NOT LISTED FOR SALE

Estimated Value: $1,026,223 - $1,343,000

5 Beds
2 Baths
2,168 Sq Ft
$564/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $1,125,000 $519 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,166/month

196 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Skylights
  • Wood Flooring
  • Formal Dining Room
  • Porch

About This Home

As of June 2023

5 bedroom 2 bathroom legal 2 family home on a large lot in the most desirable area of Ridgewood Queens. Currently offering two floors of living space. Large unfinished basement waiting to be finished. Newly remodeled bathrooms and loads of closet space. Front open porch and the kitchen/dining area opens to a beautiful backyard deck and landscaped garden. Enjoy owning a prized real estate asset in a vibrant community with some of Ridgewood's best restaurants, shops, parks, and premier subways to Manhattan. Great investment opportunity. Property delivered clear and vacant.

Last Agent to Sell the Property

Anna Pinto

APRE Inc License #10311201568 Listed on: 10/19/2022

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,208

Year Built

  • Built in 1901

Lot Details

  • 2,000 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Ps 88 Seneca Elementary School
  • Is 77 Middle School
  • Grover Cleveland High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 03516-0048

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,208

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1901
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining, Entrance Foyer, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Inclusions: A/C Units,Ceiling Fan,Microwave,Refrigerator,Wall Oven
  • Total Bedrooms: 5
  • Living Area: 2168
  • Window Features: Skylight(s)
  • SquareFootage: 2168.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Patio and Porch Features: Patio, Porch
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 77

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 2000
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03516-0048
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-10-21

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6208
  • Tax Map Number: 03516-0048
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Ps 88 Seneca
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Jun 26, 2023
Sold by
Estate Of Marie Feser and Van Houten
Bought by
Bickford Marshall Nicholas Allen and Edwards Raz Gwen
Seller's Agent
Anna Pinto
APRE Inc
Buyer's Agent
Non Member
NonMember
List Price
$1,399,000
Sold Price
$1,125,000
Premium/Discount to List
-$274,000
-19.59%
Views
84
Current Estimated Value
$1,206,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,060
Avg. Annual Appreciation
1.69%
Original Mortgage
$510,000
Outstanding Balance
$497,976
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$668,081
Source: Public Records

Range of Values:

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Average Value
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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
Bickford Marshall Nicholas Allen $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bickford Marshall Nicholas Allen $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $1,125,000 -6.2% $519 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $1,199,000 -14.3% $553 / Sq Ft
10/19/2022 10/19/22 For Sale $1,399,000 -- $645 / 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 $7,142 $37,690 $5,036 $32,654
2024 $7,142 $35,557 $5,295 $30,262
2023 $6,627 $33,546 $4,590 $28,956
2022 $6,208 $61,920 $9,900 $52,020
2021 $6,545 $66,240 $9,900 $56,340
2020 $6,532 $72,780 $9,900 $62,880
2019 $6,083 $64,140 $9,900 $54,240
2018 $5,586 $27,955 $5,177 $22,778
2017 $5,329 $26,374 $5,818 $20,556
2016 $5,226 $26,374 $5,818 $20,556
2015 $2,974 $26,174 $8,316 $17,858
2014 $2,974 $24,693 $8,084 $16,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3438070

OneKey® MLS

APN: 03516-0048