NOT LISTED FOR SALE

Estimated Value: $1,186,272 - $1,486,000

5 Beds
5 Baths
-- Sq Ft
4,200 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $1,450,000

Est. 8% decrease in value since last sale

Current estimated payment $7,940/month

4 Days on Market

About This Home

As of February 2022

Location! Location! Location! Fabulous Detached 2 family home in prime Whitestone neighborhood. 1st apartment is a 4 bedroom triplex and the 2nd apartment is a 1 bedroom- can be changed to suit your preference. Great income potential. Must see to truly believe. Convenient to Shopping, transportation, Expressways, etc. Floor Plan available. Won't last!

Last Agent to Sell the Property

Maureen Ramsbottom

Maureen Folan R E Group LLC License #10491206775 Listed on: 10/14/2021

Last Buyer's Agent

Maureen Ramsbottom

Maureen Folan R E Group LLC License #10491206775 Listed on: 10/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,963

Year Built

  • Built in 1920

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 42'x100'
  • No Common Walls

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 79 Francis Lewis Elementary School
  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit
  • Finished Basement

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,963

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Average
  • Building Size: 22 X 32
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-767-8200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Finished
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Other, Stucco
  • Flood Zone Date: 2021-10-18
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Hot Water: See Remarks
  • Separate Hotwater Heater Detail: Y
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 79 Francis Lewis
  • Middle School: Jhs 185 Edward Bleeker
  • High School: Flushing High School
  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.1000
  • Lot Size Area: 0.1000
  • Lot Dimensions: 42'x100'
  • Lot Size Sq Ft: 4200.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-02-04
  • Tax Annual Amount: 9963.00

Multi Family

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

MLS Schools

  • Elementary School: Ps 79 Francis Lewis
  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Feb 4, 2022
Sold by
John Anthony Varriano As Trustee and The Anthony Varriano Trust
Bought by
Chen Dan
Seller's Agent
Maureen Ramsbottom
Maureen Folan R E Group LLC
Buyer's Agent
Maureen Ramsbottom
Maureen Folan R E Group LLC
List Price
$1,350,000
Sold Price
$1,450,000
Premium/Discount to List
$100,000
7.41%
Current Estimated Value
$1,338,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,932
Avg. Annual Appreciation
-1.15%
Original Mortgage
$870,000
Interest Rate
3.55%
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
Chen Dan $1,450,000 --
Chen Dan $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Dan $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $1,450,000 +7.4% --
10/18/2021 10/18/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,350,000 0.0% --
07/28/2013 07/28/13 Rented $1,400 -28.2% --
06/28/2013 06/28/13 Under Contract -- -- --
05/08/2013 05/08/13 For Rent $1,950 -- --
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 $10,155 $53,594 $10,874 $42,720
2024 $10,155 $50,561 $9,795 $40,766
2023 $10,155 $50,561 $9,216 $41,345
2022 $9,918 $70,140 $15,180 $54,960
2021 $4,322 $67,800 $15,180 $52,620
2020 $4,068 $71,820 $15,180 $56,640
2019 $3,748 $70,740 $15,180 $55,560
2018 $3,635 $42,134 $9,771 $32,363
2017 $3,574 $41,400 $11,025 $30,375
2016 $4,505 $41,400 $11,025 $30,375
2015 $2,598 $37,218 $12,555 $24,663
2014 $2,598 $35,112 $13,516 $21,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3352520

OneKey® MLS

APN: 04654-0025