NOT LISTED FOR SALE

Estimated Value: $1,294,548 - $1,559,000

3 Beds
1.5 Baths
1,268 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $1,250,000 $986 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,058/month

114 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • 2-minute walk to Kensington Dog Run
  • P.S. 130 - The Parkside School Rated A-

About This Home

As of August 2021

Welcome to 98 East 8th Street. This sun-drenched Kensington townhouse was built in 1901 and is still adorned with most of its original architectural features. The 1,268 square foot home consists of a living room, formal dining room, eat in kitchen, and half bath on the first floor, and three bedrooms and a full bath on the second floor. The house, which is in school district #15, has been loving maintained by the same family for over 50 years, and a few updates could transform it into your dream home! Please note that a few of the listing photos have been virtually staged. Finally, social distancing, masks and a COVID-19 disclosure are required. Price Improvement!!

Last Agent to Sell the Property

Evangelia Boudourakis

Daniel Gale of Brooklyn LLC License #10401330727 Listed on: 01/17/2021

Daniel Gale of Brooklyn LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 15.0 x 100.0

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,268 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

  • Kensingtn/Ocean Pkwy Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kensingtn/Ocean Pkwy
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1268.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Area: 1500.0
  • Lot Size Dimensions: 15.0 x 100.0

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Aug 25, 2021
Sold by
Kathleen F Mccarthy As Successor Trust
Bought by
Mcdermott Deirdre and Mcdermott Nicholas
Seller's Agent
Evangelia Boudourakis
Daniel Gale of Brooklyn LLC
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,418,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,137
Avg. Annual Appreciation
2.94%
Original Mortgage
$822,000
Outstanding Balance
$747,959
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$670,178

Purchase Details

Closed on
Feb 1, 2020
Sold by
Mccarthy Kathleen
Bought by
Kathleen J Mccarthy Revocable Trust and Kathleen J Mccarthy, Trustee

Purchase Details

Closed on
Jul 16, 2018
Sold by
Mccarthy Francis and Mccarthy Kathleen
Bought by
Mccarthy Kathleen
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
Mcdermott Deirdre $1,250,000 --
Kathleen J Mccarthy Revocable Trust -- --
Mccarthy Kathleen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Deirdre $822,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $1,250,000 0.0% $986 / Sq Ft
01/17/2021 01/17/21 For Sale $1,250,000 -- $986 / 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 $7,530 $45,060 $19,200 $25,860
2024 $7,530 $43,080 $19,200 $23,880
2023 $5,275 $75,000 $19,200 $55,800
2022 $4,892 $82,200 $19,200 $63,000
2021 $4,574 $63,480 $19,200 $44,280
2020 $4,870 $68,820 $19,200 $49,620
2019 $4,279 $72,720 $19,200 $53,520
2018 $4,114 $21,644 $6,449 $15,195
2017 $3,863 $20,420 $6,521 $13,899
2016 $3,546 $19,286 $7,763 $11,523
2015 $2,104 $19,284 $11,623 $7,661
2014 $2,104 $18,212 $13,167 $5,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10815579

Real Estate Board of New York (REBNY)

APN: 05330-0004