -0.3% $1,782 / Sq Ft
10/06/2021 10/06/21 For Sale $1,495,000 -- $1,788 / 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 $2,481 $221,523 $3,268 $218,255
2024 $2,481 $184,614 $3,268 $181,346
2023 $1,414 $153,845 $3,268 $150,577
2022 $960 $151,179 $3,268 $147,911
2021 $1,072 $120,909 $3,268 $117,641
2019 $1,140 $97,828 $3,268 $94,560
2018 $2,012 $34,377 $1,378 $32,999
2017 $1,997 $31,831 $1,477 $30,354
2016 $2,284 $17,715 $3,268 $14,447
2015 -- $17,707 $3,268 $14,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10754202

Real Estate Board of New York (REBNY)

APN: 01083-1103

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