NOT LISTED FOR SALE

Estimated Value: $1,264,000 - $1,787,000

3 Beds
2 Baths
1,186 Sq Ft
$484/mo HOA Fee

Last Sold August 06, 2024

Last sale price $1,250,000 $1,054 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,272/month

22 Days on Market

About This Home

As of August 2024

Generously proportioned and well-lit, two and a half-bedroom ("half-bedroom" is 9'9"x7'6" and fits a full bed), 1186sf condominium on beautiful tree-lined block of Park Place just off vibrant Franklin Avenue.

Two flights up, with bright bay windows overlooking verdant treetops and Romanesque revival brick and brownstone facades. The living and dining space is 26'8" deep and 10'7" wide, with plenty of room for a comfortable living area and a large dining room table. The open 10'10"x10'4" windowed kitchen provides additional seating with a breakfast bar peninsula island and plenty of counter and cabinet space, along with stainless steel appliances, a pantry, and a large storage closet.

Nestled towards the rear of the apartment, the primary bedroom is a generous king-sized 13'11"x10'10" with en-suite bathroom with stall shower and a large walk-in-closet. At the back of the apartment, the second bedroom is 14'7"x 9'7" with a large double-doored closet and southern and western exposures. There is a 73sf 9'9"x7'6" windowed room off the living area (at front of apartment) that can be used as an office or additional sleeping room (it fits a full bed, but advertising guidelines do not label rooms under 80sf as bedrooms). Next to the kitchen the hallway opens up to a windowed 6'9" space that can accommodate a small home office/desk/reading nook. Past this hall study nook is a full second bath with bathtub.

There are a total of five closets, including primary bedroom walk-in-closet, second bedroom large double-door closet, large hall-closet past kitchen, pantry in kitchen, and hallway utility-closet containing stacked washing machine and vented gas dryer as well as boiler. Home features finished exposed brick walls, hardwood floors throughout, 9ft ceilings, and an approximately 4x6ft storage cage in the basement.

658 Park Place is a 9-unit barrel-front limestone pre war condo completely renovated and converted in 2009. In addition to private storage cages, condo provides bike storage and a custodian to handle garbage removal, snow shoveling and custodial work in the common areas. The building is pet friendly with low monthly common charges of $483.87 (as of May 2024). The J-51 tax exemption and abatement has current (as of May 2024) taxes of $122.25 per month. Tentative taxes next period with J-51 are projected at $192.54/month (please confirm numbers with department of finance). J-51 exemption fully expires in 2025 and remainder on the abatement soon after - but with no exemption or abatement at all current taxes would only be $379.76/month (please confirm numbers with department of finance).

On Park Place directly off Franklin Avenue, this is the most vibrant section of prime Crown Heights, with close access to the 2,3,4,5 & S trains, and neighborhood hot spots such as Chavela's,Mayfield,Franklin Park,Little Zelda Coffee & Wine,Crown Inn, Bien Cuit, Covenhoven, Cafe Rue Deux and Cent'Anni right around the corner. Excellent gourmet grocers and wine stores are also moments away. This location is not to be beat.



Last Agent to Sell the Property

Jonah Cohen

Corcoran Group License #10301209913 Listed on: 05/23/2024

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,193

Year Built

  • Built in 1931

HOA Fees

  • $484 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,186 Sq Ft Home
  • 4-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • No Cooling

Community Details

  • 9 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 1007 / 01238

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,193

Year Built

Built in 1931

Lot Details

0

HOA Fees

$484 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1186.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 484.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 9
  • Total Stories: 4
  • Year Built: 1931

Tax Info

  • Tax Block: 01238
  • Tax Lot: 1007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Apr 26, 2016
Sold by
Goldsmith Adam
Bought by
Smith Lucia
Seller's Agent
Wendy Stephenson
Compass
Current Estimated Value
$1,596,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$409,038
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,187,041

Purchase Details

Closed on
Dec 8, 2009
Sold by
Bk Realty Corp
Bought by
Goldsmith Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Smith Lucia $1,165,000 --
Goldsmith Adam $539,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lucia $515,000
Previous Owner Goldsmith Adam $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Sold $1,250,000 0.0% $1,054 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $1,250,000 -- $1,054 / Sq Ft
05/09/2016 05/09/16 Sold -- -- -- View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
09/11/2015 09/11/15 For Sale -- -- --
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 $5,193 $166,029 $14,033 $151,996
2024 $5,193 $172,016 $14,033 $157,983
2023 $1,697 $165,343 $14,033 $151,310
2022 $679 $162,474 $14,033 $148,441
2021 $199 $150,436 $14,033 $136,403
2020 $150 $165,218 $14,033 $151,185
2019 $0 $170,645 $14,033 $156,612
2018 $1,653 $33,941 $2,787 $31,154
2017 $1,628 $32,704 $3,168 $29,536
2016 $1,613 $31,560 $3,370 $28,190
2015 -- $30,232 $3,849 $26,383
2014 -- $27,993 $3,951 $24,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10961104

Real Estate Board of New York (REBNY)

APN: 01238-1003