NOT LISTED FOR SALE

Estimated Value: $1,085,105 - $1,414,000

5 Beds
2 Baths
2,128 Sq Ft
$575/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $1,295,000 $609 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,440/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Heating System Uses Steam
  • Property is near public transit
  • 2 Car Detached Garage
  • East Facing Home

About This Home

As of November 2022

THIS STATELY, COMPLETELY DETACHED, SOLID BRICK TWO FAMILY HOME IS PERFECTLY POSITIONED ON A SPACIOUS, OVERSIZED 4,200 SQUARE FOOT LOT. THE HOUSE FEATURES ELEVEN ROOMS ( 6 OVER 5 ) AND A FULL FINISHED BASEMENT. THE HUGE PROPERTY PROVIDES AN ABUNDANCE OF PARKING WITH IT'S TWO CAR DETACHED GARAGE AND LARGE PRIVATE DRIVEWAY THAT CAN EASILY ACCOMODATE MULTIPLE OTHER VEHICLES. IN ADDITION, THERE IS PLENTY OF GREEN SPACE THAT'S GREAT FOR ENTERTAINING OR TO HELP YOU ENJOY THOSE BREEZY SUMMER NIGHTS. AMAZING LOCATION ONLY 1/2 BLOCK FROM GRAND AVE WITH ALL IT'S DINING, SHOPPING AND TRANSPORTAION NEEDS. BOTH THE Q58 & Q59 STOP RIGHT ON THE CORNER. WONDERFUL EDUCATION PROXIMITY WITH THREE SCHOOLS ALL WITHIN A FEW BLOCKS( MASPETH HIGH, IS 73 AND PS SCHOOL OF HEROES) THE ENTIRE HOUSE CAN BE DELIVERED VACANT ON CLOSING.

Last Agent to Sell the Property

John O'Kane

O Kane Realty License #30OK0732658 Listed on: 08/03/2022

Last Buyer's Agent

Angelina Huang

E Realty International Corp License #10401287960

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,596

Year Built

  • Built in 1910

Lot Details

  • 3,167 Sq Ft Lot
  • Lot Dimensions are 31x102.17
  • No Common Walls
  • East Facing Home

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 58 School Of Heroes Elementary School
  • Is 73 Frank Sansivieri Inter Middle School
  • Maspeth High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 53 / 2505
  • Assessor Parcel Number 02505-0053

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,596

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Very Good
  • Levels: Two
  • Building Size: 20 x 48
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-779-1111
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Living Area: 2128.00
  • Kitchens: 2
  • Square Footage: 2128.00

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • Flood Zone Date: 2022-08-05
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 58 School Of Heroes
  • Middle School: Is 73 Frank Sansivieri Inter School
  • High School: Maspeth High School
  • Middle School: Is 73 Frank Sansivieri Inter School

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Dimensions: 31x102.17
  • Lot Size Sq Ft: 3167.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02505-0053
  • Zoning Description: R4-1
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-11-09
  • Included in Taxes: Trash
  • Tax Annual Amount: 8596.00
  • Tax Block: 2505
  • Tax Lot: 53
  • Tax Map Number: 02505-0053

Multi Family

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

MLS Schools

  • Elementary School: Ps 58 School Of Heroes
  • High School: Maspeth High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Nov 9, 2022
Sold by
Diano Frances
Bought by
Cao Yikui and Chen Qiang Zhen
Seller's Agent
John O'Kane
O Kane Realty
Buyer's Agent
Angelina Huang
E Realty International Corp
List Price
$1,299,999
Sold Price
$1,295,000
Premium/Discount to List
-$4,999
-0.38%
Views
17
Current Estimated Value
$1,224,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,724
Avg. Annual Appreciation
-1.99%
Original Mortgage
$647,000
Outstanding Balance
$628,195
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$596,081

Purchase Details

Closed on
Jul 7, 1995
Sold by
Guidice Josephine
Bought by
Diano Frances
Source: Public Records

Range of Values:

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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
Cao Yikui $1,295,000 --
Diano Frances -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Yikui $647,000
Previous Owner Diano Frances $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $1,295,000 -0.4% $609 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $1,299,999 -- $611 / 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 $9,240 $46,003 $9,634 $36,369
2024 $9,240 $46,003 $10,435 $35,568
2023 $9,168 $45,646 $9,781 $35,865
2022 $3,639 $60,360 $14,400 $45,960
2021 $3,616 $63,900 $14,400 $49,500
2020 $3,398 $61,680 $14,400 $47,280
2019 $3,351 $52,800 $14,400 $38,400
2018 $3,218 $38,038 $10,881 $27,157
2017 $3,040 $35,887 $11,028 $24,859
2016 $2,763 $35,887 $11,028 $24,859
2015 $1,603 $31,947 $10,366 $21,581
2014 $1,603 $31,947 $11,992 $19,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3420860

OneKey® MLS

APN: 02505-0053