$1,725,000
SOLD OCT 16, 2024
4 Beds
7 Baths
2,500 Sq Ft
1,920 Sq Ft Lot

Recently Sold

$690 Per Sq Ft

1% Below List Price

0 Day on Market

Highlights

  • Pre War Building
  • Ditmas Junior High school Rated A-
  • Central Air

About This Home

As of October 2024

Seize this remarkable opportunity in Kensington! This gorgeous freestanding home boasts a front porch and offers a serene retreat tucked away from the street. This sun-filled, legal 3-family frame house was recently gut renovated and configured into the perfect single-family residence, centrally located in the heart of Kensington.



It features a 17.83’ x 36’ layout on a 23.5’ x 80’ lot, with four bedrooms, and five bathrooms; three full bathrooms on the upper floors, and two half bathrooms on the lower floors. Highlights include high ceilings, hardwood floors, central A/C, and a vented washer/dryer.



The main floor features an expansive and airy open concept living/dining/kitchen area, ideal for entertaining. Flowing seamlessly from the living area is a windowed open dining space leading to the windowed designer kitchen. The kitchen is equipped with stainless-steel appliances, including a dishwasher, French door refrigerator, range, and peninsula with Corian countertops, and a breakfast bar, perfect for culinary adventures. Additional perks are the video intercom and alarm system. The deck and landscaped backyard are accessible on this level and provide an idyllic setting for alfresco dinner parties and basking in the sun. A half bath completes this level.



Upstairs, the airy upper levels boast high ceilings and abundant natural light. One flight up features a primary bedroom suite with a walk-in closet and an ensuite bathroom. Additionally, there’s another bedroom with an ensuite bath. One more flight up are two more sun-filled bedrooms with exceptional closet space and a full bathroom off the hallway.



The spacious finished basement offers flexibility and abundant storage, plus a full-size washer/dryer and another half bath. The home is steps from a variety of shops, restaurants, and mass transit options. Just a 10-minute walk to majestic Prospect Park and the Kensington Dog Run. Der Pioneer café, Lofty Pigeon bookstore, Kensington Plaza, and the new Met Fresh supermarket are a few blocks away. This is an exceptional place to call home.

Last Agent to Sell the Property

Elizabeth Kohen

Garfield Realty Corp License #10311203731 Listed on: 06/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,142

Year Built

  • Built in 1925

Lot Details

  • 1,920 Sq Ft Lot
  • Lot Dimensions are 24.00 x 80.00

Home Design

  • Pre War Building

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air

Community Details

  • Kensington Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 5376

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,142

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: East 7th Street/East 8th Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kensington
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: House
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Bathrooms Integer: 5
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1920.0
  • Lot Size Dimensions: 24.00 x 80.00

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 5376
  • Tax Lot: 4
  • Tax Annual: 7142.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Oct 16, 2024
Sold by
Paoselli Francesco and Wei-Paoselli Crystal
Bought by
Baumwoll Jennifer and Geary Edward
Seller's Agent
Elizabeth Kohen
Garfield Realty Corp
List Price
$1,750,000
Sold Price
$1,725,000
Premium/Discount to List
-$25,000
-1.43%
Views
127
Current Estimated Value
$1,777,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,799
Avg. Annual Appreciation
2.47%
Original Mortgage
$1,293,750
Outstanding Balance
$1,282,681
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$481,454

Purchase Details

Listed on
Dec 29, 2020
Closed on
Apr 11, 2022
Sold by
708 Avenue C Llc
Bought by
Francesco Paoselli and Francesco Crystal Wei-Paoselli
Seller's Agent
Mordechai Werde
Compass
List Price
$1,560,000
Sold Price
$1,560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$600,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2020
Sold by
Estate Of Constance Turner and Fatima Patterson As Administrator
Bought by
708 Avenue C Llc

Purchase Details

Closed on
Jan 11, 2006
Sold by
Lucas Rosa and Turner Constance
Bought by
Turner Constance
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 Type Sale Price Title Company
Deed $1,725,000 --
Deed $1,560,000 --
Deed $1,560,000 --
Deed $715,000 --
Deed $715,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,293,750 Purchase Money Mortgage
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $173,000 No Value Available
Previous Owner $150,000 No Value Available
Previous Owner $115,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $1,725,000 -1.4% $690 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $1,750,000 +12.2% $700 / Sq Ft
04/13/2022 04/13/22 Price Changed $1,560,000 0.0% $825 / Sq Ft
04/11/2022 04/11/22 Sold $1,560,000 0.0% $825 / Sq Ft
12/29/2020 12/29/20 For Sale $1,560,000 -- $825 / 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 $7,142 $88,920 $20,460 $68,460
2024 $7,142 $90,900 $20,460 $70,440
2023 $6,813 $97,080 $20,460 $76,620
2022 $6,318 $97,380 $20,460 $76,920
2021 $6,661 $82,680 $20,460 $62,220
2020 $6,610 $60,300 $20,460 $39,840
2019 $6,199 $60,300 $20,460 $39,840
2018 $5,401 $27,955 $7,620 $20,335
2017 $5,077 $26,374 $11,341 $15,033
2016 $4,963 $26,374 $13,091 $13,283
2015 $2,781 $26,174 $13,913 $12,261
2014 $2,781 $24,693 $14,879 $9,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10973468

Real Estate Board of New York (REBNY)

APN: 05376-0004