NOT LISTED FOR SALE

5940 162nd St Fresh Meadows, NY 11365

Flushing Neighborhood

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

4 Beds
2.5 Baths
-- Sq Ft
3,000 Sq Ft Lot

Last Sold July 01, 2020

Last sale price $885,000

Est. 14% increase in value since last sale

Current estimated payment $5,942/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Hot Water Heating System
  • P.S. 163 - Flushing Heights Rated A-
  • Formal Dining Room

About This Home

As of July 2020

LOCATION! LOCATION! LOCATION! R3A Zoning. This unique 4br/2.5 bth colonial is conveniently located off the Northside of the Horace Harding expressway (buses) and 1.5 blocks away from KISSENA PARK. This house features: GAS HEAT, hardwood floors, potential to expand in attic, large full finished basement with separate side entrance and 2 large rooms and laundry. Driveway with a 2 car garage complete the comfortably sized 30x100 lot and rear porch for entertaining., Additional information: Business Located At:,Rental Income:

Last Agent to Sell the Property

Edward Lee

Keller Williams Realty Greater License #10491205915 Listed on: 02/18/2020

Keller Williams Realty Greater

Co-Listed By

Renguang Liang

Keller Williams Realty Greater License #10401298588

Last Buyer's Agent

Edward Lee

Keller Williams Realty Greater License #10491205915 Listed on: 02/18/2020

Keller Williams Realty Greater

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,535

Year Built

  • Built in 1930

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Property is zoned R3A

Parking

  • Private Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Exclusions: Dishwasher
  • Legal Lot and Block 60 / 6739
  • Assessor Parcel Number 06739-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,535

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Exclusions: Dishwasher
  • Year Built: 1930
  • Co List Office Mls Id: KEYKEWG01
  • Co List Office Phone: 516-873-7100
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Private

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 30x100
  • Lot Size Sq Ft: 3000
  • Parcel Number: 06739-0060
  • Property Attached: No
  • Zoning: R3A

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 6535.31
  • Tax Block: 6739
  • Tax Lot: 60

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

Listed on
Feb 18, 2020
Closed on
Jun 30, 2020
Sold by
Aleem Abdul and Aleem Rabia
Bought by
Li Shou Qing
Seller's Agent
Edward Lee
Keller Williams Realty Greater
Buyer's Agent
Edward Lee
Keller Williams Realty Greater
List Price
$888,888
Sold Price
$885,000
Premium/Discount to List
-$3,888
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
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:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $885,000 -- --
07/01/2020 07/01/20 Sold $885,000 -0.4% --
03/09/2020 03/09/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $888,888 -- --
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 $7,340 $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

Agents Affiliated with this Home

  • Edward Lee

    Seller's Agent in 2020

    Edward Lee

    Keller Williams Realty Greater

    (646) 523-9872

    3 in this area

    32 Total Sales

    Edward Lee
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Renguang Liang

    Keller Williams Realty Greater

See All Agents

Map

Source: OneKey® MLS

MLS Number: L3201015

OneKey® MLS

APN: 06739-0060

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 since 18 February 2020 and is currently estimated at $1,008,301. This property was built in 1930. 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.

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