Seller's Agent in 2023
Dimitrios Koufakos
Modern Spaces Love Your Place
(718) 777-2232
2 in this area
20 Total Sales
525 49th Ave Long Island City, NY 11101
Hunters Point NeighborhoodEstimated Value: $1,548,000 - $2,214,000
3
Beds
2
Baths
1,530
Sq Ft
$1,231/Sq Ft
Est. Value
Highlights
- Senior Community
- 2-minute walk to Vernon Boulevard-Jackson Avenue
- Main Floor Bedroom
- Property is near public transit
- Wood Flooring
- 1-minute walk to Andrews Grove
About This Home
As of April 2023Beautifully remodeled throughout and bursting with bespoke character, this stunning Long Island City townhome is a rare find! Perfectly placed on a sought-after tree-lined street directly across from the park, this 3-bedroom, 2-bath brick residence has no shortage of curb appeal. Gorgeous millwork, recessed lighting, gleaming hardwood floors, and skylights combine to create an interior that's equal parts modern comfort and timeless elegance. Stainless steel appliances, ample white cabinetry, and a chic subway tile backsplash adorn the kitchen, sure to please the avid cook. Ready to host outdoor events and gatherings? Usher guests to your private backyard where you'll find extra space for entertaining. Adding the potential for rental income, this home is approved for use as a dual residence. A fabulous location means you'll be close to Vernon Boulevard, known for an abundance of shops and dining options, the LIC Waterfront, and a station down the block where you can catch the 7 Train. Style, function, and more await you in this must-see abode. Come for a tour before the opportunity is gone for good! 1,722 Unused FAR Please consult with architect Parking Available for an additional fee
Last Agent to Sell the Property
Modern Spaces Love Your Place License #10401362217 Listed on: 01/18/2023
Last Buyer's Agent
Modern Spaces Love Your Place License #10401362217 Listed on: 01/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,108
Year Built
- Built in 1900 | Remodeled in 2022
Lot Details
- 1,400 Sq Ft Lot
- Lot Dimensions are 14x100
- Two or More Common Walls
- South Facing Home
- Back Yard Fenced
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Skylights
- 1 Fireplace
- Den
- Storage
- Wood Flooring
- Park or Greenbelt Views
- Finished Basement
- Walk-Out Basement
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Ps 111 Jacob Blackwell Elementary School
- Ps/Is 78 Middle School
- Academy Of American Studies High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- Private Water Source
Additional Features
- Porch
- Property is near public transit
Community Details
Overview
- Senior Community
- 2 Units
Recreation
- Park
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2023
Closed on
Apr 24, 2023
Sold by
Juris As Trustee Deanna and The Quercia Family 2016 Irrevocable Trus
Bought by
Horan Julia and Horan Rory
Seller's Agent
Dimitrios Koufakos
Modern Spaces Love Your Place
Buyer's Agent
Dimitrios Koufakos
Modern Spaces Love Your Place
List Price
$1,198,000
Sold Price
$1,950,000
Premium/Discount to List
$752,000
62.77%
Views
107
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,331
Avg. Annual Appreciation
0.55%
Original Mortgage
$1,560,000
Outstanding Balance
$1,519,860
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$455,869
Purchase Details
Closed on
Apr 25, 2016
Sold by
Quercia Anthony and Quercia Donna M
Bought by
Deanna Juris Trustee and Quercia Family 2016 Irrevocable Trust
Purchase Details
Closed on
Jan 26, 1994
Sold by
Quercia Cataldo B
Bought by
Quercia Anthony and Quercia Donna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Horan Julia | $1,950,000 | -- | |
| Deanna Juris Trustee | -- | -- | |
| Quercia Anthony | $150,000 | American Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Horan Julia | $1,560,000 | |
| Closed | Horan Julia | $195,000 | |
| Previous Owner | Quercia Anthony | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2023 04/24/23 | Sold | $1,950,000 | -1.9% | $1,275 / Sq Ft |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | Price Changed | $1,988,000 | -9.6% | $1,299 / Sq Ft |
| 01/18/2023 01/18/23 | Price Changed | $2,198,000 | +83.5% | $1,437 / Sq Ft |
| 01/18/2023 01/18/23 | For Sale | $1,198,000 | -- | $783 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $6,197 | $32,704 | $6,129 | $26,575 |
| 2024 | $6,197 | $30,854 | $5,697 | $25,157 |
| 2023 | $6,197 | $30,854 | $6,266 | $24,588 |
| 2022 | $4,506 | $64,500 | $15,720 | $48,780 |
| 2021 | $6,079 | $53,460 | $15,720 | $37,740 |
| 2020 | $5,769 | $55,080 | $15,720 | $39,360 |
| 2019 | $5,379 | $60,660 | $15,720 | $44,940 |
| 2018 | $5,379 | $25,712 | $6,657 | $19,055 |
Source: Public Records
Agents Affiliated with this Home
-
Dimitrios Koufakos
Map
Source: OneKey® MLS
MLS Number: KEY3453160
APN: 00031-0017
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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