NOT LISTED FOR SALE

Estimated Value: $982,000 - $1,110,000

-- Bed
-- Bath
1,355 Sq Ft
$780/Sq Ft Est. Value

About This Home

This home is located at 2948 166th St, Flushing, NY 11358 and is currently estimated at $1,056,301, approximately $779 per square foot. 2948 166th St is a home located in Queens County with nearby schools including P.S. 32 - State Street, I.S. 25 Adrien Block, and Francis Lewis High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Chen Wenwei and Lin Xiaodan
Bought by
Chen Xue Song and Zhou Michelle B
Current Estimated Value
$1,069,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$772,900
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,472

Purchase Details

Closed on
Aug 31, 2016
Sold by
Kim Hyun Jung and Yoo Hee Bo
Bought by
Chen Wenwei and Lin Xiaodan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Yang Ki Joong
Bought by
Kim Hyun Jung and Yoo Hee Bo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Chen Xue Song $1,080,000 --
Chen Wenwei $780,000 --
Kim Hyun Jung $550,000 --
Kim Hyun Jung $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xue Song $810,000
Closed Chen Wenwei $525,000
Previous Owner Kim Hyun Jung $108,500
Previous Owner Kim Hyun Jung $55,000
Previous Owner Kim Hyun Jung $439,500
Source: Public Records

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 $7,858 $40,238 $11,177 $29,061
2024 $7,858 $39,122 $12,781 $26,341
2023 $7,426 $36,974 $11,315 $25,659
2022 $5,278 $55,380 $17,700 $37,680
2021 $7,057 $52,980 $17,700 $35,280
2020 $7,098 $53,400 $17,700 $35,700
2019 $6,820 $53,280 $17,700 $35,580
2018 $6,281 $30,812 $11,653 $19,159
2017 $5,689 $29,378 $12,782 $16,596
2016 $5,277 $29,378 $12,782 $16,596
2015 $3,123 $27,943 $14,254 $13,689
2014 $3,123 $27,169 $15,028 $12,141
Source: Public Records

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