Seller's Agent in 2024
Barbie Li
B Square Realty
(347) 628-8818
14 in this area
404 Total Sales
2563 125th St Flushing, NY 11354
College Point NeighborhoodEstimated Value: $1,243,000 - $2,518,000
9
Beds
7
Baths
--
Sq Ft
5,680
Sq Ft Lot
Highlights
- New Construction
- 0.13 Acre Lot
- Cathedral Ceiling
- Jhs 185 Edward Bleeker Rated A-
- Property is near public transit
- Wood Flooring
About This Home
As of February 2024BRAND NEW 2-FAM WITH HUGE INCOME POTENTIAL! This spacious, newly constructed two-family home is located in the desirable Flushing neighborhood. This 7000+SF property is built with the finest quality materials and features 10 beds, 7 baths, a finished walk-up attic, and a walk-in finished basement with a high ceiling, windows, and two separate entrances. Each unit consists of 5 generously sized bedrooms, 3 full baths, an open-layout living room, ample windows, and a kitchen. Additionally, one detached garage with a long paved driveway that fits four cars, and also a spacious backyard. 5 minute's drive to Target and BJ in college point mall. Near Q65 and Q25 bus lines providing seamless transport to Flushing Main St. An excellent Property with an enormous possibility to generate high Income!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,433
Year Built
- Built in 2022 | New Construction
Lot Details
- 5,680 Sq Ft Lot
- No Common Walls
Parking
- 1 Car Garage
- Private Parking
- Driveway
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Cathedral Ceiling
- Combination Dining and Living Room
- Wood Flooring
- Finished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Full Bathrooms
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
Schools
- Ps 29 Elementary School
- JHS 185 Edward Bleeker Middle School
- Flushing High School
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 44 / 4266
- Assessor Parcel Number 04266-0044
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2023
Closed on
Feb 2, 2024
Sold by
Queensland Group Llc
Bought by
Bao-Chiu Peipei and Chiu Marco Lei
Seller's Agent
Barbie Li
B Square Realty
Buyer's Agent
Si Zhang
List Price
$2,580,000
Sold Price
$2,200,000
Premium/Discount to List
-$380,000
-14.73%
Views
126
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,867
Avg. Annual Appreciation
-5.41%
Original Mortgage
$1,350,000
Outstanding Balance
$1,328,772
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$688,361
Purchase Details
Closed on
Aug 29, 2018
Sold by
Mei Zhiling and Young Wai Ming
Bought by
Queensland 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
$450,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2015
Sold by
Wang Jia Realty Inc
Bought by
Mei Zhiling and Young Wai Ming
Purchase Details
Closed on
Mar 6, 2014
Sold by
John L Karnbach As Executor and John L Karnbach Michael S
Bought by
Wang Jia Realty Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bao-Chiu Peipei | $2,230,000 | -- | |
| Bao-Chiu Peipei | $2,230,000 | -- | |
| Queensland Group Llc | $868,000 | -- | |
| Queensland Group Llc | $868,000 | -- | |
| Mei Zhiling | $620,000 | -- | |
| Mei Zhiling | $620,000 | -- | |
| Wang Jia Realty Inc | $575,000 | -- | |
| Wang Jia Realty Inc | $575,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bao-Chiu Peipei | $1,350,000 | |
| Closed | Bao-Chiu Peipei | $1,350,000 | |
| Previous Owner | Queensland Group Llc | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2024 02/05/24 | Sold | $2,200,000 | -14.7% | -- |
| 05/11/2023 05/11/23 | Pending | -- | -- | -- |
| 02/03/2023 02/03/23 | For Sale | $2,580,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $18,571 | $86,820 | $39,555 | $47,265 |
| 2024 | $18,571 | $92,460 | $35,841 | $56,619 |
| 2023 | $15,999 | $79,654 | $34,381 | $45,273 |
| 2022 | $13,205 | $71,640 | $35,040 | $36,600 |
| 2021 | $5,866 | $35,040 | $35,040 | $0 |
| 2020 | $4,576 | $30,000 | $10,080 | $19,920 |
| 2019 | $4,252 | $30,900 | $10,080 | $20,820 |
| 2018 | $3,944 | $19,347 | $5,453 | $13,894 |
| 2017 | $3,724 | $18,270 | $5,540 | $12,730 |
| 2016 | $3,652 | $18,270 | $5,540 | $12,730 |
| 2015 | $1,859 | $18,014 | $7,119 | $10,895 |
| 2014 | $1,859 | $17,017 | $8,063 | $8,954 |
Source: Public Records
Agents Affiliated with this Home
-
Barbie Li
-
Si Zhang
Buyer's Agent in 2024
Si Zhang
(917) 688-9917
3 in this area
49 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3456456
APN: 04266-0044
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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