NOT LISTED FOR SALE

Estimated Value: $1,234,000 - $1,586,000

Studio
3 Baths
2,120 Sq Ft
$658/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $1,018,000 $480 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,097/month

Highlights

  • Wood Flooring
  • 5-minute walk to 77 Street (R Line)
  • Laundry Facilities
  • P.S. 185 Walter Kassenbrock Rated A
  • Heating System Uses Steam
  • Back Yard

About This Home

As of January 2021

Brick two family house in the center of Bay Ridge.

Located on 78th Street near 3rd Avenue the home is steps to 3rd Avenue shopping and restaurants and a short walk to both 5th Avenue and 86th Street shopping. R train is only two blocks away, 77th and 4th Ave. Local bus is a few steps away. Very easy access to Shore Road bike and running path and area parks.

The home is 6 rooms over 5 and is approximately 2,100 Sq. Ft with a full basement. An enclosed porch on the rear of the house with a 1,000 sq. ft. yard provide plenty of outdoor space. The first floor is 5 rooms with two beds and an eat-in kitchen. The second floor is six rooms, three bedrooms and an eat-in kitchen. Parquet floors throughout the home.

Last Agent to Sell the Property

Igal Kashi

Velsor Realty Listed on: 08/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Lot Details

  • 2,187 Sq Ft Lot
  • Lot Dimensions are 109 x 20
  • Back Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • 2 Units
  • Laundry Facilities
  • Insurance Expense $1,200

Listing and Financial Details

  • Tax Block 5968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Lot Details

0

Listing Details

  • Basement Amenities: Full, Partial
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Ave
  • Cross Street Name2: Ridge Blvd
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Laundry Area, Refrigerator, Stove
  • Street Name I D X: 78
  • Building Style: Duplex - Up/Down
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 3
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 2187

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 38
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Oil

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 109
  • Lot Size Width: 20

Multi Family

  • Insurance Expense: 1200.00
  • Unit Count: 2

Tax Info

  • Flip Tax Amount: 7500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Jan 27, 2021
Sold by
Martinez Geraldine
Bought by
Aguilar Jesse and Ni Xuelian
Seller's Agent
Igal Kashi
Velsor Realty
Sold Price
$1,018,000
Current Estimated Value
$1,388,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,645
Avg. Annual Appreciation
6.51%
Original Mortgage
$763,500
Outstanding Balance
$681,681
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$712,986

Purchase Details

Closed on
Jul 7, 2020
Sold by
Geraldine Martinez Trustee
Bought by
Martinez Geraldine

Purchase Details

Closed on
Jan 22, 2016
Sold by
Dunn Mary A
Bought by
Geraldine Martinez As Trustee and Mary Dunn Trust, Dated January 22, 2016
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
Aguilar Jesse $1,018,000 --
Martinez Geraldine -- --
Geraldine Martinez As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Jesse $763,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $1,018,000 -- $480 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $10,552 $80,700 $15,660 $65,040
2024 $10,552 $73,980 $15,660 $58,320
2023 $10,066 $80,040 $15,660 $64,380
2022 $9,895 $76,620 $15,660 $60,960
2021 $9,953 $84,000 $15,660 $68,340
2020 $4,684 $79,740 $15,660 $64,080
2019 $7,496 $79,740 $15,660 $64,080
2016 $6,674 $39,412 $12,059 $27,353
2015 $3,919 $38,673 $11,586 $27,087
2014 $3,919 $36,485 $12,732 $23,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 441420

Brooklyn Board of REALTORS®

APN: 05968-0038