NOT LISTED FOR SALE

Estimated Value: $2,746,836 - $5,717,000

5 Beds
4.5 Baths
5,924 Sq Ft
$621/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $2,450,000 $414 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $21,634/month

339 Days on Market

Highlights

  • Water Views
  • 19,940 Sq Ft lot
  • Mediterranean Architecture
  • P.S. 79 - Francis Lewis Rated A
  • Property is near public transit and schools
  • 4-minute walk to Mcneil Park

About This Home

As of June 2023

Standing proud and situated on over 19,000 square foot of property, this majestic Mediterranean style colonial with water views is distinct. Its timeless details from the era it was built is emulated throughout the home. Every single room is stately. From the large entry foyer to the grand formal living room and dining room, this home offers a vast amount of entertainment space, beautiful fireplace mantels, custom mill work, ornate moldings and lovely architectural details throughout. This home is located down the street from the Malba Yacht Club. The options are endless from restoring this impressive home to its original grandeur or build your dream home.

Last Agent to Sell the Property

Evangelia Boudourakis

Daniel Gale Sothebys Intl Rlty License #10301223768 Listed on: 04/12/2022

Daniel Gale Sothebys Intl Rlty

Co-Listed By

Irene Nictas

Daniel Gale Sothebys Intl Rlty License #10401260990

Last Buyer's Agent

Evangelia Boudourakis

Daniel Gale Sothebys Intl Rlty License #10301223768 Listed on: 04/12/2022

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,204

Year Built

  • Built in 1935

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 350x153
  • Private Entrance
  • Corner Lot

Parking

  • Detached Garage

Property Views

  • Water
  • Bridge
  • Skyline

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Carpet
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Ps 79 Francis Lewis Elementary School
  • JHS 194 William Carr Middle School
  • Flushing High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit and schools

Listing and Financial Details

  • Legal Lot and Block 1 / 4438
  • Assessor Parcel Number 04438-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,204

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Mediterranean
  • Property SubType: Single Family Residence
  • Property Condition: Estimated
  • Levels: Two
  • Year Built: 1935
  • Co List Office Mls Id: KEYGALE26
  • Co List Office Phone: 718-762-2268
  • CurrentPrice: 2450000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.75924
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Formal Dining, Primary Bathroom, Walk-In Closet(s)
  • Fireplaces: 3
  • Flooring: Carpet
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Walk-Out Access, Full
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Basement YN: No

Exterior Features

  • Construction Materials: Other, Stucco
  • Pool Private: No
  • Spa: No
  • View: Bridge(s), City, Skyline, Water
  • Exterior Features: Balcony, Private Entrance
  • Foundation Details: Other

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
  • Security: Security System
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 194 William Carr

Lot Info

  • Lot Dimensions: 350x153
  • Lot Size Sq Ft: 19940
  • Lot Features: Corner Lot, Near Public Transit, Near School
  • Parcel Number: 04438-0001
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 29204.16
  • Tax Block: 4438
  • Tax Lot: 1

MLS Schools

  • Elementary School: Ps 79 Francis Lewis
  • High School: Flushing High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jun 22, 2023
Sold by
Betzios Executor Demetri and Betzios Executor
Bought by
Kabuli Najeb
Seller's Agent
Evangelia Boudourakis
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Evangelia Boudourakis
Daniel Gale Sothebys Intl Rlty
List Price
$3,950,000
Sold Price
$2,450,000
Premium/Discount to List
-$1,500,000
-37.97%
Views
107
Current Estimated Value
$3,676,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,226,209
Avg. Annual Appreciation
16.96%
Original Mortgage
$1,960,000
Outstanding Balance
$1,903,400
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,772,809

Purchase Details

Closed on
Jul 17, 1996
Sold by
Betzios Elias
Bought by
Betzios Elias and Betzios Julia
Source: Public Records
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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
Kabuli Najeb $2,450,000 --
Kabuli Najeb $2,450,000 --
Kabuli Najeb $2,450,000 --
Betzios Elias -- Commonwealth Land Title Ins
Betzios Elias -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabuli Najeb $1,960,000
Closed Kabuli Najeb $1,960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $2,450,000 -18.3% $414 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $2,999,000 -14.1% $506 / Sq Ft
11/03/2022 11/03/22 Price Changed $3,490,000 -11.6% $589 / Sq Ft
04/12/2022 04/12/22 For Sale $3,950,000 -- $667 / 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 $30,525 $109,140 $123,636 --
2024 $30,525 $151,980 $63,116 $88,864
2023 $29,852 $152,427 $53,087 $99,340
2022 $28,048 $159,420 $62,460 $96,960
2021 $27,890 $140,280 $62,460 $77,820
2020 $26,431 $127,980 $62,460 $65,520
2019 $27,677 $141,000 $62,460 $78,540
2018 $26,582 $131,858 $49,950 $81,908
2017 $25,119 $124,692 $41,738 $82,954
2016 $23,402 $124,692 $41,738 $82,954
2015 $13,968 $111,900 $63,600 $48,300
2014 $13,968 $111,421 $63,328 $48,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3390899

OneKey® MLS

APN: 04438-0001