NOT LISTED FOR SALE

Estimated Value: $738,663 - $1,012,000

4 Beds
2 Baths
-- Sq Ft
3,000 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $765,000

Est. 12% increase in value since last sale

Current estimated payment $4,837/month

136 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • 5-minute walk to Latimer Playground

About This Home

As of February 2022

Great 2 family investment property in the heart of Jamaica. Nice size backyard with garage and driveway! Basement w/ 1st floor apartment and 2nd floor apartment with 1 bedroom & office space! This property won't last! It's a must see!

Last Agent to Sell the Property

Nancy Donin

LAFFEY REAL ESTATE License #30DO0542601 Listed on: 08/09/2021

LAFFEY REAL ESTATE

Co-Listed By

Rivaldo Flores

Vantage Realty Partners License #10401357350

Last Buyer's Agent

Faisal Kabir

Winzone Realty Inc License #10401311190

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1920

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • No Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport

Schools

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

Utilities

  • No Cooling
  • 1 Heating Zone
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 61 / 10167
  • Assessor Parcel Number 10167-0061

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 516-627-4343
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2021-08-10
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 1.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Carport

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 8 Richard S Grossley

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: Acres
  • Parcel Number: 10167-0061
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-02-18
  • Tax Annual Amount: 3500.00
  • Tax Block: 10167
  • Tax Lot: 61
  • Tax Map Number: 10167-0061

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Feb 18, 2022
Sold by
Correa Cesar G and Correa Karla V
Bought by
Begum Umama and Islam Asma
Seller's Agent
Nancy Donin
LAFFEY REAL ESTATE
Buyer's Agent
Faisal Kabir
Winzone Realty Inc
List Price
$790,000
Sold Price
$765,000
Premium/Discount to List
-$25,000
-3.16%
Current Estimated Value
$860,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,416
Avg. Annual Appreciation
3.14%
Original Mortgage
$700,548
Outstanding Balance
$653,364
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$207,052

Purchase Details

Closed on
Jun 2, 2017
Sold by
167-03 140 Ave Corp
Bought by
Correa Cesar and Correa Karla

Purchase Details

Closed on
Aug 15, 2015
Sold by
16415 108Th Ave Corp
Bought by
167-03 140Th Ave Corp

Purchase Details

Closed on
Jun 3, 2015
Sold by
Princess Property And Management Inc
Bought by
16415 108 Ave Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Rouse Charles F and Rouse Dorothy M
Bought by
Princess Property And Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.53%
Mortgage Type
New Conventional
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
Begum Umama $765,000 --
Correa Cesar $479,200 --
167-03 140 Ave Corp -- --
167-03 140Th Ave Corp -- --
16415 108 Ave Corp $230,000 --
Princess Property And Management Llc $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begum Umama $700,548
Previous Owner 16415 108 Ave Corp $230,000
Previous Owner Princess Property And Management Llc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $765,000 -3.2% --
12/23/2021 12/23/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $790,000 -- --
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 $3,734 $19,607 $5,910 $13,697
2024 $3,734 $18,593 $6,717 $11,876
2023 $3,670 $18,272 $6,030 $12,242
2022 $3,441 $38,220 $13,980 $24,240
2021 $3,447 $31,680 $13,980 $17,700
2020 $3,458 $34,740 $13,980 $20,760
2019 $3,241 $32,220 $13,980 $18,240
2018 $3,104 $15,227 $7,469 $7,758
2017 $2,928 $14,366 $9,145 $5,221
2016 $2,728 $14,366 $9,145 $5,221
2015 $1,635 $13,616 $8,751 $4,865
2014 $1,635 $12,912 $8,847 $4,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3337028

OneKey® MLS

APN: 10167-0061