Seller's Agent in 2023
Tong Jiang
Prospes Real Estate Corp
(347) 925-2373
12 in this area
19 Total Sales
5745 157th St Flushing, NY 11355
Flushing NeighborhoodEstimated Value: $1,211,000 - $2,174,000
7
Beds
4.5
Baths
--
Sq Ft
4,100
Sq Ft Lot
Highlights
- Colonial Architecture
- Ductless Heating Or Cooling System
- Baseboard Heating
- P.S. 163 - Flushing Heights Rated A-
About This Home
As of April 2023This is a rare opportunity for investors and owner occupy property! Beautiful detached brick two family house located in very desirable part of Flushing. House with plenty of windows, makes it a sunny, spacious residence. This well-maintained house featured with excellent interior condition granite counters, stainless steel appliances. Fully finished basement with two gas boilers, two hot water heaters and OSE. Close to LIE, Kissena Park, Schools, Queens College, Shops and mass transportation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,194
Year Built
- Built in 1950 | Remodeled in 2007
Lot Details
- 4,100 Sq Ft Lot
- Lot Dimensions are 41x100
- No Common Walls
Home Design
- Colonial Architecture
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Washer
Parking
- 2 Parking Spaces
- Private Parking
- Driveway
Schools
- Ps 163 Flushing Heights Elementary School
- Is 237 Middle School
- Francis Lewis High School
Utilities
- Ductless Heating Or Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Additional Features
- Finished Basement
Listing and Financial Details
- Exclusions: A/C Units,Refrigerator,Washer
- Legal Lot and Block 41 / 6724
- Assessor Parcel Number 06724-0041
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2022
Closed on
Apr 25, 2023
Sold by
Ahmad Fazel and Ahmad Said
Bought by
Wang Xiaolu
Seller's Agent
Tong Jiang
Prospes Real Estate Corp
Buyer's Agent
Minhua Feng
B Square Realty
List Price
$2,300,000
Sold Price
$1,950,000
Premium/Discount to List
-$350,000
-15.22%
Total Days on Market
91
Views
28
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
-$191,585
Avg. Annual Appreciation
-1.80%
Original Mortgage
$700,000
Outstanding Balance
$686,917
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,192,042
Purchase Details
Closed on
Sep 22, 2003
Sold by
Simeone Andrew and As Trustee
Bought by
Ahmad Fazel and Ahmad Said
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 1998
Sold by
Simeone Andrew and Simeone Dorothy
Bought by
Simeone Dorothy and Simeone Andrew
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 |
|---|---|---|---|
| Wang Xiaolu | $1,950,000 | -- | |
| Wang Xiaolu | $1,950,000 | -- | |
| Ahmad Fazel | $580,000 | -- | |
| Ahmad Fazel | $580,000 | -- | |
| Simeone Dorothy | -- | -- | |
| Simeone Dorothy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Xiaolu | $700,000 | |
| Closed | Wang Xiaolu | $700,000 | |
| Previous Owner | Ahmad Fazel | $6,527 | |
| Previous Owner | Ahmad Fazel | $413,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2023 04/25/23 | Sold | $1,950,000 | -2.0% | -- |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 01/13/2023 01/13/23 | Price Changed | $1,990,000 | -13.5% | -- |
| 11/30/2022 11/30/22 | For Sale | $2,300,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $12,654 | $63,002 | $9,434 | $53,568 |
| 2023 | $11,938 | $59,437 | $8,746 | $50,691 |
| 2022 | $11,194 | $88,740 | $13,800 | $74,940 |
| 2021 | $11,601 | $73,560 | $13,800 | $59,760 |
| 2020 | $11,668 | $80,880 | $13,800 | $67,080 |
| 2019 | $10,983 | $80,940 | $13,800 | $67,140 |
| 2018 | $10,097 | $49,531 | $9,254 | $40,277 |
| 2017 | $9,525 | $46,728 | $8,020 | $38,708 |
| 2016 | $9,183 | $46,728 | $8,020 | $38,708 |
| 2015 | $5,317 | $45,936 | $11,643 | $34,293 |
| 2014 | $5,317 | $43,752 | $13,302 | $30,450 |
Source: Public Records
Agents Affiliated with this Home
-
Tong Jiang
-
Minhua Feng
Buyer's Agent in 2023
Minhua Feng
B Square Realty
(929) 633-0809
8 in this area
18 Total Sales
Map
Similar Homes in the area
Source: OneKey® MLS
MLS Number: KEY3446225
APN: 06724-0041
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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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