NOT LISTED FOR SALE

Estimated Value: $955,000 - $1,102,000

8 Beds
4 Baths
3,100 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 07, 2014

Last sale price $520,000 $168 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,928/month

16 Days on Market

Highlights

  • Water Access
  • 4-minute walk to Castle Hill Avenue
  • 5-minute walk to Castle Hill Playground
  • Baseboard Heating

About This Home

As of July 2014

Own this totally renovated 2 fan with as little as $20,000 down. each apt has 4 br 2 baths plus a finished walk out basement. great Castle hill area

Last Agent to Sell the Property

Jay Gottlieb

Jay Gottlieb Brokerage Phone: 718-205-0200 License #10351213935 Listed on: 04/29/2014

Last Buyer's Agent

Jay Gottlieb

Jay Gottlieb Brokerage Phone: 718-205-0200 License #10351213935 Listed on: 04/29/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1920 | Remodeled in 2014

Lot Details

  • 2,570

Parking

  • On-Street Parking

Home Design

  • 3,100 Sq Ft Home
  • Bi-Level Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Water Access
  • No Common Walls

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,781

Year Built

Built in 1920 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Bi-Level
  • Property SubType: Multi Family
  • Year Built: 1920
  • Year Built Effective: 2014
  • Attribution Contact: 718-205-0200
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 3100
  • SquareFootage: 3100.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront Features: Water Access

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf4Bedrooms: 2

Tax Info

  • Tax Annual Amount: 2781

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jul 1, 2014
Sold by
Bx Group Llc
Bought by
Mondal Lata R and Mondal Samir C
Seller's Agent
Jay Gottlieb
Jay Gottlieb
Buyer's Agent
Jay Gottlieb
Jay Gottlieb
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Current Estimated Value
$1,028,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,072
Avg. Annual Appreciation
6.21%
Original Mortgage
$502,645
Outstanding Balance
$381,858
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$646,214

Purchase Details

Closed on
Oct 3, 2013
Sold by
Rodriguez Michael
Bought by
Bx Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Nivar Luz
Bought by
Rodriguez Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,250
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Alamia Peter and Cheng Richard
Bought by
Nivar Luz

Purchase Details

Closed on
Aug 16, 2004
Sold by
Cheng Richard
Bought by
Alamia Peter and Alvarado Arthur

Purchase Details

Closed on
Jul 16, 1998
Sold by
Khan Mohmed M and Bagum Salina
Bought by
Mcfield William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.8%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Daniel Annamma
Bought by
Khan Mohmed M and Begum Salina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,950
Interest Rate
7.32%
Mortgage Type
FHA
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
Mondal Lata R $520,000 --
Bx Group Llc $172,000 --
Rodriguez Michael $575,000 --
Nivar Luz $460,000 --
Alamia Peter -- --
Mcfield William B $215,000 The Judicial Title Ins Agenc
Khan Mohmed M $183,000 Judicial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mondal Lata R $502,645
Previous Owner Bx Group Llc $272,000
Previous Owner Rodriguez Michael $546,250
Previous Owner Mcfield William B $214,000
Previous Owner Khan Mohmed M $177,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2014 07/07/14 Sold $520,000 -5.3% $168 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $549,000 -- $177 / 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 $6,564 $34,336 $5,817 $28,519
2024 $6,564 $32,683 $6,597 $26,086
2023 $6,638 $32,683 $6,697 $25,986
2022 $6,418 $49,320 $10,500 $38,820
2021 $6,383 $43,320 $10,500 $32,820
2020 $6,057 $41,400 $10,500 $30,900
2019 $5,698 $37,800 $10,500 $27,300
2018 $5,552 $27,236 $7,310 $19,926
2017 $5,504 $26,999 $8,063 $18,936
2016 $5,135 $25,686 $8,644 $17,042
2015 $2,663 $20,851 $7,731 $13,120
2014 $2,663 $19,704 $7,154 $12,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4410562

OneKey® MLS

APN: 03812-0022