NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,317,000

4 Beds
2 Baths
2,200 Sq Ft
$554/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2024

Last sale price $1,120,000 $509 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,266 / mo

49 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Eat-In Kitchen
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of May 2024

Looking for a 2-family brick home with tons of potential? Check out this gem that's just waiting for your personal touch to shine. This solid brick house offers a great foundation for anyone looking to remodel and customize their dream home. Each unit provides spacious living areas, perfect whether you're planning to occupy one unit and rent the other, or simply invest in a property with promising returns. Location is key, and this property does not disappoint. Situated close to the lively Fresh Pond Road, you're never too far from local shops, restaurants, and all the conveniences you need. Plus, with the train station just 4 blocks away, commuting is a breeze, making this an ideal spot for city dwellers looking for easy access to transportation. This property is a blank canvas, perfect for those who see the beauty in customization. Whether you're a first-time homebuyer with a vision, or an investor looking to capitalize on a great location, this brick home has something for everyone.

Last Agent to Sell the Property

Alejandra Fermin

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205596 Listed on: 02/06/2024

Co-Listed By

Elias Borjas

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205458

Last Buyer's Agent

Alejandra Fermin

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205596 Listed on: 02/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,247

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 1 Common Wall

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 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
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 40 / 3617
  • Assessor Parcel Number 03617-0040

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,247

Year Built

Built in 1930

Lot Details

2,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 718-841-7309
  • Co List Office Mls Id: ONEEMFN01
  • Co List Office Phone: 718-841-7309
  • BuildingSize: 20x55
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 4
  • Living Area: 2200
  • SquareFootage: 2200.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Shared Driveway, Attached, 2 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: None
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: 1

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03617-0040
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 3

Tax Info

  • Tax Annual Amount: 8247
  • Tax Block: 3617
  • Tax Lot: 40
  • Tax Map Number: 03617-0040

MLS Schools

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

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
Feb 6, 2024
Closed on
May 2, 2024
Sold by
Bought by
Seller's Agent
Alejandra Fermin
Empire Fine Homes
Buyer's Agent
Alejandra Fermin
Empire Fine Homes
List Price
$1,199,999
Sold Price
$1,120,000
Premium/Discount to List
-$79,999
-6.67%
Views
68
Current Estimated Value
$1,218,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,983
Avg. Annual Appreciation
4.04%
Original Mortgage
$896,000
Outstanding Balance
$876,493
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$342,490

Purchase Details

Closed on
Nov 6, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,120,000 --
$1,120,000 --
-- --
-- --
-- --
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 $896,000
Closed $896,000
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
05/02/2024 05/02/24 Sold $1,120,000 -6.7% $509 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $1,199,999 -- $545 / Sq Ft
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 $8,645 $45,624 $7,945 $37,679
2025 $7,192 $43,042 $6,758 $36,284
2024 $7,192 $40,608 $6,682 $33,926
2023 $7,192 $40,608 $5,945 $34,663
2022 $6,729 $72,660 $12,360 $60,300
2021 $6,991 $67,620 $12,360 $55,260
2018 $5,920 $33,840 $7,877 $25,963
2016 $5,129 $33,583 $8,355 $25,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3529904

OneKey® MLS

APN: 03617-0040

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