NOT LISTED FOR SALE

Estimated Value: $899,000 - $1,092,000

7 Beds
4 Baths
2,025 Sq Ft
$493/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $920,000 $454 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,899/month

58 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Den
  • P.S. 121 - Queens Rated A
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of June 2024

Hello Home Hunters and Investors in Richmond Hill, Queens where taxes are still Low and the location is the price to pay. Come and see this legal 2 family Home in South Richmond Hill with a full finished walk out from the Front and Rear side. Mint condition Multi family Home with7 Bedrooms, 4 Full Bathrooms, 2 parking spaces, Office room, Every floor with Air condition, Washer, Dryer and much more to add. Close to Shopping, Schools, House of Worships, Parks and major roads Ideally located between Liberty Ave and 101 Ave. Each floor with at least 2 bedroom and full finished walk up attic , Ample storage.

Last Agent to Sell the Property

Raj Sanghvi

Coldwell Banker American Homes Brokerage Phone: 516-864-8100 License #10301221796 Listed on: 02/02/2024

Coldwell Banker American Homes

Last Buyer's Agent

Tarun Gupta

Property Professionals Realty License #10401343751

Property Professionals Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 1925

Lot Details

  • 1,824 Sq Ft Lot
  • Lot Dimensions are 16x114
  • No Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,025 Sq Ft Home
  • 3-Story Property
  • Formal Dining Room
  • Den
  • Eat-In Kitchen
  • Dryer

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • John Adams High Middle School
  • Richmond Hill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 18 / 9560
  • Assessor Parcel Number 09560-0018

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

$5,650

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Levels: Three Or More
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 516-864-8100
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer
  • Interior Amenities: Master Downstairs, Den/Family Room, Eat-in Kitchen, Formal Dining, Pantry
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: A/C Units,Dryer
  • Total Bedrooms: 7
  • Living Area: 2025
  • SquareFootage: 2025.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: John Adams High School

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 16x114
  • Lot Size Sq Ft: 1824
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 09560-0018
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5650
  • Tax Block: 9560
  • Tax Lot: 18
  • Tax Map Number: 09560-0018
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: Richmond Hill High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Jun 6, 2024
Sold by
Sheomangal Nandkumar and Sheomangal Nilwantie
Bought by
Singh Bageecha
Seller's Agent
Raj Sanghvi
Coldwell Banker American Homes
Buyer's Agent
Tarun Gupta
Property Professionals Realty
List Price
$1,049,000
Sold Price
$920,000
Premium/Discount to List
-$129,000
-12.3%
Views
45
Current Estimated Value
$998,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,108
Avg. Annual Appreciation
6.79%
Original Mortgage
$874,000
Outstanding Balance
$864,242
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,866

Purchase Details

Closed on
Jan 11, 2021
Sold by
Sheomangal Dhanpaul and Sheomangal Nandkumar
Bought by
Sheomangal Nandkumar and Sheomangal Nilwantie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2019
Sold by
Sheomangal Dhanpaul and Sheomangal Nandkumar
Bought by
Sheomangal Dhanpaul and Sheomangal Nandkumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2017
Sold by
Sheomangal Vidya
Bought by
Sheomangal Nandkumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,775
Interest Rate
4.03%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Sheomangal Balchand and Sheomangal Nandkumar
Bought by
Sheomangal Dhanpaul and Sheomangal Nandkumar

Purchase Details

Closed on
Nov 22, 2004
Sold by
Sheomangal Balchand and Sheomangal Paul L
Bought by
Sheomangal Balchand and Sheomangal Nandkumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.69%

Purchase Details

Closed on
Oct 4, 1996
Sold by
Reja Farhad and Farah Mina
Bought by
Shambhudat Subhas C and Alli Usna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.82%
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
Singh Bageecha $920,000 --
Sheomangal Nandkumar -- --
Sheomangal Nandkumar -- --
Sheomangal Dhanpaul -- --
Sheomangal Dhanpaul -- --
Sheomangal Nandkumar -- --
Sheomangal Dhanpaul -- --
Sheomangal Dhanpaul -- --
Sheomangal Balchand -- --
Sheomangal Balchand -- --
Shambhudat Subhas C $116,000 Chicago Title Insurance Co
Shambhudat Subhas C $116,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Bageecha $874,000
Previous Owner Sheomangal Nandkumar $640,000
Previous Owner Sheomangal Dhanpaul $504,000
Previous Owner Sheomangal Dhanpaul $335,775
Previous Owner Sheomangal Nandkumar $335,775
Previous Owner Sheomangal Balchand $200,000
Previous Owner Shambhudat Subhas C $112,000
Closed Sheomangal Balchand $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $920,000 -6.6% $454 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $985,000 -6.1% $486 / Sq Ft
02/05/2024 02/05/24 For Sale $1,049,000 +14.0% $518 / Sq Ft
02/04/2024 02/04/24 Off Market $920,000 -- --
02/02/2024 02/02/24 For Sale $1,049,000 -- $518 / 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 $5,657 $29,057 $4,419 $24,638
2024 $5,657 $28,166 $4,869 $23,297
2023 $5,387 $26,820 $3,937 $22,883
2022 $5,096 $47,340 $8,400 $38,940
2021 $5,096 $43,140 $8,400 $34,740
2020 $5,125 $37,080 $8,400 $28,680
2019 $4,910 $31,740 $8,400 $23,340
2018 $4,556 $22,350 $5,096 $17,254
2017 $4,336 $21,271 $6,309 $14,962
2016 $4,034 $21,271 $6,309 $14,962
2015 $1,981 $20,178 $7,999 $12,179
2014 $1,981 $19,560 $9,300 $10,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3529245

OneKey® MLS

APN: 09560-0018