NOT LISTED FOR SALE

Estimated Value: $1,025,937 - $1,396,000

5 Beds
3 Baths
2,880 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $975,000 $339 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,669/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Heating System Uses Steam
  • P.S. 229 Emanuel Kaplan Rated A-
  • Skylights
  • Carpet

About This Home

As of September 2021

This contractor owned, completely detached legal 3 family (MDR# 409569) has seen extensive recent updates. Brand new rubber roof, boiler, water main, waste line, windows and much much more. Beautifully done kitchens and baths. Low, Low taxes ($3,267). Wonderful relaxing backyard with a private terrace, a 14x25 composite deck and a stately shady pine tree for those sunny summer days. Convenient location, close to schools, shopping and transportation. Great financial choice to live and collect 2 additional rents or a very efficient straight investment property., Additional information: Appearance:Mint,Separate Hotwater Heater:N

Last Agent to Sell the Property

John O'Kane

O Kane Realty Brokerage Phone: 718-779-1111 License #30OK0732658 Listed on: 02/05/2021

Last Buyer's Agent

Xin Zhang

Landmark International R E LLC License #10401332491

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

  • Triplex
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Skylights
  • Formal Dining Room
  • Carpet
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 19 / 2404
  • Assessor Parcel Number 02404-0019

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,267

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Year Built: 1910
  • Attribution Contact: 718-779-1111
  • CurrentPrice: 975000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Basement: Partial, Unfinished
  • Total Bedrooms: 5
  • Fireplace: No
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Oil, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Parcel Number: 02404-0019
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R4-1

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3267
  • Tax Block: 2404
  • Tax Lot: 19

MLS Schools

  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Sep 3, 2021
Sold by
Minsky Brian J and Minsky Jonathan
Bought by
Li Ding and Li Guangrong
Seller's Agent
John O'Kane
O Kane Realty
Buyer's Agent
Xin Zhang
Landmark International R E LLC
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%
Current Estimated Value
$1,206,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,979
Avg. Annual Appreciation
5.19%
Original Mortgage
$585,000
Outstanding Balance
$529,980
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$676,999

Purchase Details

Closed on
Mar 16, 1999
Sold by
Minsky Brian J and Minsky Lawrence C
Bought by
Minsky Brian J and Minsky Jonathan
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
Li Ding $975,000 --
Li Ding $975,000 --
Minsky Brian J -- First American Title Ins Co
Minsky Brian J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Ding $585,000
Closed Li Ding $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $975,000 -2.4% $339 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $999,000 -- $347 / 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 $3,540 $18,631 $2,268 $16,363
2024 $3,540 $17,626 $2,512 $15,114
2023 $3,367 $16,765 $2,152 $14,613
2022 $3,347 $72,840 $11,220 $61,620
2021 $3,347 $72,420 $11,220 $61,200
2020 $2,323 $79,620 $11,220 $68,400
2019 $3,073 $72,660 $11,220 $61,440
2018 $2,848 $13,971 $3,031 $10,940
2017 $2,848 $13,971 $3,041 $10,930
2016 $2,650 $13,971 $3,041 $10,930
2015 $1,590 $12,938 $5,361 $7,577
2014 $1,590 $12,240 $5,228 $7,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3285903

OneKey® MLS

APN: 02404-0019