NOT LISTED FOR SALE

Estimated Value: $1,538,000 - $2,186,000

2 Beds
1 Bath
1,260 Sq Ft
1900 Built

Sale Details

Date Sold: October 11, 2019

Last sale price $1,335,000 $1,060 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,433 / mo

55 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Carroll Street
  • 3-minute walk to Carroll Park
  • P.S. 58 - The Carroll Rated A

About This Home

As of October 2019

On one of the most picturesque blocks in historic Carroll Gardens, this two-bedroom condo has been lovingly maintained and is in excellent condition, showcasing tons of charm. Located in a stately 25'-wide brownstone, the floor-thru home measures over 1,200 SF (with carrying costs less than $600/ month) and enjoys wonderful light and charming garden views from its north and south exposures. Currently featuring two bedrooms and an eat-in kitchen, with a living room, dining room, and separate office/ dressing room, its flexible layout can be opened to create a huge living room measuring approx. 15' wide X 29' long, while still maintaining the beautiful French Doors that open on to both the dressing room and the Master Bedroom. (Please reference Alternate Floorplan provided.) The tin ceilings are 9'7" high, and the impeccable detail that includes an original decorative marble fireplace as well as crown and ornamental moldings throughout speaks to a home that is hip, cool, elegant, and 100% Brooklyn. There is a W/D in the apartment, and huge basement storage.

85 1st Place is a self-managed boutique condo with only five units, all of them owner-occupied. It's an immaculately maintained building and its owners benefit from incredibly low carrying costs that are less than fifty cents per square foot. Close to the F/G trains and all the best restaurants, boutiques, and specialty stores that make Carroll Gardens one of the best places to live in Brooklyn. Pets are welcomed at 85 1st Place.

Last Agent to Sell the Property

Christopher Kromer*

Brown Harris Stevens Residential Sales LLC License #10301204952 Listed on: 07/17/2019

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Norhana Ariffin*

Brown Harris Stevens Residential Sales LLC License #10301219375

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1900

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • 5 Units
  • Carroll Gardens Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 7501

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,208

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

HOA Fees

$400 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 400.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 5
  • Total Stories: 5
  • Year Built: 1900

Tax Info

  • Tax Block: 7501
  • Tax Annual: 2208.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 11, 2019
Sold by
Johnson-Shelton Nils and Jones Susan W
Bought by
Roberts Charles
Seller's Agent
Christopher Kromer*
Brown Harris Stevens Residential Sales LLC
List Price
$1,300,000
Sold Price
$1,335,000
Premium/Discount to List
$35,000
2.69%
Current Estimated Value
$1,843,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,824
Avg. Annual Appreciation
5.08%
Original Mortgage
$254,188
Outstanding Balance
$222,681
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,621,143

Purchase Details

Closed on
Dec 5, 2007
Sold by
Lovely Isolde
Bought by
Johnson-Shelton Nils and Jones Susan W

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
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roberts Charles $1,335,000 --
Johnson-Shelton Nils $865,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Charles $254,188
Previous Owner Johnson-Shelton Nils $417,000
Closed Johnson-Shelton Nils $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $1,335,000 +2.7% $1,060 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $1,300,000 -- $1,032 / Sq Ft
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 $3,092 $351,810 $6,750 $345,060
2024 $3,092 $342,252 $6,750 $335,502
2023 $2,810 $285,210 $6,750 $278,460
2022 $2,595 $280,260 $6,750 $273,510
2021 $2,369 $224,190 $6,750 $217,440
2020 $2,449 $181,332 $6,750 $174,582
2019 $2,400 $181,332 $6,750 $174,582
2018 $2,241 $17,621 $787 $16,834
2017 $2,075 $16,317 $859 $15,458
2016 $1,948 $15,111 $848 $14,263
2015 $1,265 $15,104 $678 $14,426
2014 $1,265 $14,636 $526 $14,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10562323

Real Estate Board of New York (REBNY)

APN: 00356-1004

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