NOT LISTED FOR SALE

108-40 37th Ave Flushing, NY 11368

Corona Neighborhood

Estimated Value: $976,026 - $1,166,000

5 Beds
3 Baths
-- Sq Ft
2,309 Sq Ft Lot

Sale Details

Date Sold: November 23, 2021

Last sale price $998,000

Est. 7% increase in value since last sale

Current estimated payment $6,453 / mo

63 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Park
  • Property is near public transit
  • 2 Car Attached Garage
  • 4-minute walk to Louis Armstrong Playground

About This Home

As of November 2021

Corona 2-family house on 2,309 SF lot. Features 5-bedrooms, 3-baths, finished high ceiling attic with closets, garage for 2 cars. Located near supermarkets, restaurants and shops on 108th St. Minutes from #7 train station, Q-48 bus stops, Flushing Meadows Park/sports complex, Grand Central Parkway, LaGuardia Airport.

Last Agent to Sell the Property

Fei Guo

Skylux Realty Inc License #10311210012 Listed on: 06/02/2021

Last Buyer's Agent

Wei Huang

Skylux Realty Inc License #10401292059

Skylux Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,682

Year Built

  • Built in 1925

Lot Details

  • 2,309 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • Ps 143 Louis Armstrong Elementary School
  • Is 61 Leonardo Da Vinci Middle School
  • Pan American International High School

Additional Features

  • Property is near public transit
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 19 / 1777

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

$6,682

Year Built

Built in 1925

Lot Details

2,309 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • New Construction: No
  • BuildingSize: 1800 SF
  • 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: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Sewer: Other
  • Water Source: Public
  • Hot Water: See Remarks

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: 0.05
  • Lot Dimensions: 2309
  • Lot Size Sq Ft: 2309
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R5A
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2021-06-04

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6682
  • Tax Block: 1777
  • Tax Lot: 19

MLS Schools

  • Elementary School: Ps 143 Louis Armstrong
  • High School: Pan American International Hs
  • Middle School District: Queens 24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Nov 22, 2021
Sold by
Bought by
Seller's Agent
Fei Guo
Skylux Realty Inc
Buyer's Agent
Wei Huang
Skylux Realty Inc
List Price
$1,198,000
Sold Price
$998,000
Premium/Discount to List
-$200,000
-16.69%
Current Estimated Value
$1,070,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,257
Avg. Annual Appreciation
1.51%
Original Mortgage
$648,600
Outstanding Balance
$583,934
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$486,323

Purchase Details

Closed on
Dec 1, 2010
Sold by
Bought by

Purchase Details

Closed on
May 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,743
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$998,000 --
-- --
-- --
$179,000 First American Title Ins Co
$105,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $648,600
Previous Owner $9,674
Closed $350,000
Closed $143,963
Closed $17,743
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $998,000 -7.6% --
08/04/2021 08/04/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $1,080,000 -6.7% --
06/28/2021 06/28/21 Price Changed $1,158,000 -3.3% --
06/02/2021 06/02/21 For Sale $1,198,000 -- --
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,653 $38,102 $7,893 $30,209
2025 $7,377 $38,102 $8,863 $29,239
2024 $7,377 $36,728 $8,028 $28,700
2023 $7,036 $35,030 $6,967 $28,063
2022 $6,597 $59,940 $12,840 $47,100
2021 $6,682 $56,760 $12,840 $43,920
2020 $6,721 $52,860 $12,840 $40,020
2019 $4,837 $52,740 $12,840 $39,900
2018 $5,951 $29,192 $9,932 $19,260
2017 $5,614 $27,540 $12,840 $14,700
2016 $5,290 $27,540 $12,840 $14,700
2015 $3,099 $27,036 $12,398 $14,638
2014 $3,099 $25,506 $9,935 $15,571
Source: Public Records

Agents Affiliated with this Home

  • Fei Guo

    Seller's Agent in 2021

    Fei Guo

    Skylux Realty Inc

    (516) 587-9113

    6 in this area

    207 Total Sales

    Fei Guo
    Section Image
  • Wei Huang

    Buyer's Agent in 2021

    Wei Huang

    Skylux Realty Inc

    (985) 232-2662

    1 in this area

    19 Total Sales

    Wei Huang
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3317831

OneKey® MLS

APN: 01777-0019

New York Queens County New York 11368 Corona

108-40 37th Ave, New York, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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