$513,000 - $540,000
RENTED JUL 4, 2024

16-71 Summerfield St Unit 4 B Ridgewood, NY 11385

Ridgewood Neighborhood
1 Bed
1 Bath
661 Sq Ft
$803 Price per Sq Ft

Last Sold June 03, 2024

Last sale price $525,000 $794 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,814/month

About This Home

As of June 2024

Welcome to this stunning, totally renovated 1-bedroom, 1-bathroom condo located at 16-71 Summerfield St in Ridgewood.

This modern home offers a total of 661 square feet of living space, featuring oversized windows that flood the space with natural light.

As you step inside, you'll be greeted by the warmth of the hardwood floors that flow throughout the property. The open layout seamlessly connects the living, dining, and kitchen areas, creating a perfect space for both relaxation and entertainment.

The kitchen is equipped with high-end appliances and sleek cabinetry, making it a chef's dream. The bedroom is spacious and boasts ample closet space, while the bathroom features modern fixtures and finishes.

This condo also offers access to fantastic building amenities, including a gym, common roof deck, and remote doorman service for added convenience and security. The building also features a video intercom system and an elevator for easy access.

For those in need of parking, on-site parking is available for rent. Central AC ensures year-round comfort, and laundry facilities are conveniently located within the building.

Don't miss the opportunity to make this stylish condo your new home. Ridgewood has been named one of the hottest areas for restaurants and cafes. Some favorites include The Footlight, Ridgewood Chocolate, Nowadays, Queens Brewery, Rolo and Evil Twin Brewing, to name a few, and there’s plenty more to explore. The 1671 Summerfield Street Condominium is located within close proximity to the L train at Halsey St and near a handful of bus routes.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jun 4, 2024
Sold by
Summerfield Group Ventures Llc
Bought by
Haldipur Vrushali and Marballi Gaurav
Seller's Agent
Susan Molloy
Compass
Sold Price
$3,000
Views
6
Current Estimated Value
$530,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,506
Avg. Annual Appreciation
1.04%
Original Mortgage
$341,250
Outstanding Balance
$338,498
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,008
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Haldipur Vrushali $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haldipur Vrushali $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2024 07/04/24 Rented $3,000 0.0% --
07/03/2024 07/03/24 Under Contract -- -- --
06/22/2024 06/22/24 Price Changed $3,000 -6.3% $5 / Sq Ft
06/07/2024 06/07/24 For Rent $3,200 0.0% --
06/03/2024 06/03/24 Sold $525,000 -1.9% $794 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $535,000 -- $809 / Sq Ft

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
2024 $10,034 $80,260 $3,807 $76,453
2023 $9,739 $77,897 $2,187 $75,710
Source: Public Records

Agents Affiliated with this Home

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