NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,217,000

5 Beds
3 Baths
2,090 Sq Ft
$548/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $1,040,000 $498 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,576/month

66 Days on Market

Highlights

  • Property is near public transit
  • Home Office
  • Park
  • Wood Flooring
  • Window Unit Cooling System
  • 1-minute walk to Grover Cleveland Park

About This Home

As of May 2023

Rare opportunity to own this high-potential Brick House located In The Heart Of Ridgewood, it is in move in condition, has a Potential cap rate of 6% and low taxes! This investor's dream property features 5 BR 3 BA, R6B Zoning, 2138 sq ft of living space, finished basement with separate entrance, it's also close to M, L train, it has so much potential for you to make it your own!

Last Agent to Sell the Property

Chung Hsien Hsin

Royalux Realty LLC License #10401302155 Listed on: 12/03/2022

Co-Listed By

Liu Hu

B Square Realty License #10301224111

Last Buyer's Agent

Juan Fernandez

EXP Realty License #10401328225

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,724

Year Built

  • Built in 1910

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 19x100
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Location

  • Property is near public transit

Schools

  • Ps 71 Forest Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 50 / 3379
  • Assessor Parcel Number 03379-0050

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,724

Year Built

Built in 1910

Lot Details

1,900 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • Co List Office Mls Id: ONELILI01
  • Co List Office Phone: 718-939-8388
  • BuildingSize: 19X55
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Home Office, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 19x100
  • Lot Size Sq Ft: 1900
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03379-0050
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-12-05

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6723.52
  • Tax Block: 3379
  • Tax Lot: 50
  • Tax Map Number: 03379-0050

MLS Schools

  • Elementary School: Ps 71 Forest
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
May 16, 2023
Sold by
Estate Of Lea Sanzone and Lucy
Bought by
Cantos Mike A and Cantos Jaya Karla
Seller's Agent
Chung Hsien Hsin
Royalux Realty LLC
Buyer's Agent
Juan Fernandez
EXP Realty
List Price
$1,099,000
Sold Price
$1,040,000
Premium/Discount to List
-$59,000
-5.37%
Views
142
Current Estimated Value
$1,146,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,195
Avg. Annual Appreciation
3.48%
Original Mortgage
$1,005,290
Outstanding Balance
$976,772
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,423

Purchase Details

Closed on
May 4, 2000
Sold by
Weidenschlager Carol Ann
Bought by
Sanzone Carl and Sanzone Lea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cantos Mike A $1,040,000 --
Sanzone Carl $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantos Mike A $1,005,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $1,040,000 -3.3% $498 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
12/23/2022 12/23/22 Price Changed $1,075,000 -2.2% $514 / Sq Ft
12/03/2022 12/03/22 For Sale $1,099,000 -- $526 / 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 $7,340 $38,730 $7,591 $31,139
2024 $7,340 $36,547 $7,886 $28,661
2023 $6,994 $34,824 $7,130 $27,694
2022 $6,609 $56,040 $12,960 $43,080
2021 $6,967 $54,840 $12,960 $41,880
2020 $6,832 $58,200 $12,960 $45,240
2019 $6,371 $64,080 $12,960 $51,120
2018 $5,916 $29,020 $6,965 $22,055
2017 $5,624 $27,588 $7,620 $19,968
2016 $5,515 $27,588 $7,620 $19,968
2015 $3,139 $26,896 $10,560 $16,336
2014 $3,139 $25,380 $8,504 $16,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3446526

OneKey® MLS

APN: 03379-0050

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