NOT LISTED FOR SALE

Estimated Value: $1,568,000 - $1,853,000

8 Beds
5 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $1,660,000

Est. 4% increase in value since last sale

Current estimated payment $10,420/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Cooling Available
  • P.S. 31 - Bayside Rated A
  • 1 Car Attached Garage
  • Park

About This Home

As of June 2022

Beautiful Colonial House,3 floors plus basement. Use as 3 Family, 1st-floor use as Office and Full Finished Basement with Excellent Rental Income. 2 Blocks Way From Lirr, Nearby Shopping Areas Restaurants, Best School District. Very Good For Investors!!!!South Exposure!!!

Last Agent to Sell the Property

Lin Pan

Lin Pan Realty Group LLC License #10491203071 Listed on: 01/27/2022

Last Buyer's Agent

Lin Pan

Lin Pan Realty Group LLC License #10491203071 Listed on: 01/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,107

Year Built

  • Built in 2006

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Schools

  • Bayside High Middle School
  • Bayside High School

Utilities

  • Cooling Available
  • 3 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 00030 / 06301
  • Assessor Parcel Number 06301-0030

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,107

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 2006
  • New Construction: No
  • Attribution Contact: 516-693-9888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 8
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-01-30
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: See Remarks
  • Heating Zones: 3
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bayside High School
  • High School: Bayside High School
  • Middle School: Bayside High School

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 20 X 100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 06301-0030
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-06-06
  • Tax Annual Amount: 12107.21
  • Tax Block: 06301
  • Tax Lot: 00030
  • Tax Map Number: 06301-0030

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • High School: Bayside High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
May 24, 2022
Sold by
Fortunemart Realty Llc
Bought by
Forever 88 Property Llc
Seller's Agent
Lin Pan
Lin Pan Realty Group LLC
Buyer's Agent
Lin Pan
Lin Pan Realty Group LLC
List Price
$1,880,000
Sold Price
$1,660,000
Premium/Discount to List
-$220,000
-11.7%
Current Estimated Value
$1,733,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,760
Avg. Annual Appreciation
1.30%
Original Mortgage
$960,000
Outstanding Balance
$910,743
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$823,017

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jun 4, 2013
Sold by
Administration Home Solutions Inc
Bought by
Fortunemart Realty Llc
Seller's Agent
Lilian Balzana
East Coast REALTORS Inc
Buyer's Agent
Zhaohua Zhang
East Coast REALTORS Inc
List Price
$1,098,000
Sold Price
$1,030,000
Premium/Discount to List
-$68,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$600,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2008
Sold by
Pavlou Panayiotis and Stylianov Andreas
Bought by
Administration Home Solutions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.01%
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
Forever 88 Property Llc $1,660,000 --
Fortunemart Realty Llc $1,030,000 --
Fortunemart Realty Llc $1,030,000 --
Administration Home Solutions Inc $850,000 --
Administration Home Solutions Inc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forever 88 Property Llc $960,000
Previous Owner Fortunemart Realty Llc $600,000
Previous Owner Administration Home Solutions Inc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $1,660,000 0.0% --
02/16/2022 02/16/22 Pending -- -- --
02/02/2022 02/02/22 Off Market $1,660,000 -- --
01/27/2022 01/27/22 For Sale $1,880,000 +82.5% --
05/06/2013 05/06/13 Sold $1,030,000 -6.2% -- View Prior Sale
04/05/2013 04/05/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $1,098,000 -- --
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 $14,625 $73,349 $9,443 $63,906
2024 $14,625 $72,814 $11,174 $61,640
2023 $13,797 $68,693 $8,956 $59,737
2022 $12,937 $90,480 $12,900 $77,580
2021 $12,867 $81,720 $12,900 $68,820
2020 $12,938 $89,820 $12,900 $76,920
2019 $12,693 $77,100 $12,900 $64,200
2018 $11,669 $57,244 $12,054 $45,190
2017 $8,310 $54,004 $10,861 $43,143
2016 $10,185 $54,004 $10,861 $43,143
2015 $6,145 $50,937 $12,537 $38,400
2014 $6,145 $50,566 $12,628 $37,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3372471

OneKey® MLS

APN: 06301-0030