NOT LISTED FOR SALE

Estimated Value: $1,080,000 - $1,226,110

8 Beds
5 Baths
-- Sq Ft
4,000 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $1,225,000

Est. 5% decrease in value since last sale

Current estimated payment $7,001/month

83 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Marble Countertops
  • Raised Ranch Architecture
  • Main Floor Primary Bedroom
  • Den

About This Home

As of May 2023

Newly renovated, two family spanning over 3,000sq/ft of living space. Sitting on a 40x100 lot on a beautiful tree lined street of Springfield Gardens/Rochdale. Perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as 3 bedroom 2 bath rental unit which has the ability to generate $3,500/month over a 3 bedroom 2 bath owners unit, plus high ceiling full finished basement with 2 additional bedrooms. Prime Location! stones throw to transportation, schools, shopping centers, highways, restaurants, JFK Airport.

Last Agent to Sell the Property

Yoram Monus

Century 21 KR Realty License #40MO0919518 Listed on: 02/07/2023

Century 21 KR Realty

Last Buyer's Agent

Yoram Monus

Century 21 KR Realty License #40MO0919518 Listed on: 02/07/2023

Century 21 KR Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,235

Year Built

  • Built in 1950 | Remodeled in 2023

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Home Design

  • Raised Ranch Architecture
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Marble Countertops
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Private Parking
  • Driveway
  • Off-Site Parking

Location

  • Property is near public transit

Schools

  • Hillcrest High Middle School
  • Hillcrest High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 4 / 12271
  • Assessor Parcel Number 12271-0004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,235

Year Built

Built in 1950 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1950
  • New Construction: No
  • Year Built Effective: 2023
  • BuildingSize: 24X42
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Appliances: ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Formal Dining, Granite Counters, Marble Bath, Marble Counters, Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • 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: Hillcrest High School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 12271-0004
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-02-08

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 7235
  • Tax Block: 12271
  • Tax Lot: 4
  • Tax Map Number: 12271-0004
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Hillcrest High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
May 10, 2023
Sold by
S & H Development And Management Llc
Bought by
Ajide Olajide
Seller's Agent
Yoram Monus
Century 21 KR Realty
Buyer's Agent
Yoram Monus
Century 21 KR Realty
List Price
$1,199,000
Sold Price
$1,225,000
Premium/Discount to List
$26,000
2.17%
Total Days on Market
83
Views
219
Current Estimated Value
$1,165,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,006
Avg. Annual Appreciation
-3.52%
Original Mortgage
$1,202,812
Outstanding Balance
$1,172,534
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$43,134

Purchase Details

Closed on
Aug 30, 2022
Sold by
Martin Sinette M
Bought by
S & H Development And Management Llc

Purchase Details

Closed on
Aug 16, 1995
Sold by
Gilbert Debra A and Brunson Josephine M
Bought by
Martin Sinette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,050
Interest Rate
7.86%
Mortgage Type
FHA
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
Ajide Olajide $1,225,000 --
S & H Development And Management Llc $600,000 --
Martin Sinette M $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajide Olajide $1,202,812
Previous Owner Martin Sinette M $518,500
Previous Owner Sinette Martin $300,000
Previous Owner Sinette Martin $37,500
Previous Owner Martin Sinette M $14,467
Previous Owner Martin Sinette M $111,000
Previous Owner Martin Sinette M $114,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $1,225,000 +2.2% --
02/07/2023 02/07/23 For Sale $1,199,000 -- --
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 $7,774 $38,707 $13,944 $24,763
2024 $7,774 $38,707 $13,098 $25,609
2023 $7,716 $38,415 $12,761 $25,654
2022 $6,948 $55,020 $17,400 $37,620
2021 $6,899 $45,600 $17,400 $28,200
2020 $6,532 $39,240 $17,400 $21,840
2019 $6,455 $40,140 $17,400 $22,740
2018 $6,228 $32,013 $15,095 $16,918
2017 $5,857 $30,201 $15,612 $14,589
2016 $5,386 $30,201 $15,612 $14,589
2015 $3,598 $26,880 $19,320 $7,560
2014 $3,598 $26,880 $19,320 $7,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3457169

OneKey® MLS

APN: 12271-0004