NOT LISTED FOR SALE

Estimated Value: $1,198,000 - $1,459,000

5 Beds
3 Baths
2,880 Sq Ft
$447/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $990,000 $344 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,317/month

Highlights

  • Attached Garage
  • Baseboard Heating
  • Fenced
  • Jhs 185 Edward Bleeker Rated A

About This Home

As of February 2021

Prime location in College Point, walk to buses and school and park, detached two family w/full finished basement, garage and common driveway and yard

Last Agent to Sell the Property

Michael Deng

Eagle Realty Group New York Brokerage Phone: 718-663-4366 License #10311202575 Listed on: 08/17/2020

Last Buyer's Agent

Michael Deng

Eagle Realty Group New York Brokerage Phone: 718-663-4366 License #10311202575 Listed on: 08/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1925

Lot Details

  • 2,595 Sq Ft Lot
  • Lot Dimensions are 27.42 x 94.6
  • Fenced

Home Design

  • Duplex
  • Bi-Level Home
  • Shingle Siding
  • Stone Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Shared Driveway
  • Parking Lot

Schools

  • Ps 29 Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,400

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level
  • Year Built: 1925
  • Attribution Contact: 718-663-4366
  • CurrentPrice: 990000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Shingle Siding, Stone
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Driveway, Parking Lot, Shared Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 27.42 x 94.6
  • Lot Size Sq Ft: 2595
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R4A

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 5400

MLS Schools

  • Elementary School: Ps 29
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Feb 19, 2021
Sold by
Vargas Ademir and Vargas Mario S
Bought by
Chen Mei Qiong
Seller's Agent
Michael Deng
Eagle Realty Group New York
Buyer's Agent
Michael Deng
Eagle Realty Group New York
List Price
$1,099,000
Sold Price
$990,000
Premium/Discount to List
-$109,000
-9.92%
Current Estimated Value
$1,288,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,469
Avg. Annual Appreciation
5.48%
Original Mortgage
$400,000
Outstanding Balance
$356,119
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$932,350

Purchase Details

Closed on
Sep 5, 2008
Sold by
Vargas Maritza and Vargas Ademir
Bought by
Vargas Ademir and Vargas Mario S

Purchase Details

Closed on
Aug 3, 2005
Sold by
Guerrero Alejandrina O and Guerrero Alexander
Bought by
Vargas Ademir and Vargas Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
5.66%

Purchase Details

Closed on
Jul 24, 2001
Sold by
Guerrero Alexander and Guerrero Alejandrina
Bought by
Guerrero Alexander and Guerrero Alejandrina O
Source: Public Records
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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 Mei Qiong $990,000 --
Chen Mei Qiong $990,000 --
Vargas Ademir -- --
Vargas Ademir -- --
Vargas Ademir $670,000 --
Vargas Ademir $670,000 --
Guerrero Alexander -- --
Guerrero Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mei Qiong $400,000
Closed Chen Mei Qiong $400,000
Previous Owner Vargas Ademir $33,500
Previous Owner Vargas Ademir $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $990,000 -9.9% $344 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $1,099,000 -- $382 / 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 $7,513 $39,628 $4,649 $34,979
2024 $7,513 $37,404 $5,176 $32,228
2023 $7,168 $35,686 $4,204 $31,482
2022 $6,781 $71,940 $10,080 $61,860
2021 $7,148 $64,800 $10,080 $54,720
2020 $6,990 $70,080 $10,080 $60,000
2019 $6,520 $71,580 $10,080 $61,500
2018 $6,062 $29,738 $5,948 $23,790
2017 $5,770 $28,305 $5,835 $22,470
2016 $5,658 $28,305 $5,835 $22,470
2015 $3,221 $27,519 $9,092 $18,427
2014 $3,221 $25,975 $8,720 $17,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3243331

OneKey® MLS

APN: 04264-0056