NOT LISTED FOR SALE

Estimated Value: $963,000 - $1,257,000

4 Beds
2 Baths
1,980 Sq Ft
$573/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $930,000 $470 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,642/month

Highlights

  • Property is near public transit
  • Cathedral Ceiling
  • Formal Dining Room
  • P.S. 163 - Flushing Heights Rated A-
  • Wood Flooring
  • Skylights

About This Home

As of October 2020

Priced to Sell ! 22 ft wide ,Legal 2 - Family !!! Two Spacious , renovated, ready to move in apartments units !!! approx. 1000 sq ft per Unit. Great Income producing Home ! Excellent Location , only one block walk to Supermarket, , Library , Restaurants, Q44 , Manhattan shuttle buses , Restaurants and more !, Additional information: Appearance:Excellent

Last Agent to Sell the Property

Virginia Jee

Home Sweet Homes Real Prop Inc Brokerage Phone: 718-460-8838 License #10311202835 Listed on: 05/04/2020

Last Buyer's Agent

XiaJing Wang

United Real Estate Fortune License #10401271371

United Real Estate Fortune

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1940

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22 x 99

Parking

  • Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 163 Flushing Heights Elementary School
  • Is 237 Middle School
  • John Bowne High School

Listing and Financial Details

  • Legal Lot and Block 5 / 6416

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level, Two
  • Year Built: 1940
  • Attribution Contact: 718-460-8838
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Formal Dining, Primary Bathroom
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • Fireplace: No
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Private

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 237

Lot Info

  • Lot Dimensions: 22 x 99
  • Lot Size Sq Ft: 2178
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R-4

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7000
  • Tax Block: 6416
  • Tax Lot: 5

MLS Schools

  • Elementary School: Ps 163 Flushing Heights
  • High School: John Bowne High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Oct 28, 2020
Sold by
5909 Yfr Llc
Bought by
Liu Yu
Seller's Agent
Virginia Jee
Home Sweet Homes Real Prop Inc
Buyer's Agent
XiaJing Wang
United Real Estate Fortune
List Price
$1,025,000
Sold Price
$930,000
Premium/Discount to List
-$95,000
-9.27%
Current Estimated Value
$1,134,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,957
Avg. Annual Appreciation
4.09%
Original Mortgage
$600,000
Outstanding Balance
$533,915
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$601,042

Purchase Details

Closed on
Jun 12, 2015
Sold by
Cheung Qun Ji and Zhang Betty Chiu-Pik
Bought by
5909 Yfr Llc

Purchase Details

Closed on
Dec 5, 2003
Sold by
Kwok Shun Lin
Bought by
Cheung Qun Ji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1997
Sold by
Manz Jon and Miller Else
Bought by
Leung Shun Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Meinking Berta
Bought by
Yi Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%
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
Liu Yu $930,000 --
5909 Yfr Llc $820,000 --
Cheung Qun Ji $280,000 --
Leung Shun Lin $168,000 Ticor Title Guarantee Compan
Yi Mandy $195,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yu $600,000
Previous Owner Cheung Qun Ji $150,000
Previous Owner Leung Shun Lin $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $930,000 -6.8% $470 / Sq Ft
05/16/2020 05/16/20 Price Changed $998,000 -2.6% $504 / Sq Ft
05/04/2020 05/04/20 For Sale $1,025,000 -- $518 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
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 $7,501 $37,348 $5,224 $32,124
2024 $7,501 $37,348 $4,909 $32,439
2023 $7,445 $37,067 $5,109 $31,958
2022 $6,981 $68,280 $9,660 $58,620
2021 $6,943 $60,900 $9,660 $51,240
2020 $6,588 $66,960 $9,660 $57,300
2019 $6,511 $64,860 $9,660 $55,200
2018 $6,297 $30,889 $4,763 $26,126
2017 $3,028 $29,141 $5,411 $23,730
2016 $5,496 $29,141 $5,411 $23,730
2015 $3,339 $25,936 $7,357 $18,579
2014 $3,339 $25,936 $7,334 $18,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3213641

OneKey® MLS

APN: 06416-0005