NOT LISTED FOR SALE

Estimated Value: $1,414,000 - $1,832,000

7 Beds
5 Baths
2,466 Sq Ft
$657/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $1,310,000 $531 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,670/month

20 Days on Market

Highlights

  • Property is near public transit and shops
  • Main Floor Bedroom
  • 3 Car Attached Garage
  • Bell Academy Rated A
  • Formal Dining Room
  • 3-minute walk to Bay Terrace Playground

About This Home

As of May 2021

GREAT INCOME PROPERTY!! FULLY ELECTRIC BRICK 2 FAMILY IN BEST LOCATION OF BAY TERRACE; GARAGE PLUS 3 ADDITIONAL PARKING SPOTS. ONE BLOCK TO BELL BLVD. AND TRANSPORTATION; 3 BEDROOM/2 BATH OVER 3 BEDROOM/2 BATH+TERRACE OVER 1 BEDROOM/1 BATH WITH SIDE ENTRANCE; NEEDS UPDATING., Additional information: Appearance:Good,Separate Hotwater Heater:3

Last Agent to Sell the Property

Steven Meyer

Century 21 Bay Benjamin Brokerage Phone: 718-225-0800 License #10301219855 Listed on: 02/17/2021

Century 21 Bay Benjamin

Last Buyer's Agent

Wenli Yu

United Real Estate Fortune License #10401336406

United Real Estate Fortune

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,792

Year Built

  • Built in 1970

Lot Details

  • 3,217 Sq Ft Lot
  • Lot Dimensions are 32.17x100
  • 1 Common Wall

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 5 Full Bathrooms

Schools

  • Ps 169 Bay Terrace Elementary School
  • Bell Academy Middle School

Additional Features

  • Property is near public transit and shops
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 97 / 5948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,792

Year Built

Built in 1970

Lot Details

3,217 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Year Built: 1970
  • Attribution Contact: 718-225-0800
  • CurrentPrice: 1310000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, First Floor Bedroom
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Basement: Full
  • Total Bedrooms: 7
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 3
  • Parking Description: Attached, Private

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Bell Academy

Lot Info

  • Lot Dimensions: 32.17x100
  • Lot Size Sq Ft: 3217
  • Lot Features: Near Public Transit, Near Shops
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 14791.84
  • Tax Block: 5948
  • Tax Lot: 97

MLS Schools

  • Elementary School: Ps 169 Bay Terrace
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 27, 2021
Sold by
Catherine Tempesta and Catherine David Scillitani
Bought by
He Jin Yu and Weng Xi Hua
Seller's Agent
Steven Meyer
Century 21 Bay Benjamin
Buyer's Agent
Wenli Yu
United Real Estate Fortune
List Price
$1,390,000
Sold Price
$1,310,000
Premium/Discount to List
-$80,000
-5.76%
Current Estimated Value
$1,621,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,293
Avg. Annual Appreciation
4.55%
Original Mortgage
$499,000
Outstanding Balance
$451,782
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,169,511

Purchase Details

Closed on
Jan 16, 2007
Sold by
Scillitani Josephine and Scillitani Michael
Bought by
Scillitani David
Source: Public Records
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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
He Jin Yu $1,310,000 --
Scillitani David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Jin Yu $499,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $1,310,000 -5.8% $531 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $1,390,000 -- $564 / Sq Ft
Source: OneKey® MLS

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 $15,919 $83,760 $15,166 $68,594
2024 $15,919 $79,260 $15,569 $63,691
2023 $15,722 $78,278 $15,001 $63,277
2022 $15,061 $82,860 $15,120 $67,740
2021 $15,581 $80,220 $15,120 $65,100
2020 $14,792 $87,420 $15,120 $72,300
2019 $13,935 $86,640 $15,120 $71,520
2018 $13,000 $65,232 $14,183 $51,049
2017 $12,516 $62,870 $12,076 $50,794
2016 $12,258 $62,870 $12,076 $50,794
2015 $6,934 $59,400 $15,992 $43,408
2014 $6,934 $56,678 $16,411 $40,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3288334

OneKey® MLS

APN: 05948-0097

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