NOT LISTED FOR SALE

Estimated Value: $1,036,537 - $1,416,000

7 Beds
2 Baths
-- Sq Ft
3,800 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $1,050,000

Est. 23% increase in value since last sale

Current estimated payment $7,682/month

27 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to 69 Street
  • Views
  • Wetlands on Lot
  • Wood Flooring
  • Park

About This Home

As of November 2020

amazing property in move in condition, easy viewing, new hot water tank Transport: Close to the 7, E, R, M train line, Close to LIRR (Long island rail road) Parks : travers park, Frontera park, lose to restaurants, shopping, Close to La Guardia Airport, Parkways: Brooklyn-Queens expressway, Long Island Expwy 495

Last Agent to Sell the Property

Anthony Ilyaich

Urban Loop Brokerage Phone: 718-883-1800 License #40IL0971896 Listed on: 09/15/2020

Last Buyer's Agent

Anthony Ilyaich

Urban Loop Brokerage Phone: 718-883-1800 License #40IL0971896 Listed on: 09/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1925

Lot Details

  • 3,800 Sq Ft Lot
  • Lot Dimensions are 22x104
  • No Common Walls

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 2 Parking Spaces
  • Shared Driveway

Additional Features

  • Wetlands on Lot
  • Property is near public transit
  • Heating System Uses Steam

Listing and Financial Details

  • Legal Lot and Block 2 / 1298

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

$7,734

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Three Or More
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-883-1800
  • BuildingSize: 16x58
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Other
  • View: Other
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, Other

Utilities

  • Heating: Other, Steam
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 22x104
  • Lot Size Sq Ft: 3800
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Protected Wetlands
  • Zoning Description: R4-1
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7734
  • Tax Block: 1298
  • Tax Lot: 2
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 23, 2020
Sold by
Frances Dellacroce As Trustee
Bought by
Lau Tsz Shan and Lau Yuk Shan
Seller's Agent
Anthony Ilyaich
Urban Loop
Buyer's Agent
Anthony Ilyaich
Urban Loop
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,294,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,384
Avg. Annual Appreciation
4.17%
Original Mortgage
$654,000
Outstanding Balance
$581,967
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$712,417

Purchase Details

Closed on
Nov 14, 2013
Sold by
Kim Deceased Kyung Yeem
Bought by
Sung Chin Kim As Trustee and Norman Kim Irrevocable Trust

Purchase Details

Closed on
Feb 14, 1995
Sold by
Tserotas Efthimios and Tserotas Helen
Bought by
Kim Norman and Kim Kyung Yeem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage
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
Lau Tsz Shan $1,050,000 --
Sung Chin Kim As Trustee -- --
Kim Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Tsz Shan $654,000
Previous Owner Kim Norman $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $1,050,000 0.0% --
10/12/2020 10/12/20 Pending -- -- --
09/30/2020 09/30/20 Off Market $1,050,000 -- --
09/15/2020 09/15/20 For Sale $1,050,000 -- --
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 $10,556 $55,711 $14,821 $40,890
2024 $10,556 $52,558 $14,779 $37,779
2023 $9,959 $49,584 $14,945 $34,639
2022 $9,537 $76,320 $21,900 $54,420
2021 $10,054 $65,760 $21,900 $43,860
2020 $9,168 $69,780 $21,900 $47,880
2019 -- $75,540 $21,900 $53,640
2018 -- $41,320 $14,516 $26,804
2017 -- $39,812 $14,996 $24,816
2016 -- $39,812 $14,996 $24,816
2015 -- $38,688 $20,452 $18,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3252329

OneKey® MLS

APN: 01298-0002