Seller's Agent in 2021
Wade Jabour
(917) 399-2085
52 in this area
160 Total Sales
688 85th St Brooklyn, NY 11228
Bay Ridge NeighborhoodEstimated Value: $1,181,391 - $1,670,000
Studio
3
Baths
2,105
Sq Ft
$680/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Terrace
- Porch
- P.S. 127 McKinley Park Rated A
- 2 Car Detached Garage
- 4-minute walk to Tom McDonald Triangle
About This Home
As of February 2021HUGE PRICE REDUCTION OWNER MOTIVATED!
BEAUTIFULLY RENOVATED and MODERN 2 Family BRICK HOME with a DETACHED 2 car GARAGE is conveniently located on a quiet & semi private street on the border of Bay Ridge & Dyker Heights. These apartments have been fully renovated, with no expense spared, and feature an open concept floor plan. The sunporch and living area have recessed lighting and hardwood floors. The open kitchen with center island has custom wood cabinetry, granite countertops, and stainless steel appliances. Spacious bathrooms are fully tiled with walk-in showers. Privately located towards the rear of each apartment are two bright bedrooms. The upstairs apartment features a private balcony in the front and skylight, and the first floor features a private back yard. Nicely finished walk-in finished basement with separate entrance, high ceilings, tiled floor, and full bath. Detached two car garage. One block to the express bus to the city, a short walk to the R-Train and all shopping amenities that both Dyker Heights and Bay Ridge have to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,933
Year Built
- Built in 1920
Lot Details
- 1,900 Sq Ft Lot
- Lot Dimensions are 100 x 19
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Masonry
Interior Spaces
- 3 Full Bathrooms
- 2,105 Sq Ft Home
- 2-Story Property
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Terrace
- Porch
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 6037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2020
Closed on
Jan 29, 2021
Sold by
Jabour Wade and Shashaty Evan A
Bought by
Chen Meihui and Jiang Dianqin
Seller's Agent
Wade Jabour
Buyer's Agent
Zhang Xian Jin
RE/MAX Edge
Sold Price
$1,300,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,793
Avg. Annual Appreciation
1.96%
Original Mortgage
$780,000
Outstanding Balance
$697,624
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$732,724
Purchase Details
Closed on
Jun 4, 2015
Sold by
Jabour Leslie
Bought by
Jabour Wade and Shashaty Evan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,776
Interest Rate
3.78%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Meihui | $1,300,000 | -- | |
| Jabour Wade | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Meihui | $780,000 | |
| Previous Owner | Jabour Wade | $11,776 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2021 02/10/21 | Sold | $1,300,000 | -- | $618 / Sq Ft |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $9,835 | $71,220 | $13,980 | $57,240 |
| 2024 | $9,835 | $83,820 | $13,980 | $69,840 |
| 2023 | $9,945 | $84,480 | $13,980 | $70,500 |
| 2022 | $9,701 | $68,280 | $13,980 | $54,300 |
| 2021 | $9,649 | $74,880 | $13,980 | $60,900 |
| 2020 | $4,525 | $69,360 | $13,980 | $55,380 |
| 2019 | $8,536 | $61,560 | $13,980 | $47,580 |
| 2014 | -- | $34,006 | $13,467 | $20,539 |
Source: Public Records
Agents Affiliated with this Home
-
Wade Jabour
-
Zhang Xian Jin
Buyer's Agent in 2021
Zhang Xian Jin
RE/MAX Edge
1 in this area
24 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 440681
APN: 06037-0044
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