NOT LISTED FOR SALE

58-16 255th St Flushing, NY 11362

Little Neck Neighborhood

Estimated Value: $1,846,000 - $2,108,163

6 Beds
5 Baths
2,860 Sq Ft
$691/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2023

Last sale price $1,813,000 $634 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,055 / mo

51 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • P.S. 221Q The North Hills School Rated A
  • Formal Dining Room
  • Cooling Available

About This Home

As of June 2023

Amazing Newer Construction-Built In 2001 Super Mint Large Solid All Brick Two Family In The Heart Of Little Neck. Oversize 26x55 Building Size & Oversize 50x100 Property ! 3 Br 2 Full Baths Over 3 Br And 2 Baths With Finished Basement W/Sept Entrance. Two Car Garage. Top School Dist #26, Ps 221 and Ms 67, Close to Bus And Supermarket. Eastern Exposure Sunny House !!

Last Agent to Sell the Property

David Tair

RE/MAX 1st Choice License #10491207120 Listed on: 12/26/2022

RE/MAX 1st Choice

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,900

Year Built

  • Built in 2001

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • No Common Walls
  • East Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,860 Sq Ft Home
  • 3-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Oven
  • Washer

Bedrooms and Bathrooms

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

Schools

  • Ps 221 North Hills Elementary School
  • JHS 67 Louis Pasteur Middle School
  • Benjamin N Cardozo High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 88 / 8350
  • Assessor Parcel Number 08350-0088

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,900

Year Built

Built in 2001

Lot Details

5,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 2001
  • New Construction: No
  • BuildingSize: 26x55
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Walk-Out Access
  • Inclusions: A/C Units,Refrigerator,Washer
  • Total Bedrooms: 6
  • Living Area: 2860
  • SquareFootage: 2860.00
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, See Remarks
  • 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: Jhs 67 Louis Pasteur

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • Parcel Number: 08350-0088
  • Zoning Description: R3X
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 15900
  • Tax Block: 8350
  • Tax Lot: 88
  • Tax Map Number: 08350-0088

MLS Schools

  • Elementary School: Ps 221 North Hills School (The)
  • High School: Benjamin N Cardozo High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Apr 18, 2023
Sold by
Yang Guo Ping and Yung Ngan Cho
Bought by
Lin Bin Chi and Lin David
Seller's Agent
David Tair
RE/MAX 1st Choice
Buyer's Agent
Non Member
NonMember
List Price
$1,980,000
Sold Price
$1,813,000
Premium/Discount to List
-$167,000
-8.43%
Views
50
Current Estimated Value
$1,976,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,041
Avg. Annual Appreciation
3.04%
Original Mortgage
$900,000
Outstanding Balance
$875,576
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,100,465

Purchase Details

Closed on
Aug 2, 2001
Sold by
Irastan Inc
Bought by
Yung Ngan Cho and Yang Guo Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Kirby Maria Mendola and Mendola Frances
Bought by
Irastan Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Bin Chi $1,813,000 --
Yung Ngan Cho -- --
Irastan Inc $279,000 Security Title & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Bin Chi $900,000
Previous Owner Yung Ngan Cho $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $1,813,000 -4.5% $634 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
01/17/2023 01/17/23 Price Changed $1,899,000 -4.1% $664 / Sq Ft
12/26/2022 12/26/22 For Sale $1,980,000 -- $692 / Sq Ft
Source: OneKey® MLS

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 $18,939 $95,645 $13,442 $82,203
2024 $18,939 $94,292 $13,195 $81,097
2023 $17,706 $89,555 $13,865 $75,690
2022 $16,579 $94,920 $17,640 $77,280
2021 $16,478 $92,100 $17,640 $74,460
2020 $16,575 $101,220 $17,640 $83,580
2019 $16,145 $93,180 $17,640 $75,540
2018 $14,915 $74,629 $15,762 $58,867
2017 $14,052 $70,405 $15,265 $55,140
2016 $12,968 $70,405 $15,265 $55,140
2015 $8,013 $67,164 $17,199 $49,965
2014 $8,013 $65,481 $16,768 $48,713
Source: Public Records

Agents Affiliated with this Home

  • David Tair

    Seller's Agent in 2023

    David Tair

    RE/MAX

    (917) 406-6026

    15 in this area

    309 Total Sales

    David Tair
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    NonMember

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3449441

OneKey® MLS

APN: 08350-0088

New York Queens County Flushing 11362 Little Neck

58-16 255th St, Flushing, NY

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