NOT LISTED FOR SALE

141-08 123rd Ave Jamaica, NY 11436

South Jamaica Neighborhood

Estimated Value: $792,000 - $922,332

6 Beds
3 Baths
-- Sq Ft
1,980 Sq Ft Lot

Last Sold February 20, 2024

Last sale price $825,000

Est. 3% increase in value since last sale

Current estimated payment $4,955/month

84 Days on Market

About This Home

As of February 2024

LEGAL 2 FAMILY - DELIVERED VACANT! Centrally located and close to all. Come take a tour of 141-08 123rd Ave. in Jamaica, Queens. This property has a building size of 20' x 50' and boasts 3 bedrooms, over 3 bedrooms, and a full walk-out, apartment sized basement. Wow! This semi-detached home is in move-in condition and offers 3 separate floors, each with plenty of space. The 1st floor is a full apartment with 3 bedrooms, and the 2nd floor is also a full apartment with 3 bedrooms and 2 full bathrooms. The basement includes 1 family room and 2 additional rooms. This home has Solar Panels with a current Lease, which the new owner would have to assume. However, the current owner is able to get a $1600 Property Tax Reduction with Solar! Don't Wait - This property has a lot of space for your family and to generate $$$ Rental Income!

Last Agent to Sell the Property

Anthony Mottola

Mottola Real Estate LLC Brokerage Phone: 718-894-8700 License #10491213489 Listed on: 09/12/2023

Last Buyer's Agent

Mahfujur Rahman

Listing Pro Realty Services License #10401360962

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1915

Lot Details

  • 1,980 Sq Ft Lot
  • Lot Dimensions are 22x90
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Schools

  • Ps 223 Lyndon B Johnson Elementary School
  • JHS 226 Virgil I Grissom Middle School
  • August Martin High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 18 / 12034
  • Assessor Parcel Number 12034-0018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,056

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1915
  • New Construction: No
  • Attribution Contact: 718-894-8700
  • BuildingSize: 20' x 50'
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 226 Virgil I Grissom

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 22x90
  • Lot Size Sq Ft: 1980
  • Lot Size Units: Acres
  • Parcel Number: 12034-0018
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-09-13

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5055.96
  • Tax Block: 12034
  • Tax Lot: 18
  • Tax Map Number: 12034-0018

MLS Schools

  • Elementary School: Ps 223 Lyndon B Johnson
  • High School: August Martin High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Feb 20, 2024
Sold by
Fernandez Julia and Rosario Juan
Bought by
Ali Abdul
Seller's Agent
Anthony Mottola
Mottola Real Estate LLC
Buyer's Agent
Mahfujur Rahman
Listing Pro Realty Services
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%
Views
94
Current Estimated Value
$848,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,083
Avg. Annual Appreciation
4.81%
Original Mortgage
$688,000
Outstanding Balance
$677,283
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,446

Purchase Details

Closed on
Oct 6, 2016
Sold by
Fernandez Julia and Garcia Maria
Bought by
Fernandez Julia and Rosario Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2011
Sold by
Snt Properties Corp
Bought by
Fernandez Julia and Garcia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,127
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2009
Sold by
Hosseini Pour Sofie
Bought by
Snt Properties Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,990
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2008
Sold by
Christine Stephens and Meekins Melba D
Bought by
Hosseini Pour Sofie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,990
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Ali Abdul $860,000 --
Ali Abdul $860,000 --
Fernandez Julia -- --
Fernandez Julia -- --
Fernandez Julia $350,000 --
Fernandez Julia $350,000 --
Snt Properties Corp -- --
Snt Properties Corp -- --
Hosseini Pour Sofie $240,000 --
Hosseini Pour Sofie $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Abdul $688,000
Closed Ali Abdul $688,000
Previous Owner Fernandez Julia $0
Previous Owner Fernandez Julia $9,216
Previous Owner Fernandez Julia $341,127
Previous Owner Hosseini Pour Sofie $231,990
Previous Owner Stephens Christine $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $825,000 -1.7% --
12/06/2023 12/06/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $839,000 -1.2% --
09/12/2023 09/12/23 For Sale $849,000 -- --
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 $5,237 $27,636 $6,645 $20,991
2024 $3,621 $26,076 $6,191 $19,885
2023 $5,000 $24,895 $5,601 $19,294
2022 $4,689 $42,000 $11,340 $30,660
2021 $4,943 $44,460 $11,340 $33,120
2020 $4,875 $44,700 $11,340 $33,360
2019 $4,546 $38,280 $11,340 $26,940
2018 $4,229 $20,746 $8,617 $12,129
2017 $3,690 $19,573 $8,979 $10,594
2016 $3,603 $19,573 $8,979 $10,594
2015 $2,227 $19,192 $9,057 $10,135
2014 $2,227 $18,109 $10,250 $7,859
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Anthony Mottola

    Mottola Real Estate LLC

    (718) 894-8700

    2 in this area

    45 Total Sales

    Anthony Mottola
    Section Image

  • M

    Buyer's Agent in 2024

    Mahfujur Rahman

    Listing Pro Realty Services

    1 in this area

    9 Total Sales

    Mahfujur Rahman
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3503798

OneKey® MLS

APN: 12034-0018

New York Queens County Jamaica 11436 South Jamaica

141-08 123rd Ave, Jamaica, NY

This home is located at 141-08 123rd Ave, Jamaica, NY 11436 since 12 September 2023 and is currently estimated at $848,083. This property was built in 1915. 141-08 123rd Ave is a home located in Queens County with nearby schools including P.S. 223 - Lyndon B. Johnson, J.H.S. 226 Virgil I. Grisson, and Success Academy Charter School-Nyc 13.

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