NOT LISTED FOR SALE

40-47 167th St Flushing, NY 11358

Flushing Neighborhood

Estimated Value: $1,391,227 - $1,552,000

6 Beds
5 Baths
-- Sq Ft
4,000 Sq Ft Lot

Last Sold December 11, 2023

Last sale price $1,588,000

Est. 6% decrease in value since last sale

Current estimated payment $8,552/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 5-minute walk to Broadway Station
  • Cooling Available
  • P.S. 107 Thomas A Dooley Rated A-
  • Property is near public transit
  • 1 Car Garage

About This Home

As of December 2023

Detached Colonial in excellent condition with 6 bedrooms and 5 full baths. Full, finished basement with separate entrance. MUST SEE - Convenient to all shopping and transportation.

Last Agent to Sell the Property

Maureen Ramsbottom

Maureen Folan R E Group LLC Brokerage Phone: 718-767-8200 License #10491206775 Listed on: 09/07/2023

Last Buyer's Agent

Maureen Ramsbottom

Maureen Folan R E Group LLC Brokerage Phone: 718-767-8200 License #10491206775 Listed on: 09/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,599

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

  • Ps 107 Thomas A Dooley Elementary School
  • Is 25 Adrien Block Middle School
  • Francis Lewis High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 14 / 5342
  • Assessor Parcel Number 05342-0014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,599

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-767-8200
  • BuildingSize: 25 x 47
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Garage

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 25 Adrien Block

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05342-0014
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-09-08

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 9599
  • Tax Block: 5342
  • Tax Lot: 14
  • Tax Map Number: 05342-0014

MLS Schools

  • Elementary School: Ps 107 Thomas A Dooley
  • High School: Francis Lewis High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Dec 11, 2023
Sold by
Chen Feidan and Lin Jie
Bought by
Lin Xuewen and Zheng Xuefei
Seller's Agent
Maureen Ramsbottom
Maureen Folan R E Group LLC
Buyer's Agent
Maureen Ramsbottom
Maureen Folan R E Group LLC
List Price
$1,588,000
Sold Price
$1,588,000
Views
27
Current Estimated Value
$1,489,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,193
Avg. Annual Appreciation
-2.98%
Original Mortgage
$743,000
Outstanding Balance
$729,250
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$760,557

Purchase Details

Closed on
Sep 26, 2017
Sold by
Pellegrino Anna Rose and Pellegrino Anthony Pasquale
Bought by
Chen Feidan and Lin Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Lin Xuewen $1,588,000 --
Lin Xuewen $1,588,000 --
Chen Feidan $930,000 --
Chen Feidan $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xuewen $743,000
Closed Lin Xuewen $743,000
Closed Chen Feidan $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $1,588,000 0.0% --
09/12/2023 09/12/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $1,588,000 -- --
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 $10,062 $52,310 $14,021 $38,289
2024 $10,062 $50,098 $16,092 $34,006
2023 $9,493 $47,262 $13,903 $33,359
2022 $8,901 $66,120 $21,180 $44,940
2021 $9,230 $67,680 $21,180 $46,500
2020 $9,227 $66,120 $21,180 $44,940
2019 $6,621 $67,620 $21,180 $46,440
2018 $8,029 $39,385 $12,536 $26,849
2017 $6,756 $37,156 $13,592 $23,564
2016 $6,334 $37,156 $13,592 $23,564
2015 $3,584 $36,327 $17,095 $19,232
2014 $3,584 $34,790 $18,111 $16,679
Source: Public Records

Agents Affiliated with this Home

  • Maureen Ramsbottom

    Seller's Agent in 2023

    Maureen Ramsbottom

    Maureen Folan R E Group LLC

    (718) 767-8200

    119 in this area

    538 Total Sales

    Maureen Ramsbottom
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Map

Source: OneKey® MLS

MLS Number: KEY3502662

OneKey® MLS

APN: 05342-0014

New York Queens County Flushing 11358 Flushing

40-47 167th St, Flushing, NY

Not Listed for Sale

MultiFamily

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