NOT LISTED FOR SALE

1687 Grove St Ridgewood, NY 11385

Bushwick Neighborhood

Estimated Value: $1,387,000 - $1,636,000

8 Beds
3.5 Baths
4,160 Sq Ft
$370/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $1,460,000 $351 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,014/month

72 Days on Market

Highlights

  • City View
  • 5-minute walk to Seneca Avenue
  • Main Floor Bedroom
  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2023

3 STORY 3 FAMILY BRICK BUILDING, FINISHED BASEMENT, R6B ZONING IN THE PRIME LOCATION OF RIDGEWOOD! This classic building with its elegant architecture, providing 4,160 SQ.FT interior inc. full finished basement, & 960 SQ.FT private backyard. Featuring recreational area in the basement. 2 Bed 1 Bath, Living, Dining, & Kitchen on the 1st FL. 3 Bed 1 Bath, Living, Dining, & Kitchen on the 2nd FL. 3 Bed 1 Bath, Living, Dining, & Kitchen on the 3rd FL. This beautiful townhouse is centrally located in the heart of Ridgewood bringing unparalleled opportunities for end users & investors. Close to well known Myrtle-Wyckoff Ave Station (L M Train). World class shopping & entertainment, fast food restaurants, bars & cafes, gyms, library, schools, & park such as CVS, Food Bazaar, Starbucks, Mc Donalds, Planet Fitness, Blink Fitness, RiteAid, etc... Do Not Miss This Opportunity To Own This Dynamic 3 Family R6B Zoning In The Heart Of Ridgewood!, Additional information: Interior Features:Lr/Dr

Last Agent to Sell the Property

JI Ming Qiu

Prime America Real Estate Inc License #10401347395 Listed on: 10/10/2022

Last Buyer's Agent

JI Ming Qiu

Prime America Real Estate Inc License #10401347395 Listed on: 10/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,259

Year Built

  • Built in 1901

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 4,160 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom

Location

  • Property is near public transit

Schools

  • Civic Leadership Academy Middle School
  • Academy-Finance & Enterprise High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 33 / 3442
  • Assessor Parcel Number 03442-0033

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,259

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Levels: Three Or More
  • Year Built: 1901
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, First Floor Bedroom
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Living Area: 4160
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • View: City

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Civic Leadership Academy

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03442-0033
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6B

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7259
  • Tax Block: 3442
  • Tax Lot: 33

MLS Schools

  • High School: Academy-Finance & Enterprise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Mar 6, 2023
Sold by
Chen Meng Chao
Bought by
Jiang Qiao Yan and Lin Fei
Seller's Agent
JI Ming Qiu
Prime America Real Estate Inc
Buyer's Agent
JI Ming Qiu
Prime America Real Estate Inc
List Price
$1,598,000
Sold Price
$1,460,000
Premium/Discount to List
-$138,000
-8.64%
Views
31
Current Estimated Value
$1,540,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,687
Avg. Annual Appreciation
2.17%
Original Mortgage
$1,095,000
Outstanding Balance
$1,062,851
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,836

Purchase Details

Closed on
Dec 23, 2002
Sold by
Chen Meng Chao and Chen Monica Meng
Bought by
Chen Meng Chao

Purchase Details

Closed on
May 15, 1999
Sold by
Chen Bin and Lin Xiu Hong
Bought by
Chen Meng Chao and Chen Monica Meng Jing

Purchase Details

Closed on
Mar 16, 1998
Sold by
Huang Nancy and Wang Victor
Bought by
Chen Bin and Lin Xiu Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.86%

Purchase Details

Closed on
Jun 8, 1996
Sold by
Huang Nancy and Wang Victor
Bought by
Huang Nancy and Wang Victor
Source: Public Records

Range of Values:

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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
Jiang Qiao Yan $1,460,000 --
Jiang Qiao Yan $1,460,000 --
Chen Meng Chao -- --
Chen Meng Chao -- --
Chen Meng Chao -- --
Chen Meng Chao -- --
Chen Bin $211,000 --
Chen Bin $211,000 --
Huang Nancy -- --
Huang Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Qiao Yan $1,095,000
Closed Jiang Qiao Yan $1,095,000
Previous Owner Chen Bin $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $1,460,000 -8.6% $351 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $1,598,000 -- $384 / 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 $8,204 $43,282 $7,175 $36,107
2024 $8,204 $40,846 $6,476 $34,370
2023 $8,048 $40,068 $6,988 $33,080
2022 $7,385 $73,440 $13,080 $60,360
2021 $7,664 $64,680 $13,080 $51,600
2020 $7,339 $71,100 $13,080 $58,020
2019 $6,828 $74,100 $13,080 $61,020
2018 $6,509 $33,390 $5,937 $27,453
2017 $6,125 $31,518 $6,327 $25,191
2016 $5,991 $31,518 $6,327 $25,191
2015 $3,366 $30,057 $6,671 $23,386
2014 $3,366 $28,365 $7,503 $20,862
Source: Public Records

Agents Affiliated with this Home

  • JI Ming Qiu

    Seller's Agent in 2023

    JI Ming Qiu

    Prime America Real Estate Inc

    (718) 975-1107

    9 in this area

    24 Total Sales

    JI Ming Qiu
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Map

Source: OneKey® MLS

MLS Number: L3436098

OneKey® MLS

APN: 03442-0033

New York Kings County Ridgewood 11385 Bushwick

1687 Grove St, Ridgewood, NY

This home is located at 1687 Grove St, Ridgewood, NY 11385 since 10 October 2022 and is currently estimated at $1,540,687, approximately $370 per square foot. This property was built in 1901. 1687 Grove St is a home located in Kings County with nearby schools including Learners And Leaders, I.S. 093 Ridgewood, and Success Academy Charter School-NYC 9.

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