NOT LISTED FOR SALE

Estimated Value: $1,467,149 - $1,570,000

3 Beds
1.5 Baths
1,734 Sq Ft
$875/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $1,170,000 $675 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,814/month

82 Days on Market

Highlights

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

About This Home

As of June 2019

Welcome to 85 78th Street - a beautiful 3 bedroom, 1.5 bath house with a garage in prime Bay Ridge! This sun-filled home is well-maintained, located on a lovely tree-lined street, and offers charming original details, including high ceilings and hardwood parquet floors.The first floor features an enclosed sunporch with a wall of windows, spacious living room, formal dining room, and windowed, eat-in kitchen with a separate breakfast nook. A side door off the kitchen leads to the backyard patio, a garden with a 45-year old maple tree, and a one-car garage.The upper floor contains three spacious bedrooms with ample closet space. The master bedroom is tucked away in the rear of the home and faces the quiet backyard. The second bedroom features an adorable built-in desk with floor-to-ceiling closets on each side and the third bedroom is bright & sunny with Southern and Eastern exposures, a wall of built-in shelves & drawers, and a desk.The unfinished basement features a large open space, which is perfect for a recreation/media room. This level also has a 1/4 bath, cedar closet, a separate laundry room, and houses the mechanicals.Additional features include some plumbing & electrical upgrades,10-year old roof & siding, replacement windows, and water spigots in the rear of the home.Conveniently located near 3rd Avenue's shops & restaurants and just minutes from the R subway, the X27/X37 express buses and the NYC commuter ferry to Manhattan and Downtown Brooklyn. Please email to schedule an appointment or for further details.

Last Agent to Sell the Property

Gina Bartnik

Corcoran Group License #10301219477 Listed on: 02/27/2019

Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 109.0 x 20.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Community Details

  • Bay Ridge Subdivision

Listing and Financial Details

  • Tax Block 5957

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Colonial Road & Narrows 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

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 109.0 x 20.0

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 5957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jun 20, 2019
Sold by
John Thomas O'Farrell Jr As Trustee and The O'Farrell Family Irrecvocable Trust
Bought by
Koukoulis-Pius Triandafilia and Pius Craig J
Seller's Agent
Gina Bartnik
Corcoran Group
List Price
$1,175,000
Sold Price
$1,170,000
Premium/Discount to List
-$5,000
-0.43%
Current Estimated Value
$1,517,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,787
Avg. Annual Appreciation
4.04%
Original Mortgage
$936,000
Outstanding Balance
$814,718
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$703,069

Purchase Details

Closed on
Mar 6, 2015
Sold by
O'Farrell Ann Marie
Bought by
John Thomas O'Farrell Jr As Trustee and O'Farrell Family Irrevocable Trust

Purchase Details

Closed on
Feb 20, 1997
Sold by
Ofarrell John T and Ofarrell Ann Marie
Bought by
Ofarrell Ann M
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
Koukoulis-Pius Triandafilia $1,170,000 --
Koukoulis-Pius Triandafilia $1,170,000 --
Koukoulis-Pius Triandafilia $1,170,000 --
John Thomas O'Farrell Jr As Trustee -- --
John Thomas O'Farrell Jr As Trustee -- --
John Thomas O'Farrell Jr As Trustee -- --
Ofarrell Ann M $15,000 --
Ofarrell Ann M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koukoulis-Pius Triandafilia $936,000
Closed Koukoulis-Pius Triandafilia $936,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $1,170,000 -0.4% $675 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $1,175,000 -- $678 / 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 $89,880 $18,780 $71,100
2024 $10,535 $75,300 $18,780 $56,520
2023 $10,129 $90,780 $18,780 $72,000
2022 $9,441 $89,400 $18,780 $70,620
2021 $9,953 $79,980 $18,780 $61,200
2019 $9,144 $75,120 $18,780 $56,340
2014 -- $36,427 $15,965 $20,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10535208

Real Estate Board of New York (REBNY)

APN: 05957-0055