NOT LISTED FOR SALE

1639 Cornelia St Ridgewood, NY 11385

Ridgewood Neighborhood

Estimated Value: $1,249,469 - $1,507,000

6 Beds
3 Baths
3,143 Sq Ft
$425/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,170,000 $372 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,582/month

31 Days on Market

About This Home

As of June 2022

First time on the market since 1977. Meticulously maintained legal 3 family home in the heart of Queens NY. New kitchen and baths, clean and ready to move in. 3 meters, one heating unit. Great opportunity as an owner occupied rental or for a seasoned investor looking to rent all floors out right away with no renovations needed., Additional information: Appearance:** MINT **,Separate Hotwater Heater:yes

Last Agent to Sell the Property

Johnson John

North Star Home Services Inc Brokerage Phone: 516-283-2307 License #10311210627 Listed on: 02/20/2022

Co-Listed By

Marc Martinez

North Star Home Services Inc Brokerage Phone: 516-283-2307 License #10401357058

Last Buyer's Agent

Regi Eapen

North Star Home Services Inc License #10401286164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,393

Year Built

  • Built in 1910

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit, schools, and shops

Schools

  • Ps 239 Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 93 / 3546
  • Assessor Parcel Number 03546-0093

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,393

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1910
  • Attribution Contact: 516-283-2307
  • Co List Office Mls Id: KEYNRST01
  • Co List Office Phone: 516-283-2307
  • CurrentPrice: 1170000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No
  • Parking Description: None, On Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03546-0093
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6393
  • Tax Block: 3546
  • Tax Lot: 93

MLS Schools

  • Elementary School: Ps 239
  • High School: Grover Cleveland High School
  • Middle School District: Queens24

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Jun 30, 2022
Sold by
Arroyo Debra and Gonzalez As Trustee Christopher Louis
Bought by
Y & Y 188 Llc
Seller's Agent
Johnson John
North Star Home Services Inc
Buyer's Agent
Regi Eapen
North Star Home Services Inc
List Price
$1,288,000
Sold Price
$1,170,000
Premium/Discount to List
-$118,000
-9.16%
Current Estimated Value
$1,337,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,117
Avg. Annual Appreciation
3.88%
Original Mortgage
$702,000
Outstanding Balance
$665,920
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$671,197

Purchase Details

Closed on
Jul 30, 2021
Sold by
Estate Of Migual A Ramos and Estate Of Miguel A Ramos
Bought by
Arroyo Debra and Gonzalez Norma

Purchase Details

Closed on
May 20, 2019
Sold by
Gonzalez Louis and Gonzalez Norma
Bought by
Gonzalez Trustee Christopher Louis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Y & Y 188 Llc $1,170,000 --
Y & Y 188 Llc $1,170,000 --
Y & Y 188 Llc $1,170,000 --
Arroyo Debra -- --
Arroyo Debra -- --
Gonzalez Trustee Christopher Louis -- --
Gonzalez Trustee Christopher Louis -- --
Gonzalez Trustee Christopher Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Y & Y 188 Llc $702,000
Closed Y & Y 188 Llc $702,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $1,170,000 -9.2% $372 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $1,288,000 -- $410 / Sq Ft
Source: OneKey® MLS

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 $6,908 $36,437 $5,110 $31,327
2024 $6,908 $34,396 $5,782 $28,614
2023 $6,829 $33,998 $4,845 $29,153
2022 $6,423 $68,460 $10,560 $57,900
2021 $6,394 $68,100 $10,560 $57,540
2020 $6,427 $74,880 $10,560 $64,320
2019 $5,996 $76,200 $10,560 $65,640
2018 $5,775 $28,332 $4,583 $23,749
2017 $5,466 $26,812 $5,344 $21,468
2016 $5,061 $26,812 $5,344 $21,468
2015 $3,051 $25,303 $5,585 $19,718
2014 $3,051 $23,886 $6,281 $17,605
Source: Public Records

Agents Affiliated with this Home

  • Johnson John

    Seller's Agent in 2022

    Johnson John

    North Star Home Services Inc

    (631) 617-7737

    1 in this area

    79 Total Sales

    Johnson John
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Marc Martinez

    North Star Home Services Inc

  • R

    Buyer's Agent in 2022

    Regi Eapen

    North Star Home Services Inc

    (516) 283-2307

    1 in this area

    12 Total Sales

    Regi Eapen
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3377485

OneKey® MLS

APN: 03546-0093

New York Kings County Ridgewood 11237 Ridgewood

1639 Cornelia St, Ridgewood, NY

Not Listed for Sale

MultiFamily

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