NOT LISTED FOR SALE

Estimated Value: $760,000 - $1,282,827

4 Beds
3 Baths
2,870 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $720,000 $251 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,585/month

21 Days on Market

Highlights

  • 0.11 Acre Lot
  • 2-minute walk to Rockaway Boulevard
  • 3-minute walk to Seventeenth Road Playground
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

About This Home

As of September 2023

Legal 2 Family house is the heart of Ozone Park, great location, 50X100, building size is 26 ft x 32 ft with full finished basement and separate entrance. House is fully tenant occupied do not ring the door. Pre-war house with high ceilings and big rooms. Located close to subway transportation, supermarkets, stores and highways. House needs a little TLC but great potential and structure.

Last Agent to Sell the Property

William Liu

East Coast REALTORS Inc License #40LI0956143 Listed on: 04/04/2023

East Coast REALTORS  Inc

Co-Listed By

Roger Persaud

East Coast REALTORS Inc License #10301202737

East Coast REALTORS  Inc

Last Buyer's Agent

Roger Persaud

East Coast REALTORS Inc License #10301202737

East Coast REALTORS  Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,800

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • No Common Walls

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 207 Rockwood Park Middle School
  • Richmond Hill High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 09118-0081

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,800

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1930
  • New Construction: No
  • Co List Office Mls Id: ONEARAK01
  • Co List Office Phone: 718-428-6888
  • BuildingSize: 26 ft x 32 ft
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 207 Rockwood Park

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • Parcel Number: 09118-0081
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 8800
  • Tax Map Number: 09118-0081

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
Apr 4, 2023
Closed on
Aug 17, 2023
Sold by
Estate Of Wilson Ortiz Sr and Wilson Ortiz Jr As Administrator
Bought by
Woodhaven Nyc Inc
Seller's Agent
William Liu
East Coast REALTORS Inc
Buyer's Agent
Roger Persaud
East Coast REALTORS Inc
List Price
$1,258,000
Sold Price
$720,000
Premium/Discount to List
-$538,000
-42.77%
Views
37
Current Estimated Value
$1,099,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,707
Avg. Annual Appreciation
20.81%
Original Mortgage
$504,000
Outstanding Balance
$492,516
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$607,191

Purchase Details

Closed on
Feb 18, 1997
Sold by
Fiederlein Charles and Fiederlein Dolores
Bought by
Ortiz Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Woodhaven Nyc Inc $720,000 --
Ortiz Wilson $275,000 Washington Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodhaven Nyc Inc $504,000
Previous Owner Ortiz Wilson $199,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $720,000 -42.8% $251 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $1,258,000 +74.7% $438 / Sq Ft
04/10/2023 04/10/23 Off Market $720,000 -- --
04/04/2023 04/04/23 For Sale $1,258,000 -- $438 / 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 $9,544 $47,520 $10,648 $36,872
2024 $9,544 $47,520 $11,456 $36,064
2023 $9,458 $47,088 $11,549 $35,539
2022 $3,782 $70,920 $19,440 $51,480
2021 $3,758 $60,600 $19,440 $41,160
2020 $3,532 $59,820 $19,440 $40,380
2019 $3,483 $58,980 $19,440 $39,540
2018 $3,341 $39,240 $17,536 $21,704
2017 $3,133 $37,078 $17,957 $19,121
2016 $2,875 $37,078 $17,957 $19,121
2015 $1,716 $33,000 $21,600 $11,400
2014 $1,716 $33,000 $21,600 $11,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3470068

OneKey® MLS

APN: 09118-0081