NOT LISTED FOR SALE

Estimated Value: $1,056,000 - $1,325,000

3 Beds
3 Baths
1,967 Sq Ft
$600/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $1,050,000 $534 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,098/month

37 Days on Market

About This Home

As of December 2020

Beautiful Detached Spacious Legal 2 Family House With Oversize 5880 Sqft Property ! Good For Large Family & Great Investment With Lots Of Potential, Convenient Location Easy Access To Transportation All Major Highways Buses, Close To Supermarkets And All Other Shopping Top Sd.# 26 . Ps 221 , Ms.67, Cardozo Hs. Don't Miss It. Whole House Can Be Delivered Vacant !!, Additional information: Appearance:Good

Last Agent to Sell the Property

David Tair

RE/MAX 1st Choice Brokerage Phone: 516-888-6000 License #10491207120 Listed on: 09/13/2020

RE/MAX 1st Choice

Last Buyer's Agent

Deborah Gabriel-Lucas

Compass Greater NY LLC License #10401260895

Compass Greater NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,300

Year Built

  • Built in 1950

Lot Details

  • 5,880

Home Design

  • Duplex
  • 3-Story Property
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Additional Features

  • Basement Fills Entire Space Under The House
  • 5,880 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 74 / 8305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,300

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level, Three Or More
  • Year Built: 1950
  • Attribution Contact: 516-888-6000
  • CurrentPrice: 1050000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Fireplace: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 55x111 IRR
  • Lot Size Sq Ft: 5880
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 10300
  • Tax Block: 8305
  • Tax Lot: 74

MLS Schools

  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Dec 15, 2020
Sold by
Falabella Anthony Joel
Bought by
Tao Yu-Hao and Tsang Hong Kit
Seller's Agent
David Tair
RE/MAX 1st Choice
Buyer's Agent
Deborah Gabriel-Lucas
Compass Greater NY LLC
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Current Estimated Value
$1,179,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,667
Avg. Annual Appreciation
2.37%
Original Mortgage
$840,000
Outstanding Balance
$745,773
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,894

Purchase Details

Closed on
Aug 12, 2015
Sold by
Falabella Marie V
Bought by
Falabella Anthony Joel

Purchase Details

Closed on
Sep 3, 1996
Sold by
Falabella Joseph F and Falabella Marie V
Bought by
Falabella Anthony Joel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tao Yu-Hao $1,050,000 --
Tao Yu-Hao $1,050,000 --
Tao Yu-Hao $1,050,000 --
Falabella Anthony Joel -- --
Falabella Anthony Joel -- --
Falabella Anthony Joel -- --
Falabella Anthony Joel -- --
Falabella Anthony Joel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Yu-Hao $840,000
Closed Tao Yu-Hao $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2020 12/15/20 Sold $1,050,000 -16.0% $534 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $1,250,000 -- $635 / 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 $10,715 $56,548 $15,370 $41,178
2024 $10,715 $53,347 $17,367 $35,980
2023 $10,715 $53,347 $15,190 $38,157
2022 $10,713 $64,860 $17,580 $47,280
2021 $10,531 $58,980 $17,580 $41,400
2020 $9,069 $64,860 $17,580 $47,280
2019 $8,404 $59,340 $17,580 $41,760
2018 $8,178 $44,456 $11,640 $32,816
2017 $8,309 $43,959 $13,939 $30,020
2016 $7,661 $43,959 $13,939 $30,020
2015 $4,577 $39,269 $12,826 $26,443
2014 $4,577 $37,047 $14,524 $22,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3251817

OneKey® MLS

APN: 08305-0074