NOT LISTED FOR SALE

Estimated Value: $1,483,000 - $1,711,000

6 Beds
5 Baths
2,268 Sq Ft
$700/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $1,500,000 $661 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,612/month

9 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Baseboard Heating
  • P.S. 79 - Francis Lewis Rated A
  • Central Air

About This Home

As of September 2024

Welcome to your next investment opportunity in Whitestone! This meticulously maintained 2-family home offers a perfect blend of comfort and convenience. Spacious Living: With a total of 6 bedrooms spread across two units, en-suite half bathrooms, hardwood floors and central air conditioning. Situated on an oversized 30' x 119' lot, this home offers plenty of outdoor space for relaxation & recreation. enjoy the benefits of a 1 car garage and a private driveway ensuring ample parking. Prime Location: Situated close to shops and transportation, easy access to amenities and commuting options. The property has been lovingly maintained, ensuring a turnkey experience for both owner-occupiers and investors alike. Don't Miss Out: Schedule your showing today and discover why this Whitestone gem is the perfect addition to your real estate portfolio.

Last Agent to Sell the Property

Margaret Daghavarian

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401309839 Listed on: 07/01/2024

Keller Williams Rlty Landmark

Last Buyer's Agent

Margaret Daghavarian

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401309839 Listed on: 07/01/2024

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,284

Year Built

  • Built in 1970

Lot Details

  • 3,570 Sq Ft Lot
  • Lot Dimensions are 30x119
  • 1 Common Wall

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 16 / 4641
  • Assessor Parcel Number 04641-0016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,284

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Year Built: 1970
  • New Construction: No
  • Attribution Contact: 718-475-2700
  • BuildingSize: 21' x 54'
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher,Dryer,Garage Door Opener,Refrigerator,Washer
  • Total Bedrooms: 6
  • Living Area: 2268
  • SquareFootage: 2268.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 30x119
  • Lot Size Sq Ft: 3570
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04641-0016
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-06-27

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 13284
  • Tax Block: 4641
  • Tax Lot: 16
  • Tax Map Number: 04641-0016
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 24, 2024
Sold by
Amended and Ann Mahdessian As Trustee
Bought by
J & Z Real Properties Group Llc
Seller's Agent
Margaret Daghavarian
Keller Williams Rlty Landmark
Buyer's Agent
Margaret Daghavarian
Keller Williams Rlty Landmark
List Price
$1,388,000
Sold Price
$1,500,000
Premium/Discount to List
$112,000
8.07%
Views
13
Current Estimated Value
$1,588,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,000
Avg. Annual Appreciation
5.81%
Original Mortgage
$674,000
Outstanding Balance
$666,914
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$921,086

Purchase Details

Closed on
Jan 19, 2021
Sold by
Amended and Ann Mahdessian As Trustee
Bought by
Amended and Ann Mahdessian As Trustee

Purchase Details

Closed on
Jun 5, 2019
Sold by
Mahdessian Ann and Movsesian Adrienne
Bought by
Amended and Mahdessian As Trustee Ann

Purchase Details

Closed on
Feb 19, 2013
Sold by
Movsesian Adrienne
Bought by
Adrienne P Movsesian Living Trust and Movsesian Trustee Adrienne P

Purchase Details

Closed on
Aug 15, 2003
Sold by
Mahdessian As Interest Ann
Bought by
Ann Mahdessian Revocable Living Trust U/ and Mahdessian As Interest Ann

Purchase Details

Closed on
Jun 3, 1998
Sold by
Vetzigian George and Vetzigian Helen
Bought by
Mahdesian Ann and Movsesian Adrienne
Source: Public Records

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
J & Z Real Properties Group Llc $1,500,000 --
Amended -- --
Amended -- --
Amended -- --
Amended -- --
Adrienne P Movsesian Living Trust -- --
Adrienne P Movsesian Living Trust -- --
Ann Mahdessian Revocable Living Trust U/ -- --
Ann Mahdessian Revocable Living Trust U/ -- --
Mahdesian Ann -- Security Title & Guaranty Co
Mahdesian Ann -- Security Title & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & Z Real Properties Group Llc $674,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,500,000 +8.1% $661 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $1,388,000 -- $612 / 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 $13,913 $69,989 $21,124 $48,865
2024 $13,913 $69,272 $22,843 $46,429
2023 $13,138 $65,410 $19,008 $46,402
2022 $12,532 $69,780 $23,940 $45,840
2021 $11,583 $74,640 $23,940 $50,700
2020 $12,345 $73,560 $23,940 $49,620
2019 $12,076 $72,960 $23,940 $49,020
2018 $11,111 $54,508 $17,974 $36,534
2017 $10,483 $51,424 $18,704 $32,720
2016 $10,280 $51,424 $18,704 $32,720
2015 -- $48,603 $23,202 $25,401
2014 -- $48,106 $24,217 $23,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3561817

OneKey® MLS

APN: 04641-0016