NOT LISTED FOR SALE

Estimated Value: $1,020,000 - $1,175,000

8 Beds
3 Baths
2,624 Sq Ft
$413/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $980,000 $373 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,375/month

25 Days on Market

About This Home

As of February 2022

Don't miss this well maintained legal 3 family home in the desirable Pelham Bay. This great opportunity offers 3 legal rental income or live one and have other two units to pay your mortgage. This pretty brick detached home features two bedroom over three bedroom over fully renovated 3 bedroom. Close to shops, restaurants, 6 train Middletown Rd Station, Q50 cross-borough bus station to Flushing and Major highway. Call today to schedule your private viewing before it gone. BuildingAreaSource: Public Records, ParkingFeatures: On Street,

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10311206937 Listed on: 08/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,099

Year Built

  • Built in 1910

Lot Details

  • 2,178 Sq Ft Lot

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 05385-0052

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,099

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 718-513-1111
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 8
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Parcel Number: 05385-0052

Multi Family

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

Tax Info

  • Tax Annual Amount: 7099
  • Tax Map Number: 05385-0052
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Feb 4, 2022
Sold by
Chen Jin and Chen Mei Qin
Bought by
Zheng Jing Hang
Seller's Agent
Alex Huang
Han Tang Realty Inc.
List Price
$1,030,000
Sold Price
$980,000
Premium/Discount to List
-$50,000
-4.85%
Current Estimated Value
$1,054,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,292
Avg. Annual Appreciation
3.36%
Original Mortgage
$499,900
Outstanding Balance
$468,735
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,700

Purchase Details

Listed on
Oct 23, 2020
Closed on
Mar 2, 2021
Sold by
Casvikes Anastasia and Casvikes Paul
Bought by
Chen Jin and Chen Mei Qin
Seller's Agent
Jared Baglietto
Realty Connect USA LLC
Buyer's Agent
Jared Baglietto
Realty Connect USA LLC
List Price
$895,000
Sold Price
$890,000
Premium/Discount to List
-$5,000
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$667,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2009
Sold by
Casvikes Anastasia and Casvikes Gregory
Bought by
Casvikes Anastasia and Casvikes Paul

Purchase Details

Closed on
Jan 8, 2008
Sold by
Casvekis Anastasia and Casvekis Paul
Bought by
Casvikes Anastasia and Casvikes Gregory
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zheng Jing Hang $980,000 --
Chen Jin $890,000 --
Casvikes Anastasia -- --
Casvikes Anastasia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Jing Hang $499,900
Previous Owner Chen Jin $667,500
Previous Owner Casvikes Anastasia $206,000
Previous Owner Casvikes Anastasia $205,000
Previous Owner Casvikes Anastasia $100,000
Previous Owner Casvekis Anastasia $30,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Off Market $980,000 -- --
02/07/2022 02/07/22 Sold $980,000 -4.9% $373 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $1,030,000 0.0% $393 / Sq Ft
08/02/2021 08/02/21 Price Changed $1,030,000 +15.7% $393 / Sq Ft
03/02/2021 03/02/21 Sold $890,000 -0.6% $339 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $895,000 -- $341 / 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 $7,237 $38,189 $6,759 $31,430
2024 $7,237 $36,030 $5,776 $30,254
2023 $7,277 $35,831 $5,892 $29,939
2022 $6,954 $50,400 $9,600 $40,800
2021 $7,099 $48,600 $9,600 $39,000
2020 $6,736 $33,900 $9,600 $24,300
2019 $6,281 $33,900 $9,600 $24,300
2018 $6,087 $29,859 $9,367 $20,492
2017 $5,918 $29,030 $8,570 $20,460
2016 $5,619 $28,110 $8,375 $19,735
2015 $3,303 $26,520 $10,065 $16,455
2014 $3,303 $25,021 $10,099 $14,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6134355

OneKey® MLS

APN: 05385-0052