NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,306,000

7 Beds
2 Baths
-- Sq Ft
4,640 Sq Ft Lot

Last Sold May 23, 2023

Last sale price $1,040,000

Est. 4% increase in value since last sale

Current estimated payment $6,406/month

259 Days on Market

Highlights

  • Property is near public transit
  • Raised Ranch Architecture
  • Central Air
  • P.S. 140 - Edward K. Ellington Rated A-
  • Park
  • Heating System Uses Steam

About This Home

As of May 2023

LOCATIONS, LOCATIONS! .2 Family House, Hi Ranch .1Floor: 3 bedrooms, Living room/ Dining Room, Kitchen, and full Bathroom. 2nd Floor: 4bedrooms, Living room/ Dining room, Kitchen, Bathroom Full Finished Basement. Private Driveway. 40X116 Lot. Great Condition New Roof 2 Boilers, 2 hot water tanks Near public Transportation. Near Jamaica Center, Supermarket, shopping area. and much More

Last Agent to Sell the Property

Mayra Genao

First Priority Realty LLC License #10491212200 Listed on: 06/30/2022

Last Buyer's Agent

Mayra Genao

First Priority Realty LLC License #10491212200 Listed on: 06/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,970

Year Built

  • Built in 1955

Lot Details

  • 4,640 Sq Ft Lot
  • Lot Dimensions are 40x116
  • No Common Walls

Home Design

  • Raised Ranch Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • JHS 8 Richard S Grossley Middle School
  • Hillcrest High School

Utilities

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

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 25 / 10201
  • Assessor Parcel Number 10201-0025

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

$7,970

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Year Built: 1955
  • New Construction: No
  • BuildingSize: 25.67X42
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 8 Richard S Grossley

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40x116
  • Lot Size Sq Ft: 4640
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 10201-0025
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-07-01

Rental Info

  • Lease Considered: No
  • Available Date: 2023-05-30

Multi Family

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

Tax Info

  • Tax Annual Amount: 7970
  • Tax Block: 10201
  • Tax Lot: 25
  • Tax Map Number: 10201-0025

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
May 23, 2023
Sold by
Salinas Marlen
Bought by
Heras John I and Heras Jonathan K
Seller's Agent
Mayra Genao
First Priority Realty LLC
Buyer's Agent
Mayra Genao
First Priority Realty LLC
List Price
$1,099,000
Sold Price
$1,040,000
Premium/Discount to List
-$59,000
-5.37%
Views
90
Current Estimated Value
$1,081,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,430
Avg. Annual Appreciation
1.57%
Original Mortgage
$832,000
Outstanding Balance
$807,078
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,352

Purchase Details

Closed on
Feb 12, 2010
Sold by
Salinas Marlen and Valencia Martha
Bought by
Salinas Marlen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,603
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2005
Sold by
Valencia Martha
Bought by
Salinas Marlen and Valencia Martha

Purchase Details

Closed on
May 20, 2003
Sold by
Cain Bettie J and Cain Chester L
Bought by
Valencia Martha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Heras John I $1,040,000 --
Heras John I $1,040,000 --
Salinas Marlen -- --
Salinas Marlen -- --
Salinas Marlen -- --
Salinas Marlen -- --
Valencia Martha $295,000 --
Valencia Martha $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heras John I $832,000
Closed Heras John I $832,000
Previous Owner Salinas Marlen $408,603
Closed Valencia Martha $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $1,040,000 -5.4% --
03/16/2023 03/16/23 Pending -- -- --
11/16/2022 11/16/22 Price Changed $1,099,000 0.0% --
11/16/2022 11/16/22 For Sale $1,099,000 +5.7% --
10/25/2022 10/25/22 Off Market $1,040,000 -- --
10/01/2022 10/01/22 For Sale $1,125,000 +8.2% --
09/17/2022 09/17/22 Off Market $1,040,000 -- --
06/30/2022 06/30/22 For Sale $1,125,000 -- --
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 $8,811 $46,310 $12,693 $33,617
2024 $8,811 $43,867 $14,294 $29,573
2023 $8,031 $41,386 $12,806 $28,580
2022 $7,975 $44,580 $16,560 $28,020
2021 $8,313 $42,960 $16,560 $26,400
2020 $7,873 $40,140 $16,560 $23,580
2019 $7,354 $42,660 $16,560 $26,100
2018 $6,733 $34,488 $15,181 $19,307
2017 $6,731 $34,488 $16,025 $18,463
2016 $6,505 $34,488 $16,025 $18,463
2015 $3,942 $32,160 $18,420 $13,740
2014 $3,942 $30,464 $18,374 $12,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3412483

OneKey® MLS

APN: 10201-0025