NOT LISTED FOR SALE

Estimated Value: $993,302 - $1,127,000

4 Beds
2 Baths
-- Sq Ft
1,640 Sq Ft Lot

Last Sold March 08, 2022

Last sale price $968,000

Est. 9% increase in value since last sale

Current estimated payment $6,157/month

37 Days on Market

Highlights

  • Property is near public transit
  • Cul-De-Sac
  • Park
  • P.S. 21 Edward Hart Rated A-
  • Window Unit Cooling System
  • 4-minute walk to Cadwallader Colden Playground

About This Home

As of March 2022

Located in the heart of Flushing, this legal 2 family home features 4 bedrooms and 2 bathrooms, an attached garage, and a huge backyard. The entire property is well maintained and in move-in condition. Located on a quiet t, tree-lined street, close to all public transit and major highways, only 12 minutes to Main St 7 train station. Easy access to restaurants, shops, supermarkets, and all Downtown Flushing offers. Great opportunity to own an income-producing or self-use property.

Last Agent to Sell the Property

Vivian Chen

B Square Realty License #10401312812 Listed on: 11/29/2021

B Square Realty

Co-Listed By

Barbie Li

B Square Realty License #10311207854

Last Buyer's Agent

Kiki Cai

B Square Realty License #10401304090

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,283

Year Built

  • Built in 1940

Lot Details

  • 1,640 Sq Ft Lot
  • Lot Dimensions are 20 x 82
  • No Common Walls
  • Cul-De-Sac

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ps 21 Edward Hart Elementary School
  • JHS 185 Edward Bleeker Middle School
  • Flushing High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 0024 / 04981

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

$7,283

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Levels: Two
  • Building Size: 20x39
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 718-939-8388
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2021-11-30
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 185 Edward Bleeker

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 20 x 82
  • Lot Size Sq Ft: 1640.00
  • Lot Size Units: Acres
  • Lot Features: Cul-De-Sec
  • Zoning Description: R2
  • Property Attached: No

Rental Info

  • Hold End Date: 2022-01-10
  • Hold Start Date: 2022-01-04
  • Lease Considered: No

Tax Info

  • Close Date: 2022-03-08
  • Tax Annual Amount: 7283.00
  • Tax Block: 04981
  • Tax Lot: 0024

Multi Family

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

MLS Schools

  • Elementary School: Ps 21 Edward Hart
  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Mar 4, 2022
Sold by
Cheng Hiu Ming and Wang Sheng Lian
Bought by
Guo Jingxian
Seller's Agent
Vivian Chen
B Square Realty
Buyer's Agent
Kiki Cai
B Square Realty
List Price
$899,000
Sold Price
$968,000
Premium/Discount to List
$69,000
7.68%
Current Estimated Value
$1,051,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,826
Avg. Annual Appreciation
2.24%
Original Mortgage
$665,000
Outstanding Balance
$620,194
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,632

Purchase Details

Closed on
May 25, 2006
Sold by
Mo Shirley and Ng King
Bought by
Cheng Hiu Ming and Wang Sheng Lian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2000
Sold by
Tair David Po Wei
Bought by
Ng King and Mo Shirley

Purchase Details

Closed on
Oct 16, 1996
Sold by
Rudahl Eva E
Bought by
Tair David Po Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guo Jingxian $968,000 --
Cheng Hiu Ming $587,000 --
Ng King $280,000 --
Tair David Po Wei $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Jingxian $665,000
Previous Owner Cheng Hiu Ming $469,600
Previous Owner Tair David Po Wei $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $968,000 0.0% --
01/05/2022 01/05/22 Pending -- -- --
01/04/2022 01/04/22 Off Market $968,000 -- --
01/04/2022 01/04/22 For Sale $899,000 -7.1% --
12/27/2021 12/27/21 Off Market $968,000 -- --
11/29/2021 11/29/21 For Sale $899,000 -- --
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 $7,424 $39,182 $5,920 $33,262
2024 $7,424 $36,965 $6,601 $30,364
2023 $7,004 $34,873 $5,794 $29,079
2022 $6,954 $60,720 $9,600 $51,120
2021 $7,283 $55,020 $9,600 $45,420
2020 $5,249 $57,960 $9,600 $48,360
2019 $6,444 $49,620 $9,600 $40,020
2018 $5,924 $29,061 $5,805 $23,256
2017 $5,918 $29,030 $6,328 $22,702
2016 $5,765 $29,030 $6,328 $22,702
2015 $3,303 $27,210 $8,711 $18,499
2014 $3,303 $25,670 $7,758 $17,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3361971

OneKey® MLS

APN: 04981-0024