NOT LISTED FOR SALE

Estimated Value: $1,083,024 - $1,290,000

2 Beds
2 Baths
1,186 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $980,000 $826 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,698/month

49 Days on Market

Highlights

  • 1-Story Property
  • P.S./I.S. 30 - The Mary White Ovington School Rated A-
  • 3-minute walk to 77 Street (R Line)

About This Home

As of February 2022

This single-family fully detached home is a sweet COUNTRY COTTAGE in the heart of Bay Ridge BROOKLYN! Here is a unique opportunity to own your own house for less than the cost of a condo. Enter the property through a storybook arbor into the front garden resplendent with flowers, trees and climbing vines, framed by a white picket fence. The enclosed breezeway/entry hall leads into the main living spaces on the first floor. In front is a spacious living room and across the hall a modern chef's kitchen with Thermador range & hood, and two ovens, Bosch refrigerator and dishwasher and an adjacent butler's pantry with wine fridge. The kitchen opens onto the dining room, with a built-in mahogany-top office/work space and a bank of windows facing the gorgeous rear garden. There is direct access from the dining area onto a raised patio, which leads down to the huge private back yard. This unique outdoor space offers sought-after privacy right in the city, and comes complete with sitting areas, tremendous mature trees, and a lush green lawn. A spacious and bright bathroom completes this level.

Upstairs you'll find two bedrooms, a home office/nursery and another windowed full bath. Other features include hardwood floors throughout, abundant natural lights, and split A/C units on the main floor. There is also a basement with full-height ceilings that has loads of upside potential to create a rec room, play room, or nice work-from-home space. The basement also offers a workshop, storage, and laundry with full-size Bosch washer/dryer. Who needs a country home upstate? You can have the lifestyle you want right here in Brooklyn! With wondrous front and rear gardens and a true "country cottage" feel inside, you'll never want to leave town. This charming house is so special, you've got to walk the property to truly appreciate it.

Bay Ridge is known for its quiet streets and "neighborly" feel. It is less hectic than many other gentrified Brooklyn neighborhoods, yet remains vibrant and diverse. Bay Ridge is also home to a wide array of restaurants, bars, cafes, specialty markets, and abundant shopping destinations. 459 78th Street is located just one block from R train.

Last Agent to Sell the Property

Timothy Stanard

Corcoran Group License #30ST0931703 Listed on: 10/13/2021

Corcoran Group

Co-Listed By

Andrew Weitsman

Corcoran Group License #10401320998

Home Details

Home Type

  • Single Family

Lot Details

  • 2,178

Interior Spaces

  • 1-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Washer Dryer Allowed

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Feb 7, 2022
Sold by
Merrill Nicholas
Bought by
Jarmus Christopher and Lopez Jennine
Seller's Agent
Timothy Stanard
Corcoran Group
List Price
$1,095,000
Sold Price
$980,000
Premium/Discount to List
-$115,000
-10.5%
Current Estimated Value
$1,190,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,006
Avg. Annual Appreciation
5.03%
Original Mortgage
$899,100
Outstanding Balance
$831,798
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,208

Purchase Details

Listed on
Oct 13, 2021
Closed on
Dec 29, 2021
Sold by
The David Merrill Trust F/B/O Nicholas M
Bought by
Merrill Nicholas
Seller's Agent
Timothy Stanard
Corcoran Group
List Price
$1,095,000
Sold Price
$980,000
Premium/Discount to List
-$115,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$899,100
Outstanding Balance
$831,798
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,208

Purchase Details

Closed on
Jul 18, 2014
Sold by
Federman Robert J and Howe Robert J
Bought by
David Merrill Trust and Nick Merrill Trustee

Purchase Details

Closed on
Jun 24, 2005
Sold by
Dignelli Thomas J and Howe Robert J
Bought by
Howe Robert J

Purchase Details

Closed on
Sep 3, 1997
Sold by
Puglia Deborah
Bought by
Dignelli Thomas J and Howe Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.23%

Purchase Details

Closed on
Sep 21, 1994
Sold by
Corbett Colleen L
Bought by
Rondinone Antoinette
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
Jarmus Christopher $999,000 --
Jarmus Christopher $999,000 --
Jarmus Christopher $999,000 --
Merrill Nicholas -- --
Merrill Nicholas -- --
Merrill Nicholas -- --
David Merrill Trust $700,000 --
David Merrill Trust $700,000 --
Howe Robert J -- --
Howe Robert J -- --
Dignelli Thomas J $163,000 --
Dignelli Thomas J $163,000 --
Rondinone Antoinette $172,000 Titleserv
Rondinone Antoinette $172,000 Titleserv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarmus Christopher $899,100
Closed Jarmus Christopher $899,100
Previous Owner Dignelli Thomas J $130,000
Closed Howe Robert J $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2022 02/09/22 Sold $980,000 -10.5% $826 / Sq Ft
10/13/2021 10/13/21 For Sale $1,095,000 -- $923 / 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 $6,217 $64,680 $15,360 $49,320
2024 $6,217 $62,220 $15,360 $46,860
2023 $5,938 $55,860 $15,360 $40,500
2022 $5,579 $60,300 $15,360 $44,940
2021 $5,881 $57,480 $15,360 $42,120
2020 $2,861 $50,820 $15,360 $35,460
2019 $5,103 $50,820 $15,360 $35,460
2018 $4,669 $24,364 $6,151 $18,213
2017 $4,448 $23,288 $8,257 $15,031
2016 $4,346 $23,288 $8,361 $14,927
2015 $2,650 $22,767 $9,081 $13,686
2014 $2,650 $21,496 $9,659 $11,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755270

Real Estate Board of New York (REBNY)

APN: 05961-0053