NOT LISTED FOR SALE

Estimated Value: $1,188,984

7 Beds
4.5 Baths
-- Sq Ft
3,000 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $1,137,000

Est. 5% increase in value since last sale

Current estimated payment $7,079/month

351 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • L-Shaped Dining Room
  • P.S. 41 - Crocheron Rated A
  • Wood Flooring
  • 5-minute walk to Buz O'Rourke Playground

About This Home

As of December 2021

This is a well kept and maintained large 2 family home in the heart of Bayside near Long Island Railroad and public transportation. 1st floor: 3 bedroom 1 bathroom apartment has over 9 feet high ceiling that leads to finished basement with a full bath (everything is legalized), 2nd floor has 3 bedroom & 1 bathroom and 3rd floor has additional bedroom with full bath. This home has a huge potential and it is a high income producing property. Boiler is approximately 5 years old and very well maintained property first time on the market! Excellent condition and A Must See!!

Last Agent to Sell the Property

Charles Chang

Exit Realty Team License #49CH1105136 Listed on: 09/23/2020

Exit Realty Team

Last Buyer's Agent

Charles Chang

Exit Realty Team License #49CH1105136 Listed on: 09/23/2020

Exit Realty Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,849

Year Built

  • Built in 1920

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • No Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • L-Shaped Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Ps 41 Crocheron Elementary School
  • Middle School 158 Marie Curie
  • Bayside High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 0047 / 06178

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,849

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Building Size: 18 x 60
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-358-4000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), L-Shaped Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dryer, Refrigerator, Washer
  • Total Bedrooms: 7
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2020-09-25
  • Flood Zone Report: Yes
  • View: Open
  • View YN: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 41 Crocheron
  • Middle School: Ms 158 Marie Curie
  • High School: Bayside High School
  • Middle School: Ms 158 Marie Curie

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: Acres
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-12-15
  • Tax Annual Amount: 6849.00
  • Tax Block: 06178
  • Tax Lot: 0047

Multi Family

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

MLS Schools

  • Elementary School: Ps 41 Crocheron
  • High School: Bayside High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Dec 15, 2021
Sold by
Kim Ki Soo and Kim Kyung Shin
Bought by
Liu Jun and Wang Guobin
Seller's Agent
Charles Chang
Exit Realty Team
Buyer's Agent
Charles Chang
Exit Realty Team
List Price
$1,290,000
Sold Price
$1,137,000
Premium/Discount to List
-$153,000
-11.86%
Current Estimated Value
$1,188,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,984
Avg. Annual Appreciation
1.22%
Original Mortgage
$837,000
Outstanding Balance
$772,975
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$416,009

Purchase Details

Closed on
Feb 18, 2006
Sold by
Paul I Krohn Chapter 7 Trustee
Bought by
Kim Ki Soo and Kim Kyung Shin

Purchase Details

Closed on
Feb 28, 2003
Sold by
New York Select Properties Inc
Bought by
Appenteng Alex S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,800
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2002
Sold by
Tassou Constantine and Kontakos Vasilios P
Bought by
Properti New York Select

Purchase Details

Closed on
Feb 9, 1999
Sold by
Lacey Inez
Bought by
Papaspiridakos Kalomira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Liu Jun $1,137,000 --
Kim Ki Soo $730,000 --
Appenteng Alex S $649,000 --
Properti New York Select -- --
Papaspiridakos Kalomira $230,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jun $837,000
Previous Owner Appenteng Alex S $129,800
Previous Owner Papaspiridakos Kalomira $172,500
Closed Appenteng Alex S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,137,000 -5.3% --
09/09/2021 09/09/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $1,200,000 -4.0% --
10/24/2020 10/24/20 Price Changed $1,250,000 -3.1% --
09/23/2020 09/23/20 For Sale $1,290,000 -- --
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 $7,358 $38,831 $6,397 $32,434
2024 $7,358 $36,634 $6,504 $30,130
2023 $6,941 $34,560 $6,046 $28,514
2022 $6,848 $60,420 $12,900 $47,520
2021 $7,109 $55,440 $12,900 $42,540
2020 $6,849 $60,420 $12,900 $47,520
2019 $6,386 $63,600 $12,900 $50,700
2018 $5,871 $28,800 $7,012 $21,788
2017 $5,827 $28,584 $7,413 $21,171
2016 $5,628 $28,584 $7,413 $21,171
2015 $3,252 $26,966 $10,065 $16,901
2014 $3,252 $25,440 $11,395 $14,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3254837

OneKey® MLS

APN: 06178-0047