NOT LISTED FOR SALE

57-40 162nd St Flushing, NY 11365

Flushing Neighborhood

Estimated Value: $1,140,879 - $1,484,000

4 Beds
2.5 Baths
-- Sq Ft
4,000 Sq Ft Lot

Last Sold December 16, 2019

Last sale price $1,235,000

Est. 9% increase in value since last sale

Current estimated payment $7,920/month

95 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Primary Bedroom
  • P.S. 163 - Flushing Heights Rated A-
  • Wood Flooring
  • Den

About This Home

As of December 2019

Legal 2 Family with FULL basement and separate SIDE entrance. Conveniently located 1 block to Kissena Park, near bus stop and easy access to L.I.E. House features gourmet Chef's Granite kitchen with SS appliances, hardwood floors, and private backyard. Basement includes laundry room, work bench and a cedar closet. A must see to appreciate

Last Agent to Sell the Property

Edward Lee

Keller Williams Realty Greater License #10491205915 Listed on: 06/13/2019

Keller Williams Realty Greater

Co-Listed By

Jennifer Lee

Keller Williams Realty Greater License #10491205914

Last Buyer's Agent

Yongzhen Liu

Voro LLC License #10401281858

Voro LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,849

Year Built

  • Built in 1950

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Den
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 50 / 6728
  • Assessor Parcel Number Q06728-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,849

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Exp Cape
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Building Size: 25x40
  • Year Built: 1950
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Den/Family Room, Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished
  • Inclusions: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Yes
  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Number: 25

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.00
  • Parcel Number: Q06728-0050
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2019-12-16
  • Tax Annual Amount: 8849.00
  • Tax Block: 6728
  • Tax Lot: 50
  • Tax Map Number: Q06728-0050

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Dec 16, 2019
Sold by
Giudice Norma
Bought by
Chiu Kam Sau and Zheng Chunyao
Seller's Agent
Edward Lee
Keller Williams Realty Greater
Buyer's Agent
Yongzhen Liu
Voro LLC
List Price
$1,299,000
Sold Price
$1,235,000
Premium/Discount to List
-$64,000
-4.93%
Current Estimated Value
$1,347,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,970
Avg. Annual Appreciation
1.50%
Original Mortgage
$802,750
Outstanding Balance
$709,122
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$638,848

Purchase Details

Closed on
May 17, 1996
Sold by
Giudice Eugene and Giudice Anella
Bought by
Giudice Norma
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chiu Kam Sau $1,235,000 --
Chiu Kam Sau $1,235,000 --
Giudice Norma -- Lawyers Title Insurance Corp
Giudice Norma -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiu Kam Sau $802,750
Closed Chiu Kam Sau $802,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $1,235,000 -4.9% --
09/16/2019 09/16/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $1,299,000 -- --
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
2025 $10,195 $53,804 $10,876 $42,928
2024 $10,195 $50,761 $12,291 $38,470
2023 $10,104 $50,304 $10,770 $39,534
2022 $9,527 $68,340 $14,760 $53,580
2021 $10,002 $67,860 $14,760 $53,100
2020 $9,491 $69,360 $14,760 $54,600
2019 $8,556 $66,960 $14,760 $52,200
2018 $8,248 $41,920 $9,992 $31,928
2017 $7,807 $39,770 $11,416 $28,354
2016 $7,607 $39,770 $11,416 $28,354
2015 $4,305 $37,364 $12,863 $24,501
2014 $4,305 $35,251 $14,257 $20,994
Source: Public Records

Agents Affiliated with this Home

  • Edward Lee

    Seller's Agent in 2019

    Edward Lee

    Keller Williams Realty Greater

    (646) 523-9872

    3 in this area

    32 Total Sales

    Edward Lee
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jennifer Lee

    Keller Williams Realty Greater

    (516) 873-7100

    3 in this area

    18 Total Sales

    Jennifer Lee
    Section Image
  • Yongzhen Liu

    Buyer's Agent in 2019

    Yongzhen Liu

    Voro LLC

    (917) 434-9005

    2 in this area

    8 Total Sales

    Yongzhen Liu
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3138665

OneKey® MLS

APN: 06728-0050

New York Queens County Flushing 11365 Flushing

57-40 162nd St, Flushing, NY

This home is located at 57-40 162nd St, Flushing, NY 11365 since 13 June 2019 and is currently estimated at $1,347,970. This property was built in 1950. 57-40 162nd St is a home located in Queens County with nearby schools including P.S. 163 - Flushing Heights, Rachel Carson I.S. 237Q, and Francis Lewis High School.

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