NOT LISTED FOR SALE

Estimated Value: $1,149,375 - $1,345,000

5 Beds
2 Baths
1,768 Sq Ft
$723/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $1,150,000 $650 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,460/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Eat-In Kitchen
  • I.S. 25 Adrien Block Rated A-
  • 2 Car Detached Garage
  • 3-minute walk to Martin's Playground

About This Home

As of May 2021

This beautiful sunny and a bright legal 2 Family detached house has 2 car garage and extra parking space in rear. 1st Floor features 2 bed rooms with a den/office, living room and a new updated Eat in kitchen. Upper level offers Eat in kitchen, living room, 2 bed rooms with a den/office, full bath. Close to transportation, shopping, and schools. Tenants occupied, Please 24-48 Hours notice., Additional information: Appearance:Good

Last Agent to Sell the Property

Peter Chong

East Coast REALTORS Inc Brokerage Phone: 718-428-6888 License #30CH0986617 Listed on: 03/09/2021

East Coast REALTORS  Inc

Last Buyer's Agent

Cindy Chen

E Realty International Corp License #10401330810

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,970

Year Built

  • Built in 1925

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 19 / 5422
  • Assessor Parcel Number 05422-0019

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,970

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1925
  • Attribution Contact: 718-428-6888
  • CurrentPrice: 1150000.00
  • MlsMajorChangeType: Price Increase
  • ListPrice_By_OriginalListPrice: 1.09174
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Detached, Private

Utilities

  • Heating: Hot Water, Natural Gas
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 05422-0019
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6970
  • Tax Block: 5422
  • Tax Lot: 19

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 26, 2021
Sold by
Lee Ming Tao and Wei Li Chih
Bought by
Chen Kaiying
Seller's Agent
Peter Chong
East Coast REALTORS Inc
Buyer's Agent
Cindy Chen
E Realty International Corp
List Price
$1,090,000
Sold Price
$1,150,000
Premium/Discount to List
$60,000
5.5%
Current Estimated Value
$1,277,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,844
Avg. Annual Appreciation
2.35%
Original Mortgage
$862,500
Outstanding Balance
$780,886
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$496,958

Purchase Details

Closed on
Apr 18, 2008
Sold by
Alvarez Thania and Perez Ivan
Bought by
Lee Ming Tao and Wei Li Chih

Purchase Details

Closed on
Feb 23, 1998
Sold by
Campadonico Pelligrina and Traficante Charles
Bought by
Perez Ivan and Alvarez Thania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,960
Interest Rate
7.04%
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
Chen Kaiying $1,150,000 --
Lee Ming Tao $685,000 --
Perez Ivan $254,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Kaiying $862,500
Previous Owner Perez Ivan $228,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $1,150,000 +5.5% $650 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,090,000 -- $617 / 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 $9,111 $48,085 $14,277 $33,808
2024 $9,111 $45,364 $15,303 $30,061
2023 $8,596 $42,798 $13,088 $29,710
2022 $8,544 $69,480 $20,220 $49,260
2021 $3,810 $62,340 $20,220 $42,120
2020 $3,582 $66,360 $20,220 $46,140
2019 $3,295 $65,340 $20,220 $45,120
2018 $2,976 $35,665 $11,129 $24,536
2017 $2,989 $35,665 $12,455 $23,210
2016 $2,917 $35,665 $12,455 $23,210
2015 $3,838 $33,393 $16,177 $17,216
2014 $3,838 $31,503 $18,324 $13,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3293351

OneKey® MLS

APN: 05422-0019