NOT LISTED FOR SALE

178-37 131st Ave Jamaica, NY 11434

Saint Albans Neighborhood

Estimated Value: $869,000 - $1,079,000

5 Beds
2.5 Baths
2,304 Sq Ft
$418/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $810,000 $352 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,821/month

25 Days on Market

About This Home

As of May 2023

Want to live close to the city, have an income producing property and you have a vision & desire to HGTV renovate your dream home...Look no further!! Rare opportunity to own this *MULTI ~ FAMILY* Diamond in the Rough! The front main house features: A sun drenched living room & dining room w/gleaming hardwood floors. Cozy kitchen that allows for options of an open concept, a 1/2 bath & a OSE to the side of house. The upper level has two bedrooms w/hardwood floors & a full bath. The Basement has a large open concept & a sizable room with 2 large closets. The rear of the house features: A 2-bedroom accessory apartment with a dining area, galley kitchen, living room and 2 bedrooms, full bath & a large walk-in closet. Additional features: Private driveway, gas cooking & heat, 3 meters, 2 water heaters, sizeable backyard, close to EVERYTHING!, Additional information: Appearance:Fair,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Mankwasi Hilson

Realty Connect USA L I Inc License #10401254654 Listed on: 02/05/2023

Realty Connect USA L I Inc

Last Buyer's Agent

Safayeat Khan

Winzone Realty Inc License #10401326010

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 1945

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

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

Parking

  • Private Parking
  • Driveway
  • On-Street Parking

Schools

  • Cynthia Jenkins Elementary School
  • Collaborative Arts Middle School
  • George Washington Carver High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 36 / 12542
  • Assessor Parcel Number 12542-0036

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,706

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Driveway, On Street, Private

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Collaborative Arts Middle School

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Parcel Number: 12542-0036
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6706
  • Tax Block: 12542
  • Tax Lot: 36

MLS Schools

  • Elementary School: Cynthia Jenkins School
  • High School: George Washington Carver Hs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
May 26, 2023
Sold by
Banks Georgette and Banks Muir
Bought by
Chowdhury Mohammad and Redita Sadika
Seller's Agent
Mankwasi Hilson
Realty Connect USA L I Inc
Buyer's Agent
Safayeat Khan
Winzone Realty Inc
List Price
$849,999
Sold Price
$810,000
Premium/Discount to List
-$39,999
-4.71%
Views
180
Current Estimated Value
$963,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,751
Avg. Annual Appreciation
8.07%
Original Mortgage
$688,500
Outstanding Balance
$670,690
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,061
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
Chowdhury Mohammad $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chowdhury Mohammad $688,500
Previous Owner Muir Clarence George $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $810,000 -4.7% $352 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/05/2023 02/05/23 For Sale $849,999 -- $369 / 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 $6,837 $36,080 $11,117 $24,963
2024 $6,837 $34,038 $11,660 $22,378
2023 $6,837 $34,038 $9,849 $24,189
2022 $6,744 $49,320 $17,100 $32,220
2021 $6,707 $40,860 $17,100 $23,760
2020 $6,364 $44,880 $17,100 $27,780
2019 $5,934 $44,100 $17,100 $27,000
2018 $5,782 $28,365 $12,533 $15,832
2017 $5,738 $28,150 $12,010 $16,140
2016 $5,309 $28,150 $12,010 $16,140
2015 $3,203 $25,056 $14,958 $10,098
2014 $3,203 $23,638 $15,709 $7,929
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mankwasi Hilson

    Realty Connect USA L I Inc

    Section Image

  • S

    Buyer's Agent in 2023

    Safayeat Khan

    Winzone Realty Inc

    (718) 899-7000

    3 in this area

    33 Total Sales

    Safayeat Khan
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3456905

OneKey® MLS

APN: 12542-0036

New York Queens County Jamaica 11434 Saint Albans

178-37 131st Ave, Jamaica, NY

This home is located at 178-37 131st Ave, Jamaica, NY 11434 since 05 February 2023 and is currently estimated at $963,751, approximately $418 per square foot. This property was built in 1945. 178-37 131st Ave is a home located in Queens County with nearby schools including Cynthia Jenkins School, Collaborative Arts Middle School, and Success Academy Springfield Gardens.

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