NOT LISTED FOR SALE

Estimated Value: $643,000 - $757,604

4 Beds
2 Baths
1,280 Sq Ft
$568/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $525,500 $411 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,484/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Park
  • P.S. 121 - Queens Rated A
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of March 2023

Excellent Two Family Opportunity awaits you in South Ozone Park. Magnificent home is located on a wonderful street in ideal location. Spacious home offers a nice layout with practically unlimited opportunities and options depending on your individual needs. Beyond nice exterior curb appeal there is a two car garage at the end of the private driveway. Unit 1 offers you a two floor option between the main level and lower level with many options to finish to your inidividual needs and ideas. Unit 2 offers you a lovely one bedroom layout. Home needs someone with vision and ideas to bring to neighborhood standards and rake in some immediate sweat equity. Rare and unusual investment opportunity for either an Owner or Investor and cant be missed. Schedule your showing today!

Last Agent to Sell the Property

Michael Morris

VYLLA Home Brokerage Phone: (914) 223-7617 License #10401221275 Listed on: 12/15/2022

VYLLA Home

Last Buyer's Agent

Michael Morris

VYLLA Home Brokerage Phone: (914) 223-7617 License #10401221275 Listed on: 12/15/2022

VYLLA Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,986

Year Built

  • Built in 1925

Lot Details

  • 2,348 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities, cooking gas, electricity, heat, water

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,986

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: (914) 223-7617
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1280
  • SquareFootage: 1280.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Stone, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2348
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Cooking Gas, Electricity, Heat, Water

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4986

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Varderbilt Group Llc
Bought by
Varderbilt Group Llc
Current Estimated Value
$736,787

Purchase Details

Listed on
Dec 15, 2022
Closed on
Mar 3, 2023
Sold by
Bank Of America Na
Bought by
Varderbilt Group Llc
Seller's Agent
Michael Morris
VYLLA Home
Buyer's Agent
Michael Morris
VYLLA Home
List Price
$550,000
Sold Price
$525,500
Premium/Discount to List
-$24,500
-4.45%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$592,245
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2020
Sold by
Lupoli Matthew M
Bought by
Bank Of America N A

Purchase Details

Closed on
Mar 27, 2009
Sold by
Dunbar Barbara and Dunbar Laurie
Bought by
Dunbar Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2002
Sold by
Dunbar Barbara
Bought by
Dunbar Laurie and Dunbar James Harry
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Varderbilt Group Llc -- --
Varderbilt Group Llc -- --
Varderbilt Group Llc $522,500 --
Varderbilt Group Llc $522,500 --
Bank Of America N A $934,620 --
Bank Of America N A $934,620 --
Dunbar Barbara -- --
Dunbar Barbara -- --
Dunbar Laurie -- --
Dunbar Laurie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varderbilt Group Llc $80,755
Previous Owner Varderbilt Group Llc $592,245
Previous Owner Dunbar Barbara $862,500
Previous Owner Dunbar Barbara $398,000
Previous Owner Dunbar Barbara $332,500
Previous Owner Dunbar Barbara $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $525,500 -4.5% $411 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $550,000 -- $430 / 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 $5,397 $28,266 $5,384 $22,882
2024 $5,397 $26,873 $5,597 $21,276
2023 $5,397 $26,873 $5,719 $21,154
2022 $5,013 $41,520 $9,360 $32,160
2021 $5,254 $35,280 $9,360 $25,920
2020 $4,986 $35,040 $9,360 $25,680
2019 $4,685 $32,880 $9,360 $23,520
2018 $4,565 $22,394 $6,836 $15,558
2017 $4,495 $22,053 $6,839 $15,214
2016 $4,159 $22,053 $6,839 $15,214
2015 $2,290 $19,629 $7,546 $12,083
2014 $2,290 $18,662 $8,609 $10,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6224113

OneKey® MLS

APN: 11611-0031