NOT LISTED FOR SALE

109-23 125th St South Ozone Park, NY 11420

South Ozone Park Neighborhood

Estimated Value: $915,000 - $1,034,000

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

Last Sold July 02, 2024

Last sale price $995,000

Est. 1% decrease in value since last sale

Current estimated payment $6,018/month

82 Days on Market

Highlights

  • Property is near public transit
  • Private Lot
  • Cooling System Mounted In Outer Wall Opening
  • P.S. 121 - Queens Rated A
  • 4 Car Detached Garage
  • Park

About This Home

As of July 2024

Biggest Legal 2 family house on the Block ! Fully Renovated ! Private driveway with 4+ Car parking WITH a huge Garage for any storage needs ! Delivered vacant ! 6 Bedrooms with 4 Full bathrooms ! 1st floor has 2 Full bathrooms ! Full Finished basement with TWO (2) separate entrance ! Amazing RENTAL INCOME ! !!!!!!! Private Appointments ONLY !!!! FIRST SHOWING FEB 4 !!

Last Agent to Sell the Property

Karnveer Singh

Barillas Realty Inc Brokerage Phone: 347-776-6239 License #10401336018 Listed on: 02/03/2024

Last Buyer's Agent

Jagjeet Tandi

LJ Realty Team Inc License #10401352346

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,050

Year Built

  • Built in 1920 | Remodeled in 2020

Lot Details

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

Parking

  • 4 Car Detached Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Finished Basement

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

Schools

  • Middle School 137 America's School-Heroes
  • John Adams High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Private Water Source

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 56 / 11606
  • Assessor Parcel Number 11606-0056

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

$8,050

Year Built

Built in 1920 | Remodeled in 2020

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: PERFECT
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Year Built Effective: 2020
  • Attribution Contact: 347-776-6239
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • SquareFootageSource: Appraisal
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Detached, 4+ Car Detached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, See Remarks
  • Sewer: Other
  • Water Source: Private
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ms 137 America'S School-Heroes

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 11606-0056
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-02-08

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8050
  • Tax Block: 11606
  • Tax Lot: 56
  • Tax Map Number: 11606-0056

MLS Schools

  • High School: John Adams High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Jul 2, 2024
Sold by
Singh Balwinder and Singh Mohinder
Bought by
Singh Amanpreet and Singh Lakhvir
Seller's Agent
Karnveer Singh
Barillas Realty Inc
Buyer's Agent
Jagjeet Tandi
LJ Realty Team Inc
List Price
$1,099,000
Sold Price
$995,000
Premium/Discount to List
-$104,000
-9.46%
Views
115
Current Estimated Value
$985,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,963
Avg. Annual Appreciation
-2.65%
Original Mortgage
$781,000
Outstanding Balance
$773,679
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,535

Purchase Details

Closed on
Jun 4, 2007
Sold by
Meletiche Carmelo and Meletiche Ruth D
Bought by
Singh Balwinder and Singh Mohinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,700
Interest Rate
6.19%
Source: Public Records

Range of Values:

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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
Singh Amanpreet $995,000 --
Singh Balwinder $448,500 --
Singh Balwinder $448,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Amanpreet $781,000
Closed Singh Balwinder $89,700
Closed Singh Balwinder $358,800
Previous Owner Meletiche Ruth D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $995,000 0.0% --
04/28/2024 04/28/24 Off Market $995,000 -- --
04/26/2024 04/26/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $1,099,000 -- --
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 $7,809 $41,213 $8,034 $33,179
2024 $7,809 $38,880 $7,852 $31,028
2023 $7,809 $38,880 $7,887 $30,993
2022 $7,586 $54,060 $11,100 $42,960
2021 $7,661 $44,820 $11,100 $33,720
2020 $7,270 $46,380 $11,100 $35,280
2019 $6,778 $41,220 $11,100 $30,120
2018 $6,605 $32,400 $8,699 $23,701
2017 $6,455 $31,668 $9,314 $22,354
2016 $6,065 $31,668 $9,314 $22,354
2015 $3,603 $28,620 $10,918 $17,702
2014 $3,603 $27,000 $12,360 $14,640
Source: Public Records

Agents Affiliated with this Home

  • Karnveer Singh

    Seller's Agent in 2024

    Karnveer Singh

    Barillas Realty Inc

    (347) 776-6239

    6 in this area

    20 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    Jagjeet Tandi

    LJ Realty Team Inc

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3529391

OneKey® MLS

APN: 11606-0056

New York Queens County South Ozone Park 11420 South Ozone Park

109-23 125th St, South Ozone Park, NY

This home is located at 109-23 125th St, South Ozone Park, NY 11420 since 03 February 2024 and is currently estimated at $985,037. This property was built in 1920. 109-23 125th St is a home located in Queens County with nearby schools including P.S. 121 - Queens, Junior High School 8 Richard S Grossley, and John Adams High School.

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