NOT LISTED FOR SALE

Estimated Value: $804,000 - $1,858,000

8 Beds
5 Baths
751 Sq Ft
$1,848/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $1,300,000 $1,731 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,052/month

237 Days on Market

Highlights

  • Newly Remodeled
  • Raised Ranch Architecture
  • 1 Car Detached Garage
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Double Pane Windows

About This Home

As of March 2023

Custom- Built 2 family, Luxury Home close to Airports, Shopping, and public Transportation a Must see Hidden Gem, Great Investment Opportunity for Buyers Looking to Generate Income. This Home Features Unrivaled Detailed Custom Work and Custom Hand Picked Design. Imported materials and Top of the line products. This amazing ground up 2 family homes features 8 bedrooms 5 bathroom with a private driveway and a separate Out Side entrance to the Basement. Basement is Very Spacious With High Ceilings.

Last Agent to Sell the Property

Ray Jagrup

Imperial Legacy Real Estate License #10311210158 Listed on: 04/18/2022

Co-Listed By

Jaaved Rahim

Imperial Legacy Real Estate License #10401227543

Last Buyer's Agent

Ray Jagrup

Imperial Legacy Real Estate License #10311210158 Listed on: 04/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1940 | Newly Remodeled

Lot Details

  • 4,004 Sq Ft Lot
  • Lot Dimensions are 40.02x100.05
  • No Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • Double Pane Windows
  • Combination Dining and Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Location

  • Property is near public transit

Schools

  • August Martin High Middle School
  • Frederick Douglass Acad Vi High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Exclusions: Dishwasher,Second Stove
  • Legal Lot and Block 48 / 10167
  • Assessor Parcel Number 10167-0048

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1940 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Property Condition: Brand New
  • Exclusions: Dishwasher,Second Stove
  • Year Built: 1940
  • New Construction: Yes
  • Attribution Contact: 718-684-8000
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Finished
  • Total Bedrooms: 8
  • Kitchens: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Construction Materials: Brick, Shingle Siding
  • Flood Zone Date: 2022-04-15
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: August Martin High School
  • High School: Frederick Douglass Acad Vi Hs
  • Middle School: August Martin High School

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: 40.02x100.05
  • Lot Size Sq Ft: 4004.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 10167-0048
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-03-01
  • Tax Annual Amount: 2600.00
  • Tax Block: 10167
  • Tax Lot: 48
  • Tax Map Number: 10167-0048

Multi Family

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

MLS Schools

  • High School: Frederick Douglass Acad Vi Hs
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Mar 1, 2023
Sold by
107 34 164 Place Inc and Isk Develop Corp
Bought by
Begum Musammat J and Farouqe Fahad
Seller's Agent
Ray Jagrup
Imperial Legacy Real Estate
Buyer's Agent
Ray Jagrup
Imperial Legacy Real Estate
List Price
$1,479,000
Sold Price
$1,300,000
Premium/Discount to List
-$179,000
-12.1%
Views
7
Current Estimated Value
$1,488,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,337
Avg. Annual Appreciation
5.61%
Original Mortgage
$1,276,453
Outstanding Balance
$1,238,976
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,730

Purchase Details

Closed on
Jul 23, 2021
Sold by
Glasgow Gloria and Glasgow Stanley
Bought by
107 34 164 Place Inc and Isk Develop Corp

Purchase Details

Closed on
Feb 26, 2004
Sold by
Glasgow Gloria and Glasgow Stanley
Bought by
Glasgow Gloria and Glasgow Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.67%
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
Begum Musammat J $1,300,000 --
Begum Musammat J $1,300,000 --
107 34 164 Place Inc $520,000 --
107 34 164 Place Inc $520,000 --
Glasgow Gloria -- --
Glasgow Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begum Musammat J $1,276,453
Closed Begum Musammat J $1,276,453
Previous Owner Glasgow Gloria $37,404
Previous Owner Glasgow Gloria $107,000
Closed Glasgow Gloria $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $1,300,000 -9.0% $1,731 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $1,429,000 +2.4% $1,903 / Sq Ft
05/29/2022 05/29/22 Price Changed $1,395,000 -6.3% $1,858 / Sq Ft
04/18/2022 04/18/22 Price Changed $1,489,000 +0.7% $1,983 / Sq Ft
04/18/2022 04/18/22 For Sale $1,479,000 -- $1,969 / Sq Ft
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 $11,301 $57,201 $14,933 $42,268
2024 $11,301 $56,268 $15,522 $40,746
2023 $8,253 $41,091 $16,027 $25,064
2022 $3,046 $34,260 $14,400 $19,860
2021 $2,734 $31,200 $14,400 $16,800
2020 $2,750 $31,320 $14,400 $16,920
2019 $2,555 $26,820 $14,400 $12,420
2018 $2,447 $13,464 $8,829 $4,635
2017 $2,293 $12,717 $9,628 $3,089
2016 $2,089 $12,717 $9,628 $3,089
2015 $1,227 $11,991 $8,289 $3,702
2014 $1,227 $11,344 $8,560 $2,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3391518

OneKey® MLS

APN: 10167-0048