NOT LISTED FOR SALE

Estimated Value: $787,638 - $1,107,000

6 Beds
3 Baths
-- Sq Ft
4,000 Sq Ft Lot

Last Sold January 20, 2022

Last sale price $870,000

Est. 9% increase in value since last sale

Current estimated payment $5,804/month

59 Days on Market

About This Home

As of January 2022

This is a 2 family duplex with full finished basement. The basement has outside entrance and beautiful large backyards.This is perfect for investors or owner-occupied with opportunity to make good income in addition. Owner will entertain all offers but the best will be considered.

Last Agent to Sell the Property

Johnson Fabelurin

Jafabel Properties LLC License #10491209465 Listed on: 08/26/2021

Last Buyer's Agent

Zubair Chaudhry

Zubair Realty 1 LLC License #10491212885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,584

Year Built

  • Built in 1955

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 50x80
  • No Common Walls

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking
  • Driveway
  • Off-Site Parking

Location

  • Property is near public transit

Schools

  • Ps 251 Elementary School
  • Is 59 Springfield Gardens Middle School
  • Excelsior Prep High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 43 / 13461

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,584

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1955
  • New Construction: No
  • Attribution Contact: 347-278-6717
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, Off Site

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Hot Water: See Remarks
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 251
  • Middle School: Is 59 Springfield Gardens
  • High School: Excelsior Prep High School
  • Middle School: Is 59 Springfield Gardens

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: 50x80
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: Acres
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-01-20
  • Tax Annual Amount: 6584.10
  • Tax Block: 13461
  • Tax Lot: 43

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Ps 251
  • High School: Excelsior Prep High School
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jan 20, 2022
Sold by
Germain Allrich and Germain Venite
Bought by
Mehmood Ghazanfar
Seller's Agent
Johnson Fabelurin
Jafabel Properties LLC
Buyer's Agent
Zubair Chaudhry
Zubair Realty 1 LLC
List Price
$880,000
Sold Price
$870,000
Premium/Discount to List
-$10,000
-1.14%
Current Estimated Value
$950,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,410
Avg. Annual Appreciation
2.22%
Original Mortgage
$696,000
Outstanding Balance
$647,992
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,953
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
Mehmood Ghazanfar $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehmood Ghazanfar $696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $870,000 -1.1% --
10/25/2021 10/25/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $880,000 -- --
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 $7,497 $37,325 $8,610 $28,715
2024 $7,497 $37,325 $10,313 $27,012
2023 $7,440 $37,044 $8,647 $28,397
2022 $6,977 $38,340 $10,560 $27,780
2021 $6,939 $34,140 $10,560 $23,580
2020 $6,584 $32,220 $10,560 $21,660
2019 $6,507 $32,160 $10,560 $21,600
2018 $6,293 $30,870 $10,309 $20,561
2017 $5,937 $29,123 $8,600 $20,523
2016 $5,493 $29,123 $8,600 $20,523
2015 $3,623 $25,920 $11,040 $14,880
2014 $3,623 $25,920 $11,040 $14,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3340941

OneKey® MLS

APN: 13461-0043