NOT LISTED FOR SALE

Estimated Value: $4,040,000 - $8,296,463

6 Beds
7.5 Baths
6,795 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $7,625,000 $1,122 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $41,794/month

281 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 79 Street (1,2 Line)
  • Community Garden
  • P.S. 87 William Sherman Rated A
  • Terrace
  • 2-minute walk to Riverside Park

About This Home

As of August 2022

318 West 78th Street is a beautifully renovated, single-family townhouse designed by the architect George F. Pelham in 1895. Features of this magnificent home include, approximately 6,300 square feet of living space, meticulously restored original details, a grand parlor floor entertaining space that spans the living room an expansive landing, the dining room and a butler's pantry, a chef's kitchen, 6 generously sized bedrooms, soaring ceilings, a finished English basement with lounge and fitness room, and a landscaped, south-facing garden surrounded by townhouses, providing abundant light and air throughout all five floors.

No expense was spared in renovating and restoring this one-of-a-kind home. Details of the renovation include radiant heat throughout the house, a Crestron controlled entertainment system, custom marble and tile in all 8 bathrooms, custom cabinetry in the kitchen, hand repaired and restored plasterwork, excavated basement, new lighting, irrigation, stonework and drainage in the garden, all new mechanical systems and roof, and more.

This townhome is conveniently located on a beautiful, tree-lined townhouse block, in close proximity to Riverside Park, premier schools, shops and restaurants, and public transportation.

Last Agent to Sell the Property

Richard Pretsfelder

Leslie J Garfield & Co Inc License #10301215984 Listed on: 07/09/2021

Co-Listed By

Sophie Smadbeck

Leslie J Garfield & Co Inc License #10401306576

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,155

Year Built

  • Built in 1894

Lot Details

  • 1,839 Sq Ft Lot
  • Lot Dimensions are 18.0 x 102.17
  • Garden

Home Design

  • 6,795 Sq Ft Home
  • Pre War Building
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • Eat-In Kitchen
  • Central Air

Listing and Financial Details

  • Tax Block 01186

Community Details

Overview

  • Upper West Side Subdivision
  • 5-Story Property

Amenities

  • Community Garden
  • Building Terrace

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,155

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Upper West Side
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 6795.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Bathrooms Integer: 8
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Building Garden, Balcony, Garden
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 1839.0
  • Lot Size Dimensions: 18.0 x 102.17

Building Info

  • Units: 1
  • Total Stories: 5
  • Year Built: 1894

Tax Info

  • Tax Block: 01186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 22, 2022
Sold by
Goldman Elizabeth and Kotran Stephen
Bought by
Cook-Mccormac Anthony and Cook-Mccormac Jeffery
Seller's Agent
Richard Pretsfelder
Leslie J Garfield & Co Inc
List Price
$8,600,000
Sold Price
$7,625,000
Premium/Discount to List
-$975,000
-11.34%
Views
3
Current Estimated Value
$7,076,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$548,384
Avg. Annual Appreciation
-2.34%
Original Mortgage
$5,337,500
Outstanding Balance
$5,103,819
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,972,797

Purchase Details

Closed on
Oct 19, 2010
Sold by
Bratton Kathleen W and Wruble Brian F
Bought by
Goldman Elizabeth and Kotran Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cook-Mccormac Anthony $7,625,000 --
Goldman Elizabeth $6,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook-Mccormac Anthony $5,337,500
Previous Owner Goldman Elizabeth $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $7,625,000 -11.3% $1,122 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
07/09/2021 07/09/21 For Sale $8,600,000 -- $1,266 / 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 $56,155 $296,360 $136,062 $160,298
2024 $56,155 $279,586 $272,160 $142,260
2023 $53,567 $263,761 $143,922 $119,839
2022 $49,674 $529,020 $272,160 $256,860
2021 $52,367 $568,440 $272,160 $296,280
2020 $52,276 $613,200 $272,160 $341,040
2019 $48,739 $558,120 $272,160 $285,960
2018 $44,806 $219,801 $95,472 $124,329
2017 $42,270 $207,360 $69,937 $137,423
2016 $41,453 $207,360 $94,417 $112,943
2015 $23,594 $205,806 $140,284 $65,522
2014 $23,594 $194,157 $158,804 $35,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10874605

Real Estate Board of New York (REBNY)

APN: 1186-0041