NOT LISTED FOR SALE

12322 Lax Ave College Point, NY 11356

College Point Neighborhood

Estimated Value: $1,026,907 - $1,281,000

5 Beds
2 Baths
3,150 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $1,030,000 $327 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,199/month

17 Days on Market

Highlights

  • Water Views
  • 8,671 Sq Ft lot
  • Wood Flooring
  • P.S. 129 Patricia Larkin Rated A-
  • Colonial Architecture
  • Main Floor Primary Bedroom

About This Home

As of December 2017

Beautiful Legal 2 Family. Amazing Views Of The Water And Bridge. This 3Bed Over 2Bed Has Been Updated In The Past 10Years. Split Ac On 1st Floor, Wall Ac On 2nd Fl. New Pavers. Gas Boiler 2 Years Old. Owner Pays Heat. Separate Gas & Elec Meters. Basement Full Bath Not Represented. Being Sold As Is., Additional information: Appearance:Mint++,Green Features:Insulated Doors,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Tiffany Pedone

Douglas Elliman Real Estate Brokerage Phone: 516-307-9406 License #10401244848 Listed on: 08/16/2017

Last Buyer's Agent

Xiao Ling Chen

E Realty International Corp License #10401290335

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1965

Lot Details

  • 8,671 Sq Ft Lot
  • 1 Common Wall

Parking

  • Detached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • ENERGY STAR Qualified Windows
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 26 / 3921
  • Assessor Parcel Number 03921-0026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,600

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1965
  • Attribution Contact: 516-307-9406
  • Subdivision Name: Marina
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Master Downstairs
  • Flooring: Hardwood
  • Door Features: Storm Door(s)
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Window Features: ENERGY STAR Qualified Windows
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • View: Water

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Cooling: ENERGY STAR Qualified Equipment
  • Heating: Hot Water, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: Irr 58X149
  • Lot Size Sq Ft: 8671
  • Parcel Number: 03921-0026
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: B1

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 9600
  • Tax Block: 3921
  • Tax Lot: 26

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Dec 14, 2017
Sold by
Mary A Sorrento As Executrix and The Estate Of John Sorrento By
Bought by
Zhang Zhen Yu
Seller's Agent
Tiffany Pedone
Douglas Elliman Real Estate
Buyer's Agent
Xiao Ling Chen
E Realty International Corp
List Price
$999,000
Sold Price
$1,030,000
Premium/Discount to List
$31,000
3.1%
Current Estimated Value
$1,132,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,977
Avg. Annual Appreciation
2.38%
Original Mortgage
$721,000
Outstanding Balance
$610,652
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$623,837

Purchase Details

Closed on
Nov 18, 2003
Sold by
Schiavo Donna and Schiavo Thomas B
Bought by
Sorrento John
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Zhen Yu $1,030,000 --
Zhang Zhen Yu $1,030,000 --
Sorrento John -- --
Sorrento John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Zhen Yu $721,000
Closed Zhang Zhen Yu $721,000
Previous Owner Sorrento John $101,000
Previous Owner Sorrento John $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $1,030,000 -- --
12/15/2017 12/15/17 Sold $1,030,000 +3.1% $327 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $999,000 -- $317 / 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 $12,303 $62,460 $22,142 $40,318
2024 $12,303 $61,254 $20,749 $40,505
2023 $11,607 $57,788 $16,760 $41,028
2022 $10,883 $77,160 $21,300 $55,860
2021 $11,473 $65,760 $21,300 $44,460
2020 $11,453 $67,980 $21,300 $46,680
2019 $10,678 $66,180 $21,300 $44,880
2018 $9,817 $48,157 $18,684 $29,473
2017 $8,962 $45,432 $18,307 $27,125
2016 $8,772 $45,432 $18,307 $27,125
2015 $4,950 $45,090 $19,202 $25,888
2014 $4,950 $42,538 $20,074 $22,464
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tiffany Pedone

    Douglas Elliman Real Estate

  • X

    Buyer's Agent in 2017

    Xiao Ling Chen

    E Realty International Corp

    (718) 886-8110

    1 in this area

    19 Total Sales

    Xiao Ling Chen
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L2964035

OneKey® MLS

APN: 03921-0026

New York Queens County College Point 11356 College Point

12322 Lax Ave, College Point, NY

This home is located at 12322 Lax Ave, College Point, NY 11356 since 16 August 2017 and is currently estimated at $1,132,977, approximately $359 per square foot. This property was built in 1965. 12322 Lax 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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