NOT LISTED FOR SALE

5519 Metropolitan Ave Ridgewood, NY 11385

Maspeth Neighborhood

Estimated Value: $1,583,448

7 Beds
4.5 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold July 23, 2019

Last sale price $1,375,000

Est. 15% increase in value since last sale

Current estimated payment $9,666/month

143 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Heating System Uses Steam
  • 5-minute walk to Grover Cleveland Park
  • Eat-In Kitchen

About This Home

As of July 2019

Beautifully Situated Building Minutes To All Transportation And City. This Is A Three Residential Dwelling Property And C/O For One Commercial Space. Features 2 Garage Spaces. And It Is A Corner Building; Property Will Be Delivered Vacant.

Last Agent to Sell the Property

Rosemarie Modica

MOTAN Realty Inc License #10311210517 Listed on: 02/07/2019

Last Buyer's Agent

Rosemarie Modica

MOTAN Realty Inc License #10311210517 Listed on: 02/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,711

Year Built

  • Built in 1915

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Parking

  • Private Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 1 / 2640
  • Assessor Parcel Number 02640-0001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,711

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1915
  • CurrentPrice: 1375000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen, Master Downstairs
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 7
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Private

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 25X100
  • Lot Size Sq Ft: 2500
  • Parcel Number: 02640-0001
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 17711
  • Tax Block: 2640
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jul 31, 2019
Sold by
Kollins Laura Grace
Bought by
5519 Metro Avenue Llc
Seller's Agent
Rosemarie Modica
MOTAN Realty Inc
Buyer's Agent
Rosemarie Modica
MOTAN Realty Inc
List Price
$1,425,000
Sold Price
$1,375,000
Premium/Discount to List
-$50,000
-3.51%
Current Estimated Value
$1,583,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,448
Avg. Annual Appreciation
2.20%
Original Mortgage
$825,000
Outstanding Balance
$722,993
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$860,455

Purchase Details

Closed on
Apr 30, 2015
Sold by
1815 Putnam Realty Inc
Bought by
Kollins Laura Grace

Purchase Details

Closed on
Oct 21, 2013
Sold by
Scaturro Philip
Bought by
1815 Putnam Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2001
Sold by
Fraga Antonio
Bought by
Scaturro Paola and Scaturro Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2000
Sold by
Arigo Joseph V and Arigo Joan
Bought by
Fraga Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
5519 Metro Avenue Llc $1,375,000 --
Kollins Laura Grace $1,070,000 --
1815 Putnam Realty Inc $760,000 --
Scaturro Paola -- --
Fraga Antonio $150,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5519 Metro Avenue Llc $825,000
Previous Owner 1815 Putnam Realty Inc $300,000
Previous Owner Scaturro Paola $226,500
Previous Owner Fraga Antonio $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $1,375,000 -- --
07/23/2019 07/23/19 Sold $1,375,000 0.0% --
07/02/2019 07/02/19 Off Market $1,375,000 -- --
06/30/2019 06/30/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $1,425,000 -- --
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 $17,614 $152,162 $37,886 $114,276
2024 $17,614 $140,891 $42,103 $98,788
2023 $16,309 $130,455 $46,781 $83,674
2022 $15,961 $156,150 $55,350 $100,800
2021 $15,507 $148,770 $55,350 $93,420
2020 $14,565 $144,450 $55,350 $89,100
2019 $13,669 $120,420 $55,350 $65,070
2018 $12,764 $100,350 $55,350 $45,000
2017 $8,805 $168,450 $55,350 $113,100
2016 $17,126 $168,450 $55,350 $113,100
2015 $11,149 $158,187 $55,350 $102,837
2014 $11,149 $154,587 $55,350 $99,237
Source: Public Records

Agents Affiliated with this Home

  • Rosemarie Modica

    Seller's Agent in 2019

    Rosemarie Modica

    MOTAN Realty Inc

    (347) 306-6178

    19 Total Sales

    Rosemarie Modica
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Map

Source: OneKey® MLS

MLS Number: L3099424

OneKey® MLS

APN: 02640-0001

New York Queens County Ridgewood 11378 Maspeth

5519 Metropolitan Ave, Ridgewood, NY

Not Listed for Sale

MultiFamily

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