NOT LISTED FOR SALE

Estimated Value: $937,756 - $1,380,000

7 Beds
2 Baths
2,500 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $1,020,000 $408 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,050/month

113 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Baseboard Heating
  • Woodside Community School (The) Rated A-
  • Park

About This Home

As of May 2023

Legal 2 Family house in the best location! Close to schools, shopping and all forms of transportation. Bus #Q18 is 1 block away, close to the subway 61st St station and the LIRR is 5 blocks away. Income producing legal 2 family house with a side door entrance with additional sub level area. Four bedrooms on the main level, 3 bedrooms above and a massive partially finished basement. Private backyard, driveway that can potentially park up to 4 small cars. A new oil tank and hot water tank! Can park up to 4 small cars in the driveway!

Last Agent to Sell the Property

Sheryl Fine

LAFFEY REAL ESTATE License #40FI1013790 Listed on: 11/01/2022

Last Buyer's Agent

Devin Sullivan

Signature Premier Properties License #10301217053

Signature Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,455

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • No Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 11 Kathryn Phelan Elementary School
  • Is 10 Horace Greeley Middle School
  • William Cullen Bryant High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 39 / 1212
  • Assessor Parcel Number 01212-0039

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

$8,455

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1925
  • New Construction: No
  • BuildingSize: 18x50
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Total Bedrooms: 7
  • Living Area: 2500
  • SquareFootage: 2500.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 10 Horace Greeley

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01212-0039
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-11-02

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities
  • Available Date: 2023-03-31

Multi Family

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

Tax Info

  • Tax Annual Amount: 8455
  • Tax Block: 1212
  • Tax Lot: 39
  • Tax Map Number: 01212-0039
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 11 Kathryn Phelan
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Allibang Flavielene and Lomboy Randy
Bought by
Allibang Flavielene and Lomboy Randy
Current Estimated Value
$1,203,689

Purchase Details

Listed on
Nov 1, 2022
Closed on
May 2, 2023
Sold by
Blanca Arevalo Trust and Edwin Arevalo As Trustee
Bought by
Allibang Flavielene and Lomboy Randy
Seller's Agent
Sheryl Fine
LAFFEY REAL ESTATE
Buyer's Agent
Devin Sullivan
Signature Premier Properties
List Price
$1,050,000
Sold Price
$1,020,000
Premium/Discount to List
-$30,000
-2.86%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$867,000
Outstanding Balance
$842,360
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$361,329

Purchase Details

Closed on
Jun 25, 2019
Sold by
Arevalo As Surviving Spouse Blanca and Arevalo Deceased
Bought by
Blanca Arevalo Trust and Edwin Arevalo Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allibang Flavielene -- --
Allibang Flavielene $1,020,000 --
Blanca Arevalo Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allibang Flavielene $867,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $1,020,000 -2.9% $408 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $1,050,000 0.0% $420 / Sq Ft
02/18/2023 02/18/23 For Sale $1,050,000 +2.9% $420 / Sq Ft
02/10/2023 02/10/23 Off Market $1,020,000 -- --
11/01/2022 11/01/22 For Sale $1,050,000 -- $420 / 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 $9,066 $47,848 $13,783 $34,065
2024 $9,066 $45,140 $13,039 $32,101
2023 $8,553 $42,586 $10,655 $31,931
2022 $8,159 $75,960 $18,960 $57,000
2021 $8,455 $71,760 $18,960 $52,800
2020 $8,440 $70,440 $18,960 $51,480
2019 $7,869 $68,880 $18,960 $49,920
2018 $7,234 $35,488 $12,084 $23,404
2017 $6,825 $33,480 $11,716 $21,764
2016 $6,547 $33,480 $11,716 $21,764
2015 $3,809 $33,228 $15,448 $17,780
2014 $3,809 $31,348 $17,493 $13,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3440797

OneKey® MLS

APN: 01212-0039