NOT LISTED FOR SALE

Estimated Value: $1,417,000 - $1,606,000

8 Beds
4 Baths
2,288 Sq Ft
$652/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $1,250,000 $546 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,969/month

39 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Detached Garage
  • P.S. 120 - Queens Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of February 2018

Corner Two Family House Located In A Desirable Area In The Center Of Flushing. Big Lot Size 4000 With R4-1 Zoning. 22*52 Building Size. First Floor 4 Bedroom And Full Bath, Second Floor 4 Bedroom And 2 Full Bath. Fully Finished Basement. Separate Gas And Electricty Meters. Move In Condition. Great For Investment Property., Additional information: Appearance:Good,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Michelle Chen

East Coast REALTORS Inc Brokerage Phone: 718-428-6888 License #10301221574 Listed on: 09/18/2017

Last Buyer's Agent

Michelle Chen

East Coast REALTORS Inc Brokerage Phone: 718-428-6888 License #10301221574 Listed on: 09/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,331

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • Detached Garage

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 70 / 6367

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,331

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1925
  • Attribution Contact: 718-428-6888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Basement YN: No

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40X100
  • Lot Size Sq Ft: 4000
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 8331
  • Tax Block: 6367
  • Tax Lot: 70

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Feb 8, 2018
Sold by
Kuo Nancy Ju Hsin
Bought by
Chi Yu Qun and Lin Hui
Seller's Agent
Michelle Chen
East Coast REALTORS Inc
Buyer's Agent
Michelle Chen
East Coast REALTORS Inc
List Price
$1,588,000
Sold Price
$1,250,000
Premium/Discount to List
-$338,000
-21.28%
Current Estimated Value
$1,491,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,029
Avg. Annual Appreciation
2.86%
Original Mortgage
$870,000
Outstanding Balance
$741,153
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$804,800

Purchase Details

Closed on
Oct 26, 2015
Sold by
Hsiao Ching Shi and Kuo Nancy Ju
Bought by
Kuo Nancy Ju Hsin

Purchase Details

Closed on
Jan 29, 2004
Sold by
Hsiao Ching Shi and Yang Su Chin
Bought by
Hsiao Ching Shi and Kuo Nancy Ju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,951
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2001
Sold by
Bellino Grace
Bought by
Hsiao Ching Shi and Yang Su Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.93%
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
Chi Yu Qun $1,249,000 --
Chi Yu Qun $1,249,000 --
Kuo Nancy Ju Hsin -- --
Kuo Nancy Ju Hsin -- --
Hsiao Ching Shi -- --
Hsiao Ching Shi -- --
Hsiao Ching Shi -- --
Hsiao Ching Shi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chi Yu Qun $870,000
Closed Chi Yu Qun $870,000
Previous Owner Hsiao Ching Shi $248,696
Previous Owner Hsiao Ching Shi $250,000
Previous Owner Hsiao Ching Shi $57,951
Previous Owner Hsiao Ching Shi $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $1,250,000 -- --
02/12/2018 02/12/18 Sold $1,250,000 -21.3% $546 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
09/16/2017 09/16/17 For Sale $1,588,000 -- $694 / Sq Ft
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 $10,134 $53,481 $9,965 $43,516
2024 $10,134 $50,454 $8,847 $41,607
2023 $10,099 $50,281 $9,218 $41,063
2022 $9,970 $78,000 $17,160 $60,840
2021 $9,942 $83,400 $17,160 $66,240
2020 $9,434 $79,500 $17,160 $62,340
2019 $8,795 $79,440 $17,160 $62,280
2018 $8,542 $41,901 $8,890 $33,011
2017 $8,495 $41,674 $11,943 $29,731
2016 $7,870 $41,674 $11,943 $29,731
2015 $4,522 $37,140 $12,088 $25,052
2014 $4,522 $35,038 $10,924 $24,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L2971880

OneKey® MLS

APN: 06367-0070