NOT LISTED FOR SALE

Estimated Value: $1,129,000 - $1,233,000

6 Beds
5 Baths
1,147 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $1,250,000 $1,090 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,061/month

73 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Granite Countertops
  • Property is near public transit
  • Main Floor Primary Bedroom
  • New Windows

About This Home

As of November 2023

Welcome to this exquisite newly built 2-family home! This property offers a great opportunity to own an incoming producing or multigeneration living arrangement in a convenient location. It is situated near major highways, shops, supermarkets, malls, and public transportation, and just a few minutes away from JKF international airport. This residence is perfect for someone seeking both convenience and ample living space. Don't like driving? No problem the Q111 and Q114 are located across the street and takes you to the Jamaica Center and Hillside Ave, giving you extended access to the E, F, J Train, and Long Island Railroad, you can also connect to the Air train which takes you directly to JFK. This home was carefully designed to bring you a luxury living space. It features recess lighting, modern light fixtures, hardwood flooring, crafted kitchen cabinetry, and central air. The exterior of this home has a beautiful brick design and ample parking space with a nice-sized backyard to create an outdoor oasis. It's a must-see!

Last Agent to Sell the Property

Kandice Inder

Keller Williams Legendary Brokerage Phone: 718-496-1507 License #10401351985 Listed on: 07/16/2023

Keller Williams Legendary

Last Buyer's Agent

Sunita Singh

ILAND Realty License #10301212076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,762

Year Built

  • Built in 1945 | Newly Remodeled

Lot Details

  • 3,680 Sq Ft Lot
  • Lot Dimensions are 40x92
  • No Common Walls
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • New Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

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

Parking

  • Private Parking
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 52 Elementary School
  • Collaborative Arts Middle School
  • Humanities & Arts Magnet High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 72 / 13292
  • Assessor Parcel Number 13292-0072

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,762

Year Built

Built in 1945 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1945
  • New Construction: Yes
  • Attribution Contact: 718-496-1507
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Granite Counters, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Inclusions: Dishwasher,Light Fixtures,Microwave,Refrigerator
  • Total Bedrooms: 6
  • Window Features: New Windows
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, On Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Indirect Tank

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Collaborative Arts Middle School

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 40x92
  • Lot Size Sq Ft: 3680
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 13292-0072
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-07-17

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5762
  • Tax Block: 13292
  • Tax Lot: 72
  • Tax Map Number: 13292-0072
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 52
  • High School: Humanities & Arts Magnet Hs
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Nov 20, 2023
Sold by
Kings Town Homes Dev Llc
Bought by
Kumar Rajesh
Seller's Agent
Kandice Inder
Keller Williams Legendary
Buyer's Agent
Sunita Singh
ILAND Realty
List Price
$1,250,000
Sold Price
$1,250,000
Views
331
Current Estimated Value
$1,174,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,723
Avg. Annual Appreciation
-0.01%
Original Mortgage
$929,000
Outstanding Balance
$914,723
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,117

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 11, 2022
Sold by
Robinson As Surviving Spouse Elsie Sim and Robinson Deceased
Bought by
Kings Town Homes Dev Llc
Seller's Agent
Monica Dingle
St Rose Realty
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.01%
Original Mortgage
$540,000
Interest Rate
5.27%
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
Kumar Rajesh $1,250,000 --
Kumar Rajesh $1,250,000 --
Kings Town Homes Dev Llc $600,000 --
Kings Town Homes Dev Llc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Rajesh $929,000
Closed Kumar Rajesh $929,000
Previous Owner Kings Town Homes Dev Llc $300,000
Previous Owner Kings Town Homes Dev Llc $540,000
Previous Owner Robinson Elsie R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $1,250,000 -3.8% $1,090 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/24/2023 09/24/23 Price Changed $1,299,000 +3.9% $1,133 / Sq Ft
09/22/2023 09/22/23 For Sale $1,250,000 0.0% $1,090 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $1,250,000 +150.0% $1,090 / Sq Ft
05/11/2022 05/11/22 Sold $500,000 -16.7% $436 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $600,000 -- $523 / 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 $9,657 $49,932 $11,398 $38,534
2024 $9,657 $48,082 $11,596 $36,486
2023 $5,949 $29,617 $7,198 $22,419
2022 $1,934 $34,140 $9,960 $24,180
2021 $2,075 $36,540 $9,960 $26,580
2020 $1,920 $31,680 $9,960 $21,720
2019 $1,729 $28,380 $9,960 $18,420
2018 $3,785 $24,681 $8,680 $16,001
2017 $3,950 $24,052 $8,717 $15,335
2016 $1,630 $24,052 $8,717 $15,335
2015 $855 $22,711 $8,222 $14,489
2014 $855 $21,427 $9,240 $12,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3491523

OneKey® MLS

APN: 13292-0072