NOT LISTED FOR SALE

Estimated Value: $1,865,000 - $2,181,000

11 Beds
6.5 Baths
4,840 Sq Ft
$427/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $1,950,000 $403 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,159/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • 1 Car Garage
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of December 2022

Prime investment opportunity in the heart of Corona Queens. The subject property is a new 4-story, legal 3-family home. Conveniently located close to all major shops, restaurants, and transportation. close to Corona Plaza stops on the 7-train line, and a few blocks off of Roosevelt Avenue. This lovely property introduces the 1st unit, a bedroom, full bath, kitchen, and Living Room. The 2nd unit introduces 3 bedrooms, a kitchen, 2 full bathrooms, and a living room. The 3rd unit introduces 7 bedrooms duplex, with a living room, a kitchen, and 3 full baths, This lovely property has wood floors, a Finished basement with sep entrance, a private backyard, and a garage with the driveway

Last Agent to Sell the Property

Stella Shalamova

Exit Realty First Choice License #10301222114 Listed on: 08/26/2022

Exit Realty First Choice

Co-Listed By

Lena Matatov

Exit Realty First Choice License #10301222132

Last Buyer's Agent

Fang Bin Liu

Winzone Realty Inc License #10401205454

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,774

Year Built

  • Built in 2003

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 21x100
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,840 Sq Ft Home
  • 3-Story Property
  • Oven

Bedrooms and Bathrooms

  • 11 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • JHS 157 Stephen A Halsey Middle School
  • Forest Hills High School

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 77 / 1778
  • Assessor Parcel Number 01778-0077

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,774

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Three Or More
  • Building Size: 21x60
  • Year Built: 2003
  • New Construction: No
  • Attribution Contact: 718-380-2500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Refrigerator
  • Total Bedrooms: 11
  • Living Area: 4840.00
  • Kitchens: 3
  • Square Footage: 4840.00

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-08-29
  • Flood Zone Report: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 157 Stephen A Halsey
  • High School: Forest Hills High School
  • Middle School: Jhs 157 Stephen A Halsey

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 21x100
  • Lot Size Sq Ft: 2100.00
  • Lot Size Units: Acres
  • Parcel Number: 01778-0077
  • Zoning Description: R6B
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-12-08
  • Tax Annual Amount: 14774.00
  • Tax Block: 1778
  • Tax Lot: 77
  • Tax Map Number: 01778-0077

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

MLS Schools

  • High School: Forest Hills High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Dec 7, 2022
Sold by
Lin Xiao Dong
Bought by
Li Chun Hui
Seller's Agent
Stella Shalamova
Exit Realty First Choice
Buyer's Agent
Fang Bin Liu
Winzone Realty Inc
List Price
$1,950,000
Sold Price
$1,950,000
Views
18
Current Estimated Value
$2,066,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,844
Avg. Annual Appreciation
2.03%
Original Mortgage
$960,000
Outstanding Balance
$931,193
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,135,651

Purchase Details

Closed on
Oct 31, 2008
Sold by
Huang Wei Dong
Bought by
Lin Xiao Dong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
6.13%

Purchase Details

Closed on
Dec 22, 2004
Sold by
108 Venture Ltd and Pollack %
Bought by
Huang Wei Dong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Li Chun Hui $1,950,000 --
Lin Xiao Dong $970,000 --
Lin Xiao Dong $970,000 --
Huang Wei Dong $790,000 --
Huang Wei Dong $790,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Chun Hui $960,000
Previous Owner Lin Xiao Dong $645,300
Previous Owner Huang Wei Dong $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $1,950,000 0.0% $403 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $1,950,000 -- $403 / 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 $15,842 $83,609 $10,794 $72,815
2024 $15,842 $78,876 $10,605 $68,271
2023 $14,946 $74,412 $8,482 $65,930
2022 $14,014 $112,260 $15,360 $96,900
2021 $14,774 $108,540 $15,360 $93,180
2020 $14,748 $104,640 $15,360 $89,280
2019 $13,750 $111,600 $15,360 $96,240
2018 $12,641 $62,010 $11,873 $50,137
2017 $11,925 $58,500 $15,360 $43,140
2016 $12,534 $58,500 $15,360 $43,140
2015 $8,473 $66,274 $15,315 $50,959
2014 $8,473 $62,523 $12,280 $50,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3426293

OneKey® MLS

APN: 01778-0077