NOT LISTED FOR SALE

Estimated Value: $936,116 - $1,427,000

5 Beds
2 Baths
-- Sq Ft
2,333 Sq Ft Lot

Last Sold November 30, 2012

Last sale price $567,500

Est. 103% increase in value since last sale

Current estimated payment $6,698/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Formal Dining Room
  • Heating System Uses Steam

About This Home

As of November 2012

Large, Brick Two Family Home In Upper Ridgewood. Features Two Bright And Spacious Apts, Partially Finished Basement With Full Sized Windows, Large Yard With Access From The First Floor Apt, New Boiler, New Hot Water Heater And New Roof. Both Apts Can Be Delivered Vacant. High Potential Income And Only Four Blocks To The L Train Halsey Street Station.

Last Agent to Sell the Property

Stephanie Casiano

Winzone Realty Inc Brokerage Phone: 516-575-7500 License #10401220792 Listed on: 09/11/2012

Co-Listed By

Angel Casiano

Charles Rutenberg Realty Inc Brokerage Phone: 516-575-7500 License #10401220790

Last Buyer's Agent

Talaat Elkaray

Keller Williams Landmark II License #40EL0920920

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1910

Lot Details

  • 2,333 Sq Ft Lot
  • Lot Dimensions are 20 x 116
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 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 21 / 3589
  • Assessor Parcel Number 03589-0021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,358

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 516-575-7500
  • Co List Office Mls Id: ONECHRU01
  • Co List Office Phone: 516-575-7500
  • BuildingSize: 20X55
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20 X 116
  • Lot Size Sq Ft: 2333
  • Parcel Number: 03589-0021
  • Zoning Description: R5B
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Available Date: 2012-11-30

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 3358
  • Tax Block: 3589
  • Tax Lot: 21
  • Tax Map Number: 03589-0021

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Nov 30, 2012
Sold by
Deltoro Chelsea
Bought by
Sherhan Fadel and Sherhan Jamila
Seller's Agent
Stephanie Casiano
Winzone Realty Inc
Buyer's Agent
Talaat Elkaray
Keller Williams Landmark II
List Price
$615,000
Sold Price
$567,500
Premium/Discount to List
-$47,500
-7.72%
Current Estimated Value
$1,153,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,029
Avg. Annual Appreciation
5.65%
Original Mortgage
$454,000
Outstanding Balance
$315,878
Interest Rate
3.46%
Mortgage Type
Commercial
Estimated Equity
$837,651

Purchase Details

Closed on
May 8, 2012
Sold by
Switzer Carol
Bought by
Deltoro Chelsea

Purchase Details

Closed on
Jun 21, 2004
Sold by
Anderson Bruna
Bought by
Switzer Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Sherhan Fadel $567,500 --
Sherhan Fadel $567,500 --
Deltoro Chelsea -- --
Deltoro Chelsea -- --
Switzer Carol $410,000 --
Switzer Carol $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherhan Fadel $454,000
Closed Sherhan Fadel $454,000
Previous Owner Switzer Carol $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $567,500 -7.7% --
10/15/2012 10/15/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $615,000 -- --
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 $7,197 $37,979 $7,507 $30,472
2024 $7,197 $35,831 $6,655 $29,176
2023 $7,197 $35,831 $5,618 $30,213
2022 $6,755 $58,980 $11,100 $47,880
2021 $6,967 $61,500 $11,100 $50,400
2020 $6,699 $62,460 $11,100 $51,360
2019 $6,246 $58,380 $11,100 $47,280
2018 $6,087 $29,859 $6,431 $23,428
2017 $2,930 $28,200 $7,453 $20,747
2016 $5,515 $28,200 $7,453 $20,747
2015 $3,209 $26,374 $7,576 $18,798
2014 $3,209 $24,883 $7,737 $17,146
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY2525737

OneKey® MLS

APN: 03589-0021