NOT LISTED FOR SALE

Estimated Value: $1,327,845 - $1,517,000

3 Beds
2 Baths
2,081 Sq Ft
$689/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $1,125,000 $541 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,690/month

47 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Eat-In Kitchen
  • P.S. 185 Walter Kassenbrock Rated A
  • Den
  • 5-minute walk to Shore Road Park

About This Home

As of December 2020

81 78th Street & Garage

New to the Market | This well located home nestled between Colonial and Narrows on 78th Street is a beautifully renovated 3 bedroom, 2 bathroom home, complete with an exquisite master suite on the garden level complete with spa bath and luxurious walk-in closet is a must see. This level is home to laundry room featuring full sized washer and dryer and slop sink too! This special home has an open kitchen plan ample enough for dining in. The sunny dining niche is part of the living room featuring new flooring and a fantastic home office. One flight up find 3 gracious bedrooms and a large renovated windowed bathroom. Off the kitchen find a large deck, perfect for al fresco dining, star gazing and entertaining. Creature comforts includes wall mounted split system air conditioning, a new roof, updated mechanicals, new flooring on the parlor level and master spa bathroom. The icing on the cake is the the detached garage and shared driveway. Street parking is so easy use the garage for all you storage needs! Close to schools, shopping, dining, and the 77th Street subway station. City buses and Express buses to Manhattan also available, as well as easy access to the expressway.

Last Agent to Sell the Property

Jessica Buchman

Corcoran Group License #10301200330 Listed on: 07/19/2020

Corcoran Group

Co-Listed By

Bryan Rettaliata

Corcoran Group License #10401235373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,535

Year Built

  • Built in 1925

Lot Details

  • 2,222

Home Design

  • Pre War Building

Interior Spaces

  • 2,081 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Additional Features

  • Lot Dimensions are 109.0 x 20.0
  • Central Air

Community Details

  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Block 5957

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,535

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Narrows Avenue & Colonial Road
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bay Ridge
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Features: Den, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 2081.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Patio, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common On Floor
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 109.0 x 20.0

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 5957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Mai Nguyen Rosalee
Bought by
Rosalee Mai Nguyen Revocable Trust and Rosalee Mai Nguyen, Trustee
Current Estimated Value
$1,433,711

Purchase Details

Listed on
Jul 19, 2020
Closed on
Dec 22, 2020
Sold by
Corbin Jessica and Smith Christopher
Bought by
Nguyen Rosalee
Seller's Agent
Jessica Buchman
Corcoran Group
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$825,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2018
Sold by
Cabrera As Trustee Katherine E
Bought by
Corbin Jessica and Smith Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,500
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2011
Sold by
Saleh Katherine
Bought by
Katherine E Cabrera Trust Dated July 1
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
Rosalee Mai Nguyen Revocable Trust -- --
Nguyen Rosalee $1,125,000 --
Corbin Jessica $1,075,000 --
Katherine E Cabrera Trust Dated July 1 -- --
Katherine E Cabrera Trust Dated July 1 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Rosalee $825,000
Previous Owner Corbin Jessica $838,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $1,125,000 -10.0% $541 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $1,250,000 -- $601 / 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 $10,535 $89,820 $17,520 $72,300
2024 $10,535 $77,040 $17,520 $59,520
2023 $10,129 $92,580 $17,520 $75,060
2022 $9,605 $93,720 $17,520 $76,200
2021 $9,953 $77,040 $17,520 $59,520
2020 $4,697 $73,380 $17,520 $55,860
2019 $8,851 $72,480 $17,520 $54,960
2018 $8,174 $41,560 $9,685 $31,875
2017 $7,734 $39,412 $9,828 $29,584
2016 $7,569 $39,412 $10,193 $29,219
2015 $4,265 $38,592 $14,567 $24,025
2014 $4,265 $36,427 $14,761 $21,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10649392

Real Estate Board of New York (REBNY)

APN: 05957-0057