NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,048,392

2 Beds
2 Baths
2,970 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $825,000 $278 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,094/month

109 Days on Market

Highlights

  • 0.11 Acre Lot
  • Ranch Style House
  • Cooling System Mounted In Outer Wall Opening
  • Property is near public transit
  • Porch
  • Baseboard Heating

About This Home

As of June 2021

Some say its Location that sells a home I say its Landscape that compliments the Location. A MUST SEE, Rare architecturally designed garden landscape situated on a well manicured 50 x 100 lot, an owners delight and opportunity to be the envy of the neighborhood. This two family with approved plans for conversion to a three family awaits the city dweller with a suburban appetite. This fully detached Brick is conveniently located to all transportation, shopping, highways, parkways. The characteristics of your future home gives you two one bedroom rental units consisting of 4 rooms each with living room, dining area, Kitchen Bedroom and full bath and a projected rent of $1,800 per unit while you live in luxury in your new 1500 SF 3 Bedroom 2 full bathrooms hospitality unit. This property is priced as a two family home.

Last Listed By

Richard Greco

Richard Greco Real Estate License #35GR0245678 Listed on: 08/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,236

Year Built

  • Built in 1955 | Remodeled in 2015

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • Driveway

Home Design

  • 2,970 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 05347-0047

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,236

Year Built

Built in 1955 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Ranch, Townhouse
  • Property SubType: Multi Family
  • Year Built: 1955
  • Year Built Effective: 2015
  • Attribution Contact: 718-518-8588
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 2
  • Living Area: 2970.00
  • Square Footage: 2970.00

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05347-0047
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-06-30
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 6236.00
  • Tax Map Number: 05347-0047

Multi Family

  • Fuel Expense: 3000.00
  • Units Total: 3
  • 1 Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Jun 30, 2021
Sold by
Pagan Roberto and Pagan Veronica
Bought by
Hoque Asibul and Hoque Ayesha
Seller's Agent
Richard Greco
Richard Greco Real Estate
List Price
$900,000
Sold Price
$825,000
Premium/Discount to List
-$75,000
-8.33%
Total Days on Market
109
Current Estimated Value
$950,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,098
Avg. Annual Appreciation
4.43%
Original Mortgage
$663,000
Outstanding Balance
$611,903
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$365,024

Purchase Details

Closed on
Jan 24, 2001
Sold by
Deluca Carol and Federico Louis
Bought by
Federico Dorothy

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
Hoque Asibul $825,000 --
Hoque Asibul $825,000 --
Federico Dorothy -- --
Federico Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoque Asibul $663,000
Closed Hoque Asibul $663,000
Previous Owner Pagan Roberto $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $825,000 -11.2% $278 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/06/2020 11/06/20 Price Changed $929,000 +6.2% $313 / Sq Ft
11/03/2020 11/03/20 Price Changed $875,000 -6.9% $295 / Sq Ft
08/23/2020 08/23/20 Price Changed $940,000 +4.4% $316 / Sq Ft
08/20/2020 08/20/20 For Sale $900,000 -- $303 / 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
2024 $9,299 $46,297 $10,598 $35,699
2023 $8,894 $43,795 $11,652 $32,143
2022 $8,521 $56,940 $14,160 $42,780
2021 $8,679 $50,760 $14,160 $36,600
2020 $8,360 $53,820 $14,160 $39,660
2019 $7,778 $45,300 $14,160 $31,140
2018 $7,142 $36,496 $11,244 $25,252
2017 $6,951 $35,568 $12,113 $23,455
2016 $6,801 $35,568 $14,131 $21,437
2015 $3,827 $34,080 $14,931 $19,149
2014 $3,827 $32,151 $14,086 $18,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6064131

OneKey® MLS

APN: 05347-0047