NOT LISTED FOR SALE

16367 Mathias Ave Jamaica, NY 11433

Jamaica Neighborhood

Estimated Value: $1,139,000 - $1,381,052

8 Beds
5 Baths
2,990 Sq Ft
$419/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $1,285,000 $430 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,261/month

21 Days on Market

Highlights

  • 0.12 Acre Lot
  • Property is near public transit
  • Granite Countertops
  • P.S. 140 - Edward K. Ellington Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of July 2023

Mortgage not secured yet. UNIQUE OPPORTUNITY! Stunningly Remodeled TWO FAMILY on a Quiet Block of Jamaica. This HUGE 2 family will provide you with a wowing 2977 sq.ft. of superior living space. Each apartment consists of Large Living Room/Dining room area, 4 Large Bedrooms and 2 Bathrooms. Large Master Bedroom has a Bath and walk in Closet. Each Kitchen comes with a Counter and Appliances. The Basement is Full Finished w Bath and Laundry area. Near School, Transportation and Shopping. Access Gate from backyard.

Last Agent to Sell the Property

Robert Hakimian

Fox 21 License #40HA0990280 Listed on: 04/10/2023

Last Buyer's Agent

Kazi Hussain

RE/MAX Luxe License #10401361505

RE/MAX Luxe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,177

Year Built

  • Built in 1955 | Remodeled in 2023

Lot Details

  • 5,160 Sq Ft Lot
  • Lot Dimensions are 40x129
  • No Common Walls
  • South Facing Home

Home Design

  • Frame Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Ps 48 William Wordsworth Elementary School
  • JHS 8 Richard S Grossley Middle School
  • Hillcrest High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 23 / 10201
  • Assessor Parcel Number 10201-0023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,177

Year Built

Built in 1955 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1955
  • New Construction: No
  • Year Built Effective: 2023
  • BuildingSize: 25.67 X 58
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters, Living Room/Dining Room Combo, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Living Area: 2990
  • SquareFootage: 2990.00
  • SquareFootageSource: Field Measured
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Frame, Stucco, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Yes

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 8 Richard S Grossley

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 40x129
  • Lot Size Sq Ft: 5160
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 10201-0023
  • Zoning Description: R3A
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-11

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8177
  • Tax Block: 10201
  • Tax Lot: 23
  • Tax Map Number: 10201-0023

MLS Schools

  • Elementary School: Ps 48 William Wordsworth
  • High School: Hillcrest High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jul 5, 2023
Sold by
Danco Usa Development Corp and Zagros Corporation
Bought by
Aktar Rahena and Chomke Shajeda
Seller's Agent
Robert Hakimian
Fox 21
Buyer's Agent
Kazi Hussain
RE/MAX Luxe
List Price
$1,350,000
Sold Price
$1,285,000
Premium/Discount to List
-$65,000
-4.81%
Views
58
Current Estimated Value
$1,252,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,737
Avg. Annual Appreciation
-1.06%
Original Mortgage
$929,850
Outstanding Balance
$905,286
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$346,977

Purchase Details

Closed on
Sep 14, 2022
Sold by
Lisa Jadidian Referee
Bought by
Danco Usa Development Corp and Zagros Corporation

Purchase Details

Closed on
Sep 13, 2006
Sold by
Bobadilla Lenin
Bought by
Farez Luis G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.52%

Purchase Details

Closed on
Jun 23, 2004
Sold by
Decarmo Loreen and Peace Ebony
Bought by
Decarmo Loreen and Peace Jennifer

Purchase Details

Closed on
Mar 16, 2002
Sold by
Peace Jennifer and Decarmo Loreen
Bought by
Decarmo Loreen and Peace Ebony

Purchase Details

Closed on
May 1, 1996
Sold by
Sans Daniel
Bought by
Peace Jennifer D and Decarmo Loreen E

Purchase Details

Closed on
May 27, 1994
Sold by
Sans Mario and Sans Aide
Bought by
Sans Daniel
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
Aktar Rahena $1,285,000 --
Aktar Rahena $1,285,000 --
Aktar Rahena $1,285,000 --
Danco Usa Development Corp $720,000 --
Danco Usa Development Corp $720,000 --
Danco Usa Development Corp $720,000 --
Farez Luis G -- --
Bobadilla Lenin $680,000 --
Farez Luis G -- --
Bobadilla Lenin $680,000 --
Decarmo Loreen -- --
Decarmo Loreen -- --
Decarmo Loreen -- --
Decarmo Loreen -- --
Peace Jennifer D $136,000 Commonwealth Land Title Ins
Sans Daniel -- --
Sans Daniel -- Commonwealth Land Title Ins
Sans Daniel -- Commonwealth Land Title Ins
Sans Daniel -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aktar Rahena $929,850
Closed Aktar Rahena $929,850
Previous Owner Bobadilla Lenin $96,000
Previous Owner Bobadilla Lenin $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $1,285,000 -4.8% $430 / Sq Ft
06/16/2023 06/16/23 For Sale $1,350,000 0.0% $452 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $1,350,000 -3.2% $452 / Sq Ft
04/19/2023 04/19/23 Price Changed $1,395,000 -0.2% $467 / Sq Ft
04/10/2023 04/10/23 For Sale $1,397,800 -- $467 / Sq Ft
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 $8,330 $43,960 $10,141 $33,819
2024 $8,330 $41,472 $11,469 $30,003
2023 $8,330 $41,472 $10,727 $30,745
2022 $8,177 $43,260 $13,440 $29,820
2021 $8,038 $40,020 $13,440 $26,580
2020 $7,754 $39,000 $13,440 $25,560
2019 $7,230 $36,480 $13,440 $23,040
2018 $7,045 $34,560 $12,386 $22,174
2017 $6,840 $33,552 $12,402 $21,150
2016 $6,469 $33,552 $12,402 $21,150
2015 $3,818 $30,528 $14,934 $15,594
2014 $3,818 $28,800 $14,940 $13,860
Source: Public Records

Agents Affiliated with this Home

  • Robert Hakimian

    Seller's Agent in 2023

    Robert Hakimian

    Fox 21

    (516) 859-1611

    2 in this area

    7 Total Sales

    Robert Hakimian
    Section Image

  • K

    Buyer's Agent in 2023

    Kazi Hussain

    RE/MAX Luxe

    (516) 873-7100

    6 in this area

    67 Total Sales

    Kazi Hussain
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3470263

OneKey® MLS

APN: 10201-0023

New York Queens County Jamaica 11433 Jamaica

16367 Mathias Ave, Jamaica, NY

Not Listed for Sale

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