NOT LISTED FOR SALE

Estimated Value: $1,390,359 - $1,438,000

5 Beds
4.5 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $1,280,000

Est. 10% increase in value since last sale

Current estimated payment $8,539/month

16 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near public transit
  • Wood Flooring
  • P.S. 129 Patricia Larkin Rated A-
  • Private Lot
  • 3-minute walk to Powell's Cove Park

About This Home

As of December 2021

Legal attached two family house. Excellent location right next to whitestone mansion area Malba. good school district. desirable layout with rooms proportionate in size. Full finished basement with separate entrance. 2 parking spaces are included. don't miss out this opportunity!

Last Agent to Sell the Property

Lina Wang

Compass Greater NY LLC License #10401297418 Listed on: 09/14/2021

Compass Greater NY LLC

Co-Listed By

Lori Jin

E Realty International Corp License #10401275115

Last Buyer's Agent

Xiang Xi Wang

Royalux Realty LLC License #10401321204

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,702

Year Built

  • Built in 2001

Lot Details

  • 1,943 Sq Ft Lot
  • Lot Dimensions are 20x98
  • Property Fronts a Bay or Harbor
  • Two or More Common Walls
  • South Facing Home
  • Back Yard Fenced
  • Private Lot
  • Corner Lot

Property Views

  • Water
  • Bridge
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Private Parking
  • Parking Lot

Schools

  • Ps 129 Patricia Larkin Elementary School
  • JHS 194 William Carr Middle School
  • Flushing High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Dehumidifier
  • Legal Lot and Block 15 / 3987

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

$12,702

Year Built

Built in 2001

Lot Details

1,943 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Exclusions: Dehumidifier
  • Year Built: 2001
  • New Construction: No
  • Attribution Contact: 718-886-8110
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Granite Counters, Master Bath, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Inclusions: Dishwasher, Dryer, Mailbox, Refrigerator, Second Stove, Washer
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • Flood Zone Report: No
  • Waterfront Features: Bay
  • Fencing: Back Yard
  • View: Bridge(s), Park/Greenbelt, Water
  • Exterior Features: Balcony
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Parking Lot, No Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 194 William Carr

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 20x98
  • Lot Size Sq Ft: 1943.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit, Private
  • Zoning Description: R3-2
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-12-20
  • Tax Annual Amount: 12701.57
  • Tax Block: 3987
  • Tax Lot: 15

Multi Family

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

MLS Schools

  • Elementary School: Ps 129 Patricia Larkin
  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 20, 2021
Sold by
Chan King Man and Chan Wei Wu
Bought by
Cai Qiujin and Lin Xinrong
Seller's Agent
Lina Wang
Compass Greater NY LLC
Buyer's Agent
Xiang Xi Wang
Royalux Realty LLC
List Price
$1,228,000
Sold Price
$1,280,000
Premium/Discount to List
$52,000
4.23%
Current Estimated Value
$1,409,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,090
Avg. Annual Appreciation
2.29%
Original Mortgage
$768,000
Outstanding Balance
$706,453
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$702,637

Purchase Details

Closed on
Mar 16, 2001
Sold by
Malba Bay Estates Inc
Bought by
Chan King Man and Chan Wei Wu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cai Qiujin $1,280,000 --
Chan King Man -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Qiujin $768,000
Previous Owner Chan King Man $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $1,280,000 +4.2% --
09/30/2021 09/30/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $1,228,000 -- --
Source: OneKey® MLS

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 $14,490 $72,360 $12,220 $60,140
2024 $14,490 $72,144 $11,634 $60,510
2023 $13,719 $68,306 $10,678 $57,628
2022 $12,864 $65,220 $12,240 $52,980
2021 $12,765 $67,620 $12,240 $55,380
2020 $12,468 $60,300 $12,240 $48,060
2019 $12,284 $60,120 $12,240 $47,880
2018 $11,306 $56,922 $11,144 $45,778
2017 $10,647 $53,700 $12,240 $41,460
2016 $10,029 $53,700 $12,240 $41,460
2015 $6,146 $50,280 $13,620 $36,660
2014 $6,146 $50,280 $13,620 $36,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3345323

OneKey® MLS

APN: 03987-0015

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