NOT LISTED FOR SALE

Estimated Value: $1,333,511

4 Beds
2.5 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold November 05, 2013

Last sale price $792,000

Est. 68% increase in value since last sale

Current estimated payment $8,191/month

43 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Fireplace
  • P.S. 21 Edward Hart Rated A-
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of November 2013

Very Well Kept And Bright Mixed Use House In Very Desirable Area In North Flushing, Store Front And 2 Over 2 2Fm W/Finished Bsmt And Long Drivway

Last Agent to Sell the Property

Sang Chu

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #40CH0882167 Listed on: 07/15/2013

Keller Williams Rlty Landmark

Last Buyer's Agent

William Li

Building 1 Property Mgmt Corp License #31LI0902567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 1925

Lot Details

  • 3,136 Sq Ft Lot
  • Lot Dimensions are 40x78.42
  • No Common Walls

Parking

  • Private Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dryer
  • Legal Lot and Block 48 / 4823

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,018

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Store+Dwell
  • Property SubType: Multi Family
  • Exclusions: Dryer
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-475-2700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dishwasher,Refrigerator,Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: Yes
  • Heating: Radiant, Oil
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: 2

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 40X78.42
  • Lot Size Sq Ft: 3136
  • Zoning Description: R4A
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 7018
  • Tax Block: 4823
  • Tax Lot: 48

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Nov 4, 2013
Sold by
Shin Bo Young
Bought by
Bing Ming Properties Inc
Seller's Agent
Sang Chu
Keller Williams Rlty Landmark
Buyer's Agent
William Li
Building 1 Property Mgmt Corp
List Price
$899,000
Sold Price
$792,000
Premium/Discount to List
-$107,000
-11.9%
Current Estimated Value
$1,333,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,511
Avg. Annual Appreciation
4.37%
Original Mortgage
$250,000
Outstanding Balance
$186,262
Interest Rate
4.36%
Mortgage Type
Commercial
Estimated Equity
$1,147,249

Purchase Details

Closed on
Aug 24, 2007
Sold by
Kim Chung Hee and Kim Wisaeng
Bought by
Drimact Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2002
Sold by
Lee Sun Won
Bought by
Kim Chung and Kim Wisaeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
6.16%
Mortgage Type
Commercial
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
Bing Ming Properties Inc $792,000 --
Bing Ming Properties Inc $792,000 --
Drimact Corp -- --
Shin Bo Young $780,000 --
Drimact Corp -- --
Kim Chung -- --
Kim Chung -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bing Ming Properties Inc $250,000
Closed Bing Ming Properties Inc $250,000
Previous Owner Shin Bo Young $480,000
Previous Owner Drimact Corp $0
Previous Owner Kim Chung $397,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2013 11/05/13 Sold $792,000 -11.9% --
08/28/2013 08/28/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $899,000 -- --
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 $14,620 $77,160 $13,926 $63,234
2024 $14,620 $72,792 $14,059 $58,733
2023 $14,620 $72,792 $15,464 $57,328
2022 $14,169 $82,140 $21,300 $60,840
2021 $14,092 $73,140 $21,300 $51,840
2020 $13,610 $69,780 $21,300 $48,480
2019 $12,690 $60,660 $21,300 $39,360
2018 $12,781 $62,696 $18,719 $43,977
2017 $12,057 $59,148 $18,815 $40,333
2016 $11,155 $59,148 $18,815 $40,333
2015 $4,748 $62,096 $49,591 $12,505
2014 $4,748 $57,497 $46,994 $10,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY2599699

OneKey® MLS

APN: 04823-0048