NOT LISTED FOR SALE

1128 124th St College Point, NY 11356

College Point Neighborhood

Estimated Value: $875,000 - $1,078,000

4 Beds
2 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold March 22, 2023

Last sale price $799,000

Est. 21% increase in value since last sale

Current estimated payment $5,968/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Hot Water Heating System
  • P.S. 129 Patricia Larkin Rated A-
  • Park
  • East Facing Home

About This Home

As of March 2023

Opportunity knocks! Excellent location in College Point, 10 mins to Downtown Flushing, detached two family with stand up attic with potential for 2 additional brs and more, high ceiling, basement with separate entrance, huge backyard with walk out deck, excellent for outdoor entertainment, Close P.S. 129, BJs shopping center, MacNeil waterfront park, Q20B, Q25, and Q65 to #7 train, low property tax only $5500 a year, won't last ! Must See!

Last Agent to Sell the Property

Emmy Cai

City Realty Group License #10311207995 Listed on: 01/11/2023

Last Buyer's Agent

Chen Wang

Royalux Realty LLC License #10401356429

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • No Common Walls
  • East Facing Home

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Public Parking
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 129 Patricia Larkin Elementary School
  • World Journalism Preparatory Middle School
  • Flushing Intrnl High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 38 / 3996
  • Assessor Parcel Number 03996-0038

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

$5,500

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-888-9005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Frame
  • Flood Zone Date: 2023-01-16
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Public Parking, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: None

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 129 Patricia Larkin
  • Middle School: World Journalism Preparatory
  • High School: Flushing Intrnl High School
  • Middle School: World Journalism Preparatory

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03996-0038
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-03-22
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 5500.00
  • Tax Block: 3996
  • Tax Lot: 38
  • Tax Map Number: 03996-0038

Multi Family

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

MLS Schools

  • Elementary School: Ps 129 Patricia Larkin
  • High School: Flushing Intrnl High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 22, 2023
Sold by
Cai Emmy Dion and Chin King Hong
Bought by
Chen Meirong and Chen Ting
Seller's Agent
Emmy Cai
City Realty Group
Buyer's Agent
Chen Wang
Royalux Realty LLC
List Price
$799,000
Sold Price
$799,000
Total Days on Market
16
Views
126
Current Estimated Value
$964,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,884
Avg. Annual Appreciation
9.00%
Original Mortgage
$399,500
Outstanding Balance
$389,959
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$574,925

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 29, 2022
Sold by
Estate Of Robert Joseph Shreck
Bought by
Cai Emmy Dion and Chin King Hong
Seller's Agent
Laura Copersino
Douglas Elliman Real Estate
Buyer's Agent
Laura Copersino
Douglas Elliman Real Estate
List Price
$650,000
Sold Price
$678,000
Premium/Discount to List
$28,000
4.31%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.58%
Original Mortgage
$339,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Meirong $799,000 --
Cai Emmy Dion $678,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Meirong $399,500
Previous Owner Cai Emmy Dion $339,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $799,000 0.0% --
01/27/2023 01/27/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $799,000 +17.8% --
01/05/2023 01/05/23 Sold $678,000 +4.3% --
11/21/2022 11/21/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $650,000 -- --
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
2024 $6,608 $32,899 $6,007 $26,892
2023 $5,699 $28,373 $5,236 $23,137
2022 $4,851 $53,580 $11,460 $42,120
2021 $5,133 $53,220 $11,460 $41,760
2020 $5,164 $52,260 $11,460 $40,800
2019 $4,879 $52,500 $11,460 $41,040
2018 $4,161 $23,644 $5,731 $17,913
2017 $3,955 $22,572 $5,930 $16,642
2016 $3,676 $22,572 $5,930 $16,642
2015 $2,130 $21,496 $8,849 $12,647
2014 $2,130 $20,601 $7,757 $12,844
Source: Public Records

Agents Affiliated with this Home

  • Emmy Cai

    Seller's Agent in 2023

    Emmy Cai

    City Realty Group

    (646) 805-8688

    13 in this area

    51 Total Sales

    Emmy Cai
    Section Image
  • Laura Copersino

    Seller's Agent in 2023

    Laura Copersino

    Douglas Elliman Real Estate

    (718) 757-7955

    2 in this area

    117 Total Sales

    Laura Copersino
    Section Image
  • Chen Wang

    Buyer's Agent in 2023

    Chen Wang

    Royalux Realty LLC

    (929) 586-0227

    3 in this area

    7 Total Sales

    Chen Wang
    Section Image
  • Yu Cheng Hsu

    Buyer Co-Listing Agent in 2023

    Yu Cheng Hsu

    Royalux Realty LLC

    (917) 635-6320

    9 in this area

    131 Total Sales

    Yu Cheng Hsu
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3451861

OneKey® MLS

APN: 03996-0038

New York Queens County College Point 11356 College Point

1128 124th St, College Point, NY

This home is located at 1128 124th St, College Point, NY 11356 since 11 January 2023 and is currently estimated at $964,884. This property was built in 1925. 1128 124th St is a home located in Queens County with nearby schools including P.S. 129 Patricia Larkin, J.H.S. 194 William Carr, and Flushing High School.

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