NOT LISTED FOR SALE

Estimated Value: $1,334,000 - $1,517,000

5 Beds
3 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $1,400,000

Est. 4% increase in value since last sale

Current estimated payment $8,696/month

15 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to 103 Street-Corona Plaza
  • Porch
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • 3-minute walk to Park of the Americas

About This Home

As of August 2023

Corona. Charming Brick Two-Family House with 5 Br 3 Bath on a 25 X 100 Lot. Perfect place for a growing family or as an income-generating rental property. Spacious Living Space. Relaxing Front Porch. Private Fenced Backyard with 2-Car Detached Garage. Full Basement w/OSE. Plenty of Storage Space. Located in the highly sought-after area of Corona, you'll be just minutes away from all the best dining, shopping, and entertainment options that the neighborhood has to offer. Public transportation options such as the 7 train, Q58, and Q23 buses are just a short walk away, making commuting a breeze. Additionally, Flushing Meadows-Corona Park is located just a few blocks away, offering a wide range of outdoor activities and events throughout the year.

Last Agent to Sell the Property

Tsung Mou Hsieh

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-466-4036 License #10301217043 Listed on: 05/01/2023

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Xing Zhang

E Realty International Corp License #10401339879

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,945

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • No Common Walls
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Basement

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

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Ps 16 Nancy Debenedittis School (The Elementary School
  • Is 61 Leonardo Da Vinci Middle School
  • Flushing High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 61 / 1985
  • Assessor Parcel Number 01985-0061

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

$7,945

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 516-466-4036
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Patio and Porch Features: Patio, Porch
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01985-0061
  • 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: 7945.32
  • Tax Block: 1985
  • Tax Lot: 61
  • Tax Map Number: 01985-0061

MLS Schools

  • Elementary School: Ps 16 Nancy Debenedittis School (The
  • High School: Flushing High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Sep 5, 2023
Sold by
Lu Yang Wei
Bought by
Chen Si Ping and Lu Yang Wei
Seller's Agent
Tsung Mou Hsieh
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Xing Zhang
E Realty International Corp
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Total Days on Market
15
Views
247
Current Estimated Value
$1,462,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,566
Avg. Annual Appreciation
3.50%
Original Mortgage
$770,000
Outstanding Balance
$754,607
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$746,030

Purchase Details

Listed on
May 1, 2023
Closed on
Aug 17, 2023
Sold by
Khan Rabi Alam and Khan Rikta Yasmin
Bought by
Lu Yang Wei
Seller's Agent
Tsung Mou Hsieh
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Xing Zhang
E Realty International Corp
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Views
247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$754,607
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$746,030

Purchase Details

Closed on
Feb 17, 1995
Sold by
Rauf Mohammed A and Ali Mohammed T
Bought by
Khan Rabi Alam and Khan Rikta Yasmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,700
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
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
Chen Si Ping -- --
Lu Yang Wei $1,400,000 --
Khan Rabi Alam $243,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yang Wei $770,000
Previous Owner Khan Rabi Alam $140,000
Previous Owner Khan Rabi Alam $8,517
Previous Owner Khan Rabi Alam $150,000
Previous Owner Khan Rabi A $5,988
Previous Owner Khan Rabi Alam $259,000
Previous Owner Khan Rabi Alam $218,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $1,400,000 +0.1% --
05/17/2023 05/17/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $1,399,000 -- --
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 $8,722 $46,003 $8,078 $37,925
2024 $8,722 $43,424 $7,460 $35,964
2023 $8,009 $41,274 $6,032 $35,242
2022 $7,523 $76,260 $13,380 $62,880
2021 $7,937 $71,880 $13,380 $58,500
2020 $7,819 $77,520 $13,380 $64,140
2019 $7,277 $72,540 $13,380 $59,160
2018 $6,714 $34,395 $9,013 $25,382
2017 $6,346 $32,602 $7,911 $24,691
2016 $6,208 $32,602 $7,911 $24,691
2015 $3,490 $31,947 $7,818 $24,129
2014 $3,490 $30,156 $8,853 $21,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3474681

OneKey® MLS

APN: 01985-0061