NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $1,327,000

5 Beds
3 Baths
2,209 Sq Ft
$558/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $1,050,000 $475 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,197/month

52 Days on Market

Highlights

  • Formal Dining Room
  • 2-minute walk to Forest Avenue
  • 3-minute walk to Rosemary's Playground
  • Eat-In Kitchen
  • Heating System Uses Steam

About This Home

As of January 2020

Beautiful limestone Two-family home. Currently setup 2 bed (convertible to 3) over a 3 bed with a finished basement (separate entrance). A block away from the Forest Avenue M train and surrounded by buses including the Q58, Q39, and B20. Across from Ridgewood Public Library and around plenty of stores, shops, and restaurants. Convenience surrounds this home! Plenty of storage and closet space, a well maintained roof, and new boiler.

Last Agent to Sell the Property

Odalis Gonzalez

RE/MAX Edge Brokerage Phone: 516-873-7100 License #10401341602 Listed on: 09/17/2019

RE/MAX Edge

Last Buyer's Agent

Odalis Gonzalez

RE/MAX Edge Brokerage Phone: 516-873-7100 License #10401341602 Listed on: 09/17/2019

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,895

Year Built

  • Built in 1920

Lot Details

  • 1,916 Sq Ft Lot
  • Lot Dimensions are 20x95

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 9 / 3501
  • Assessor Parcel Number 03501-0009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,895

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1920
  • Attribution Contact: 516-873-7100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20x95
  • Lot Size Sq Ft: 1916
  • Parcel Number: 03501-0009
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R5B

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6895
  • Tax Block: 3501
  • Tax Lot: 9

MLS Schools

  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Jan 21, 2020
Sold by
Morales Surviving Tenant Olga
Bought by
Thirlwell James
Seller's Agent
Odalis Gonzalez
RE/MAX Edge
Buyer's Agent
Odalis Gonzalez
RE/MAX Edge
List Price
$1,099,000
Sold Price
$1,050,000
Premium/Discount to List
-$49,000
-4.46%
Current Estimated Value
$1,232,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,773
Avg. Annual Appreciation
2.84%
Original Mortgage
$735,000
Outstanding Balance
$651,148
Interest Rate
3.74%
Mortgage Type
Unknown
Estimated Equity
$581,625

Purchase Details

Closed on
Jan 29, 1996
Sold by
Balasubramanian Thangavelu and Balasubramanian Meena
Bought by
Morales Jesus M and Morales Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
7%
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
Thirlwell James $1,050,000 --
Morales Jesus M $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thirlwell James $735,000
Previous Owner Morales Jesus M $159,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2020 01/21/20 Sold $1,050,000 +5.0% $475 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/24/2019 10/24/19 Price Changed $999,999 -9.0% $453 / Sq Ft
09/17/2019 09/17/19 For Sale $1,099,000 -- $498 / 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 $7,944 $40,738 $4,683 $36,055
2024 $7,944 $39,554 $5,017 $34,537
2023 $7,513 $37,404 $4,664 $32,740
2022 $7,124 $69,900 $9,360 $60,540
2021 $7,148 $63,480 $9,360 $54,120
2020 $7,186 $66,960 $9,360 $57,600
2019 $6,895 $71,640 $9,360 $62,280
2018 $6,354 $31,170 $5,049 $26,121
2017 $6,062 $29,738 $6,025 $23,713
2016 $5,658 $29,738 $6,025 $23,713
2015 $3,384 $28,290 $7,780 $20,510
2014 $3,384 $27,469 $6,591 $20,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3165172

OneKey® MLS

APN: 03501-0009