NOT LISTED FOR SALE

Estimated Value: $774,000 - $1,010,000

7 Beds
4.5 Baths
-- Sq Ft
3,125 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $890,000

Est. 2% decrease in value since last sale

Current estimated payment $5,381/month

85 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Combination Dining and Living Room

About This Home

As of October 2021

This home is located at 216-15 118th Ave, Jamaica, NY 11411 since 12 May 2021 and is currently estimated at $868,667. This property was built in 1960. 216-15 118th Ave is a home located in Queens County with nearby schools including P.S./M.S. 147 Ronald Mcnair, I.S. 192 The Linden, and Cambria Center For The Gifted Child.

Last Agent to Sell the Property

Olawale Omotosho

Skylight Real Estate Consultan Brokerage Phone: 718-525-4082 License #31OM0925516 Listed on: 05/12/2021

Last Buyer's Agent

Kamrul Zaman

Winzone Realty Inc License #40ZA1048427

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,335

Year Built

  • Built in 1960

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions are 25x125
  • 1 Common Wall

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 141 / 12735
  • Assessor Parcel Number 12735-0141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,335

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 718-525-4082
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Refrigerator,Second Stove
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 25x125
  • Lot Size Sq Ft: 3125
  • Lot Size Units: Acres
  • Parcel Number: 12735-0141
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2021-05-14

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 7335
  • Tax Block: 12735
  • Tax Lot: 141
  • Tax Map Number: 12735-0141

MLS Schools

  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Oct 25, 2021
Sold by
Omotosho Omolara A
Bought by
Hossain Riyadh and Mukta Khadiza A
Seller's Agent
Olawale Omotosho
Skylight Real Estate Consultan
Buyer's Agent
Kamrul Zaman
Winzone Realty Inc
List Price
$939,000
Sold Price
$890,000
Premium/Discount to List
-$49,000
-5.22%
Current Estimated Value
$868,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,333
Avg. Annual Appreciation
-0.63%
Original Mortgage
$702,000
Outstanding Balance
$645,135
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,532

Purchase Details

Closed on
May 21, 2007
Sold by
Murray Dorothy
Bought by
Omotosho Omolara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1988
Sold by
Murray Dorothy L and Murray Irene
Bought by
Murray Dorothy L and Murray William E
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
Hossain Riyadh $890,000 --
Hossain Riyadh $890,000 --
Omotosho Omolara $410,000 --
Omotosho Omolara $410,000 --
Murray Dorothy L -- --
Murray Dorothy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Riyadh $702,000
Closed Hossain Riyadh $702,000
Previous Owner Omotosho Omolara $390,000
Previous Owner Omotosho Omolara $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $890,000 -1.0% --
08/05/2021 08/05/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $899,000 -4.3% --
05/12/2021 05/12/21 For Sale $939,000 -- --
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 $7,879 $41,581 $11,220 $30,361
2024 $7,879 $39,228 $10,538 $28,690
2023 $7,433 $37,008 $10,937 $26,071
2022 $7,253 $50,220 $14,700 $35,520
2021 $7,129 $45,480 $14,700 $30,780
2020 $7,335 $40,500 $14,700 $25,800
2019 $6,838 $34,680 $14,700 $19,980
2018 $6,287 $30,840 $14,700 $16,140
2017 $6,067 $29,760 $14,700 $15,060
2016 $5,865 $29,760 $14,700 $15,060
2015 $4,050 $30,019 $15,763 $14,256
2014 $4,050 $28,320 $16,320 $12,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3311819

OneKey® MLS

APN: 12735-0141