NOT LISTED FOR SALE

Estimated Value: $2,020,000 - $2,706,380

Studio
-- Bath
3,130 Sq Ft
$771/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $2,225,000 $711 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,125/month

193 Days on Market

About This Home

As of May 2017

In 1890 developer F. C. Swimm hired the prolific architecture firm of Amzi Hill and Son to design this beautiful Queen Anne 3,000 plus square foot brownstone. The house has been owned by many notable people throughout the years including the Timothy Thomas Fortune family who were influential editors in one of the nation's leading newspaper "The New York Age." Today the handsome three family house contains three stories plus a garden basement and lower cellar on an 1800 square foot lot. The roof, electric, and other mechanicals have been recently updated. The dwelling offers many coveted period details that this style of home is known for such as wood flooring, crown moldings, waist-high wainscoting, decorative plaster walls and high ceilings. This house contains four carved- original wood mantels. Each floor contains large windows that bring in abundant natural light. The front view overlooks a beautiful south facing tree lined street and the very quaint rear view looks out onto the backyard garden that has been transformed into a private Eden. The owner's unit spans three levels including a finished cellar/playroom. This unique apartment has three bedrooms, two and a half high-quality baths. A large south-facing oriel window with original stain glass brings much light into the parlor/dining area that reaches into the fantastic modern kitchen. Another plus is that this unit leads into the handsomely landscaped rear yard. The sun filled top two floor apartments each have an open great room with an alcove that greets you when you enter. Both apartments have new, living/ dining areas and kitchens finished with chic materials and stainless steel appliances. Each unit has a spacious bedroom and plenty of closet space with plenty of storage. This layout allows for easy modern living inside and out and would be perfect for anyone who enjoys brownstone living. This home is located in the proposed Stuyvesant East Historic District which is an area containing a large collection of stunning 19th-century townhomes, French Style flats, and Victorian civic buildings. The surrounding blocks are row after row of two and three-story plus basement exquisitely designed townhouses set upon a broad tree lined streets and avenues. Developed between 1861 and 1910, this section of Bedford Stuyvesant is an almost exclusively residential neighborhood with small businesses, shops, and fine restaurants such as Chez Oskar, Casablanca, L'Antagoniste, Peaches, and Sarahgina restaurant bakery and bar which all service the community. This home is conveniently located to multiple bus lines and A/C express stop. Community playgrounds; parks are all very conveniently located.

Last Agent to Sell the Property

Morgan Munsey

Compass License #10401246141 Listed on: 10/05/2016

Compass

Co-Listed By

Donna Myrie

Brown Harris Stevens Brooklyn LLC License #40MY1136723

Home Details

Home Type

  • Single Family

Lot Details

  • 1,742

Community Details

  • Bedford Stuyvesant Subdivision

Home Details

Home Type

Single Family

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Building Info

  • Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
May 12, 2017
Sold by
581 Macon Street Ph Llc
Bought by
Davis Jason and Johnston Ellen
Seller's Agent
Morgan Munsey
Compass
List Price
$2,300,000
Sold Price
$2,225,000
Premium/Discount to List
-$75,000
-3.26%
Current Estimated Value
$2,414,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,095
Avg. Annual Appreciation
0.94%
Original Mortgage
$214,250
Outstanding Balance
$177,536
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$2,236,559

Purchase Details

Closed on
Jul 1, 2015
Sold by
Hyland Princess and Hyland Stephen
Bought by
581 Macon Street Ph Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1996
Sold by
Ocean Management Corp
Bought by
Hyland Princess and Hyland Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 1995
Sold by
Nowlin William
Bought by
Ocean Management Corp
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
Davis Jason $2,219,000 --
581 Macon Street Ph Llc $1,150,000 --
Hyland Princess $195,000 Commonwealth Land Title Ins
Ocean Management Corp $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jason $214,250
Previous Owner 581 Macon Street Ph Llc $1,450,000
Previous Owner Hyland Princess $194,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $2,225,000 -3.3% $711 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
10/06/2016 10/06/16 For Sale $2,300,000 -- $735 / 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 $8,271 $129,420 $20,820 $108,600
2024 $8,271 $102,240 $20,820 $81,420
2023 $7,890 $112,140 $20,820 $91,320
2022 $7,317 $89,100 $20,820 $68,280
2021 $7,277 $96,060 $20,820 $75,240
2019 $7,183 $108,780 $20,820 $87,960
2017 $6,415 $31,471 $7,552 $23,919
2016 $4,107 $22,094 $7,158 $14,936
2015 $2,444 $22,094 $10,726 $11,368
2014 $2,444 $21,896 $12,753 $9,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061566

Real Estate Board of New York (REBNY)

APN: 01667-0070

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