NOT LISTED FOR SALE

105-18 Otis Ave Flushing, NY 11368

Corona Neighborhood

Estimated Value: $986,000 - $1,325,000

4 Beds
2.5 Baths
-- Sq Ft
3,000 Sq Ft Lot

Last Sold April 05, 2023

Last sale price $940,000

Est. 16% increase in value since last sale

Current estimated payment $6,152/month

60 Days on Market

Highlights

  • Colonial Architecture
  • Instant Hot Water
  • Hot Water Heating System
  • 1 Fireplace

About This Home

As of April 2023

Amazing colonial 2- family with R5 zoning, completely detached, located in the heart of Corona, close to all. The house sits on 30x100 lot and offers a building size of 20x40. Approximately 1,600 sqft if living space with 2,150 buildable sqft. Bright, airy with inviting layouts complemented by a wood burning fire place, ample bedrooms. high ceilings, Eat in kitchen with natural light, large windows and commanding views of the BIG BACK YARD. The main level consists of 2 bedrooms, living room, eating kitchen and full bath. The upper unit consists of 2 bedrooms, walking closet, living room, eating kitchen, and full bath. Also the house counts with full basement with half of bathroom. R5 zoning allows for total of 3,750 buildable sqft. PRICE TO SALE!!! Don't miss this amazing opportunity...

Last Agent to Sell the Property

Luz Aviles

Keller Williams Landmark II License #10401315080 Listed on: 08/26/2022

Keller Williams Landmark II

Last Buyer's Agent

Penpa Dolma

Jamie Realty Group License #10401318904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1920

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • No Common Walls

Parking

  • Public Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Is 61 Leonardo Da Vinci Middle School
  • Aviation Career And Tech High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 8 / 1958
  • Assessor Parcel Number 01958-0008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,248

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 347-846-1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Kitchens: 2

Exterior Features

  • Construction Materials: Other
  • Flood Zone Date: 2022-08-29
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Public Parking

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: On Demand
  • Heating Zones: 1
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: Acres
  • Parcel Number: 01958-0008
  • Zoning Description: R5
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-10-04
  • Lease Considered: No

Tax Info

  • Close Date: 2023-04-05
  • Tax Annual Amount: 5248.00
  • Tax Block: 1958
  • Tax Lot: 8
  • Tax Map Number: 01958-0008

Multi Family

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

MLS Schools

  • High School: Aviation Career And Tech High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Apr 5, 2023
Sold by
Brancati Robert
Bought by
Sangpo Thupten and Sherpa Phurpa
Seller's Agent
Luz Aviles
Keller Williams Landmark II
Buyer's Agent
Penpa Dolma
Jamie Realty Group
List Price
$1,058,000
Sold Price
$940,000
Premium/Discount to List
-$118,000
-11.15%
Views
38
Current Estimated Value
$1,089,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,403
Avg. Annual Appreciation
5.49%
Original Mortgage
$774,000
Outstanding Balance
$751,417
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$337,986

Purchase Details

Closed on
Jan 5, 1995
Sold by
Brancati Thomas
Bought by
Brancati Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sangpo Thupten $968,200 --
Sangpo Thupten $968,200 --
Sangpo Thupten $968,200 --
Brancati Robert -- American Title Insurance Co
Brancati Robert -- American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangpo Thupten $774,000
Closed Sangpo Thupten $774,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $940,000 0.0% --
10/25/2022 10/25/22 Pending -- -- --
10/04/2022 10/04/22 Off Market $940,000 -- --
09/19/2022 09/19/22 Price Changed $998,000 -5.7% --
08/26/2022 08/26/22 For Sale $1,058,000 -- --
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 $5,526 $29,129 $8,086 $21,043
2024 $5,526 $27,515 $7,170 $20,345
2023 $4,986 $26,225 $7,511 $18,714
2022 $3,518 $51,480 $14,040 $37,440
2021 $4,952 $42,900 $14,040 $28,860
2020 $4,842 $47,160 $14,040 $33,120
2019 $4,504 $47,460 $14,040 $33,420
2018 $4,157 $21,854 $7,422 $14,432
2017 $3,936 $20,780 $8,118 $12,662
2016 $3,844 $20,780 $8,118 $12,662
2015 $2,145 $20,228 $10,704 $9,524
2014 $2,145 $19,108 $9,316 $9,792
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luz Aviles

    Keller Williams Landmark II

    (347) 846-1200

    1 in this area

    7 Total Sales

    Luz Aviles
    Section Image
  • Penpa Dolma

    Buyer's Agent in 2023

    Penpa Dolma

    Jamie Realty Group

    (347) 345-8411

    3 in this area

    20 Total Sales

    Penpa Dolma
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3426409

OneKey® MLS

APN: 01958-0008

New York Queens County Flushing 11368 Corona

105-18 Otis Ave, Flushing, NY

Not Listed for Sale

MultiFamily

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