$979,000
SOLD SEP 3, 2024
3 Beds
2 Baths
2,346 Sq Ft
1,733 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

3% Above List Price

19 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Window Unit Cooling System
  • Main Floor Bedroom
  • Eat-In Kitchen
  • 4-minute walk to Rosemary's Playground

About This Home

As of September 2024

Ridgewood: Welcome home to this 55-foot-long 2-family brick home in prime Ridgewood location. This home offers exceptional opportunities for both investors who are seeking rental income or buyers to live in. The first story boasts a spacious living room, dining room, kitchen, full bathroom, and 1 bedroom. The second story similarly includes a large living room, dining room, kitchen, full bathroom, and 2 bedrooms. This home also features a private, fenced in yard and a full finished basement, providing ample storage space or additional entertainment space, with access from both the front and rear of the home. Conveniently located near countless restaurants and local shops, as well as the local B13 bus line and less than half a mile from either the Seneca Avenue M train station or the Forest Avenue M train station! Vacant on title. EXCELLENT OPPORTUNITY FOR A 1031 EXCHANGE.

Last Agent to Sell the Property

Louis Pastorini

Coldwell Banker Phillips Brokerage Phone: 718-326-3900 License #10301217132 Listed on: 06/07/2024

Coldwell Banker Phillips

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 1901

Lot Details

  • 1,733 Sq Ft Lot
  • Lot Dimensions are 17.33x100
  • Two or More Common Walls
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,346 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Storage
  • Washer
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Ps 81 Jean Paul Richter Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 25 / 3391
  • Assessor Parcel Number 03391-0025

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,872

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-326-3900
  • BuildingSize: 17.42x55
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining, Living Room/Dining Room Combo, Storage
  • Living Area Units: Square Feet
  • Flooring: Wall To Wall Carpet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Bilco Door(s), Finished, Full, Walk-Out Access
  • Inclusions: A/C Units,Light Fixtures,Refrigerator,Second Stove,Washer
  • Total Bedrooms: 3
  • Living Area: 2346
  • SquareFootage: 2346.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced, Partial
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: None
  • SeparateHotwaterHeaterDetail: N

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 17.33x100
  • Lot Size Sq Ft: 1733
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03391-0025
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5872.28
  • Tax Block: 3391
  • Tax Lot: 25
  • Tax Map Number: 03391-0025

MLS Schools

  • Elementary School: Ps 81 Jean Paul Richter
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Sep 3, 2024
Sold by
Cullinan Christopher J and Cullinan Steven M
Bought by
Lee Abraham
Seller's Agent
Louis Pastorini
Coldwell Banker Phillips
Buyer's Agent
Non Member
NonMember
List Price
$949,000
Sold Price
$979,000
Premium/Discount to List
$30,000
3.16%
Views
69
Current Estimated Value
$1,032,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,000
Avg. Annual Appreciation
9.44%
Original Mortgage
$930,050
Outstanding Balance
$922,273
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,394

Purchase Details

Closed on
Apr 28, 2011
Sold by
Estate Of William J Cullinan
Bought by
Cullinan Christopher J and Cullinan Steven M

Purchase Details

Closed on
Apr 20, 2004
Sold by
Cullinan Lorraine
Bought by
Cullinan William J

Purchase Details

Closed on
Jun 24, 1983
Sold by
Cullinan Lorraine
Bought by
Cullinan Lorraine
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $979,000 --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $930,050 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $979,000 +3.2% $417 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $949,000 -- $405 / 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 $6,217 $32,784 $5,065 $27,719
2024 $6,217 $30,954 $5,054 $25,900
2023 $5,872 $29,237 $5,248 $23,989
2022 $5,676 $55,020 $9,660 $45,360
2021 $5,579 $46,380 $9,660 $36,720
2020 $5,783 $47,700 $9,660 $38,040
2019 $5,396 $50,100 $9,660 $40,440
2018 $4,967 $24,364 $4,019 $20,345
2017 $4,630 $23,288 $5,266 $18,022
2016 $4,163 $23,288 $5,266 $18,022
2015 -- $22,767 $7,464 $15,303
2014 -- $21,496 $8,457 $13,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3556083

OneKey® MLS

APN: 03391-0025