NOT LISTED FOR SALE

Estimated Value: $646,000 - $886,000

4 Beds
2 Baths
-- Sq Ft
2,415 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $410,000

Est. 93% increase in value since last sale

Current estimated payment $4,664/month

About This Home

As of August 2020

Bank Owned Sale - PERFECT INVESTMENT OPPORTUNITY or BUILD YOUR CUSTOM HOME. Property is being Sold 100% AS-IS with Violations (if applicable) and needs to be Completely Renovated. Property has fire damage. This Semi-Detached Two Family Home is located in Jamaica, Queens. The First Floor features a Living Room, Kitchen, 2 Bedrooms and a Full Bathroom. The second floor features a Living Room, Kitchen, 2 Bedrooms and a Full Bathroom. The Basement is Full, Semi-finished and with a Separate Entrance from the Backyard. Property has a spacious Front, Side and Backyard. Within close proximity to the Merrick Blvd., Schools and lots of Shopping and Dining Options! Motivated Seller, Present All Offers!

Last Agent to Sell the Property

Ruslan Mingazov

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10301210403 Listed on: 06/23/2020

RE/MAX Edge

Co-Listed By

Ruslan Mingazov

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10301211175

Last Buyer's Agent

Ruslan Mingazov

RE/MAX Edge Brokerage Phone: 718-288-3835 License #10301211175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,205

Year Built

  • Built in 1960

Lot Details

  • 2,415 Sq Ft Lot
  • Lot Dimensions are 22x105
  • 1 Common Wall

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 2 Parking Spaces
  • Shared Driveway

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 9 / 12719
  • Assessor Parcel Number 12719-0009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,205

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1960
  • Attribution Contact: 718-288-3835
  • Co List Office Mls Id: KEYRMXE01
  • Co List Office Phone: 718-288-3835
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Driveway, Other, Shared Driveway

Utilities

  • Heating: Natural Gas, Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 22x105
  • Lot Size Sq Ft: 2415
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 12719-0009
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R2

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5205
  • Tax Block: 12719
  • Tax Lot: 9

MLS Schools

  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
443 Thierot Ave Llc
Bought by
Taylor-West Camella L
Current Estimated Value
$791,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,528
Outstanding Balance
$707,948
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,629

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 21, 2020
Sold by
21St Mortgage Corporation
Bought by
443 Thieriot Ave Llc
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Buyer's Agent
Ruslan Mingazov
RE/MAX Edge
List Price
$369,900
Sold Price
$410,000
Premium/Discount to List
$40,100
10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$520,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2019
Sold by
Henle Esq Heidi
Bought by
21St Mortgage Corporation

Purchase Details

Closed on
Jun 15, 2007
Sold by
Ogundipe Theresa
Bought by
Bent Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,310
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Russell Donald and Russell Michael
Bought by
Ogundipe Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
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
Taylor-West Camella L $799,000 --
443 Thieriot Ave Llc $410,000 --
21St Mortgage Corporation $695,248 --
Bent Andre $545,900 --
Bent Andre $545,900 --
Ogundipe Theresa $400,000 --
Ogundipe Theresa $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor-West Camella L $784,528
Previous Owner 443 Thieriot Ave Llc $520,000
Previous Owner Bent Andre $491,310
Previous Owner Ogundipe Theresa $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $410,000 +10.8% --
06/23/2020 06/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $369,900 -- --
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 $5,997 $31,207 $8,508 $22,699
2024 $5,997 $29,860 $8,974 $20,886
2023 $5,869 $29,219 $9,653 $19,566
2022 $5,503 $38,700 $13,380 $25,320
2021 $5,473 $35,520 $13,380 $22,140
2020 $5,505 $34,440 $13,380 $21,060
2019 $5,205 $37,140 $13,380 $23,760
2018 $4,964 $24,349 $11,219 $13,130
2017 $4,683 $22,971 $10,562 $12,409
2016 $4,332 $22,971 $10,562 $12,409
2015 $2,614 $21,672 $13,572 $8,100
2014 $2,614 $20,736 $12,543 $8,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3225281

OneKey® MLS

APN: 12719-0009