NOT LISTED FOR SALE

Estimated Value: $1,227,000 - $1,283,000

4 Beds
4 Baths
2,198 Sq Ft
$573/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $1,200,000 $546 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,796/month

111 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Fresh Pond Road
  • Terrace
  • I.S. 119 the Glendale Rated A-
  • High Ceiling
  • 3-minute walk to Joseph F. Mafera Park

About This Home

As of January 2024

Get excited for this renovated Renaissance Revival 2-family barrel front row house in prime Ridgewood. Measuring a sizable 2,198 sf at 19.5x55 FT on a 100 FT lot with partially finished basement. Located on a darling tree-line block moments from Joseph Mafera park and the M subway which provides a quick 30 min commute to Manhattan.

Owner’s 2nd floor unit features an Open Living / Dining area with hidden home office, eat-in kitchen with sky-light, king-sized bedroom, 1.5 baths, in-unit washer and dryer, and garden facing terrace. A spa-like 6-piece ensuite bath featuring two sinks, oversized deep soaking tub, steam shower, toilet, bidet, skylight and wall of mirrors completes this one of a kind apartment.

1st floor unit features a railroad layout with (5) rooms, flex 3 bedrooms (2 interior), living room, separate kitchen and porch with direct garden access. *Please note, there is a tenant in place with a one year lease paying $2,200/month. Tenant pays for electricity, cooking gas, heat and hot water.*

A partially finished basement accessible from the interior, street or garden features exceptional 8’7” ceilings, half bath, mechanical room, and updated electrical. Each unit has its own independent gas furnace and hot water heater. When finished, this would provide an additional 1,167 of recreational space creating a total of 3,365 finished sq ft.

A sizable garden with patio and planting areas would make an ideal spot to show off your green thumb with south/west/north exposures.

Discover the beauty, value and convenience of Ridgewood. Local area shopping and dining can be found nearby at Fresh Pond Rd and Myrtle Ave. Local favorites include Rolo’s, Pizza Panina, Antica Trattoria, Joe’s Restaurant, Norma’s Corner Shoppe, Rudy’s Bakery, TV Eye and more!

All showings by Appointment during posted Open House times with proof of pre-approval.

Co-brokers always welcome!

Last Listed By

Christian Wittmann

Compass License #10301206554 Listed on: 06/30/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,940

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 19.420000x100.000000
  • Front Yard

Parking

  • On-Street Parking

Interior Spaces

  • 2,198 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Bidet
  • Soaking Tub

Laundry

  • Laundry in unit
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Terrace
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Ridgewood Subdivision

Listing and Financial Details

  • Legal Lot and Block 42 / 03627

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,940

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Exposures: East,West
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ridgewood
  • Entry Level: 1
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Bidet, Built-in Features, Double Vanity, Eat-in Kitchen, High Ceilings, Soaking Tub
  • Appliances: Gas Cooktop, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2198.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Basement: Yes
  • Basement: Full, Partial
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Porch, Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: No
  • Heating: Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Dimensions: 19.420000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 03627
  • Tax Lot: 42
  • Tax Annual: 8940.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jan 8, 2024
Sold by
In Hee Sook
Bought by
Cassell Sarah and Marchese Nicholas C
Seller's Agent
Christian Wittmann
Compass
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Total Days on Market
111
Views
496
Current Estimated Value
$1,259,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,199
Avg. Annual Appreciation
3.85%
Original Mortgage
$960,000
Outstanding Balance
$949,302
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,075

Purchase Details

Closed on
Jun 1, 2022
Sold by
In Hee Sook and In Heesook
Bought by
In Hee Sook

Purchase Details

Closed on
Oct 18, 2021
Sold by
Kinzelmann Ralph E
Bought by
In Heesook and Kinzelmann Ralph E

Purchase Details

Closed on
May 25, 2001
Sold by
Kinzelmann Ralph E and Kinzelmann Irene
Bought by
Kinzelmann Ralph E

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
Cassell Sarah $1,200,000 --
Cassell Sarah $1,200,000 --
In Hee Sook -- --
In Hee Sook -- --
In Heesook -- --
In Heesook -- --
Kinzelmann Ralph E -- --
Kinzelmann Ralph E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassell Sarah $960,000
Closed Cassell Sarah $960,000
Previous Owner Kinzelmann Ralph E $900,000
Previous Owner Kinzelmann Ralph E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $1,200,000 -5.9% $546 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,275,000 -- $580 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2024 $9,366 $46,630 $7,108 $39,522
2023 $8,836 $43,992 $6,473 $37,519
2022 $7,964 $57,300 $9,420 $47,880
2021 $5,250 $55,080 $9,420 $45,660
2020 $8,059 $58,800 $9,420 $49,380
2019 $7,470 $55,920 $9,420 $46,500
2018 $4,946 $36,660 $8,774 $27,886
2017 $6,692 $35,996 $8,073 $27,923
2016 $6,575 $35,996 $8,073 $27,923
2015 $3,657 $34,323 $8,954 $25,369
2014 $3,657 $32,382 $9,680 $22,702
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10945729

Real Estate Board of New York (REBNY)

APN: 03627-0042