NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,229,000

6 Beds
3 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $855,000

Est. 30% increase in value since last sale

Current estimated payment $6,691/month

131 Days on Market

Highlights

  • Colonial Architecture
  • 2-minute walk to 88 Street
  • Wood Flooring
  • Property is near public transit
  • Cathedral Ceiling
  • Eat-In Kitchen

About This Home

As of April 2021

Great opportunity to own and invest in a solid brick semi-detached two family located in the heart of Ozone Park. Featuring 6 Beds, 4 Full Baths, finished basement with OSE, two separated gas heater/water heater for each family, hardwood floor, SS appliances, and plenty of windows. Building size 20x50, Walk To "A" Train, close To Resorts World Casino, schools, shopping and transportation. Great rental income!

Last Agent to Sell the Property

Sammi Chen

E Realty International Corp Brokerage Phone: 718-886-8110 License #10401258916 Listed on: 09/02/2020

E Realty International Corp

Last Buyer's Agent

Sammi Chen

E Realty International Corp Brokerage Phone: 718-886-8110 License #10401258916 Listed on: 09/02/2020

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,172

Year Built

  • Built in 1910

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,172

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-886-8110
  • BuildingSize: 20X50
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Inclusions: Ceiling Fan,Refrigerator
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20X100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R6B/C2-3
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 7172

MLS Schools

  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Apr 9, 2021
Sold by
Zheng Hui Yu
Bought by
Chen Ling and Qiu Xiaoqian
Seller's Agent
Sammi Chen
E Realty International Corp
Buyer's Agent
Sammi Chen
E Realty International Corp
List Price
$948,000
Sold Price
$855,000
Premium/Discount to List
-$93,000
-9.81%
Current Estimated Value
$1,112,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,388
Avg. Annual Appreciation
6.15%
Original Mortgage
$513,000
Outstanding Balance
$465,893
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$646,495

Purchase Details

Closed on
Dec 15, 2014
Sold by
Kalloo Lisa and Kalloo Neil
Bought by
Zheng Hui Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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 Ling $855,000 --
Zheng Hui Yu $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Ling $513,000
Previous Owner Zheng Hui Yu $342,000
Previous Owner Kalloo Neil $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $855,000 -7.1% --
01/11/2021 01/11/21 Pending -- -- --
09/18/2020 09/18/20 Price Changed $920,000 -3.0% --
09/02/2020 09/02/20 For Sale $948,000 -- --
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 $7,705 $40,663 $11,073 $29,590
2024 $7,705 $38,362 $9,810 $28,552
2023 $7,340 $36,547 $9,267 $27,280
2022 $6,952 $59,520 $18,120 $41,400
2021 $7,329 $58,860 $18,120 $40,740
2020 $7,173 $51,540 $18,120 $33,420
2019 $6,687 $48,000 $18,120 $29,880
2018 $6,208 $30,456 $13,999 $16,457
2017 $5,916 $29,020 $14,510 $14,510
2016 $5,801 $29,020 $14,510 $14,510
2015 $3,302 $28,238 $17,801 $10,437
2014 $3,302 $26,640 $20,160 $6,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3248605

OneKey® MLS

APN: 09153-0011