NOT LISTED FOR SALE

Estimated Value: $2,643,000 - $3,635,000

7 Beds
5 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $1

Est. 317,226,600% increase in value since last sale

Current estimated payment $17,049/month

269 Days on Market

About This Home

As of May 2018

Built in 1905 as a grand single family home on the coveted " St. Marks Mansion Mile", this majestic five story Brick and Brownstone beauty boasts approximately 5,432 square feet. This huge 20' x 50' home has been meticulously and lovingly restored by its current owners - from the beautiful facade with fruited garlands and palmette friezes to the entry doors and the stunning foyer, there is no shortage of breathtaking period details. Seven 7 ornately carved and mirrored mantels , exquisite fretwork, an elegant stained glass transom, parquet floors and crafted wainscoting are some details which have been painstakingly restored and remain intact in this gorgeous home. Currently configured as a luxurious owner's duplex with a finished cellar and three renovated income producing floor through apartments - 2 two bedroom & 1 one bedroom apartment. All the electrical and mechanical systems have been upgraded with each unit having its own Peerless boiler, AO Smith hot water tank and individual electric and gas meters. You have lots of room to entertain outdoors in the expertly manicured backyard garden featuring a variety of fruit trees, beautiful flowering plants and a wood deck on the 150.58' lot. Conveniently located close to all your neighborhood favorites like Catfish, The Crabby Shack, King Thai, Connecticut Muffin, The Breukelen ,Nostrand Avenue Pub and Caf Rue Dix.Easy access to the A & C trains at Nostrand Avenue, the # 3 train at Nostrand Ave & Eastern Parkway and the Long Island Railroad.

Last Agent to Sell the Property

Howard Ramlal

Nest Seekers LLC License #40RA1043997 Listed on: 08/04/2017

Nest Seekers LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,006

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Community Details

  • 2 Units
  • Crown Heights Subdivision

Property Details

Home Type

Multi-Family

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 7

Building Info

  • Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2018
Sold by
Allen Michael A and Brown-Allen Barbara L
Bought by
688 St Marks Llc
Current Estimated Value
$3,172,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Outstanding Balance
$1,471,768
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,700,499

Purchase Details

Closed on
Nov 29, 2001
Sold by
Feldman Michael
Bought by
Allen Barbara Brown L and Allen Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.84%

Purchase Details

Closed on
Apr 26, 2001
Sold by
Artis Leona D and Artis Wilhelmina
Bought by
Feldman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.15%
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
688 St Marks Llc $2,900,000 --
Allen Barbara Brown L -- --
Feldman Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 688 St Marks Llc $1,740,000
Previous Owner Allen Barbara Brown L $275,000
Previous Owner Feldman Michael $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $1 -100.0% --
05/01/2018 05/01/18 Pending -- -- --
08/04/2017 08/04/17 For Sale $3,200,000 -- --
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 $6,522 $208,560 $29,040 $179,520
2024 $6,522 $164,760 $29,040 $135,720
2023 $6,222 $202,140 $29,040 $173,100
2022 $5,770 $221,460 $29,040 $192,420
2021 $5,739 $171,000 $29,040 $141,960
2019 $5,661 $176,040 $29,040 $147,000
2018 $5,205 $25,532 $4,163 $21,369
2017 $4,910 $24,087 $6,139 $17,948
2016 $4,543 $22,725 $7,817 $14,908
2015 $2,521 $22,725 $11,733 $10,992
2014 $2,521 $22,552 $12,380 $10,172
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10064832

Real Estate Board of New York (REBNY)

APN: 01226-0033

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