NOT LISTED FOR SALE

Estimated Value: $1,256,000 - $1,536,000

8 Beds
3.5 Baths
-- Sq Ft
2,604 Sq Ft Lot

Last Sold March 09, 2022

Last sale price $1,300,000

Est. 10% increase in value since last sale

Current estimated payment $8,744/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Private Lot
  • Formal Dining Room
  • Property is near public transit
  • Home Office
  • 4-minute walk to Corona Golf Playground

About This Home

As of March 2022

Two Buildings on lot; Building #1 detached 2.5 stories building with 6 bedrooms, 2 baths, EIK, Formal Dining Room, Living Room. Building #2 (back) has legal 2 units, 1 Bedroom unit over 1 Bedroom Unit. Total of 3 families with 3 electrical meters and 3 gas meters. Separate hot water burners. Property located in the heart of Corona. High rental income low maintenance cost, move in ready! Able to be delivered vacant at closing! Move in ready with huge potentials! Close to subway, buses, schools, park, shops, restaurants and etc. Investor and End user delight! Must SEE!!!

Last Agent to Sell the Property

Jing Gao

Keller Williams Landmark II License #10301212243 Listed on: 10/24/2021

Keller Williams Landmark II

Last Buyer's Agent

Jing Gao

Keller Williams Landmark II License #10301212243 Listed on: 10/24/2021

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,985

Year Built

  • Built in 1987

Lot Details

  • 2,604 Sq Ft Lot
  • Lot Dimensions are 25.83x100.83
  • No Common Walls
  • Private Lot

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Skylights
  • Formal Dining Room
  • Home Office
  • Storage
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Location

  • Property is near public transit

Schools

  • Ps 28 Thomas Emanuel Early Child Ctr Elementary School
  • Is 61 Leonardo Da Vinci Middle School
  • Newtown High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 71 / 1990
  • Assessor Parcel Number 01990-0071

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,985

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1987
  • New Construction: No
  • Attribution Contact: 347-846-1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining Room, Guest Quarters, Home Office, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 8
  • Kitchens: 3
  • Window Features: Skylight(s)

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Separate Hotwater Heater Detail: 3
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 28 Thomas Emanuel Early Child Ctr
  • Middle School: Is 61 Leonardo Da Vinci
  • High School: Newtown High School
  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 25.83x100.83
  • Lot Size Sq Ft: 2604.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 01990-0071
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2022-03-09
  • Tax Annual Amount: 10985.00
  • Tax Block: 1990
  • Tax Lot: 71
  • Tax Map Number: 01990-0071

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Ps 28 Thomas Emanuel Early Child Ctr
  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Mar 9, 2022
Sold by
Wolfram William
Bought by
Dong Bing and Huang Xiao Yan
Seller's Agent
Jing Gao
Keller Williams Landmark II
Buyer's Agent
Jing Gao
Keller Williams Landmark II
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Current Estimated Value
$1,424,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,473
Avg. Annual Appreciation
2.88%
Original Mortgage
$975,000
Outstanding Balance
$915,548
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,391

Purchase Details

Closed on
Mar 5, 2001
Sold by
Wolfram Marie Bizzigotti
Bought by
Wolfram William

Purchase Details

Closed on
Feb 13, 2001
Sold by
Bizzigotti Alfonso and Bizzigotti Concetta
Bought by
Wolfram Marie Bizzigotti
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
Dong Bing $1,300,000 --
Dong Bing $1,300,000 --
Wolfram William -- Pioneer Land Title Corp
Wolfram William -- Pioneer Land Title Corp
Wolfram Marie Bizzigotti -- Pioneer Land Title Corp
Wolfram Marie Bizzigotti -- Pioneer Land Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Bing $975,000
Closed Dong Bing $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $1,300,000 -3.7% --
11/12/2021 11/12/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $1,350,000 +8.0% --
10/24/2021 10/24/21 For Sale $1,250,000 -- --
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 $11,780 $62,170 $11,976 $50,194
2024 $11,780 $58,651 $12,572 $46,079
2023 $11,113 $55,332 $11,545 $43,787
2022 $10,421 $60,120 $15,060 $45,060
2021 $4,329 $56,820 $15,060 $41,760
2020 $4,316 $55,740 $15,060 $40,680
2019 $3,951 $54,540 $15,060 $39,480
2018 $3,552 $46,110 $11,643 $34,467
2017 $3,494 $43,500 $15,060 $28,440
2016 $4,094 $43,500 $15,060 $28,440
2015 $2,570 $52,024 $14,781 $37,243
2014 $2,570 $49,080 $16,740 $32,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3352189

OneKey® MLS

APN: 01990-0071