Seller's Agent in 2024
Nico Seepersaud
Voro LLC
(929) 724-9192
1 in this area
13 Total Sales
59-43 Madison St Flushing, NY 11385
Ridgewood NeighborhoodEstimated Value: $1,210,000 - $1,495,000
7
Beds
2.5
Baths
--
Sq Ft
2,000
Sq Ft Lot Lot
Highlights
- Hot Water Heating System
- 3-minute walk to Forest Avenue
- 2-minute walk to Benninger Playground
About This Home
As of April 2024Welcome 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
Voro LLC Brokerage Phone: 877-943-8676 License #10401282940 Listed on: 11/27/2023
Last Buyer's Agent
Voro LLC Brokerage Phone: 877-943-8676 License #10401282940 Listed on: 11/27/2023
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2023
Closed on
Apr 24, 2024
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,693
Avg. Annual Appreciation
6.97%
Original Mortgage
$175,000
Outstanding Balance
$171,225
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,155,468
Purchase Details
Closed on
Oct 12, 2023
Sold by
Bought by
Purchase Details
Closed on
Feb 4, 2017
Sold by
Bought by
Purchase Details
Closed on
Dec 5, 2002
Sold by
Bought by
Purchase Details
Closed on
Oct 24, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,150,000 | -- | ||
| $1,150,000 | -- | ||
| $1,150,000 | -- | ||
| $850,000 | -- | ||
| $850,000 | -- | ||
| $850,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $10,000 | First American Title Ins Co | ||
| -- | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $175,000 | ||
| Closed | $175,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,290 | $41,275 | $4,653 | $36,622 |
| 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
-
Nico Seepersaud
Map
Source: OneKey® MLS
MLS Number: KEY3518253
APN: 03500-0055
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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