NOT LISTED FOR SALE

43-18 Parsons Blvd Flushing, NY 11355

Flushing Neighborhood

Estimated Value: $1,696,664 - $1,874,000

6 Beds
4 Baths
2,603 Sq Ft
$688/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $1,620,000 $622 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,192/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Window Unit Cooling System
  • P.S. 024 Andrew Jackson School Rated A
  • Corner Lot
  • Hot Water Heating System

About This Home

As of January 2023

Well-maintained 3 stories corner 2-Family House is located in the heart of Flushing, this exclusive Gem area of Flushing has very limited supply! R3X Zoning with fully fenced 5,706 sq.ft Corner lot. The Property features 3 bedrooms, 1 bath, a spacious living room, and a formal dining room on the first floor. 2nd and 3rd-floor consist of a duplex with 3 bedrooms and 2 baths. A fully finished features windows and separate entrances. Private driveway in the backyard that can park multiple cars. Convenient location, close to all (Bus, Shops, park, #7 Subway). The entire house will be delivered vacantly at closing.

Last Agent to Sell the Property

Barbie Li

B Square Realty License #10311207854 Listed on: 09/26/2022

B Square Realty

Last Buyer's Agent

Jin Huang

B Square Realty License #10401346233

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,241

Year Built

  • Built in 1905

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 53.08 x107.5
  • No Common Walls
  • Fenced
  • Corner Lot

Home Design

  • 2,603 Sq Ft Home
  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Finished Basement

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

Parking

  • No Garage
  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Ps 24 Andrew Jackson Elementary School
  • Is 237 Middle School
  • John Bowne High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas
  • Legal Lot and Block 0030 / 05197

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,241

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Building Size: 25 ft x 33 ft
  • Year Built: 1905
  • New Construction: No
  • Attribution Contact: 718-939-8388
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2603.00
  • Kitchens: 2
  • Square Footage: 2603.00

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-09-20
  • Flood Zone Report: Yes
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 237

Lot Info

  • Lot Size Acres: 0.1300
  • Lot Dimensions: 53.08 x107.5
  • Lot Size Sq Ft: 5706.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Zoning Description: R3X
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Gas

Tax Info

  • Close Date: 2023-01-18
  • Tax Annual Amount: 9241.00
  • Tax Block: 05197
  • Tax Lot: 0030

Multi Family

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

MLS Schools

  • Elementary School: Ps 24 Andrew Jackson
  • High School: John Bowne High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Jan 17, 2023
Sold by
Palabasan Erlinda and Palabasan Ignacio
Bought by
Zhang Jin Wen and Zhu Cuihui
Seller's Agent
Barbie Li
B Square Realty
Buyer's Agent
Jin Huang
B Square Realty
List Price
$1,599,000
Sold Price
$1,620,000
Premium/Discount to List
$21,000
1.31%
Views
1
Current Estimated Value
$1,790,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,666
Avg. Annual Appreciation
3.43%
Original Mortgage
$1,000,000
Outstanding Balance
$964,932
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$825,734

Purchase Details

Closed on
Oct 25, 2000
Sold by
Defino Louis
Bought by
Palabasan Ignacio and Palabasan Erlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
9.06%
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
Zhang Jin Wen $1,620,000 --
Zhang Jin Wen $1,620,000 --
Zhang Jin Wen $1,620,000 --
Palabasan Ignacio $400,000 Fidelity National Title Ins
Palabasan Ignacio $400,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Jin Wen $1,000,000
Closed Zhang Jin Wen $1,000,000
Previous Owner Palabasan Ignacio $359,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2023 01/18/23 Sold $1,620,000 +1.3% $622 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $1,599,000 -- $614 / 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 $9,931 $52,381 $10,515 $41,866
2024 $9,931 $49,446 $11,801 $37,645
2023 $9,852 $49,050 $10,769 $38,281
2022 $9,241 $108,960 $23,040 $85,920
2021 $8,895 $90,300 $23,040 $67,260
2020 $8,944 $86,520 $23,040 $63,480
2019 $8,327 $89,340 $23,040 $66,300
2018 $8,035 $40,875 $10,758 $30,117
2017 $7,564 $38,574 $11,682 $26,892
2016 $6,966 $38,574 $11,682 $26,892
2015 $4,169 $36,376 $15,947 $20,429
2014 $4,169 $34,338 $18,057 $16,281
Source: Public Records

Agents Affiliated with this Home

  • Barbie Li

    Seller's Agent in 2023

    Barbie Li

    B Square Realty

    (646) 889-9988

    107 in this area

    423 Total Sales

    Barbie Li
    Section Image

  • J

    Buyer's Agent in 2023

    Jin Huang

    B Square Realty

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3431437

OneKey® MLS

APN: 05197-0030

New York Queens County Flushing 11355 Flushing

43-18 Parsons Blvd, Flushing, NY

Not Listed for Sale

MultiFamily

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