It took a while, but the exuberant Tudor renovated by owners and Madcap Cottage interior designers Jason Oliver Nixon and John Loecke at 17 Chester Court closed for $1,500,000 late last month. BK to the Fullest was the first to note the sale. That’s $105,000 over the asking price of $1,395,000.
How different things looked back when it first went on the market in October. At the time, the ask seemed outsized for the historic cul-de-sac, which is celebrating its 100th anniversary this year. Prices were hovering in the $800,000s. However, those were for unrenovated houses.
The question was, how much of a premium could a top notch restoration command? The renovation at 17 Chester Court was thorough and appeared to be of the highest quality, with central air, a finished basement, and other thoughtful features. And, while everyone who saw it oohed and ahhed over the zingy decor, some wondered if the sellers would have to take a discount for painted floors and miles of clashing-prints wallpaper. Not to mention the construction of the 23-story tower at 626 Flatbush Avenue going on directly behind the house.
The answer: No!
Rolling Out the Red Carpet in Lefferts: 17 Chester Court [BK to the Fullest]
House of the Day: 17 Chester Court [Brownstoner]
Design Duo Put Madcap Tudor on Market [Brownstoner]