NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $2,111,000

7 Beds
4.5 Baths
-- Sq Ft
4,100 Sq Ft Lot

Last Sold April 25, 2023

Last sale price $1,950,000

Est. 8% decrease in value since last sale

Current estimated payment $10,962/month

91 Days on Market

Highlights

  • Colonial Architecture
  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • P.S. 163 - Flushing Heights Rated A-

About This Home

As of April 2023

This 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.

Last Agent to Sell the Property

Tong Jiang

Prospes Real Estate Corp License #10301216998 Listed on: 12/01/2022

Last Buyer's Agent

Minhua Feng

B Square Realty License #10401362697

B Square Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,194

Year Built

Built in 1950 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Exclusions: A/C Units,Refrigerator,Washer
  • Year Built: 1950
  • New Construction: No
  • Year Built Effective: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2007

Interior Features

  • Appliances: Washer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished
  • Inclusions: A/C Units,Washer
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 237

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 41x100
  • Lot Size Sq Ft: 4100
  • Lot Size Units: Acres
  • Parcel Number: 06724-0041
  • Zoning Description: R3X
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-12-02

Rental Info

  • Lease Considered: No
  • Available Date: 2023-06-01

Multi Family

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

Tax Info

  • Tax Annual Amount: 11194
  • Tax Block: 6724
  • Tax Lot: 41
  • Tax Map Number: 06724-0041

MLS Schools

  • Elementary School: Ps 163 Flushing Heights
  • High School: Francis Lewis High School
  • Middle School District: Queens 25

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%
Views
28
Current Estimated Value
$1,793,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,211
Avg. Annual Appreciation
-4.53%
Original Mortgage
$700,000
Outstanding Balance
$682,704
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,075,711

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
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
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

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 $12,654 $66,148 $8,825 $57,323
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

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Map

Source: OneKey® MLS

MLS Number: KEY3446225

OneKey® MLS

APN: 06724-0041