NOT LISTED FOR SALE

Estimated Value: $1,406,000 - $1,672,000

8 Beds
5 Baths
-- Sq Ft
4,967 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $1,438,000

Est. 8% increase in value since last sale

Current estimated payment $9,494/month

163 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • 5-minute walk to Bay Terrace Playground
  • Bell Academy Rated A
  • Hot Water Heating System

About This Home

As of March 2022

Bayside three level semi attached 2-family brick townhouse on 4,967 SF corner lot. Ground floor:2-bed+1-bath, 2nd floor: 3-beds+2-baths+balcony, 3rd floor: 3-beds+2-baths+balcony. Common laundry room shared by tenants. Easy parking with attached garage plus additional space for up to 5 cars on driveway/side lot. Located near Bay Terrace for supermarkets, restaurants, pharmacies, banks, shops and more. Minutes from Little Bay Park, Fort Totten Park and numerous golf courses. Q-13 bus stops on Bell Blvd. Cross Island Parkway Exits 32/33. Clearview Expressway (I-295) Exits 6A/7.

Last Agent to Sell the Property

Kenny Theam Tan

Skylux Realty Inc License #10311210013 Listed on: 04/07/2021

Skylux Realty Inc

Co-Listed By

Yanan Eill

E Realty International Corp License #10401332485

Last Buyer's Agent

Kenny Theam Tan

Skylux Realty Inc License #10311210013 Listed on: 04/07/2021

Skylux Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,691

Year Built

  • Built in 1975

Lot Details

  • 4,967 Sq Ft Lot
  • Lot Dimensions are 51.25x96.92
  • 1 Common Wall

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 169 Bay Terrace Elementary School
  • Is 25 Adrien Block Middle School
  • Bayside High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 2 / 5865

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,691

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1975
  • New Construction: No
  • Co List Office Mls Id: ONECHGL01
  • Co List Office Phone: 718-355-8788
  • BuildingSize: 21x52
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 8
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 25 Adrien Block

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 51.25x96.92
  • Lot Size Sq Ft: 4967
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2021-04-09

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 13691
  • Tax Block: 5865
  • Tax Lot: 2

MLS Schools

  • Elementary School: Ps 169 Bay Terrace
  • High School: Bayside High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Mar 24, 2022
Sold by
Lin Huanchun and Wang Lingxian
Bought by
Cheng Xin
Seller's Agent
Kenny Theam Tan
Skylux Realty Inc
Buyer's Agent
Kenny Theam Tan
Skylux Realty Inc
List Price
$1,580,000
Sold Price
$1,438,000
Premium/Discount to List
-$142,000
-8.99%
Current Estimated Value
$1,558,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,305
Avg. Annual Appreciation
2.30%
Original Mortgage
$790,000
Outstanding Balance
$742,150
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$816,155

Purchase Details

Closed on
Aug 17, 2016
Sold by
Raicovi Frank
Bought by
Lin Huanchun and Wang Lingxian

Purchase Details

Closed on
Apr 13, 2015
Sold by
Giacomina Raicovi Irrevocable Trust
Bought by
Raicovi Frank

Purchase Details

Closed on
Nov 28, 2006
Sold by
Raicovi Giacomina
Bought by
Raicovi Trustee Frank and The Giacomina Raicovi Irrevocable Trust
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
Cheng Xin $1,438,000 --
Lin Huanchun $1,130,000 --
Raicovi Frank -- --
Raicovi Trustee Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Xin $790,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $1,438,000 -9.0% --
09/17/2021 09/17/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,580,000 -- --
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 $14,793 $62,066 $15,858 $46,208
2024 $11,760 $73,652 $22,541 $51,111
2023 $14,793 $73,652 $21,198 $52,454
2022 $14,230 $94,140 $25,800 $68,340
2021 $14,153 $83,400 $25,800 $57,600
2020 $13,771 $91,680 $25,800 $65,880
2019 $12,839 $87,360 $25,800 $61,560
2018 $12,512 $61,377 $15,506 $45,871
2017 $12,109 $59,402 $16,916 $42,486
2016 $11,203 $59,402 $16,916 $42,486
2015 $6,759 $54,216 $17,056 $37,160
2014 $6,759 $51,148 $18,130 $33,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3301092

OneKey® MLS

APN: 05865-0002