NOT LISTED FOR SALE

Estimated Value: $1,404,981 - $1,770,000

6 Beds
4 Baths
-- Sq Ft
4,000 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $1,580,000

Est. 2% decrease in value since last sale

Current estimated payment $8,911/month

165 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Balcony
  • P.S. 162 The John Golden School Rated A-
  • Marble Countertops
  • 1 Car Detached Garage

About This Home

As of October 2022

Beautiful 2 family totally renovated home in 2018 situated in a quiet block with southern exposure. Each unit has radiate heated floor with multiple split Heat/AC units. Washer and dryer in each unit. The bathroom have Sonos speaker for enjoyment. This house is conveniently located near major bus stops which include Q12, Q13, Q27 and Q76.

Last Agent to Sell the Property

Wai Bong

Winzone Realty Inc License #10401338495 Listed on: 03/14/2022

Winzone Realty Inc

Last Buyer's Agent

Jane Gao

Douglas Elliman Real Estate License #10301212998

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 1940 | Remodeled in 2018

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • South Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Bell Academy Middle School
  • Francis Lewis High School

Utilities

  • Cooling Available
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 05538-0059

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,500

Year Built

Built in 1940 | Remodeled in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1940
  • New Construction: No
  • Year Built Effective: 2018
  • Attribution Contact: 718-899-7000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator
  • Interior Amenities: Marble Countertops
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Inclusions: A/C Units, Alarm System, Curtains/Drapes, Dishwasher, Dryer, Flat Screen TV Bracket, Intercom, Light Fixtures, Mailbox, Microwave, Pellet Stove, Refrigerator
  • Total Bedrooms: 6
  • Kitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Other
  • Flood Zone Date: 2022-03-16
  • Flood Zone Report: Yes
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Other, See Remarks
  • Hot Water: Gas Stand Alone
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bell Academy
  • High School: Francis Lewis High School
  • Middle School: Bell Academy

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05538-0059
  • Zoning Description: R3
  • Property Attached: No

Rental Info

  • Lease Considered: Yes
  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2022-10-14
  • Tax Annual Amount: 10500.00
  • Tax Map Number: 05538-0059

Multi Family

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

MLS Schools

  • High School: Francis Lewis High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Oct 14, 2022
Sold by
Loon Bong Wai and Loon Joey Pang
Bought by
Kim Bok Soon
Seller's Agent
Wai Bong
Winzone Realty Inc
Buyer's Agent
Jane Gao
Douglas Elliman Real Estate
List Price
$1,700,000
Sold Price
$1,580,000
Premium/Discount to List
-$120,000
-7.06%
Views
2
Current Estimated Value
$1,550,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,755
Avg. Annual Appreciation
-0.66%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Varrone Christopher and Varrone Kevin
Bought by
Bong Wai Loon and Pang Joey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,048,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2008
Sold by
Hughes Doris and Varrone Margaret
Bought by
Varrone Christopher and Varrone Kevin
Source: Public Records

Range of Values:

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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
Kim Bok Soon $1,580,000 --
Bong Wai Loon $1,310,000 --
Varrone Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bong Wai Loon $1,048,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,580,000 -2.8% --
08/26/2022 08/26/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $1,625,000 -1.5% --
05/11/2022 05/11/22 Price Changed $1,650,000 -2.9% --
03/14/2022 03/14/22 For Sale $1,700,000 -- --
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 $5,570 $57,756 $14,114 $43,642
2024 $5,570 $55,464 $14,714 $40,750
2023 $10,627 $52,326 $13,263 $39,063
2022 $9,855 $75,780 $20,820 $54,960
2021 $10,134 $71,580 $20,820 $50,760
2020 $10,188 $70,260 $20,820 $49,440
2019 $9,669 $68,700 $20,820 $47,880
2017 $8,386 $41,138 $15,584 $25,554
2016 $8,022 $41,138 $15,584 $25,554
2015 -- $40,108 $17,836 $22,272
2014 -- $38,517 $17,742 $20,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3383051

OneKey® MLS

APN: 05538-0059