NOT LISTED FOR SALE

58-05 69th Ave Ridgewood, NY 11385

Ridgewood Neighborhood

Estimated Value: $1,281,000 - $1,423,000

8 Beds
2.5 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $1,260,000

Est. 8% increase in value since last sale

Current estimated payment $7,812/month

211 Days on Market

Highlights

  • Colonial Architecture
  • 5-minute walk to Forest Avenue
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of June 2022

Great Investment Opportunity Available in Ridgewood! Over 5,000SqFt Legal 2 Family with R5B Zoning. 1690 Sf. Building Size, Stretches from 69th Avenue to Catalpa Avenue. Easily Convert to a 3-4 Family. 8 Bedrooms, 3 Full Baths. 3 Levels of Living Space. Great Condition with Updated Kitchen and Hardwood Floors. 1st Floor is 6 Rooms. 2nd Floor is 7 Rooms. Finished Basement has 4 Rooms, Full Bath and OSE. Closed to Subway and transportation, Must to See!

Last Agent to Sell the Property

Kayla Piao

Sweet Key Realty Group Inc License #10311209982 Listed on: 07/07/2021

Co-Listed By

Qun Lin

Sweet Key Realty Group Inc License #10401254850

Last Buyer's Agent

Kayla Piao

Sweet Key Realty Group Inc License #10311209982 Listed on: 07/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,533

Year Built

  • Built in 1901

Lot Details

  • 2,230 Sq Ft Lot
  • Lot Dimensions are 22.25x100.25
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

  • Is 77 Middle School
  • Newtown High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Tax Lot 2168
  • Assessor Parcel Number 03474-0046

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

$7,533

Year Built

Built in 1901

Lot Details

2,230 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Building Size: 5070
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-899-7000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

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

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 77

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 22.25X100.25
  • Lot Size Sq Ft: 2230.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03474-0046
  • Zoning Description: R5B
  • Property Attached: No

Rental Info

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

Tax Info

  • Close Date: 2022-06-06
  • Tax Annual Amount: 7533.00
  • Tax Lot: 2168
  • Tax Map Number: 03474-0046

Multi Family

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

MLS Schools

  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Jun 3, 2022
Sold by
Stefan Gheorghe
Bought by
58-05 69 Ave Llc
Seller's Agent
Kayla Piao
Sweet Key Realty Group Inc
Buyer's Agent
Kayla Piao
Sweet Key Realty Group Inc
List Price
$1,490,000
Sold Price
$1,260,000
Premium/Discount to List
-$230,000
-15.44%
Current Estimated Value
$1,365,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,728
Avg. Annual Appreciation
2.15%

Purchase Details

Closed on
Oct 10, 1996
Sold by
Macrie John E and Macrie Lorraine C
Bought by
Stefan Gheorghe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
58-05 69 Ave Llc $1,260,000 --
Stefan Gheorghe $210,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stefan Gheorghe $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $1,260,000 -9.2% --
02/03/2022 02/03/22 Pending -- -- --
10/21/2021 10/21/21 Price Changed $1,388,000 -3.5% --
10/06/2021 10/06/21 Price Changed $1,438,000 -1.5% --
08/25/2021 08/25/21 Price Changed $1,460,000 -2.0% --
07/07/2021 07/07/21 For Sale $1,490,000 -- --
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 $8,476 $44,389 $5,379 $39,010
2024 $8,476 $42,200 $5,213 $36,987
2023 $8,566 $42,180 $4,398 $37,782
2022 $7,596 $102,000 $10,680 $91,320
2021 $7,956 $95,580 $10,680 $84,900
2020 $7,534 $96,660 $10,680 $85,980
2019 $7,064 $83,700 $10,680 $73,020
2018 $6,868 $35,150 $6,371 $28,779
2017 $6,760 $34,634 $6,530 $28,104
2016 $6,222 $34,634 $6,530 $28,104
2015 $3,721 $30,826 $6,488 $24,338
2014 $3,721 $29,306 $7,059 $22,247
Source: Public Records

Agents Affiliated with this Home

  • Kayla Piao

    Seller's Agent in 2022

    Kayla Piao

    Sweet Key Realty Group Inc

    (201) 707-8317

    1 in this area

    40 Total Sales

    Kayla Piao
    Section Image
  • Qun Lin

    Seller Co-Listing Agent in 2022

    Qun Lin

    Sweet Key Realty Group Inc

    (347) 323-2443

    1 in this area

    50 Total Sales

    Qun Lin
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3327876

OneKey® MLS

APN: 03474-0046

New York Queens County Ridgewood 11385 Ridgewood

58-05 69th Ave, Ridgewood, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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