NOT LISTED FOR SALE

Estimated Value: $1,224,000 - $1,510,000

5 Beds
4 Baths
2,227 Sq Ft
$614/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $1,200,000 $539 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,072/month

304 Days on Market

Highlights

  • Gated Community
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • P.S. 31 - Bayside Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2019

30 New Windows Has Been Replaced!!!Location!!!! 2 Families Home With Income, 5 Blocks Distance From Lirr. School District 26, You Will Never Miss Any Rental Income! House Has Been Converted To Gas Few Years Ago, 2 Separate Water Tank, Pvt Drive Way, 50X100, Corner Property. 1 Block To N.Blvd, 5 Blocks To Bell Blvd. Q13 To Flushing, Easy Access To Major Transportation, As Per Seller Architect Zoning Has Been Change To R3X Building Can Be Extended, Tenant Paying Their Own Utilities., Additional information: Appearance:Very Good,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Rosy Chalif

Charles Rutenberg Realty Inc Brokerage Phone: 917-202-2021 License #40CH1060931 Listed on: 06/30/2018

Charles Rutenberg Realty Inc

Last Buyer's Agent

Meihua Chen

E Realty International Corp License #10401296357

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,455

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot

Parking

  • Private Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gated Community

Listing and Financial Details

  • Exclusions: Dishwasher
  • Legal Lot and Block 8 / 6320
  • Assessor Parcel Number 06320-0008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,455

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Exclusions: Dishwasher
  • Year Built: 1920
  • Attribution Contact: 917-202-2021
  • CurrentPrice: 1200000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.91494
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining, Master Downstairs
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Private

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Gated
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5000
  • Lot Features: Corner Lot
  • Parcel Number: 06320-0008
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 8455
  • Tax Block: 6320
  • Tax Lot: 8

MLS Schools

  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Aug 21, 2019
Sold by
Palazzo Frank
Bought by
Chen Meiyu
Seller's Agent
Rosy Chalif
Charles Rutenberg Realty Inc
Buyer's Agent
Meihua Chen
E Realty International Corp
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Current Estimated Value
$1,366,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,407
Avg. Annual Appreciation
2.07%
Original Mortgage
$300,000
Outstanding Balance
$261,601
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,104,806

Purchase Details

Closed on
Jul 31, 2008
Sold by
Tak Chung Sik
Bought by
Palazzo Frank and Palazzo Mafalda

Purchase Details

Closed on
May 31, 2005
Sold by
Chang Choon Ok and Chang Suk Chang
Bought by
Tak Chung Sik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2001
Sold by
Herlinger Erwin
Bought by
Chang Suk Chang and Chang Choon Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Meiyu $1,200,000 --
Chen Meiyu $1,200,000 --
Palazzo Frank $800,000 --
Palazzo Frank $800,000 --
Tak Chung Sik $850,000 --
Tak Chung Sik $850,000 --
Chang Suk Chang -- --
Chang Suk Chang -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Meiyu $300,000
Closed Chen Meiyu $300,000
Previous Owner Tak Chung Sik $170,000
Previous Owner Tak Chung Sik $680,000
Previous Owner Chang Suk Chang $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $1,200,000 -- --
08/02/2019 08/02/19 Sold $1,200,000 -6.3% $539 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
11/26/2018 11/26/18 Price Changed $1,280,000 -1.5% $575 / Sq Ft
09/05/2018 09/05/18 Price Changed $1,299,000 -88.5% $583 / Sq Ft
09/05/2018 09/05/18 Price Changed $11,299,000 +731.4% $5,074 / Sq Ft
07/30/2018 07/30/18 Price Changed $1,359,000 -2.9% $610 / Sq Ft
06/30/2018 06/30/18 For Sale $1,399,000 -- $628 / 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 $10,875 $57,391 $10,010 $47,381
2024 $10,875 $54,144 $9,983 $44,161
2023 $10,595 $52,751 $9,734 $43,017
2022 $7,898 $82,860 $16,020 $66,840
2021 $10,668 $78,300 $16,020 $62,280
2020 $10,123 $76,860 $16,020 $60,840
2019 $9,439 $75,180 $16,020 $59,160
2016 $8,445 $42,244 $11,948 $30,296
2015 $5,002 $39,855 $13,466 $26,389
2014 $5,002 $37,600 $14,617 $22,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3044500

OneKey® MLS

APN: 06320-0008