NOT LISTED FOR SALE

Estimated Value: $828,332 - $926,000

5 Beds
3 Baths
-- Sq Ft
3,760 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $1,052,500

Est. 17% decrease in value since last sale

Current estimated payment $5,102/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Park
  • Property is near public transit
  • Marble Countertops
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Beautifully gut renovated two-family house featuring a spacious three-bedroom, 2 full bathroom residence on the first floor and a comfortable two-bedroom dwelling on the second floor for additional rental. The property boasts a fully finished basement with a convenient walkout entrance, providing additional living or recreational space. Brand new furnace, central AC, roof, siding and many more. Enjoy ample parking space on the generous lot, all within the charm of a great neighborhood, making it an ideal home for families seeking modern comfort and a desirable community atmosphere.

Last Agent to Sell the Property

Zahed Hussain

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #10401285420 Listed on: 02/06/2024

Keller Williams Landmark II

Co-Listed By

Sheyeb Bakth

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #40BA1065831

Last Buyer's Agent

Sunday Oluwasina

Skylight Real Estate Consultan License #10401318159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1950

Lot Details

  • 3,760 Sq Ft Lot
  • Lot Dimensions are 40x94
  • No Common Walls

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Oven
  • Marble Countertops
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Schools

  • Is 59 Springfield Gardens Middle School
  • Benjamin Franklin Hs-Finance-Info High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 16 / 12686
  • Assessor Parcel Number 12686-0016

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

$5,732

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 347-846-1200
  • Co List Office Mls Id: ONEKLRW01
  • Co List Office Phone: 347-846-1200
  • BuildingSize: 23.67 X 33.33
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Granite Counters, Marble Counters
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: A/C Units,Energy Star Appliance(s),Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Assigned, Carport

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: yes

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 59 Springfield Gardens

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x94
  • Lot Size Sq Ft: 3760
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 12686-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-02-07

Rental Info

  • Lease Considered: No
  • Available Date: 2024-04-19

Multi Family

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

Tax Info

  • Tax Annual Amount: 5732
  • Tax Block: 12686
  • Tax Lot: 16
  • Tax Map Number: 12686-0016
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • High School: Benjamin Franklin Hs-Finance-Info
  • Middle School District: Queens 29

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 25, 2024
Sold by
120-24 199 St Inc
Bought by
Ulasi Michael E
Seller's Agent
Zahed Hussain
Keller Williams Landmark II
Buyer's Agent
Sunday Oluwasina
Skylight Real Estate Consultan
List Price
$1,069,000
Sold Price
$1,052,500
Premium/Discount to List
-$16,500
-1.54%
Views
41
Current Estimated Value
$870,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,667
Avg. Annual Appreciation
-11.04%
Original Mortgage
$981,500
Outstanding Balance
$965,200
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$94,367

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jun 16, 2023
Sold by
Wisdom Herma V
Bought by
120-24 199 St Inc
Seller's Agent
Nia Elliott
Myles Realty
Buyer's Agent
Nia Elliott
Myles Realty
List Price
$649,000
Sold Price
$656,000
Premium/Discount to List
$7,000
1.08%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.33%

Purchase Details

Closed on
Sep 10, 2007
Sold by
Mclaren Mavis
Bought by
Wisdom Herma V
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
Ulasi Michael E $1,052,500 --
Ulasi Michael E $1,052,500 --
120-24 199 St Inc $656,000 --
120-24 199 St Inc $656,000 --
Wisdom Herma V -- --
Wisdom Herma V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulasi Michael E $981,500
Closed Ulasi Michael E $981,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2024 03/25/24 Sold $1,052,500 -2.1% --
02/21/2024 02/21/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $1,075,000 +0.6% --
02/06/2024 02/06/24 For Sale $1,069,000 +63.0% --
06/16/2023 06/16/23 Sold $656,000 -0.6% -- View Prior Sale
02/23/2023 02/23/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $660,000 -6.9% --
12/18/2022 12/18/22 Price Changed $709,000 +9.2% --
12/15/2022 12/15/22 For Sale $649,000 -- --
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 $6,145 $32,428 $8,767 $23,661
2024 $6,145 $30,594 $8,747 $21,847
2023 $5,797 $28,862 $8,824 $20,038
2022 $5,762 $43,020 $13,740 $29,280
2021 $6,028 $35,640 $13,740 $21,900
2020 $5,720 $36,720 $13,740 $22,980
2019 $5,333 $32,100 $13,740 $18,360
2018 $4,903 $24,052 $10,695 $13,357
2017 $4,903 $24,052 $10,412 $13,640
2016 $4,772 $24,052 $10,412 $13,640
2015 $2,737 $22,519 $11,916 $10,603
2014 $2,737 $21,246 $12,406 $8,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3529820

OneKey® MLS

APN: 12686-0016