NOT LISTED FOR SALE

Estimated Value: $1,634,000 - $1,870,000

6 Beds
5 Baths
3,388 Sq Ft
$504/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $1,218,000 $360 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $10,275/month

73 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • P.S. 79 - Francis Lewis Rated A
  • Main Floor Primary Bedroom
  • 2-minute walk to George Harvey Park

About This Home

As of September 2016

Spacious 2 Family Home On 31' X 166' Lot. Over 3300 Interior Square Feet Of Living Space. Each Floor Features 3 Bedrooms & 1.5 Baths, Kitchen, Formal Dining Room & Living Room. Excellent Income Producing Potential! Hardwood Flooring, Fin. Basement, Full Bath & Private Rear Entrance. Att Garage, Deep Private Driveway, Large Backyard With Slate Tiled Patio W/ Brick Barbeque., Additional information: Appearance:Good,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Donna Reardon

Douglas Elliman Real Estate Brokerage Phone: 718-631-8900 License #30RE0621029 Listed on: 04/15/2016

Douglas Elliman Real Estate

Last Buyer's Agent

Donna Reardon

Douglas Elliman Real Estate Brokerage Phone: 718-631-8900 License #30RE0621029 Listed on: 04/15/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,460

Year Built

  • Built in 1970

Lot Details

  • 5,146 Sq Ft Lot
  • Lot Dimensions are 31x166
  • 1 Common Wall

Parking

  • Attached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 63 / 4191
  • Assessor Parcel Number 04191-0063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,460

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1970
  • Attribution Contact: 718-631-8900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 31X166
  • Lot Size Sq Ft: 5146
  • Parcel Number: 04191-0063
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R3-2

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 10460
  • Tax Block: 4191
  • Tax Lot: 63

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Sep 7, 2016
Sold by
Ricotta Family Llc
Bought by
Chen Xiu and Hu Zhong
Seller's Agent
Donna Reardon
Douglas Elliman Real Estate
Buyer's Agent
Donna Reardon
Douglas Elliman Real Estate
List Price
$1,288,000
Sold Price
$1,218,000
Premium/Discount to List
-$70,000
-5.43%
Current Estimated Value
$1,708,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,433
Avg. Annual Appreciation
3.80%
Original Mortgage
$609,000
Outstanding Balance
$486,446
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,221,987

Purchase Details

Closed on
Nov 9, 2010
Sold by
Ricotta Francesco and Ricotta Giancarlo B
Bought by
Ricotta Family Llc

Purchase Details

Closed on
Dec 27, 2006
Sold by
Ricotta Francesco and Ricotta Giuseppina
Bought by
Ricotta Francesco and Ricotta Giuseppina

Purchase Details

Closed on
Jun 12, 2003
Sold by
Hoesch Christine and Pioreck Raymond J
Bought by
Ricotta Anthony and Ricotta Francesco

Purchase Details

Closed on
Nov 30, 2000
Sold by
Hoesch Ludwig and Hoesch Clara
Bought by
Pioreck Raymond J and Hoesch Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.7%
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 Xiu $1,218,000 --
Chen Xiu $1,218,000 --
Ricotta Family Llc -- --
Ricotta Francesco -- --
Ricotta Family Llc -- --
Ricotta Francesco -- --
Ricotta Francesco -- --
Ricotta Francesco -- --
Ricotta Anthony $735,000 --
Ricotta Anthony $735,000 --
Pioreck Raymond J $380,000 First American Title Ins Co
Pioreck Raymond J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiu $609,000
Closed Chen Xiu $609,000
Previous Owner Pioreck Raymond J $352,000
Closed Ricotta Anthony $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $1,218,000 -- --
09/07/2016 09/07/16 Sold $1,218,000 -5.4% $360 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $1,288,000 -- $380 / 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 $14,600 $77,048 $13,344 $63,704
2024 $14,600 $72,689 $13,110 $59,579
2023 $13,773 $68,576 $11,201 $57,375
2022 $12,915 $82,620 $16,200 $66,420
2021 $13,615 $75,000 $16,200 $58,800
2020 $13,591 $82,440 $16,200 $66,240
2019 $12,672 $82,560 $16,200 $66,360
2018 $11,649 $57,147 $12,255 $44,892
2017 $10,990 $53,913 $14,398 $39,515
2016 $10,778 $53,913 $14,398 $39,515
2015 $6,134 $53,506 $14,918 $38,588
2014 $6,134 $50,479 $16,770 $33,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L2844776

OneKey® MLS

APN: 04191-0063