NOT LISTED FOR SALE

Estimated Value: $2,117,000 - $2,670,115

3 Beds
2 Baths
2,000 Sq Ft
1920 Built

Sale Details

Date Sold: September 4, 2013

Last sale price $1,500,000 $750 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $14,006 / mo

152 Days on Market

Highlights

  • Rooftop Deck
  • Pre War Building
  • Intercom
  • P.S. 39 Henry Bristow Rated A

About This Home

As of September 2013

Dripping with charm and detail, 586 5th Street #2 is the rarest of offerings: a duplex condo ? half of a brownstone - on a park block in prime Park Slope. Flexible floor plan allows for three or more bedrooms, two full baths, and a large laundry/office. Beautiful bow-fronted townhouse on a glorious tree-lined street, a half block from Prospect Park.

Sprawling over two full floors, this home provides gracious living, easy entertaining, and ample storage. The prewar detail includes four decorative fireplaces, plaster moldings, parquet floors and high ceilings. The building is 20? wide and over 50? deep, and the condo includes both a parlor-level entrance and exclusive roof rights.

Current taxes for the unit are $529/mo. The $500/mo common charge covers heat, hot water, and general maintenance. This self-managed building is mechanically up to date. New furnace: 2006, new hot water heater: 2008, new roof: 2011.

Last Agent to Sell the Property

Tina Fallon

Realty Collective LLC License #40FA1119233 Listed on: 03/06/2013

Realty Collective LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1920

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 7503 / 1085

Community Details

Overview

  • Park Slope Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,348

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

HOA Fees

$500 per month

Listing Details

  • Cross Street: 8th Avenue/Prospect Park West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Living Area: 2000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 500.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 1085
  • Tax Lot: 7503
  • Tax Annual: 6348.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
Aug 15, 2013
Sold by
Griffith Thomas and Ryan Mary
Bought by
Baity Oceana and Timoney Michael
Seller's Agent
Tina Fallon
Realty Collective LLC
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$2,383,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,029
Avg. Annual Appreciation
3.73%
Original Mortgage
$1,200,000
Outstanding Balance
$885,112
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,497,917

Purchase Details

Closed on
Oct 1, 2008
Sold by
Conrad Cass and Griffith Thomas
Bought by
Griffith Thomas and Ryan Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Baity Oceana $1,500,000 --
Baity Oceana $1,500,000 --
Griffith Thomas -- --
Griffith Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baity Oceana $1,200,000
Closed Baity Oceana $1,200,000
Closed Griffith Thomas $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2013 09/04/13 Sold $1,500,000 0.0% $750 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $1,500,000 -- $750 / 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 $10,312 $162,120 $8,610 $153,510
2024 $10,312 $146,400 $8,610 $137,790
2023 $10,427 $179,640 $8,610 $171,030
2022 $9,654 $151,350 $8,610 $142,740
2021 $10,062 $151,350 $8,610 $142,740
2020 $24 $133,830 $8,610 $125,220
2019 $8,951 $116,370 $8,610 $107,760
2018 $8,722 $42,787 $3,307 $39,480
2017 $8,656 $42,465 $3,543 $38,922
2016 $8,009 $40,062 $4,037 $36,025
2015 $4,832 $37,795 $4,709 $33,086
2014 $4,832 $35,656 $4,584 $31,072
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10063515

Real Estate Board of New York (REBNY)

APN: 01085-1202

Your Personal Tour Guide

Ask me questions while you tour the home.