NOT LISTED FOR SALE

11940 7th Ave College Point, NY 11356

College Point Neighborhood

Estimated Value: $928,490 - $1,233,000

4 Beds
3.5 Baths
18 Sq Ft
$57,965/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $870,000 $48,333 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,158/month

11 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • P.S. 129 Patricia Larkin Rated A-
  • Formal Dining Room
  • Heating System Uses Natural Gas

About This Home

As of December 2017

Wonderful 2 Families Home In College Point, Near Schools And Transportation. Make This One Yours Before Another Family Does!, Additional information: Appearance:Good

Last Agent to Sell the Property

Fiona Yang

East Coast REALTORS Inc Brokerage Phone: 718-428-6888 License #10401260581 Listed on: 05/26/2017

Last Buyer's Agent

Fiona Yang

East Coast REALTORS Inc Brokerage Phone: 718-428-6888 License #10401260581 Listed on: 05/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 1930

Lot Details

  • 2,704 Sq Ft Lot
  • Lot Dimensions are 28x96.58

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Bi-Level Home

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 26 / 3938

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,801

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level
  • Year Built: 1930
  • Attribution Contact: 718-428-6888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Partial, Unfinished
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Shared Driveway

Utilities

  • Heating: Electric, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 28X96.58
  • Lot Size Sq Ft: 2704
  • Building Area Total: 18
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 5801
  • Tax Block: 3938
  • Tax Lot: 26

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Dec 19, 2017
Sold by
Kafalas Marion and % : Law Offices Of Yang & Partners
Bought by
Pan Qing Hai and Pan Taihua
Seller's Agent
Fiona Yang
East Coast REALTORS Inc
Buyer's Agent
Fiona Yang
East Coast REALTORS Inc
List Price
$890,000
Sold Price
$870,000
Premium/Discount to List
-$20,000
-2.25%
Current Estimated Value
$1,043,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,373
Avg. Annual Appreciation
2.35%
Original Mortgage
$522,000
Outstanding Balance
$439,251
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$604,122

Purchase Details

Closed on
Nov 24, 2003
Sold by
Kafalas Marion and Keller Susan
Bought by
Kafalas Marion and Kafalas William

Purchase Details

Closed on
Dec 7, 1999
Sold by
Martens Warren Gustave and Martens Margaret Hunt
Bought by
Kafalas Marion and Keller Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,900
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1995
Sold by
Bischoff Martens Warren Gustave and Bischoff Martens Margaret
Bought by
Martens Warren Gustave and Martens Margaret Hunt
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
Pan Qing Hai $870,000 --
Pan Qing Hai $870,000 --
Kafalas Marion -- --
Kafalas Marion -- --
Kafalas Marion $255,500 First American Title Ins Co
Kafalas Marion $255,500 First American Title Ins Co
Martens Warren Gustave -- --
Martens Warren Gustave -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Qing Hai $522,000
Closed Pan Qing Hai $522,000
Previous Owner Kafalas Marion $252,900
Closed Kafalas Marion $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $870,000 -- --
12/19/2017 12/19/17 Sold $870,000 -2.2% $48,333 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $890,000 -- $49,444 / 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 $7,716 $40,722 $8,841 $31,881
2024 $7,716 $38,417 $9,329 $29,088
2023 $7,340 $36,547 $7,977 $28,570
2022 $6,952 $56,520 $12,180 $44,340
2021 $7,329 $46,860 $12,180 $34,680
2020 $7,183 $49,320 $12,180 $37,140
2019 $6,697 $49,800 $12,180 $37,620
2018 $6,208 $30,456 $6,563 $23,893
2017 $5,916 $29,020 $8,392 $20,628
2016 $5,801 $29,020 $8,392 $20,628
2015 $3,302 $28,279 $12,802 $15,477
2014 $3,302 $26,679 $10,261 $16,418
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Fiona Yang

    East Coast REALTORS Inc

See All Agents

Map

Source: OneKey® MLS

MLS Number: L2941941

OneKey® MLS

APN: 03938-0026

New York Queens County College Point 11356 College Point

11940 7th Ave, College Point, NY

This home is located at 11940 7th Ave, College Point, NY 11356 since 26 May 2017 and is currently estimated at $1,043,373, approximately $57,965 per square foot. This property was built in 1930. 11940 7th Ave 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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