NOT LISTED FOR SALE

Estimated Value: $876,689 - $1,177,000

4 Beds
3 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold February 26, 2020

Last sale price $850,000

Est. 24% increase in value since last sale

Current estimated payment $6,135/month

79 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • 4-minute walk to Frontera Park
  • Formal Dining Room
  • Hot Water Heating System

About This Home

As of February 2020

Beautiful 2 Family House Situated In The Heart Of Maspeth. It Features 4 Bedrooms, 3 Full Bathrooms, Finished Basement. Excellent condition. Near Mass Transit And Shops, Major Highways And All.

Last Agent to Sell the Property

Charles Chang

Exit Realty Team License #49CH1105136 Listed on: 09/16/2019

Exit Realty Team

Last Buyer's Agent

Charles Chang

Exit Realty Team License #49CH1105136 Listed on: 09/16/2019

Exit Realty Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,296

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Two or More Common Walls

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dryer,Washer
  • Tax Block 2792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,296

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Exclusions: Dryer,Washer
  • Building Size: 18 x 50
  • Year Built: 1925
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished
  • Inclusions: Dishwasher, Oven/Range, Refrigerator
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No
  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Number: 24

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 20 x 100
  • Lot Size Sq Ft: 2000.00
  • Zoning Description: R4-1
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-02-26
  • Tax Annual Amount: 6296.00
  • Tax Block: 2792

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Feb 26, 2020
Sold by
Farrell Alocoque and Farrell Joseph
Bought by
Cai Wu and Wang Qiao Ling
Seller's Agent
Charles Chang
Exit Realty Team
Buyer's Agent
Charles Chang
Exit Realty Team
List Price
$878,000
Sold Price
$850,000
Premium/Discount to List
-$28,000
-3.19%
Current Estimated Value
$1,057,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,672
Avg. Annual Appreciation
3.80%
Original Mortgage
$637,500
Outstanding Balance
$565,663
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$492,009

Purchase Details

Closed on
Mar 25, 1994
Sold by
Renda Peter and Mauro Joseph
Bought by
Farrell Joseph and Farrell Alocoque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cai Wu $850,000 --
Farrell Joseph $145,000 Security Title & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Wu $637,500
Previous Owner Farrell Joseph $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $850,000 -3.2% --
12/04/2019 12/04/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $878,000 -- --
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 $7,254 $37,118 $6,936 $30,182
2024 $7,254 $36,116 $6,340 $29,776
2023 $6,908 $34,396 $6,038 $28,358
2022 $6,523 $54,360 $10,080 $44,280
2021 $6,514 $51,660 $10,080 $41,580
2020 $6,547 $56,760 $10,080 $46,680
2019 $6,296 $56,160 $10,080 $46,080
2018 $5,843 $28,663 $6,019 $22,644
2017 $5,550 $27,228 $6,173 $21,055
2016 $5,157 $27,228 $6,173 $21,055
2015 $2,878 $25,777 $7,184 $18,593
2014 $2,878 $25,081 $8,390 $16,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3164728

OneKey® MLS

APN: 02792-0016