NOT LISTED FOR SALE

Estimated Value: $1,908,992 - $2,262,000

7 Beds
6.5 Baths
2,808 Sq Ft
$728/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,745,000 $621 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,926/month

113 Days on Market

Highlights

  • Whole House Entertainment System
  • P.S. 024 Andrew Jackson School Rated A-
  • Hot Water Heating System

About This Home

As of July 2021

All Brick 2007 Year Built Legal 3 Family House !! Prime & Very Convenient Flushing Location. MUST SEE! This Is An Excellent Investment Opportunity, Great Rental Income. Sunny & Bright With 3 Dwelling And A Full Finished Basement With Sep/Ent., Additional information: Appearance:Good

Last Agent to Sell the Property

David Tair

RE/MAX 1st Choice Brokerage Phone: 516-888-6000 License #10491207120 Listed on: 09/07/2020

RE/MAX 1st Choice

Last Buyer's Agent

Chun Hsuih

RE/MAX 1st Choice License #10301200976

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 2007

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 18x100

Home Design

  • Triplex
  • Split Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms

Basement

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

Parking

  • Private Parking
  • Driveway

Additional Features

  • Whole House Entertainment System
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 9 / 5200

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,000

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Triplex
  • Levels: Multi/Split
  • Year Built: 2007
  • Attribution Contact: 516-888-6000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Whole House Entertainment System
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 7
  • Fireplace: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Heating: Hot Water
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 18x100
  • Lot Size Sq Ft: 1800
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 12000
  • Tax Block: 5200
  • Tax Lot: 9

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Jul 30, 2021
Sold by
Kao Wei-Kang
Bought by
Ling Jimmy C and Yin Xiaoqin Sarah
Seller's Agent
David Tair
RE/MAX 1st Choice
Buyer's Agent
Chun Hsuih
RE/MAX 1st Choice
List Price
$1,850,000
Sold Price
$1,745,000
Premium/Discount to List
-$105,000
-5.68%
Current Estimated Value
$2,044,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,248
Avg. Annual Appreciation
3.82%
Original Mortgage
$1,221,500
Outstanding Balance
$1,110,722
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$933,526

Purchase Details

Closed on
Jul 24, 2007
Sold by
Maspeth Remodeling Co Inc
Bought by
Kao Wei-Kang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.72%

Purchase Details

Closed on
Mar 14, 2006
Sold by
D N T J Realty Corp
Bought by
Maspeth Remodeling Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1996
Sold by
Rello Dominick and Rello Nancy
Bought by
D N T J Realty Corp

Purchase Details

Closed on
Jun 20, 1995
Sold by
Anderson Allyne R and Mahood Joseph H
Bought by
Rello Dominick and Rello Nancy
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
Ling Jimmy C $1,745,000 --
Kao Wei-Kang $1,150,000 --
Kao Wei-Kang $1,150,000 --
Maspeth Remodeling Co Inc $1,300,000 --
Maspeth Remodeling Co Inc $1,300,000 --
D N T J Realty Corp -- --
D N T J Realty Corp -- --
Rello Dominick $310,000 --
Rello Dominick $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ling Jimmy C $1,221,500
Previous Owner Kao Wei-Kang $600,000
Previous Owner Maspeth Remodeling Co Inc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $1,745,000 -5.7% $621 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $1,850,000 -- $659 / 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 $13,434 $70,898 $17,036 $53,862
2024 $13,434 $66,886 $15,904 $50,982
2023 $12,674 $63,101 $14,510 $48,591
2022 $10,274 $118,680 $25,980 $92,700
2021 $9,134 $104,280 $25,980 $78,300
2020 $7,442 $104,700 $25,980 $78,720
2019 $5,546 $106,920 $25,980 $80,940
2018 $3,916 $52,584 $17,145 $35,439
2017 $3,916 $49,608 $16,224 $33,384
2016 $3,840 $49,608 $16,224 $33,384
2015 $2,623 $49,235 $24,694 $24,541
2014 $2,623 $46,449 $27,962 $18,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3249830

OneKey® MLS

APN: 05200-0009