NOT LISTED FOR SALE

Estimated Value: $773,000 - $988,000

4 Beds
2.5 Baths
2,304 Sq Ft
$378/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $775,000 $336 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,382/month

134 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 2 Car Detached Garage
  • Park

About This Home

As of November 2023

A sunny home with many windows, this is a two family, fully detached property. It consists of a 3 bedroom duplex unit over a 1 bedroom unit, a finished basement, and a 2-car garage. The duplex unit features a front sun-room and a large deck. The 1-bedroom unit has been fully renovated with a brand new kitchen, bathroom, flooring, and light fixtures. The furnace and boiler is also brand new. Close to major highways like I-95 and Hutchinson River Parkway. Near shops, eateries, and public transportation, such as the #6 train.

Last Agent to Sell the Property

Cheng Lee

RE/MAX Top Brokerage Phone: 718-684-5228 License #10311203626 Listed on: 04/15/2023

RE/MAX Top

Last Buyer's Agent

Cheng Lee

RE/MAX Top Brokerage Phone: 718-684-5228 License #10311203626 Listed on: 04/15/2023

RE/MAX Top

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Detached Garage

Home Design

  • 2,304 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Property is near public transit

Utilities

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

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 05367-0023

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,800

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-684-5228
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished
  • Total Bedrooms: 4
  • Living Area: 2304
  • SquareFootage: 2304.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05367-0023
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6800
  • Tax Map Number: 05367-0023

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
Apr 15, 2023
Closed on
Nov 6, 2023
Sold by
Shum Lap Kei and Shum Pui Sim
Bought by
Chen Jinwei
Seller's Agent
Cheng Lee
RE/MAX Top
Buyer's Agent
Cheng Lee
RE/MAX Top
List Price
$939,000
Sold Price
$775,000
Premium/Discount to List
-$164,000
-17.47%
Total Days on Market
134
Views
123
Current Estimated Value
$871,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,042
Avg. Annual Appreciation
2.81%
Original Mortgage
$387,500
Outstanding Balance
$381,475
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,620
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
Chen Jinwei $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jinwei $387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Off Market $775,000 -- --
11/16/2023 11/16/23 Off Market $775,000 -- --
11/06/2023 11/06/23 Sold $775,000 -7.6% $336 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $839,000 -6.7% $364 / Sq Ft
06/20/2023 06/20/23 Price Changed $899,000 -4.3% $390 / Sq Ft
04/15/2023 04/15/23 For Sale $939,000 -- $408 / 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 $7,740 $38,534 $6,537 $31,997
2024 $7,740 $38,534 $7,789 $30,745
2023 $3,090 $36,924 $7,420 $29,504
2022 $2,818 $48,660 $10,260 $38,400
2021 $2,870 $41,460 $10,260 $31,200
2020 $2,740 $45,780 $10,260 $35,520
2019 $2,700 $38,340 $10,260 $28,080
2018 $2,477 $30,770 $9,296 $21,474
2017 $2,313 $29,030 $9,677 $19,353
2016 $2,214 $28,365 $9,858 $18,507
2015 $2,213 $26,760 $11,400 $15,360
2014 $2,213 $26,760 $11,400 $15,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6243281

OneKey® MLS

APN: 05367-0023