NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,400,000

5 Beds
2 Baths
-- Sq Ft
1,800 Sq Ft Lot

Last Sold February 08, 2024

Last sale price $1,380,000

Est. 3% decrease in value since last sale

Current estimated payment $8,104/month

69 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • P.S. 120 - Queens Rated A-
  • Park

About This Home

As of February 2024

Prime Location Of Downtown Flushing. 2 families with 2 Parking spaces in the backyard. " Photographs are Virtually staged". R6 Zoning, Can Be Extended or Add More Stories, Check With An Architect. One block away from Main Street, 15 Minutes To 7 Train, Convenient To Supermarket, Bus, Library, Grocery Stores...Close To Everything. House sold AS-IS. All Information, Including But Not Limited To Taxes, Lot Size, and Age Of Property Are Not Guaranteed Nor Verified And Should Be Independently Verified.

Last Listed By

Baixue Luan

Century Homes Realty Group LLC Brokerage Phone: 718-886-6800 License #10401269778 Listed on: 10/12/2023

Century Homes Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,476

Year Built

  • Built in 1950

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 20x90
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking
  • Driveway

Schools

  • Ps 120 Elementary School
  • Is 237 Middle School
  • John Bowne High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Walk-Out Basement
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 33 / 5141
  • Assessor Parcel Number 05141-0033

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,476

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 718-886-6800
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Walk-Out Access
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: See Remarks
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 237

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 20x90
  • Lot Size Sq Ft: 1800
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05141-0033
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-13

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7476
  • Tax Block: 5141
  • Tax Lot: 33
  • Tax Map Number: 05141-0033

MLS Schools

  • Elementary School: Ps 120
  • High School: John Bowne High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Feb 8, 2024
Sold by
Hai-Hua Wang 2023 Revocable Trust and Kuo Cheng Wang Successor Trustee
Bought by
Chen Ping
Seller's Agent
Baixue Luan
Century Homes Realty Group LLC
Buyer's Agent
Baixue Luan
Century Homes Realty Group LLC
List Price
$1,580,000
Sold Price
$1,380,000
Premium/Discount to List
-$200,000
-12.66%
Total Days on Market
69
Views
210
Current Estimated Value
$1,333,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,561
Avg. Annual Appreciation
-2.73%
Original Mortgage
$834,750
Outstanding Balance
$824,132
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$509,307

Purchase Details

Closed on
Mar 20, 2023
Sold by
Wang Yu Ling and Wang Wang
Bought by
Hai-Hua Wang 2023 Revocable Trust and Hai-Hua Wang As Trustee

Purchase Details

Closed on
Jan 31, 2017
Sold by
Wang Hai Hua and Wang Yeung Billy
Bought by
Wang Hai Hua and Wang Yu Ling

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
Chen Ping $1,200,000 --
Chen Ping $1,200,000 --
Hai-Hua Wang 2023 Revocable Trust -- --
Hai-Hua Wang 2023 Revocable Trust -- --
Wang Hai Hua -- --
Wang Hai Hua -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Ping $834,750
Closed Chen Ping $834,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $1,380,000 0.0% --
12/21/2023 12/21/23 Pending -- -- --
11/30/2023 11/30/23 Price Changed $1,380,000 -7.4% --
11/08/2023 11/08/23 Price Changed $1,490,000 -5.7% --
10/12/2023 10/12/23 For Sale $1,580,000 -- --
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
2024 $8,528 $42,458 $8,965 $33,493
2023 $7,282 $40,056 $7,392 $32,664
2022 $3,108 $68,520 $14,760 $53,760
2021 $3,330 $73,320 $14,760 $58,560
2020 $2,920 $64,380 $14,760 $49,620
2019 $3,042 $55,140 $14,760 $40,380
2018 $2,743 $33,380 $10,277 $23,103
2017 $5,794 $31,590 $9,582 $22,008
2016 $3,484 $31,590 $9,582 $22,008
2015 $1,892 $31,251 $12,831 $18,420
2014 $1,892 $29,485 $10,299 $19,186
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3510123

OneKey® MLS

APN: 05141-0033