NOT LISTED FOR SALE

Estimated Value: $947,000 - $1,573,000

6 Beds
4 Baths
-- Sq Ft
2,600 Sq Ft Lot

Last Sold May 16, 2023

Last sale price $1,040,000

Est. 10% increase in value since last sale

Current estimated payment $7,135/month

112 Days on Market

Highlights

  • New Construction
  • Raised Ranch Architecture
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • 3-minute walk to Latimer Playground

About This Home

As of May 2023

Opportunity knocks! Brand new construction Two family nestled on a beautiful tree lined street just stones throw away from bustling Jamaica & Addisleigh Park! Brand new construction 2 family dwellings location right off Merric blvd and provide the perfect opportunity for buyers looking for space plus income generating rental property! 3 bedroom 2 bath rental has the ability to generate $3,000/month over sprawling 3 bedrooms owners unit which can be used as garden-basement duplex to create additional living/recreational space. Expansive sun drenched living/dining area, beautiful chefs granite kitchens loaded with full sized stainless steel appliances, spacious bedrooms with ample closet space, fully tiled bathrooms & much more! Prime location! Stones throw to transportation, Liberty Avenue, Jamaica Avenue, York College, Hillside Avenue, LIRR station, schools, shopping, restaurants, highways, JFK airport and many other vibrant neighborhood amenities.

Last Agent to Sell the Property

Gabriel Kashi

Keystone Realty USA Corp License #10401217533 Listed on: 01/25/2023

Last Buyer's Agent

Tanicia Ogungbemiro

RE/MAX Distinguished Hms.&Prop License #10401365467

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 40x100
  • 1 Common Wall

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Private Parking
  • Driveway
  • Off-Street Parking

Schools

  • Benjamin Franklin Hs-Finance-Info Middle School
  • Benjamin Franklin Hs-Finance-Info High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for gas
  • Legal Lot and Block 39 / 10254
  • Assessor Parcel Number 10254-0039

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

$2,660

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Year Built: 2022
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Benjamin Franklin Hs-Finance-Info

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 2600
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 10254-0039
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-01-25

Rental Info

  • Lease Considered: No
  • Tenant Pays: Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 2660
  • Tax Block: 10254
  • Tax Lot: 39
  • Tax Map Number: 10254-0039

MLS Schools

  • High School: Benjamin Franklin Hs-Finance-Info
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
May 31, 2023
Sold by
109 Builder Llc
Bought by
Ahmed Mejbah
Seller's Agent
Gabriel Kashi
Keystone Realty USA Corp
Buyer's Agent
Tanicia Ogungbemiro
RE/MAX Distinguished Hms.&Prop
List Price
$1,079,000
Sold Price
$1,040,000
Premium/Discount to List
-$39,000
-3.61%
Views
27
Current Estimated Value
$1,148,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,225
Original Mortgage
$1,028,936
Outstanding Balance
$1,003,784
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2016
Sold by
Williams Larry and Williams Valerie J
Bought by
Regal Realty Llc

Purchase Details

Closed on
Dec 30, 2011
Sold by
Douglas Desmond and Douglas Linda
Bought by
Williams Larry and Williams Valerie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,420
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2000
Sold by
Maakheru Ayodele and Aubert Coral C
Bought by
Douglas Desmond and Douglas Linda
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
Ahmed Mejbah $1,123,600 --
Ahmed Mejbah $1,123,600 --
Regal Realty Llc $465,000 --
Regal Realty Llc $465,000 --
Williams Larry $299,000 --
Williams Larry $299,000 --
Douglas Desmond $186,000 --
Douglas Desmond $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Mejbah $1,028,936
Closed Ahmed Mejbah $1,028,936
Previous Owner Williams Larry $291,420
Previous Owner Douglas Desmond $14,184
Previous Owner Douglas Desmond $184,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $1,040,000 -3.6% --
01/24/2023 01/24/23 For Sale $1,079,000 -- --
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 $10,551 $51,300 $19,407 $31,893
2024 $10,551 $52,530 $17,202 $35,328
2023 $5,633 $28,047 $14,127 $13,920
2022 $2,660 $13,916 $13,916 $0
2021 $5,704 $30,000 $30,000 $0
2020 $5,413 $28,080 $28,080 $0
2019 $5,047 $40,740 $19,800 $20,940
2018 $4,346 $22,780 $15,468 $7,312
2017 $4,082 $21,496 $13,512 $7,984
2016 $3,749 $21,496 $13,512 $7,984
2015 $2,226 $20,304 $14,771 $5,533
2014 $2,226 $20,104 $12,424 $7,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3454414

OneKey® MLS

APN: 10254-0039