$1,250,000
SOLD SEP 7, 2024
5 Beds
2.5 Baths
2,480 Sq Ft
2,408 Sq Ft Lot

Recently Sold

$504 Per Sq Ft

4% Above List Price

25 Days on Market

Highlights

  • City View
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Wood Flooring
  • Hot Water Heating System
  • 2-minute walk to Grover Cleveland Park

About This Home

As of September 2024

Explore the charm of Ridgewood, Queens in this meticulously maintained two-family, semi-attached home. Boasting five beds, three baths, and a full-finished basement with a separate entrance, it offers versatile living. Enjoy the convenience of a shared driveway, private two-car garage, carport, and solar panels on the roof. This investment opportunity, delivered fully vacant, awaits you. This will not last long!

Last Agent to Sell the Property

Patrick Lennon

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10401351898 Listed on: 03/07/2024

RE/MAX Edge

Co-Listed By

Joseph Mistretta

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10401326934

Last Buyer's Agent

Eva Ma

B Square Realty License #10401320437

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,964

Year Built

  • Built in 1901

Lot Details

  • 2,408 Sq Ft Lot
  • Lot Dimensions are 24.08x100
  • 1 Common Wall

Parking

  • 2 Car Detached Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2,480 Sq Ft Home
  • Wood Flooring
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 88 / 3368
  • Assessor Parcel Number 03368-0088

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,964

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-288-3835
  • Co List Office Mls Id: ONERMXE01
  • Co List Office Phone: 718-288-3835
  • BuildingSize: 2,480
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dryer,Refrigerator,Washer
  • Total Bedrooms: 5
  • Living Area: 2480
  • SquareFootage: 2480.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Block, Brick
  • View: City
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Carport

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Oil, Hot Water, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 24.08x100
  • Lot Size Sq Ft: 2408
  • Lot Size Units: Acres
  • Parcel Number: 03368-0088
  • Zoning Description: R5B
  • 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: 7964
  • Tax Block: 3368
  • Tax Lot: 88
  • Tax Map Number: 03368-0088

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
Mar 7, 2024
Closed on
Sep 6, 2024
Sold by
Alfano Karen and Alfano Lawrence
Bought by
Lin Dong
Seller's Agent
Patrick Lennon
RE/MAX Edge
Buyer's Agent
Eva Ma
B Square Realty
List Price
$1,199,000
Sold Price
$1,250,000
Premium/Discount to List
$51,000
4.25%
Views
103
Current Estimated Value
$1,277,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,104
Avg. Annual Appreciation
1.67%
Original Mortgage
$500,000
Outstanding Balance
$495,819
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$773,602
Source: Public Records

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Range of Values:

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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 $1,250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Purchase Money Mortgage
Previous Owner $34,000 Unknown
Previous Owner $26,447 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2024 09/07/24 Sold $1,250,000 +4.3% $504 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,199,000 0.0% $483 / Sq Ft
03/08/2024 03/08/24 Off Market $1,199,000 -- --
03/07/2024 03/07/24 For Sale $1,199,000 -- $483 / 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 $7,585 $43,195 $6,914 $36,281
2024 $3,515 $41,566 $7,975 $33,591
2023 $7,113 $39,214 $6,829 $32,385
2022 $6,931 $63,540 $11,880 $51,660
2021 $7,342 $56,220 $11,880 $44,340
2020 $6,960 $61,800 $11,880 $49,920
2019 $6,587 $68,100 $11,880 $56,220
2018 $5,003 $32,678 $6,444 $26,234
2017 $5,813 $31,683 $7,244 $24,439
2016 $6,024 $31,683 $7,244 $24,439
2015 $3,385 $29,997 $8,738 $21,259
2014 $3,385 $28,865 $9,195 $19,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3536367

OneKey® MLS

APN: 03368-0088