NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,490,000

4 Beds
3 Baths
2,400 Sq Ft
$550/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,503,000 $626 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,532/month

52 Days on Market

Highlights

  • Pre War Building
  • Building Patio
  • 4-minute walk to John Allen Payne Playground
  • P.S. 102 The Bayview School Rated A
  • Patio

About This Home

As of May 2019

Rustic luxury is introduced to Bay Ridge in the most distinctive way. This 2 family townhouse has been thoughtfully renovated and designed with character throughout. The beautiful facade makes a striking front on the blocks tree lined street with unique details that await just beyond the original, restored entry doors. This three story home, plus cellar and private backyard, offers the ability to have a spacious owners duplex plus full cellar while generating income with the generously sized rental unit. Original farmhouse floors greet you on the parlor floor with restored wood throughout the entire level. The sunlit kitchen features stainless steel appliances, SMEG range, expansive white-oak island, ample cabinet and counter space. The living room and separate dining room feature original details throughout including the intricate mantle in the living room and stunning pocket doors separating the formal dining room from the eat-in kitchen. Completing this level is a full bath with original claw-foot bathtub and brass finishes throughout. The second level of the owners duplex is up one level off of the original wooden staircase awaits 2.5 additional bedrooms with walk-in closets plus a sitting room. The original skylight over the staircase and windows throughout flood this floor with natural light. Original wood details, exposed brick, original doors with antique hardware offer the luxurious living that the market has been missing The garden floor rental unit features original hardwood floors, expansive kitchen and living area and full bath. With beautiful details such as the original tin ceiling, the home was designed to modernize the interior while maintaining the original charm. Luxury living and convenience collide as this beautiful townhouse is set on one of the most picturesque and convenient blocks in all of Bay Ridge. Located one block from Owl?s Head Park, a half-block from the Midtown express bus, walking distance to the N express train and a short walk to the best shops and restaurants in all of Bay Ridge such as the Brooklyn Firefly, Vesuvio?s, Cocoa Grinder & Tanoreen.

Last Agent to Sell the Property

Abigail Palanca

Serhant License #10401246167 Listed on: 10/26/2018

Serhant

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 1,612

Home Design

  • Pre War Building

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Patio
  • Lot Dimensions are 20.0 x 80.0

Community Details

  • Bay Ridge Subdivision
  • Building Patio

Listing and Financial Details

  • Legal Lot and Block 57 / 5841

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Ridge Boulevard/3rd Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 80.0

Building Info

  • Total Stories: 2
  • Year Built: 1915

Tax Info

  • Tax Block: 5841
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
May 31, 2019
Sold by
Mittleman Maggi R
Bought by
Olash John and Soto Madelaine
Seller's Agent
Abigail Palanca
Serhant
List Price
$1,503,000
Sold Price
$1,503,000
Current Estimated Value
$1,320,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,483
Avg. Annual Appreciation
-1.94%
Original Mortgage
$1,127,250
Outstanding Balance
$982,844
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$337,673

Purchase Details

Closed on
Jun 11, 2018
Sold by
Koutsodontis Evelyn and Trombino Corine
Bought by
Mittleman Maggi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,875
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2007
Sold by
Africano Kalliopi
Bought by
Koutsodontis Evelyn and Trombino Corine

Purchase Details

Closed on
Jan 26, 2007
Sold by
Proios Anna
Bought by
Africano Kalliopi and Koutsodontis Evelyn
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
Olash John $1,503,000 --
Mittleman Maggi R $994,500 --
Koutsodontis Evelyn -- --
Koutsodontis Evelyn -- --
Koutsodontis Evelyn -- --
Africano Kalliopi -- --
Africano Kalliopi -- --
Africano Kalliopi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olash John $1,127,250
Previous Owner Mittleman Maggi R $745,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $1,503,000 0.0% $626 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $1,503,000 -- $626 / 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 $8,340 $91,920 $12,960 $78,960
2024 $8,340 $76,260 $12,960 $63,300
2023 $7,960 $83,940 $12,960 $70,980
2022 $7,389 $75,420 $12,960 $62,460
2021 $7,352 $82,740 $12,960 $69,780
2020 $3,655 $79,800 $12,960 $66,840
2019 $7,239 $88,260 $12,960 $75,300
2018 $6,658 $32,662 $6,725 $25,937
2017 $6,288 $30,844 $7,362 $23,482
2016 $5,820 $29,112 $7,433 $21,679
2015 $3,510 $29,112 $9,584 $19,528
2014 $3,510 $28,837 $9,130 $19,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10533278

Real Estate Board of New York (REBNY)

APN: 05841-0057