NOT LISTED FOR SALE

Estimated Value: $1,198,714 - $1,472,000

7 Beds
2.5 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $1,150,000

Est. 13% increase in value since last sale

Current estimated payment $7,755/month

87 Days on Market

Highlights

  • Hot Water Heating System
  • 3-minute walk to Forest Avenue
  • 2-minute walk to Benninger Playground

About This Home

As of April 2024

Welcome to this exceptional investment opportunity in the heart of beautiful Ridgewood, a vibrant and bustling community that sets the stage for a promising investment venture. This legal 2-family property offers a unique blend of spacious living and lucrative potential. With a total of 7 bedrooms and 2.5 baths spread across its well-designed layout, this property caters to both comfort and functionality. Each unit is thoughtfully arranged, providing a versatile space for residents while offering the prospect of rental income. The property stands as a testament to meticulous upkeep, ensuring it is not only in excellent condition but also move-in ready for new occupants or tenants. The investment value is further enhanced by the full basement, partially finished and brimming with untapped potential. Whether you envision additional living space, a recreational area, or a home office, the basement provides a canvas for your creative ideas. Located in the heart of Ridgewood, residents will enjoy the benefits of a thriving neighborhood known for its diverse amenities, cultural attractions, and convenient access to urban conveniences. This property not only promises a solid return on investment but also a lifestyle embedded in the charm of Ridgewood. Seize the opportunity to own a piece of this dynamic community, where a meticulously maintained property meets the promise of a sound investment. Welcome to your new venture in the heart of Ridgewood!

Last Agent to Sell the Property

Nico Seepersaud

Voro LLC Brokerage Phone: 877-943-8676 License #10401282940 Listed on: 11/27/2023

Voro LLC

Last Buyer's Agent

Nico Seepersaud

Voro LLC Brokerage Phone: 877-943-8676 License #10401282940 Listed on: 11/27/2023

Voro LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,685

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • On-Street Parking

Schools

  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 55 / 3500
  • Assessor Parcel Number 03500-0055

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,685

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 877-943-8676
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • 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: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 03500-0055
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-29

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7685
  • Tax Block: 3500
  • Tax Lot: 55
  • Tax Map Number: 03500-0055

MLS Schools

  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Apr 24, 2024
Sold by
Vsrs Realty Holdings Inc
Bought by
Gruda Alexander and Logan John David
Seller's Agent
Nico Seepersaud
Voro LLC
Buyer's Agent
Nico Seepersaud
Voro LLC
List Price
$1,250,828
Sold Price
$1,150,000
Premium/Discount to List
-$100,828
-8.06%
Views
169
Current Estimated Value
$1,299,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,179
Avg. Annual Appreciation
3.19%
Original Mortgage
$175,000
Outstanding Balance
$172,861
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,026,120

Purchase Details

Closed on
Oct 12, 2023
Sold by
Knaus Maceira Monica
Bought by
Vsrs Realty Holding Inc

Purchase Details

Closed on
Feb 4, 2017
Sold by
Knaus-Maceira Monica and Maceira Raymond
Bought by
Knaus-Maceira Monica

Purchase Details

Closed on
Dec 5, 2002
Sold by
Knaus Anton and Knaus-Maceria Monica
Bought by
Maceira Monica and Maceira Raymond

Purchase Details

Closed on
Oct 24, 1998
Sold by
Knaus Anton
Bought by
Knaus Anton and Knaus Maceira Monica
Source: Public Records

Range of Values:

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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
Gruda Alexander $1,150,000 --
Gruda Alexander $1,150,000 --
Vsrs Realty Holding Inc $850,000 --
Vsrs Realty Holding Inc $850,000 --
Knaus-Maceira Monica -- --
Knaus-Maceira Monica -- --
Maceira Monica -- --
Maceira Monica -- --
Knaus Anton $10,000 First American Title Ins Co
Knaus Anton -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruda Alexander $175,000
Closed Gruda Alexander $175,000
Previous Owner Maceira Monica $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $1,150,000 -8.1% --
02/23/2024 02/23/24 Pending -- -- --
11/27/2023 11/27/23 For Sale $1,250,828 -- --
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 $8,117 $41,275 $4,964 $36,311
2024 $8,117 $40,415 $4,769 $35,646
2023 $7,685 $38,263 $4,585 $33,678
2022 $7,210 $75,720 $9,720 $66,000
2021 $7,239 $62,760 $9,720 $53,040
2020 $7,281 $63,360 $9,720 $53,640
2019 $7,045 $67,440 $9,720 $57,720
2018 $6,500 $31,886 $4,859 $27,027
2017 $6,135 $30,097 $5,743 $24,354
2016 $5,730 $30,097 $5,743 $24,354
2015 $3,425 $28,663 $7,166 $21,497
2014 $3,425 $28,066 $7,530 $20,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3518253

OneKey® MLS

APN: 03500-0055