NOT LISTED FOR SALE

Estimated Value: $4,767,000 - $5,829,233

Studio
-- Bath
4,152 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $3,125,000 $753 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $28,147/month

138 Days on Market

About This Home

As of September 2015

This classic Arts and Crafts Townhouse is located on the most coveted block in Park Slope: Third Street. Designed by Mann and MacNeille in 1910, this beautiful home features elaborate brickwork and is one of a series of townhouses at the entrance of Prospect Park. The original configuration remains as a four story, double duplex with an English basement. Separate entrances and staircases lead up to a center stair. In the same family for decades, this 20 foot wide townhouse boasts high ceilings, oak floors, fireplaces and original period details. Easily turned into a spectacular one family home, this is an opportunity that should not be missed.

Last Agent to Sell the Property

Rita van Straten

Douglas Elliman Real Estate License #10301214275 Listed on: 03/25/2015

Douglas Elliman Real Estate

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 1,917

Home Design

  • Pre War Building

Interior Spaces

  • 4,152 Sq Ft Home
  • 4-Story Property

Community Details

  • 2 Units
  • Parkslop Subdivision

Listing and Financial Details

  • Tax Block 1081

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Cross Street: Prospect Park West
  • Delivered Vacant: No
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Living Area: 4152.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Total: 0

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1081
  • Building Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Sep 10, 2015
Sold by
Christopher E Smith Trustee and Louise C Smith Trustee
Bought by
Prospect Park Rowhouse Llc
Seller's Agent
Rita van Straten
Douglas Elliman Real Estate
List Price
$3,200,000
Sold Price
$3,125,000
Premium/Discount to List
-$75,000
-2.34%
Current Estimated Value
$5,139,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,014,058
Avg. Annual Appreciation
4.91%
Original Mortgage
$1,500,000
Outstanding Balance
$1,173,278
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,965,780

Purchase Details

Closed on
Jun 3, 2011
Sold by
Smith Carmita M and Smith Christopher E
Bought by
Smith Carmita M and Smith Christopher E

Purchase Details

Closed on
May 9, 2003
Sold by
Smith Carmita M
Bought by
Smith Carmita M and Smith Christopher

Purchase Details

Closed on
May 4, 1998
Sold by
Smith Edward J
Bought by
Smith Edward J and Smith Carmita M
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
Prospect Park Rowhouse Llc $3,125,000 --
Prospect Park Rowhouse Llc $3,125,000 --
Prospect Park Rowhouse Llc $3,125,000 --
Smith Carmita M -- --
Smith Carmita M -- --
Smith Carmita M -- --
Smith Carmita M -- --
Smith Edward J -- --
Smith Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prospect Park Rowhouse Llc $1,500,000
Closed Prospect Park Rowhouse Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2015 09/10/15 Sold $3,125,000 -2.3% $753 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $3,200,000 -- $771 / 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 $17,531 $314,520 $48,180 $266,340
2024 $17,531 $300,600 $48,180 $252,420
2023 $17,675 $361,320 $48,180 $313,140
2022 $16,394 $295,740 $48,180 $247,560
2021 $17,191 $284,280 $48,180 $236,100
2020 $8,062 $313,140 $48,180 $264,960
2019 $15,215 $274,200 $48,180 $226,020
2018 $14,784 $72,526 $13,067 $59,459
2017 $13,950 $68,433 $11,251 $57,182
2016 $13,608 $68,071 $13,748 $54,323
2014 $7,567 $60,613 $16,324 $44,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060671

Real Estate Board of New York (REBNY)

APN: 01081-0026