NOT LISTED FOR SALE

Estimated Value: $1,106,486 - $2,200,000

7 Beds
3 Baths
3,000 Sq Ft
$499/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $1,020,000 $340 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,384/month

66 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Park
  • Property is near public transit, schools, and shops
  • Skylights
  • 4-minute walk to Grover Cleveland Park

About This Home

As of September 2021

Large three family home located on the border of Ridgewood /Bushwick. Building is 25 feet wide and 60 feet long. Large three bedroom apartment 6 rooms located on the first floor with access to yard No lease/ Can be vacant . 2(2) no lease /vacant, bedroom apartments located on the second floor (railroad).New Boiler and Roof. Great investment low taxes near everything. Near transportation., Additional information: Appearance:Very Good,Separate Hotwater Heater:yes

Last Agent to Sell the Property

Richard Gambino

Coldwell Banker American Homes Brokerage Phone: 718-206-1340 License #30GA0817217 Listed on: 03/19/2021

Coldwell Banker American Homes

Last Buyer's Agent

Richard Gambino

Coldwell Banker American Homes Brokerage Phone: 718-206-1340 License #30GA0817217 Listed on: 03/19/2021

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,900

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Private Entrance
  • Back Yard Fenced
  • Level Lot

Home Design

  • Triplex
  • Colonial Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • Skylights
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit, schools, and shops

Schools

  • Learners And Leaders Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

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

$6,900

Year Built

Built in 1920

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Property Condition: Estimated
  • Year Built: 1920
  • Attribution Contact: 718-206-1340
  • CurrentPrice: 1020000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.91743
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 7
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Stucco, Wood Siding, Other
  • Fencing: Back Yard, Fenced, Partial
  • Pool Private: No
  • Spa: No
  • Exterior Features: Private Entrance
  • Foundation Details: Other

Utilities

  • Heating: Natural Gas, Hot Water
  • Utilities: Trash Collection Public

Condo/Co-op/Association

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

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Dimensions: 25 by 100
  • Lot Size Sq Ft: 2500
  • Lot Features: Near Public Transit, Near School, Near Shops, Level
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R5B

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 6900

MLS Schools

  • Elementary School: Learners And Leaders
  • High School: Grover Cleveland High School
  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Sep 24, 2021
Sold by
Cuevas Esther
Bought by
Guaman Guaman Remigio Remigio and Lazo Zaruma Maria
Seller's Agent
Richard Gambino
Coldwell Banker American Homes
Buyer's Agent
Richard Gambino
Coldwell Banker American Homes
List Price
$1,199,000
Sold Price
$1,020,000
Premium/Discount to List
-$179,000
-14.93%
Current Estimated Value
$1,496,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,622
Avg. Annual Appreciation
8.94%
Original Mortgage
$714,000
Outstanding Balance
$651,101
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$845,521

Purchase Details

Closed on
Dec 10, 2012
Sold by
Cuevas Esther
Bought by
Cuevas Esther and Ocasio Hector L

Purchase Details

Closed on
Sep 17, 2003
Sold by
Abraham Julia
Bought by
Cuevas Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1997
Sold by
Morales Evelyn
Bought by
Abraham Julia

Purchase Details

Closed on
Jul 24, 1996
Sold by
Sanchez Jose
Bought by
Morales Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,845
Interest Rate
8.22%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Guaman Guaman Remigio Remigio $1,020,000 --
Cuevas Esther -- --
Cuevas Esther $280,000 --
Abraham Julia -- Commonwealth Land Title Ins
Morales Evelyn $185,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guaman Guaman Remigio Remigio $714,000
Previous Owner Cuevas Esther $210,000
Previous Owner Morales Evelyn $183,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $1,020,000 -14.9% $340 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $1,199,000 -- $400 / Sq Ft
Source: OneKey® MLS

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 $7,168 $37,763 $7,021 $30,742
2024 $7,168 $35,686 $7,015 $28,671
2023 $6,822 $33,966 $6,449 $27,517
2022 $6,437 $68,400 $12,360 $56,040
2021 $6,786 $66,540 $12,360 $54,180
2020 $6,661 $73,140 $12,360 $60,780
2019 $6,221 $80,580 $12,360 $68,220
2018 $5,478 $28,305 $3,714 $24,591
2017 $5,478 $26,872 $4,835 $22,037
2016 $5,372 $26,872 $4,835 $22,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3295506

OneKey® MLS

APN: 03401-0048

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