NOT LISTED FOR SALE

Estimated Value: $1,901,477 - $2,299,000

4 Beds
2.5 Baths
2,388 Sq Ft
$897/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $1,870,000 $783 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,775/month

2,725 Days on Market

Highlights

  • Pre War Building
  • Laundry Facilities
  • 4-minute walk to Nostrand Avenue (3,4 Line)

About This Home

As of August 2021

Classic and modern is the best way to describe this unique townhouse

located on picturesque Sterling Place in Crown Heights. Bright and

sunny and tastefully renovated, this home comes with all the bells and

whistles. The garden level boasts a newly remodeled kitchen that opens

right on to an extra deep garden. Modern and well designed, this

kitchen features a large center island, wrap-around custom cabinetry

with extra storage, walk-in pantry and stainless-steel appliances. This

level also boasts a formal dining room, full bath and laundry room. The

parlor floor is airy and spacious with a sumptuous lounge plus a formal

living room perfect for entertaining. Having guests for the holidays?

Enjoy a custom Murphy bed tucked away in the lounge to create an

extra bedroom. Finally, the top floor accommodates 4 spacious

bedrooms and newly renovated master bathroom. This home has it all:

high ceilings, plank and decorative hardwood floors throughout, high

ceilings, accent moldings, exposed brick and fireplaces and a stunning

pier mirror plus washer/dryer, security system, split-system ac and full

basement. A short distance to tons of cafes and restaurants on

Nostrand, Kingston and Franklin Avenues plus Brooklyn Museum and Brooklyn

Children's Museum as well as the 2/3/4 & 5 subway lines.

Last Agent to Sell the Property

Justin DuPree

Compass License #40DU1071217 Listed on: 05/28/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 18.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Crown Heights Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 22 / 1248

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,838

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Nostrand Avenue/New York Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2388.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 18.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1248
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 12, 2021
Sold by
Mcgehan Marc and Wooden Amory
Bought by
Lipkin Daniel M and Smith Rachel H
Seller's Agent
Justin DuPree
Compass
List Price
$1,870,000
Sold Price
$1,870,000
Current Estimated Value
$2,092,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,156
Avg. Annual Appreciation
3.32%
Original Mortgage
$394,003
Outstanding Balance
$360,073
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,771,404

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 2, 2016
Sold by
1088 Brook Avenue Llc and Sterling Partners Fund Llc
Bought by
Mcgehan Marc and Wooden Amory
Seller's Agent
Jennifer Rhodes
Corcoran Group
List Price
$1,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,068,750
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2016
Sold by
Salikram Delmar and Wood Rafalsky %
Bought by
Sterling Partners Fund Llc

Purchase Details

Closed on
Oct 23, 2008
Sold by
Autherley Sherian and Callender Sherian O
Bought by
Salikram Delmar and Salikram Venessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 1983
Bought by
Callender Elrico
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 Buyer Sale Price Title Company
Lipkin Daniel M $1,870,000 --
Mcgehan Marc $1,425,000 --
1088 Brook Avenue Llc $1,211,250 --
Sterling Partners Fund Llc $900,000 --
Salikram Delmar -- --
Salikram Delmar -- --
Callender Elrico -- --
Callender Elrico -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipkin Daniel M $394,003
Previous Owner Mcgehan Marc $211,565
Previous Owner Mcgehan Marc $150,607
Previous Owner Mcgehan Marc $1,068,750
Previous Owner Salikram Delmar $489,000
Previous Owner Salikram Delmar $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $1,870,000 +36.0% $783 / Sq Ft
09/07/2016 09/07/16 Sold -- -- --
08/08/2016 08/08/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $1,375,000 -26.5% $576 / Sq Ft
05/05/2014 05/05/14 Off Market $1,870,000 -- --
12/10/2013 12/10/13 For Sale $1,870,000 -- $783 / 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 $3,838 $139,140 $19,320 $119,820
2024 $3,838 $111,000 $19,320 $91,680
2023 $3,881 $136,200 $19,320 $116,880
2022 $3,785 $111,480 $19,320 $92,160
2021 $3,765 $106,020 $19,320 $86,700
2020 $1,766 $88,620 $19,320 $69,300
2019 $3,331 $70,440 $19,320 $51,120
2018 $3,246 $15,924 $3,493 $12,431
2017 $3,221 $15,801 $5,108 $10,693
2016 $2,980 $14,907 $6,504 $8,403
2015 $1,798 $14,065 $9,205 $4,860
2014 $1,798 $13,270 $10,418 $2,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10628286

Real Estate Board of New York (REBNY)

APN: 01248-0022