NOT LISTED FOR SALE

Estimated Value: $1,242,923 - $1,460,000

4 Beds
2.5 Baths
2,196 Sq Ft
$639/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $1,155,000 $526 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,001/month

177 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to 77 Street (R Line)
  • Window Unit Cooling System
  • Junior High School 259 William McKinley Rated A

About This Home

As of October 2020

Welcome to 553 77th Street ! An entire Townhouse for the price of a two bedroom Condo! This newly renovated home is move-in ready, in the heart of Bay Ridge. The 1464 Square foot home has brand new hardwood floors, a new electrical service and an open concept living/dining space and sits on a 18.42 x 100 lot. The upper level features 4 bedrooms with tree-top views, and an original skylight above the staircase. The parlor level has a sunny south-facing living room, powder room + brand new stainless steel appliances, The kitchen maintained its original vaulted ceiling, now with a silver medallion finish. The upper level features 4 bedrooms with tree-top views, and has a beautiful skylight above the staircase. Easily convert the 4 bedroom to a three bedroom - creating a huge master bedroom. Maximizing space there is a lower level den that can be used as a home office, movie room, or guest room suite, as there is a 3/4 bath and separate entrance. Square footage does not include this lower level den. Additional features include plentiful storage space, a video doorbell, weil mclain boiler with two zone heating, a professionally restored old-century front door with stained glass details, bay windows, dramatic ceiling medallions, Energy efficient- LED bulbs installed throughout the home & solid wood doors. Gardener?s Dream - A Colonial door leads to a huge backyard with a restored mocha deck- Fire up the BBQ, and lay out in your own piece of paradise. This home is located just minutes from every local shop, restaurant, and a local park in Bay Ridge, Brooklyn .1 block to the nearest subway. Come see this house with timeless elegance, today. Set an appointment today to view 553 77th street! Submit all offers.

Last Agent to Sell the Property

Angelina Martinez

Corcoran Group License #10301221109 Listed on: 03/16/2020

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 2-Story Property
  • Lot Dimensions are 100.0 x 18.0
  • Window Unit Cooling System

Community Details

  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Block 5952

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: 5th Avenue & 6th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 100.0 x 18.0

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 5952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Oct 28, 2020
Sold by
Martinez Lydia and Martinez Richard
Bought by
Cavanaugh Chelsea and Cavanaugh Ted
Seller's Agent
Angelina Martinez
Corcoran Group
List Price
$1,225,000
Sold Price
$1,155,000
Premium/Discount to List
-$70,000
-5.71%
Current Estimated Value
$1,403,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,731
Avg. Annual Appreciation
3.81%
Original Mortgage
$924,000
Outstanding Balance
$821,849
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$581,882

Purchase Details

Listed on
Oct 1, 2019
Closed on
Dec 5, 2019
Sold by
Estate Of Jacqueline Mcdonald
Bought by
Martinez Lydia and Martinez Richard
Seller's Agent
Kenneth Joseph
Buyer's Agent
Milan Obradovic
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.57%
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
Cavanaugh Chelsea $1,155,000 --
Martinez Lydia $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavanaugh Chelsea $924,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $1,155,000 -5.7% $526 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $1,225,000 +58.1% $558 / Sq Ft
12/09/2019 12/09/19 Sold $775,000 -- $529 / Sq Ft View Prior Sale
10/01/2019 10/01/19 Pending -- -- --
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 $8,804 $74,460 $13,260 $61,200
2024 $8,804 $74,040 $13,260 $60,780
2023 $8,398 $80,280 $13,260 $67,020
2022 $7,788 $72,900 $13,260 $59,640
2021 $7,963 $66,660 $13,260 $53,400
2019 $7,348 $59,400 $13,260 $46,140
2018 $6,727 $34,461 $6,800 $27,661
2017 $6,328 $32,512 $8,082 $24,430
2016 $5,993 $31,530 $8,820 $22,710
2015 $3,480 $31,524 $10,284 $21,240
2014 $3,480 $30,440 $11,894 $18,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10622053

Real Estate Board of New York (REBNY)

APN: 05952-0057