NOT LISTED FOR SALE

Estimated Value: $1,369,000 - $1,546,000

4 Beds
1.5 Baths
2,280 Sq Ft
$629/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $1,270,000 $557 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,206/month

74 Days on Market

Highlights

  • Deck
  • Patio
  • 1-Story Property
  • P.S. 127 McKinley Park Rated A

About This Home

As of August 2024

Welcome to 429 81st Street, a classic Brooklyn townhouse nestled in the heart of the vibrant neighborhood of Bay Ridge.

This beautiful Pre-War residence offers a unique blend of traditional charm and modern living, all encased in a timeless brick and lime facade, located on a peaceful, tree-lined street.

Enter at the parlor floor to a bright foyer decked with 10-foot high ceilings.

The spacious living room caters perfectly to both quiet nights in and social events, illuminated by excellent southern light exposure. Stained glass windows add a simple understated charm.

The formal dining room offers an inviting space for enjoying meals with loved ones, showcasing the true elegance of the home with inlaid hardwood floors and charming, modest built-in shelving.

The dining room leads out to an oversized covered deck, providing a perfect setting for summer outdoor gatherings. From there, step down to a modern paved garden, bordered by a perimeter for plantings.

The classic aesthetic continues into the kitchen, where a vintage Chamber stove meets a modern stainless-steel fridge to meet your culinary needs. A large picture window serves as a picturesque backdrop, offering views of the porch and garden to inspire your meal preparations.

Four bedrooms on the second floor provide plenty of space for personal retreats. All rooms are equipped with ample closets for convenient storage, and a large full bath ensures a seamless routine.

The lower level reveals a versatile open-concept recreation room catering to various lifestyle needs, whether as a media room, a fitness area, a play zone, a home office, or a comfortable guest space. Equipped with a half bath, multiple additional storage closets, and a washer and dryer set, this area maximizes practicality and greatly adds to the living area of home.

Recent updates include a brand new copper water main, new water heater, new electrical panel, and a refinished recreation room, ensuring a secure, efficient, and comfortable living environment.

Embrace the welcoming vibe of the Bay Ridge community, complemented by easy access to the abundant amenities of 3rd and 5th Avenues for shopping and dining.

Broker Owner.

Tenant occupied, will be delivered vacant.

Last Agent to Sell the Property

Jennifer Rhodes

Corcoran Group License #10301208023 Listed on: 03/06/2024

Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,436

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100.00x20.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling

Community Details

  • Bay Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 0073 / 05989

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,436

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2280.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: Deck, Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 100.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 1
  • Year Built: 1901

Tax Info

  • Tax Block: 05989
  • Tax Lot: 0073
  • Tax Annual: 8436.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Aug 1, 2024
Sold by
Rhodes Jennifer
Bought by
Abedi Samim and Esmaelsadah Hosna
Seller's Agent
Jennifer Rhodes
Corcoran Group
List Price
$1,375,000
Sold Price
$1,270,000
Premium/Discount to List
-$105,000
-7.64%
Views
97
Current Estimated Value
$1,433,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,523
Avg. Annual Appreciation
8.71%
Original Mortgage
$889,000
Outstanding Balance
$877,303
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$556,220

Purchase Details

Closed on
Jul 16, 2019
Sold by
Capetanakis George and Capetanakis Jayne Marie
Bought by
Rhodes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,600
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1995
Sold by
Dunn Barbara J
Bought by
Capetanakis George and Capetanakis Jayne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.36%
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
Abedi Samim $1,270,000 --
Abedi Samim $1,270,000 --
Rhodes Jennifer $982,000 --
Rhodes Jennifer $982,000 --
Rhodes Jennifer $982,000 --
Capetanakis George $197,500 Chicago Title Insurance Co
Capetanakis George $197,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abedi Samim $889,000
Closed Abedi Samim $889,000
Previous Owner Rhodes Jennifer $785,600
Previous Owner Capetanakis George $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Price Changed $1,270,000 0.0% $557 / Sq Ft
08/01/2024 08/01/24 Sold $1,270,000 -4.2% $557 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $1,325,000 -1.9% $581 / Sq Ft
04/04/2024 04/04/24 Price Changed $1,350,000 -1.8% $592 / Sq Ft
03/13/2024 03/13/24 For Sale $1,375,000 -- $603 / 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 $9,408 $83,940 $14,460 $69,480
2024 $9,408 $79,260 $14,460 $64,800
2023 $8,975 $78,780 $14,460 $64,320
2022 $8,544 $64,500 $14,460 $50,040
2021 $8,777 $70,740 $14,460 $56,280
2019 $7,873 $56,040 $14,460 $41,580
2018 $7,209 $36,825 $7,731 $29,094
2017 $6,971 $35,665 $8,816 $26,849
2016 $6,638 $34,754 $7,902 $26,852
2015 $3,838 $34,478 $10,417 $24,061
2014 $3,838 $32,529 $11,797 $20,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10961959

Real Estate Board of New York (REBNY)

APN: 05989-0073