NOT LISTED FOR SALE

Estimated Value: $1,055,655 - $1,284,000

5 Beds
3 Baths
2,592 Sq Ft
$458/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $980,000 $378 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,068/month

76 Days on Market

Highlights

  • Water Views
  • Deck
  • Central Air
  • P.S. 129 Patricia Larkin Rated A-
  • Wood Flooring
  • 4-minute walk to Hermon A MacNeil Park

About This Home

As of October 2019

Desirable area in CP, right next to MacKneil Park, just improved, Beautiful two Fam Semi Detached; Two BR over two BR w/L shaped DR(easily converted into another BR), over One BR finished basement; home in excellent conditions;, Additional information: Appearance:Excellent,Separate Hotwater Heater:2

Last Agent to Sell the Property

Michael Deng

Eagle Realty Group New York Brokerage Phone: 718-663-4366 License #10311202575 Listed on: 05/10/2019

Last Buyer's Agent

George Zhun Zhang

B Square Realty License #10301217166

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,750

Year Built

  • Built in 1960

Lot Details

  • 2,610 Sq Ft Lot
  • Lot Dimensions are 45 x 58
  • 1 Common Wall

Parking

  • Private Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • Water Views
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Deck

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,750

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1960
  • Attribution Contact: 718-663-4366
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • View: Water
  • Patio and Porch Features: Deck

Garage/Parking

  • Parking Description: Private

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 45 x 58
  • Lot Size Sq Ft: 2610
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6750

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Oct 7, 2019
Sold by
Nikolic Nikolina and Nikolic Slavko
Bought by
Cheng Kim F and Cheng Neng Yong
Seller's Agent
Michael Deng
Eagle Realty Group New York
Buyer's Agent
George Zhun Zhang
B Square Realty
List Price
$1,188,888
Sold Price
$980,000
Premium/Discount to List
-$208,888
-17.57%
Current Estimated Value
$1,186,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,164
Avg. Annual Appreciation
3.27%
Original Mortgage
$735,000
Outstanding Balance
$646,729
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$539,435

Purchase Details

Closed on
Nov 29, 2012
Sold by
Bornemann Rita Darlene and Leavy Thomas
Bought by
Nikolic Nikolina and Nikolic Slavko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Bornemann Rita D
Bought by
Bornemann Rita D and Leavy Thomas

Purchase Details

Closed on
Sep 30, 2009
Sold by
Bornemann Rita Darlene and As Tenants In Common
Bought by
Wulp Marguerite

Purchase Details

Closed on
May 6, 2009
Sold by
Wulp Marguerite
Bought by
Bornemann Rita Darlene and As Tenants In Common
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
Cheng Kim F $980,000 --
Nikolic Nikolina $568,000 --
Nikolic Nikolina $568,000 --
Bornemann Rita D -- --
Bornemann Rita D -- --
Bornemann Rita D -- --
Bornemann Rita D -- --
Wulp Marguerite -- --
Wulp Marguerite -- --
Bornemann Rita Darlene -- --
Bornemann Rita Darlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Kim F $735,000
Previous Owner Nikolic Nikolina $426,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $980,000 -- --
10/07/2019 10/07/19 Sold $980,000 -17.6% $378 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $1,188,888 -- $459 / 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 $8,972 $44,669 $6,525 $38,144
2024 $8,972 $44,669 $7,379 $37,290
2023 $8,904 $44,333 $7,545 $36,788
2022 $8,349 $62,580 $10,140 $52,440
2021 $8,304 $55,620 $10,140 $45,480
2020 $7,879 $58,140 $10,140 $48,000
2019 $7,787 $56,880 $10,140 $46,740
2018 $7,531 $36,944 $6,044 $30,900
2017 $7,105 $34,853 $6,954 $27,899
2016 $6,573 $34,853 $6,954 $27,899
2015 -- $31,020 $9,660 $21,360
2014 -- $31,020 $9,660 $21,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3127440

OneKey® MLS

APN: 03940-0018