NOT LISTED FOR SALE

581 Putnam Ave Unit 4 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $928,000 - $1,224,000

2 Beds
1 Bath
923 Sq Ft
$421/mo HOA Fee

Last Sold July 28, 2022

Last sale price $999,999 $1,083 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,161/month

2,203 Days on Market

Highlights

  • City View
  • Intercom
  • Central Air
  • Pre War Building
  • Entrance Foyer

About This Home

As of July 2022

Come home to this gorgeous boutique 2BR condo with private roofdeck carefully crafted just a few years ago by the one-and-only Brooklyn Home Company!

Just three easy flights up, you walk into a beautifully proportioned living/dining area, high ceilinged and brilliantly bright, with wide plank white oak floors and multiple oversized windows across the eastern front. Plenty of space for formal dining and entertaining! The open kitchen is replete with breakfast bar seating, elegant shaker style cabinets, Pietra Cardosa countertops, a paneled Meile dishwasher, Maytag double-doored stainless fridge and a high-end stainless Wolf range capable of cooking for an army! The bathroom is equipped with beautifully tiled floors, a Toto dual flush commode and a beautifully crafted custom wood frame medicine cabinet. To the rear of the home is the washer/dryer, and there are two spacious and quiet bedrooms with ample closet space and beautiful townhouse garden views. And the true pice de rsistance is your very own private and breezy outdoor roofdeck! Almost 19' x 24', with 360 degree views of brownstone Brooklyn, you'll never tire of hosting summer BBQs, happy hours, epic sunny WFH sessions and more.

581 Putnam is a four unit townhouse originally built in 1899 and renovated by the Brooklyn Home Company in 2017. Incredibly low common charges are sure to delight, and this home comes with your own deeded basement storage space. Located on a lush tree-lined brownstone block in Brooklyn's Bedford Stuyvesant neighborhood, this one is close to tons of bustling shops, cafs, and restaurants like the beloved Saraghina just around the corner.

Last Agent to Sell the Property

Jesse Shafer

Compass License #30SH1066532 Listed on: 05/03/2022

Compass

Co-Listed By

Nina Hausner

Compass License #10401272454

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1899

HOA Fees

  • $421 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 923 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • City Views
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 74 / 1644

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,304

Year Built

Built in 1899

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Cross Street: Marcus Garvey Boulevard/Lewis Avenue
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 923.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 421.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1644
  • Tax Lot: 74
  • Tax Annual: 2304.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jul 28, 2022
Sold by
Beyer Zoe
Bought by
Alberts Roxanne and Holzer Willem
Seller's Agent
Jesse Shafer
Compass
List Price
$965,000
Sold Price
$999,999
Premium/Discount to List
$34,999
3.63%
Current Estimated Value
$1,038,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,921
Avg. Annual Appreciation
1.19%
Original Mortgage
$650,000
Outstanding Balance
$622,884
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$416,036

Purchase Details

Closed on
Apr 13, 2017
Sold by
581 Putnam Avenue Llc
Bought by
Beyer Zoe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,101
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alberts Roxanne $999,999 --
Beyer Zoe $822,437 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alberts Roxanne $650,000
Previous Owner Beyer Zoe $424,101
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $999,999 +3.6% $1,083 / Sq Ft
05/03/2022 05/03/22 Price Changed $965,000 0.0% $1,046 / Sq Ft
05/03/2022 05/03/22 For Sale $965,000 -3.5% $1,046 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
05/10/2016 05/10/16 For Sale $999,999 -- $1,083 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $2,975 $158,625 $13,500 $145,125
2024 $2,975 $151,425 $13,500 $137,925
2023 $2,703 $155,700 $13,500 $142,200
2022 $2,465 $153,000 $13,500 $139,500
2021 $2,304 $122,400 $13,500 $108,900
2019 $2,383 $98,955 $13,500 $85,455
2018 $2,321 $18,252 $2,988 $15,264
2017 $2,150 $16,900 $3,199 $13,701
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10785944

Real Estate Board of New York (REBNY)

APN: 01644-1204