NOT LISTED FOR SALE

Estimated Value: $1,153,457 - $1,513,000

5 Beds
3 Baths
-- Sq Ft
3,300 Sq Ft Lot

Last Sold October 12, 2022

Last sale price $1,240,000

Est. 9% increase in value since last sale

Current estimated payment $7,811/month

43 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Heating System Uses Steam
  • P.S. 21 Edward Hart Rated A-

About This Home

As of October 2022

This large and spacious detached 2-family house located in the heart of North Flushing just arrived on the market. The 1st-floor apartment features 1 bedroom (originally converted from 3 bedrooms if needed, it can easily be converted back to 3 Bedrooms), Kitchen, Formal dining room, Living room, Full bathroom, and access from the kitchen sliding door to the outside deck and a back yard. This home also has a finished basement with a full bathroom. The 2nd-floor apartment features 4 bedrooms & 1 full bathroom, a formal dining room, and a Living room. This home is situated close to parks, shopping, public transportation, and all. Excellent location and layout. A Must See!!

Last Agent to Sell the Property

Charles Chang

Exit Realty Team License #49CH1105136 Listed on: 06/20/2022

Exit Realty Team

Last Buyer's Agent

Liang Liu

E Realty International Corp License #10401339711

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,511

Year Built

  • Built in 1925

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 33x100
  • No Common Walls

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Oil

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 48 / 4986
  • Assessor Parcel Number 04986-0048

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,511

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-358-4000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Dryer, Washer
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-06-20
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Steam
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Dimensions: 33x100
  • Lot Size Sq Ft: 3300.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04986-0048
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-12
  • Tax Annual Amount: 8511.00
  • Tax Block: 4986
  • Tax Lot: 48
  • Tax Map Number: 04986-0048

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Oct 12, 2022
Sold by
Famiglietti Carmine and Labatto Mary Ann
Bought by
Xie Yuehua and Zheng Feng
Seller's Agent
Charles Chang
Exit Realty Team
Buyer's Agent
Liang Liu
E Realty International Corp
List Price
$1,300,000
Sold Price
$1,240,000
Premium/Discount to List
-$60,000
-4.62%
Current Estimated Value
$1,351,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,364
Avg. Annual Appreciation
2.67%
Original Mortgage
$806,000
Outstanding Balance
$778,995
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$572,369

Purchase Details

Closed on
Apr 26, 2015
Sold by
Famiglietti Diane
Bought by
Famiglietti Carmine and Famiglietti Diane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Xie Yuehua $1,240,000 --
Famiglietti Carmine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Yuehua $806,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $1,240,000 -4.6% --
08/03/2022 08/03/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $1,300,000 -- --
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 $8,942 $45,785 $11,190 $34,595
2024 $8,942 $44,519 $11,525 $32,994
2023 $8,436 $42,001 $11,626 $30,375
2022 $8,385 $55,200 $17,040 $38,160
2021 $7,609 $59,040 $17,040 $42,000
2020 $7,170 $62,100 $17,040 $45,060
2019 $6,865 $57,660 $17,040 $40,620
2018 $7,322 $35,001 $10,112 $24,889
2017 $7,135 $35,001 $13,079 $21,922
2016 $6,077 $35,001 $13,079 $21,922
2015 -- $31,795 $14,816 $16,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3408759

OneKey® MLS

APN: 04986-0048