NOT LISTED FOR SALE

5940 162nd St Fresh Meadows, NY 11365

Flushing Neighborhood

Estimated Value: $965,000 - $1,050,000

-- Bed
-- Bath
1,360 Sq Ft
$741/Sq Ft Est. Value

About This Home

This home is located at 5940 162nd St, Fresh Meadows, NY 11365 and is currently estimated at $1,008,301, approximately $741 per square foot. 5940 162nd St is a home located in Queens County with nearby schools including P.S. 163 - Flushing Heights, Rachel Carson I.S. 237Q, and Francis Lewis High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Li Shou Qing
Bought by
Chen Lingchen and Chen Xiufang
Current Estimated Value
$1,008,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$443,264
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$565,038

Purchase Details

Closed on
Jun 30, 2020
Sold by
Aleem Abdul and Aleem Rabia
Bought by
Li Shou Qing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2016
Sold by
Aleem Abdul and Farhatullah Mohammed
Bought by
Aleem Abdul and Aleem Rabia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,635
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2005
Sold by
Andrews As Executor Edward S and Estate Of Victor Cappellazzi
Bought by
Aleem Abdul and Farhatullah Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,750
Interest Rate
5.85%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Chen Lingchen $985,000 --
Chen Lingchen $985,000 --
Li Shou Qing $885,000 --
Li Shou Qing $885,000 --
Aleem Abdul -- --
Aleem Abdul -- --
Aleem Abdul $515,000 --
Aleem Abdul $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lingchen $450,000
Closed Chen Lingchen $450,000
Previous Owner Li Shou Qing $575,000
Previous Owner Aleem Abdul $80,635
Previous Owner Aleem Abdul $128,750
Previous Owner Aleem Abdul $386,250
Source: Public Records

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 $7,340 $38,730 $8,532 $30,198
2024 $7,340 $36,547 $8,249 $28,298
2023 $6,994 $34,824 $7,335 $27,489
2022 $6,609 $55,980 $12,120 $43,860
2021 $6,967 $53,880 $12,120 $41,760
2020 $6,536 $52,800 $12,120 $40,680
2019 $6,078 $51,840 $12,120 $39,720
2018 $5,618 $29,020 $7,300 $21,720
2017 $5,324 $27,588 $8,418 $19,170
2016 $5,205 $27,588 $8,418 $19,170
2015 $2,919 $26,896 $9,609 $17,287
2014 $2,919 $25,380 $10,044 $15,336
Source: Public Records

Map

New York Queens County Fresh Meadows 11365 Flushing

5940 162nd St, Fresh Meadows, NY

This home is located at 5940 162nd St, Fresh Meadows, NY 11365 and is currently estimated at $1,008,301, approximately $741 per square foot. 5940 162nd St is a home located in Queens County with nearby schools including P.S. 163 - Flushing Heights, Rachel Carson I.S. 237Q, and Francis Lewis High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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