NOT LISTED FOR SALE

Estimated Value: $790,927 - $921,000

3 Beds
2 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold December 19, 2022

Last sale price $715,000

Est. 18% increase in value since last sale

Current estimated payment $4,860/month

117 Days on Market

Highlights

  • 1 Car Detached Garage
  • P.S. 94 - David D. Porter Rated A
  • Hot Water Heating System

About This Home

As of December 2022

This home is located at 40-12 247th St, Little Neck, NY 11363 since 14 May 2022 and is currently estimated at $841,732. This property was built in 1925. 40-12 247th St is a home located in Queens County with nearby schools including P.S. 94 - David D. Porter, Louis Pasteur Middle School 67, and Benjamin N Cardozo High School.

Last Agent to Sell the Property

Katocui Chen

EXP Realty License #10401260403 Listed on: 05/14/2022

EXP Realty

Last Buyer's Agent

Xiu Chen

Winzone Realty Inc License #10401357748

Winzone Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • No Attic
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • JHS 67 Louis Pasteur Middle School
  • Benjamin N Cardozo High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 50 / 8116
  • Assessor Parcel Number 08116-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,377

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: 2 Story
  • Property SubType: Single Family Residence
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 516-741-4333
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 3
  • Kitchens: 1

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 67 Louis Pasteur
  • High School: Benjamin N Cardozo High School
  • Middle School: Jhs 67 Louis Pasteur

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: Acres
  • Parcel Number: 08116-0050
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-05-30
  • Lease Considered: No

Tax Info

  • Close Date: 2022-12-19
  • Tax Annual Amount: 4376.72
  • Tax Block: 8116
  • Tax Lot: 50
  • Tax Map Number: 08116-0050

MLS Schools

  • High School: Benjamin N Cardozo High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Dec 19, 2022
Sold by
P & Z Global Real Estate Inc
Bought by
Lin Hua and Zheng Tao
Seller's Agent
Katocui Chen
EXP Realty
Buyer's Agent
Xiu Chen
Winzone Realty Inc
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Views
20
Current Estimated Value
$841,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,732
Avg. Annual Appreciation
5.87%
Original Mortgage
$499,500
Outstanding Balance
$483,466
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,266

Purchase Details

Closed on
Oct 14, 2016
Sold by
Estate Of Peter A Farrell and James Christopher Farrell As Executor
Bought by
P & Z Global Real Estate Inc

Purchase Details

Closed on
Mar 8, 1995
Sold by
Farrell Peter A and Farrell John Thomas
Bought by
Farrell Peter A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lin Hua $715,000 --
Lin Hua $715,000 --
P & Z Global Real Estate Inc $485,000 --
P & Z Global Real Estate Inc $485,000 --
Farrell Peter A -- First American Title Ins Co
Farrell Peter A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Hua $499,500
Closed Lin Hua $499,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $715,000 0.0% --
09/08/2022 09/08/22 Pending -- -- --
08/31/2022 08/31/22 Off Market $715,000 -- --
08/02/2022 08/02/22 Price Changed $729,000 -2.8% --
06/06/2022 06/06/22 For Sale $750,000 +4.9% --
05/30/2022 05/30/22 Off Market $715,000 -- --
05/14/2022 05/14/22 For Sale $750,000 -- --
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 $5,181 $26,296 $6,831 $19,465
2024 $5,181 $25,795 $6,609 $19,186
2023 $4,922 $24,504 $5,813 $18,691
2022 $4,635 $42,300 $11,160 $31,140
2021 $4,614 $38,220 $11,160 $27,060
2020 $4,638 $42,000 $11,160 $30,840
2019 $4,497 $40,080 $11,160 $28,920
2018 $4,163 $20,420 $5,934 $14,486
2017 $3,944 $19,347 $5,880 $13,467
2016 $3,421 $19,347 $5,880 $13,467
2015 $1,862 $18,261 $8,077 $10,184
2014 $1,862 $17,914 $7,923 $9,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3399711

OneKey® MLS

APN: 08116-0050