$950,000
SOLD NOV 20, 2024
4 Beds
3 Baths
-- Sq Ft
2,200 Sq Ft Lot

Recently Sold

4% Below List Price

39 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating
  • P.S. 11 Kathryn Phelan Rated A-
  • Park

About This Home

As of November 2024

This home is located at 48-29 58th Ln, Flushing, NY 11377 and is currently priced at $950,000. This property was built in 1935. 48-29 58th Ln is a home located in Queens County with nearby schools including P.S. 11 Kathryn Phelan, Is 5 The Walter Crowley Intermediate School, and William Cullen Bryant High School.

Last Agent to Sell the Property

Tashi lama

Charles Rutenberg Realty Inc Brokerage Phone: 646-422-9274 License #10301219335 Listed on: 06/26/2024

Charles Rutenberg Realty Inc

Last Buyer's Agent

Tashi lama

Charles Rutenberg Realty Inc Brokerage Phone: 646-422-9274 License #10301219335 Listed on: 06/26/2024

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,526

Year Built

  • Built in 1935

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22x100
  • 1 Common Wall

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Ps 11 Kathryn Phelan Elementary School
  • Is 230 Middle School
  • William Cullen Bryant High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 19 / 2328
  • Assessor Parcel Number 02328-0019

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

$5,526

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: excellent
  • Year Built: 1935
  • New Construction: No
  • Attribution Contact: 646-422-9274
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 230

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 22x100
  • Lot Size Sq Ft: 2200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02328-0019
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5526.4
  • Tax Block: 2328
  • Tax Lot: 19
  • Tax Map Number: 02328-0019

MLS Schools

  • Elementary School: Ps 11 Kathryn Phelan
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Nov 20, 2024
Sold by
Chua Ledden Lee Poh and Pang Leong Tsi
Bought by
Choephel Tenzin and Norbu Ngawang
Seller's Agent
Tashi lama
Charles Rutenberg Realty Inc
Buyer's Agent
Tashi lama
Charles Rutenberg Realty Inc
List Price
$988,000
Sold Price
$950,000
Premium/Discount to List
-$38,000
-3.85%
Total Days on Market
39
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$756,041
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 26, 2024
Closed on
Oct 18, 2024
Sold by
Ledden Lee Poh Chua and Pang Leong Ts
Bought by
Ledden Lee Poh Chua and Pang Leong Tsoi
Seller's Agent
Tashi lama
Charles Rutenberg Realty Inc
Buyer's Agent
Tashi lama
Charles Rutenberg Realty Inc
List Price
$988,000
Sold Price
$950,000
Premium/Discount to List
-$38,000
-3.85%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$756,041
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $950,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 Purchase Money Mortgage
Previous Owner $120,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $950,000 0.0% --
08/05/2024 08/05/24 Pending -- -- --
07/21/2024 07/21/24 Off Market $950,000 -- --
07/20/2024 07/20/24 For Sale $988,000 +4.0% --
07/08/2024 07/08/24 Off Market $950,000 -- --
06/26/2024 06/26/24 For Sale $988,000 -- --
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 $5,526 $27,515 $7,962 $19,553
2023 $5,267 $26,225 $8,347 $17,878
2022 $4,978 $51,660 $15,660 $36,000
2021 $5,248 $50,580 $15,660 $34,920
2020 $5,138 $51,300 $15,660 $35,640
2019 $4,797 $54,720 $15,660 $39,060
2018 $4,455 $21,854 $7,485 $14,369
2017 $4,236 $20,780 $8,059 $12,721
2016 $4,154 $20,780 $8,059 $12,721
2015 $2,364 $20,228 $10,985 $9,243
2014 $2,364 $19,108 $10,887 $8,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3561927

OneKey® MLS

APN: 02328-0019