NOT LISTED FOR SALE

Estimated Value: $993,743 - $1,004,000

6 Beds
3 Baths
2,300 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $815,000 $354 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,169/month

Highlights

  • L-Shaped Dining Room
  • 2 Car Detached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Den
  • Porch
  • Baseboard Heating

About This Home

As of December 2020

Welcome to 27 Farnum Blvd in Franklin Square. This Legal 2 Family home is exactly what you are looking for! Rent out both units, or live on one and rent the other. Have a rent roll pay part of your mortgage. Each level offers 3 bedrooms, a full bathroom, huge living room/dining room, plenty of storage and so much more. Basement has two washers and two dryers, storage room and living space. A long driveway leads you to a two car garage and plenty of parking. This beautiful home is at the end of the cul de sac. Don't miss out on this amazing home!

Last Agent to Sell the Property

Robert Schwendel

EXIT Realty Premier Brokerage Phone: 516-795-1000 License #10301210443 Listed on: 08/12/2020

EXIT Realty Premier

Co-Listed By

William Anthony Dean

EXIT Realty Premier Brokerage Phone: 516-795-1000 License #40DE1034259

Last Buyer's Agent

John Vaccarino

Century 21 Sewanhaka Realty License #10301201725

Century 21 Sewanhaka Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,291

Year Built

  • Built in 1978

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 56x140
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Interior Spaces

  • 3-Story Property
  • L-Shaped Dining Room
  • Den

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Legal Lot and Block 2058 / G
  • Assessor Parcel Number 2089-33-G-00-2058-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,291

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1978
  • New Construction: No
  • Attribution Contact: 516-795-1000
  • Co List Office Mls Id: ONEEREA02
  • Co List Office Phone: 516-795-1000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, L Dining
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Dishwasher,Dryer,Refrigerator,Second Dishwasher,Second Dryer,Second Freezer,Second Stove,Second Washer,Wall Oven
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Patio and Porch Features: Porch
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway, Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 56x140
  • Lot Size Sq Ft: 8400
  • Lot Size Units: Acres
  • Parcel Number: 2089-33-G-00-2058-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity, Heat
  • Available Date: 2020-11-10

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 17291
  • Tax Block: G
  • Tax Lot: 2058
  • Tax Map Number: 2089-33-G-00-2058-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Middle School District: Elmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Dec 1, 2020
Sold by
Rotondo Family Trust
Bought by
Whelehan Conor and Lavelle John
Seller's Agent
Robert Schwendel
EXIT Realty Premier
Buyer's Agent
John Vaccarino
Century 21 Sewanhaka Realty
List Price
$849,999
Sold Price
$815,000
Premium/Discount to List
-$34,999
-4.12%
Total Days on Market
0
Current Estimated Value
$998,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,872
Avg. Annual Appreciation
4.61%
Original Mortgage
$556,875
Outstanding Balance
$502,276
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$496,596

Purchase Details

Closed on
Jun 14, 2020
Sold by
Rotondo Paul and Rotondo Maria A
Bought by
Rich Paula M and Rotondo Anthony Q

Purchase Details

Closed on
Apr 8, 2019
Sold by
Iaquinta Francesco
Bought by
Iaquinta Trust

Purchase Details

Closed on
Jan 31, 2019
Sold by
Iaquinta Francesco and Iaquinta Amelia
Bought by
Iaquinta Francesco
Source: Public Records

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Range of Values:

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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
Whelehan Conor $815,000 Stewart Title
Rich Paula M -- None Available
Iaquinta Trust -- None Available
Iaquinta Francesco -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whelehan Conor $556,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $815,000 -4.1% $354 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $849,999 -- $370 / 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
2024 $6,728 $777 $373 $404
2023 $17,696 $734 $356 $378
2022 $17,696 $768 $373 $395
2021 $24,626 $733 $356 $377
2020 $17,953 $1,026 $767 $259
2019 $5,759 $1,026 $767 $259
2018 $9,487 $1,026 $0 $0
2017 $8,653 $1,026 $767 $259
2016 $13,891 $1,026 $767 $259
2015 $4,868 $1,026 $767 $259
2014 $4,868 $1,026 $767 $259
2013 $4,566 $1,026 $767 $259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3241947

OneKey® MLS

APN: 2089-33-G-00-2058-0