NOT LISTED FOR SALE

1724 Madison St Ridgewood, NY 11385

Ridgewood Neighborhood

Estimated Value: $1,346,110 - $1,502,000

9 Beds
4 Baths
3,964 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $1,200,000 $303 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,264/month

Highlights

  • Colonial Architecture
  • 2-minute walk to Seneca Avenue
  • 4-minute walk to Rosemary's Playground
  • Property is near public transit

About This Home

As of December 2020

Solid Brick 3 families House In Heart Of Ridgewood Near L And M Train, And Close To Everything. Newly Renovated, Each Floor has 3 bedrooms with Brand New Central A/C And Heat System. Each Room Has Window With Brightness. 3 Separate Boilers in High Ceiling Basement. Don't Miss This Opportunity To Be 1st Time Home Owner Or Investment

Last Agent to Sell the Property

Fang Bin Liu

Winzone Realty Inc Brokerage Phone: 718-676-6611 License #10401205454 Listed on: 07/27/2020

Winzone Realty Inc

Last Buyer's Agent

Vivian Fang

Sany Realty Group LLC License #10401268845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 1901

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 17x100
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: A/C Units,Awnings

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,200

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Exclusions: A/C Units,Awnings
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-676-6611
  • BuildingSize: 17x65
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Full
  • Total Bedrooms: 9
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 17x100
  • Lot Size Sq Ft: 1700
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 7200

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Dec 18, 2020
Sold by
Ye Anthony Zhenyu and Ye Mei Ling
Bought by
Lucky Sun Realty Llc
Seller's Agent
Fang Bin Liu
Winzone Realty Inc
Buyer's Agent
Vivian Fang
Sany Realty Group LLC
List Price
$1,420,000
Sold Price
$1,200,000
Premium/Discount to List
-$220,000
-15.49%
Current Estimated Value
$1,425,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,528
Avg. Annual Appreciation
3.81%
Original Mortgage
$690,000
Outstanding Balance
$618,641
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$808,934

Purchase Details

Closed on
Dec 12, 2007
Sold by
Ye Yan Qun and Ye Mei Ling
Bought by
Ye Mei Ling and Ye Zhen Yu
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
Lucky Sun Realty Llc $1,200,000 --
Ye Mei Ling -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucky Sun Realty Llc $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $1,200,000 -15.5% $303 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $1,420,000 -- $358 / 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 $8,391 $42,134 $5,444 $36,690
2024 $8,391 $41,777 $5,479 $36,298
2023 $7,916 $39,413 $5,677 $33,736
2022 $7,424 $73,920 $11,520 $62,400
2021 $7,389 $61,260 $11,520 $49,740
2020 $7,136 $65,880 $11,520 $54,360
2019 $6,990 $72,360 $11,520 $60,840
2018 $6,398 $32,844 $5,182 $27,662
2017 $6,018 $30,992 $6,231 $24,761
2016 $5,539 $30,992 $6,231 $24,761
2015 $3,307 $29,260 $7,867 $21,393
2014 $3,307 $29,012 $9,366 $19,646
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Fang Bin Liu

    Winzone Realty Inc

    (917) 378-6120

    1 in this area

    26 Total Sales

    Fang Bin Liu
    Section Image
  • Vivian Fang

    Buyer's Agent in 2020

    Vivian Fang

    Sany Realty Group LLC

    (929) 235-0501

    1 in this area

    52 Total Sales

    Vivian Fang
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3237106

OneKey® MLS

APN: 03460-0022

New York Queens County Ridgewood 11385 Ridgewood

1724 Madison St, Ridgewood, NY

This home is located at 1724 Madison St, Ridgewood, NY 11385 since 27 July 2020 and is currently estimated at $1,425,528, approximately $359 per square foot. This property was built in 1901. 1724 Madison St is a home located in Queens County with nearby schools including P.S. 239, Joseph F. Quinn Intermediate School 77, and St. Brigid-St. Frances Cabrini Catholic Academy.

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