NOT LISTED FOR SALE

1039 116th St College Point, NY 11356

College Point Neighborhood

Estimated Value: $642,000 - $710,585

2 Beds
2 Baths
960 Sq Ft
$706/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2022

Last sale price $613,800 $639 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,109 / mo

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • P.S. 129 Patricia Larkin Rated A-

About This Home

As of February 2022

Single-family Brick Home on a quiet block. Duplex unit with 2 bedroom 2 bathroom, and Full finished basement. Community drive with 2 parking spaces. Lots of closets/cabinets for storage and hardwood flooring throughout. Shopping outlets, parks, and schools are all conveniently nearby. Public transportation Q25, Q20, and Q65. Must see to truly appreciate. Won't Last.

Last Agent to Sell the Property

Tracy Tong

Momentum Real Estate LLC Listed on: 11/11/2021

Last Buyer's Agent

Tracy Tong

Momentum Real Estate LLC Listed on: 11/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 1950

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 100 x 16
  • Back and Front Yard
  • Property is zoned R4-1

Parking

  • 2 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 4023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,446

Year Built

Built in 1950

Lot Details

1,600 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Borough: Queens
  • Building Length: 30.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 14th Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Community Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 960
  • Building Stories: 2
  • Street Name I D X: 116th
  • Building Style: Duplex
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 55
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 16
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 5446.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 10, 2022
Sold by
Hu Jun
Bought by
Lau Norman and Liang Kiki Jie
Seller's Agent
Tracy Tong
Momentum Real Estate LLC
Buyer's Agent
Tracy Tong
Momentum Real Estate LLC
Sold Price
$613,800
Current Estimated Value
$678,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,346
Avg. Annual Appreciation
2.36%
Original Mortgage
$490,000
Outstanding Balance
$451,172
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,974

Purchase Details

Closed on
Feb 14, 2011
Sold by
Callaghan Daniel T and Callaghan Susan
Bought by
Hu Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Tomik John J
Bought by
Callaghan Daniel T and Callaghan Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1996
Sold by
Tomik Emily
Bought by
Tomik John J and Tomik Emily
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lau Norman $613,800 --
Lau Norman $613,800 --
Lau Norman $613,800 --
Hu Jun $373,000 --
Hu Jun $373,000 --
Callaghan Daniel T $294,000 --
Callaghan Daniel T $294,000 --
Tomik John J -- Transamerica Title Ins Compa
Tomik John J -- Transamerica Title Ins Compa
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Lau Norman $490,000
Closed Lau Norman $490,000
Previous Owner Hu Jun $279,000
Previous Owner Callaghan Daniel T $254,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $613,800 -- $639 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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
2026 $5,917 $31,054 $6,110 $24,944
2025 $5,645 $29,460 $6,130 $23,330
2024 $5,645 $28,106 $6,174 $21,932
2023 $5,414 $26,957 $5,689 $21,268
2022 $5,166 $35,040 $8,040 $27,000
2021 $5,446 $34,320 $8,040 $26,280
2020 $5,197 $34,620 $8,040 $26,580
2019 $4,900 $37,620 $8,040 $29,580
2018 $4,282 $22,464 $6,446 $16,018
2017 $4,096 $21,565 $6,767 $14,798
2016 $4,001 $21,565 $6,767 $14,798
2015 $2,234 $20,458 $7,363 $13,095
2014 $2,234 $19,519 $8,430 $11,089
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tracy Tong

    Momentum Real Estate LLC

    (347) 267-7911

    1 in this area

    8 Total Sales

    Tracy Tong
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 457147

Brooklyn Board of REALTORS®

APN: 04023-0055

New York Queens County New York 11356 College Point

1039 116th St, New York, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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