NOT LISTED FOR SALE

Estimated Value: $2,280,000 - $2,527,000

4 Beds
4.5 Baths
2,200 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $2,300,000 $1,045 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $13,732/month

44 Days on Market

Highlights

  • Wood Burning Fireplace
  • 1-Story Property
  • 1-minute walk to Russell Pederson Playground
  • P.S. 185 Walter Kassenbrock Rated A

About This Home

As of March 2022

Rarely ever available in Bay Ridge, 115 85th street is an immaculate gut renovated 4 Bedroom 5 Bathroom fully detached home with private driveway in a dream location!

No expense was spared in the complete 2017 remodel of this gorgeous home. BRAND NEW EVERYTHING! The home is perfectly situated on a generously wide 33 x 100 lot, with a private driveway that fits multiple cars, and a large, newly paved backyard with a lovely wooden deck. Elegance and beauty await as you enter the first floor, greeted by a bright and spacious sun room with natural light glistening off the new wood floors from the front bay windows. The living room features a beautiful working wood burning fireplace while the dining room can fit a huge table. The stunning, beautifully designed open concept kitchen has gorgeous quartzite countertops, marble backsplashes and top of the line Viking and Wolf appliances. There is a half bath on this level with entrances from the kitchen to the backyard as well as a side entrance leading to this floor and the finished basement.

Second floor has 3 well sized sunny and spacious bedrooms, including a master bedroom with an en-suite bath and a walk in closet. There is also a beautiful full bathroom in the hall of this level. Each room has excellent closet space and high ceilings. The top floor can be used as a 4th bedroom or home office and features its own full bathroom with double sink and stand up steam shower with beautiful tile and glass shower stall. There are storage closets galore and excellent natural light. The basement is completely finished, dug down several feet to expand the ceiling height, has several windows and its own bathroom with shower stall. There is also a HUGE crawl space the width of the house for tons of storage.

Another awesome feature of the home is its large backyard with beautiful pavers and an accompanying wooden deck with its own retractable awning and gas powered BBQ station. This house makes entertaining so enjoyable with endless space for indoor and outdoor festivities and activities. 2 zone central air with humidifier, a new boiler and hot water tank, new electric, plumbing, and so much more. This is the dream home and priced right! Do not delay, this is a rare opportunity to own one of the best homes in Bay Ridge!

Last Agent to Sell the Property

Daniel Soldano

SOLDANO REALTY License #10491212789 Listed on: 11/17/2021

Home Details

Home Type

  • Single Family

Lot Details

  • 3,311

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Bay Ridge Subdivision

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2200.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Mar 11, 2022
Sold by
Elefterakis Monique and Elefterakis Nicholas
Bought by
O'Neill Otero Elizabeth
Seller's Agent
Daniel Soldano
SOLDANO REALTY
List Price
$2,600,000
Sold Price
$2,300,000
Premium/Discount to List
-$300,000
-11.54%
Current Estimated Value
$2,363,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,053
Avg. Annual Appreciation
0.70%
Original Mortgage
$1,840,000
Outstanding Balance
$1,717,792
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$645,261

Purchase Details

Closed on
Aug 19, 2016
Sold by
Law Lee Larry and Law Lee Law
Bought by
Elefterakis Nicholas and Elefterakis Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.42%
Mortgage Type
Unknown
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
O'Neill Otero Elizabeth $2,300,000 --
Elefterakis Nicholas $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O'Neill Otero Elizabeth $1,840,000
Previous Owner Elefterakis Nicholas $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $2,300,000 -11.5% $1,045 / Sq Ft
11/17/2021 11/17/21 For Sale $2,600,000 -- $1,182 / 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 $17,386 $102,480 $25,980 $76,500
2024 $17,386 $99,960 $25,980 $73,980
2023 $16,585 $121,920 $25,980 $95,940
2022 $15,540 $103,920 $25,980 $77,940
2021 $15,837 $88,980 $25,980 $63,000
2019 $15,435 $96,000 $25,980 $70,020
2017 $10,521 $53,083 $15,984 $37,099
2016 $9,871 $50,926 $14,422 $36,504
2015 $5,820 $50,926 $16,698 $34,228
2014 $5,820 $49,702 $18,376 $31,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10760768

Real Estate Board of New York (REBNY)

APN: 06023-0074