NOT LISTED FOR SALE

Estimated Value: $1,800,000 - $2,465,085

7 Beds
4 Baths
3,200 Sq Ft
$642/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $1,500,000 $469 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,417/month

160 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Forest Hills Station
  • Building Terrace
  • Ps 101 School In The Gardens Rated A
  • Terrace
  • 5-minute walk to Hawthorne Park Forest Hills

About This Home

As of June 2023

Brick beauty located in coveted Forest Hills Gardens. Step into this unique townhouse at over 3200 sq ft across 4 floors. Semi-detached, legal two family with original detail throughout. Original floors and arches, high ceilings and tons of potential. The upper unit features 5 bedrooms and 3 bathrooms over two levels with expansive ceilings and a breakfast terrace. The lower unit features 2 bedrooms, 2 bathrooms and a fully finished basement. Moments away from the shops and restaurants that line popular Austin St. Easy access to the LIRR and multiple subway options makes this home a commuter's dream.

Last Agent to Sell the Property

Bianca Colasuonno

Compass License #10401384208 Listed on: 11/07/2022

Compass

Co-Listed By

Chris Palmer

Compass License #10401359290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,232

Year Built

  • Built in 1930

Lot Details

  • 871

Home Design

  • Pre War Building

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Terrace
  • Lot Dimensions are 30.0 x 31.0

Community Details

  • Forest Hills Subdivision
  • Building Terrace

Listing and Financial Details

  • Legal Lot and Block 57 / 3254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,232

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Middlemay Circle/Burns Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Forest Hills
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 3200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 7

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 30.0 x 31.0

Building Info

  • Total Stories: 2
  • Year Built: 1930

Tax Info

  • Tax Block: 3254
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jun 26, 2023
Sold by
Marie E Driscoll Trustee and Robert O Stallone Trustee
Bought by
Bi Mingdong and Jiang Shenghong
Seller's Agent
Bianca Colasuonno
Compass
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%
Views
191
Current Estimated Value
$2,055,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,695
Avg. Annual Appreciation
14.69%
Original Mortgage
$1,200,000
Outstanding Balance
$1,169,184
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$886,511

Purchase Details

Closed on
Jul 10, 2013
Sold by
Stallone Evelyn
Bought by
Stallone Family Trust U/T/D July 10 201
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bi Mingdong $1,500,000 --
Stallone Family Trust U/T/D July 10 201 -- --
Stallone Family Trust U/T/D July 10 201 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bi Mingdong $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $1,500,000 -3.2% $469 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $1,550,000 -8.8% $484 / Sq Ft
02/23/2023 02/23/23 Price Changed $1,700,000 0.0% $531 / Sq Ft
02/23/2023 02/23/23 For Sale $1,700,000 +13.3% $531 / Sq Ft
12/05/2022 12/05/22 Off Market $1,500,000 -- --
11/07/2022 11/07/22 For Sale $2,190,000 -- $684 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $18,232 $96,216 $5,861 $90,355
2024 $18,232 $90,773 $5,465 $85,308
2023 $18,232 $90,773 $4,911 $85,862
2022 $17,984 $194,520 $11,400 $183,120
2021 $17,886 $169,800 $11,400 $158,400
2020 $14,272 $146,040 $11,400 $134,640
2019 $15,824 $136,920 $11,400 $125,520
2018 $15,420 $75,644 $6,834 $68,810
2017 $15,304 $75,074 $7,933 $67,141
2016 $14,159 $75,074 $7,933 $67,141
2015 $8,542 $66,817 $10,545 $56,272
2014 $8,542 $63,037 $11,047 $51,990
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10861078

Real Estate Board of New York (REBNY)

APN: 03254-0057