NOT LISTED FOR SALE

111-16 221st St Queens Village, NY 11429

Queens Village Neighborhood

Estimated Value: $713,000 - $886,000

4 Beds
2 Baths
1,530 Sq Ft
$503/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $715,000 $467 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,784/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Hot Water Heating System
  • Property is near public transit

About This Home

As of August 2023

This Legal 2 Family Home Is Ideally Located On On A Quiet Dead End Short Block. Close To Hempstead Ave & Jamaica Ave Shopping & Public Transportation, Cross Island Parkway And The New UBS Arena, Home To The New York Islanders. Currently Laundry Hookup Is 1st Floor Bedroom But Basement Has Setup Also. Great Opportunity For Investor Or Family Requiring Extra Income. Basement Is Full Size With High Ceilings, Nicely Landscaped Private Back Yard, Additional information: Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Robert Wilson

Century 21 Sewanhaka Realty License #10401280957 Listed on: 04/14/2023

Century 21 Sewanhaka Realty

Last Buyer's Agent

SuNu Xu

EXP Realty License #10401316661

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,755

Year Built

  • Built in 1950

Lot Details

  • 5,312 Sq Ft Lot
  • Lot Dimensions are 41.5x128

Home Design

  • Duplex
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Private Parking
  • Driveway
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 34 John Harvard Elementary School
  • Jean Nuzzi Intermediate School
  • Benjamin Franklin Hs-Finance-Info High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 45 / 11198
  • Assessor Parcel Number 11198-0045

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,755

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1950
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Gas Water Heater
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1530
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 4
  • Parking Description: Driveway, On Street, Private, Open

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jean Nuzzi Intermediate School

Lot Info

  • Lot Dimensions: 41.5x128
  • Lot Size Sq Ft: 5312
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 11198-0045
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6755.48
  • Tax Block: 11198
  • Tax Lot: 45

MLS Schools

  • Elementary School: Ps 34 John Harvard
  • High School: Benjamin Franklin Hs-Finance-Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Aug 2, 2023
Sold by
Andrews Theresa and Greco Maryann
Bought by
Chen Xiao Lian and Hu Dan
Seller's Agent
Robert Wilson
Century 21 Sewanhaka Realty
Buyer's Agent
SuNu Xu
EXP Realty
List Price
$669,000
Sold Price
$715,000
Premium/Discount to List
$46,000
6.88%
Views
20
Current Estimated Value
$769,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,445
Avg. Annual Appreciation
3.61%
Original Mortgage
$300,000
Outstanding Balance
$293,456
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$475,989

Purchase Details

Closed on
Feb 27, 2023
Sold by
Cannizzaro Anna C
Bought by
Andrews Theresa and Andrews Maryann Greco
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
Chen Xiao Lian $715,000 --
Andrews Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiao Lian $300,000
Previous Owner Cannizzaro Anna C $1,146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $715,000 +6.9% $467 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $669,000 0.0% $437 / Sq Ft
05/10/2023 05/10/23 For Sale $669,000 -6.4% $437 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
05/03/2023 05/03/23 Off Market $715,000 -- --
05/03/2023 05/03/23 For Sale $669,000 -6.4% $437 / Sq Ft
04/19/2023 04/19/23 Off Market $715,000 -- --
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 $7,197 $36,202 $10,856 $25,346
2024 $7,197 $35,831 $11,357 $24,474
2023 $6,555 $34,038 $11,598 $22,440
2022 $3,091 $39,660 $14,700 $24,960
2021 $3,069 $35,580 $14,700 $20,880
2020 $2,897 $39,120 $14,700 $24,420
2019 $5,953 $39,120 $14,700 $24,420
2018 $5,485 $28,365 $11,173 $17,192
2017 $5,449 $28,200 $12,866 $15,334
2016 $2,354 $28,200 $12,866 $15,334
2015 $1,385 $25,140 $16,320 $8,820
2014 $1,385 $24,883 $16,153 $8,730
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Wilson

    Century 21 Sewanhaka Realty

    1 in this area

    1 Total Sale

    Robert Wilson
    Section Image
  • SuNu Xu

    Buyer's Agent in 2023

    SuNu Xu

    EXP Realty

    (347) 282-0080

    2 in this area

    53 Total Sales

    SuNu Xu
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3471258

OneKey® MLS

APN: 11198-0045

New York Queens County Queens Village 11429 Queens Village

111-16 221st St, Queens Village, NY

This home is located at 111-16 221st St, Queens Village, NY 11429 since 14 April 2023 and is currently estimated at $769,445, approximately $502 per square foot. This property was built in 1950. 111-16 221st St is a home located in Queens County with nearby schools including P.S. 34 John Harvard, Jean Nuzzi Intermediate School, and Ss Joachim & Anne School.

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