NOT LISTED FOR SALE

Estimated Value: $5,820,000 - $6,170,000

6 Beds
5 Baths
3,840 Sq Ft
$1,563/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $4,350,000 $1,133 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $33,276/month

57 Days on Market

About This Home

As of April 2021

There is no other block like the Park block of 3rd St. A wide street, the houses all set back from the broad sidewalk, each with its own iteration of a gorgeous year-round garden.

As you open the glass and wrought iron gate of 589 and stand in the tiled vestibule replete with wedding cake molding, you are not quite sure where to look first: look down at the intricate three patterned parquet designed floor or straight ahead 40 feet into the kitchen .

The front parlor is an open space which easily divides Itself into two separate seating areas. Through the windowed formal dining room which easily seats 14 persons (or 6 socially distant), is the kitchen. It features windows on two sides and floor to ceiling wood cabinets, stainless steel countertop, marble topped workspace, and top of the line appliances, of course. A few steps down is the fenced in backyard with comfy plush outdoor furniture, both a gas and a charcoal grill and an outdoor projector screen. Hard to believe you are still in Brooklyn .

That back stairway also leads to a W.C, laundry room with just purchased oversized washer and dryer, a second refrigerator and plenty of storage for those little used dishes and cookware. The next area of the basement houses the new Gas fired boiler, oversized AO Smith water heater, and the guts of the two zoned CAC system. Continuing to the front is the rec room which now houses all the gym equipment. This room can also be accessed from the front of the house or via a stairway to the living room.

The floor above the parlor features the primary bedroom with an en-suite bath which is also accessible from the hall. The back bedroom with its half bath is now being used as the media room.

The top floor has four bedrooms one with an en-suite bath which is also accessed from the hall and another with its own en-suite bath.

The house is light and bright with a vibe that says happy people live here.

Last Agent to Sell the Property

Michael Petrosino

Corcoran Group License #10301212043 Listed on: 12/03/2020

Corcoran Group

Co-Listed By

Janice Cimberg

Corcoran Group License #30CI0638471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,976

Lot Details

  • 1,742

Interior Spaces

  • 3,840 Sq Ft Home
  • 4-Story Property
  • Decorative Fireplace
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Community Details

  • Park Slope Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,976

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Living Area: 3840.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Apr 15, 2021
Sold by
Brown Carl D and Brown Elizabeth A
Bought by
Bane Kristin and Bane Michael
Seller's Agent
Michael Petrosino
Corcoran Group
List Price
$4,350,000
Sold Price
$4,350,000
Current Estimated Value
$6,001,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,651,648
Avg. Annual Appreciation
7.50%
Original Mortgage
$1,088,822
Outstanding Balance
$983,074
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,018,574

Purchase Details

Closed on
Aug 6, 2007
Sold by
Olesen Robin E and Wegner Peter
Bought by
Brown Carl D and Brown Elizabeth Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.67%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Marino Muriel
Bought by
Wegner Peter and Olesen Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Bane Kristin $4,350,000 --
Brown Carl D $3,500,000 --
Brown Carl D $3,500,000 --
Wegner Peter $989,500 Ticor Title Insurance Compan
Wegner Peter $989,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bane Kristin $1,088,822
Previous Owner Brown Carl D $425,000
Previous Owner Brown Carl D $1,152,428
Previous Owner Wegner Peter $65,000
Closed Wegner Peter $742,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $4,350,000 0.0% $1,133 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $4,350,000 -- $1,133 / 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 $15,976 $315,660 $41,220 $274,440
2024 $15,976 $303,360 $41,220 $262,140
2023 $16,104 $372,240 $41,220 $331,020
2022 $14,935 $304,320 $41,220 $263,100
2021 $15,669 $277,380 $41,220 $236,160
2020 $7,350 $280,500 $41,220 $239,280
2019 $13,866 $263,340 $41,220 $222,120
2018 $13,470 $66,078 $10,101 $55,977
2017 $12,709 $62,346 $10,500 $51,846
2016 $12,404 $62,046 $10,244 $51,802
2015 $7,094 $58,548 $13,459 $45,089
2014 $7,094 $55,239 $15,238 $40,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10771544

Real Estate Board of New York (REBNY)

APN: 01079-0066