NOT LISTED FOR SALE

268 Burns St Forest Hills, NY 11375

Forest Hills Neighborhood

Estimated Value: $1,600,403 - $1,848,000

5 Beds
3 Baths
2,280 Sq Ft
$747/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $1,438,000 $631 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,017/month

268 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Patio
  • Ps 101 School In The Gardens Rated A
  • Attached Garage
  • Heating System Uses Steam

About This Home

As of March 2020

Magnificent Semi-Detached 2-Family Brick House with 5 Bedrooms, 3 Full Baths, Finished Basement, Patio, Beautiful Side Garden, 1 Car Garage, and Laundry Room. Steps from Austin Street and Transportation. Currently producing a high income, this investment property can be delivered fully occupied or potentially vacant, as it also works as a great primary residence., Additional information: Appearance:MINT,Business Located At:,Rental Income:

Last Agent to Sell the Property

Anna Pinto

APRE Inc Brokerage Phone: 917-515-4704 License #10311201568 Listed on: 06/12/2019

Last Buyer's Agent

Anna Pinto

APRE Inc Brokerage Phone: 917-515-4704 License #10311201568 Listed on: 06/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,494

Year Built

  • Built in 1935

Lot Details

  • 3,120 Sq Ft Lot
  • 1 Common Wall

Parking

  • Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,494

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1935
  • Attribution Contact: 917-515-4704
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • 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: Attached, Private

Utilities

  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 3120
  • Lot Size Sq Ft: 3120
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 11494.18

MLS Schools

  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Mar 6, 2020
Sold by
Andrew M Vazquez Trustee
Bought by
A & A Wealth Management Llc
Seller's Agent
Anna Pinto
APRE Inc
Buyer's Agent
Anna Pinto
APRE Inc
List Price
$1,899,000
Sold Price
$1,438,000
Premium/Discount to List
-$461,000
-24.28%
Current Estimated Value
$1,703,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,601
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,150,400
Outstanding Balance
$1,020,767
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$682,834

Purchase Details

Closed on
Oct 22, 2015
Sold by
Vazquez Ruth
Bought by
Andrew M Vazquez Trustee and The Ruth Vazquez Revocable Trust

Purchase Details

Closed on
Aug 2, 2001
Sold by
Schoenlank Margarete
Bought by
Vazquez Ruth
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
A & A Wealth Management Llc $1,438,000 --
Andrew M Vazquez Trustee -- --
Vazquez Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & A Wealth Management Llc $1,150,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $1,438,000 -15.4% $631 / Sq Ft
08/01/2019 08/01/19 Price Changed $1,700,000 -10.5% $746 / Sq Ft
06/12/2019 06/12/19 For Sale $1,899,000 -- $833 / 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 $13,194 $67,074 $12,019 $55,055
2024 $13,194 $65,690 $13,354 $52,336
2023 $12,522 $62,346 $11,478 $50,868
2022 $11,759 $104,100 $19,320 $84,780
2021 $11,763 $111,360 $19,320 $92,040
2020 $11,831 $113,820 $19,320 $94,500
2019 $11,159 $107,340 $19,320 $88,020
2016 $9,002 $46,579 $11,791 $34,788
2015 $5,146 $46,579 $12,681 $33,898
2014 $5,146 $45,619 $13,911 $31,708
Source: Public Records

Agents Affiliated with this Home

  • Anna Pinto

    Seller's Agent in 2020

    Anna Pinto

    APRE Inc

    (917) 515-4704

    13 in this area

    21 Total Sales

    Anna Pinto
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Map

Source: OneKey® MLS

MLS Number: L3137680

OneKey® MLS

APN: 03334-0142

New York Queens County Forest Hills 11375 Forest Hills

268 Burns St, Forest Hills, NY

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