NOT LISTED FOR SALE

Estimated Value: $1,100,922 - $1,250,000

5 Beds
2 Baths
-- Sq Ft
2,442 Sq Ft Lot

Last Sold February 02, 2023

Last sale price $1,100,000

Est. 8% increase in value since last sale

Current estimated payment $7,188/month

25 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • 2-minute walk to Benninger Playground

About This Home

As of February 2023

Ridgewood: Rare semi-detached 2-family brick home with parking! Perfect for investors or as an owner-occupied residence, this well-maintained home features a 3-bedroom apartment over a 2-bedroom apartment. Both apartments include a spacious living room, dining room, bathroom, eat-in kitchen, and private box bedrooms. Additional features include a full finished basement, private yard with a 2-car garage, and driveway for easy parking. Easy access PS 71 and IS 93, local shopping and restaurants on Fresh Pond Road, and local transportation including the Q38, Q39, Q54, Q58, and Q67 bus lines and the Fresh Pond Road M Train station. Close to PS 71 and IS 93. Vacant on title!

Last Agent to Sell the Property

Louis Pastorini

Coldwell Banker Phillips License #10301217132 Listed on: 10/26/2022

Coldwell Banker Phillips

Last Buyer's Agent

Ayman Aziz

Keller Williams Realty Greater License #10401316406

Keller Williams Realty Greater

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,749

Year Built

  • Built in 1925

Lot Details

  • 2,442 Sq Ft Lot
  • Lot Dimensions are 24.42x100
  • 1 Common Wall
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Wall to Wall Carpet
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 71 Forest Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 14 / 3523
  • Assessor Parcel Number 03523-0014

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

$7,749

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Semi Detached
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Building Size: 20x55
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-326-3900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Wall To Wall Carpet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Bilco Door(s), Finished, Full
  • Inclusions: Light Fixtures, Refrigerator, Washer
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick, Stucco
  • Flood Zone Date: 2022-10-25
  • Flood Zone Report: Yes
  • Fencing: Back Yard, Fenced, Partial

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 2 Car Detached, Common

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Separate Hotwater Heater Detail: Y
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 71 Forest
  • Middle School: Is 93 Ridgewood
  • High School: Grover Cleveland High School
  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 24.42x100
  • Lot Size Sq Ft: 2442.00
  • Lot Size Units: Acres
  • Parcel Number: 03523-0014
  • Property Attached: Yes

Rental Info

  • Hold End Date: 2022-11-22
  • Hold Start Date: 2022-11-19
  • Lease Considered: No

Tax Info

  • Close Date: 2023-02-02
  • Tax Annual Amount: 7748.84
  • Tax Block: 3523
  • Tax Lot: 14
  • Tax Map Number: 03523-0014

Multi Family

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

MLS Schools

  • Elementary School: Ps 71 Forest
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Feb 2, 2023
Sold by
Luscher Fred and Luscher Trudy
Bought by
Bartela Vulet and Samwiel Raafat
Seller's Agent
Louis Pastorini
Coldwell Banker Phillips
Buyer's Agent
Ayman Aziz
Keller Williams Realty Greater
List Price
$1,189,000
Sold Price
$1,100,000
Premium/Discount to List
-$89,000
-7.49%
Views
37
Current Estimated Value
$1,187,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,669
Avg. Annual Appreciation
2.97%
Original Mortgage
$880,000
Outstanding Balance
$855,929
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,563
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
Bartela Vulet $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartela Vulet $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $1,100,000 0.0% --
11/21/2022 11/21/22 Pending -- -- --
11/19/2022 11/19/22 Off Market $1,100,000 -- --
10/26/2022 10/26/22 For Sale $1,189,000 -- --
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 $8,596 $45,365 $7,952 $37,413
2024 $8,596 $42,798 $7,726 $35,072
2023 $8,264 $41,144 $7,986 $33,158
2022 $7,090 $64,440 $13,020 $51,420
2021 $7,510 $64,380 $13,020 $51,360
2020 $7,343 $63,480 $13,020 $50,460
2019 $6,802 $69,900 $13,020 $56,880
2018 $6,330 $34,287 $7,140 $27,147
2017 $5,948 $32,347 $7,420 $24,927
2016 $5,845 $32,347 $7,420 $24,927
2015 $3,242 $31,503 $11,716 $19,787
2014 $3,242 $29,721 $10,174 $19,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3439081

OneKey® MLS

APN: 03523-0014