NOT LISTED FOR SALE

Estimated Value: $1,238,394 - $1,435,000

5 Beds
3 Baths
2,200 Sq Ft
$590/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $1,045,000 $475 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,763/month

46 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Home Office
  • P.S. 221Q The North Hills School Rated A
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of February 2023

Welcome to this charming cape home on a 6,764 SF lot situated in the heart of Douglaston. The first floor features a formal living room with a fireplace, a formal dining room, and a kitchen adjacent to a customized sunroom with a skylight and ample windows facing the spacious backyard and 1 guest rooms and 1 home office. The 2nd floor offers the primary suite and 2 additional well-sized bedrooms and a full bathroom. The fully renovated basement provides extra spaces for the family's recreation. The wide private driveway offers sufficient space to park. The siding and the roof are brand new. The property is conveniently located near all major highways, the golf course, shops, and restaurants. On top of all these, it is zoned to the best schools of SD 26 (P.S. 221, & M.S. 67.)

Last Agent to Sell the Property

Ginny Jiang

Skylux Realty Inc License #10301223479 Listed on: 10/17/2022

Skylux Realty Inc

Co-Listed By

Barbie Li

B Square Realty License #10311207854

Last Buyer's Agent

Fenger Zou

E Realty International Corp License #10401313262

E Realty International Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,649

Year Built

  • Built in 1950

Lot Details

  • 6,902 Sq Ft Lot
  • Lot Dimensions are 58x119

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Home Office
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • No Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 221 North Hills Elementary School
  • JHS 67 Louis Pasteur Middle School
  • Benjamin N Cardozo High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 73 / 8305
  • Assessor Parcel Number 08305-0073

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,649

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape
  • Property SubType: Single Family Residence
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 516-820-8526
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Formal Dining Room, Home Office
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2200.00
  • Kitchens: 1
  • Square Footage: 2200.00

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-10-18
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 67 Louis Pasteur

Lot Info

  • Lot Size Acres: 0.1600
  • Lot Dimensions: 58x119
  • Lot Size Sq Ft: 6902.00
  • Lot Size Units: Acres
  • Parcel Number: 08305-0073
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-02-06
  • Tax Annual Amount: 10649.00
  • Tax Block: 8305
  • Tax Lot: 73
  • Tax Map Number: 08305-0073

MLS Schools

  • Elementary School: Ps 221 North Hills School (The)
  • High School: Benjamin N Cardozo High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Feb 6, 2023
Sold by
Savarese Christopher
Bought by
Wei Shizhi and Wei Xintong
Seller's Agent
Ginny Jiang
Skylux Realty Inc
Buyer's Agent
Fenger Zou
E Realty International Corp
List Price
$1,088,000
Sold Price
$1,045,000
Premium/Discount to List
-$43,000
-3.95%
Views
89
Current Estimated Value
$1,298,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,849
Avg. Annual Appreciation
7.99%
Original Mortgage
$522,500
Outstanding Balance
$505,421
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$793,428

Purchase Details

Closed on
Jan 15, 2021
Sold by
Savarese Christopher
Bought by
Savarese Christopher

Purchase Details

Closed on
Mar 15, 2016
Sold by
Cummins Kimberly and Savarese Christopher
Bought by
Savarese Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2015
Sold by
Savarese Trustee Richard and The Betty Savarese Supplemental Needs Tr
Bought by
Cummins Kimberly and Savarese Christopher

Purchase Details

Closed on
Oct 17, 2011
Sold by
Savarese Deceased Lillian and Savarese Surviving Co-Trustee Richard
Bought by
Savarese Trustee Richard and The Betty J Savarese Supplemental Needs

Purchase Details

Closed on
Nov 27, 2006
Sold by
Savarese Deceased James and Savarese Savarese
Bought by
Savarese Co-Trustee Lillian and Savarese Co-Trustee Richard
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
Wei Shizhi $1,045,000 --
Wei Shizhi $1,045,000 --
Wei Shizhi $1,045,000 --
Savarese Christopher -- --
Savarese Christopher -- --
Savarese Christopher -- --
Savarese Christopher $357,500 --
Savarese Christopher $357,500 --
Savarese Christopher $357,500 --
Cummins Kimberly -- --
Cummins Kimberly -- --
Cummins Kimberly -- --
Savarese Trustee Richard -- --
Savarese Trustee Richard -- --
Savarese Co-Trustee Lillian -- --
Savarese Co-Trustee Lillian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Shizhi $522,500
Closed Wei Shizhi $522,500
Previous Owner Savarese Christopher $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold $1,045,000 -8.2% $475 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $1,138,000 +4.6% $517 / Sq Ft
10/17/2022 10/17/22 For Sale $1,088,000 -- $495 / 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 $11,155 $58,868 $14,323 $44,545
2024 $11,155 $55,537 $16,190 $39,347
2023 $11,155 $55,537 $15,934 $39,603
2022 $10,650 $67,020 $18,540 $48,480
2021 $10,943 $57,420 $18,540 $38,880
2020 $10,384 $63,120 $18,540 $44,580
2019 $9,682 $64,020 $18,540 $45,480
2018 $9,434 $46,281 $12,791 $33,490
2017 $9,062 $44,456 $13,806 $30,650
2016 $8,663 $44,456 $13,806 $30,650
2014 $5,058 $38,568 $14,931 $23,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3437594

OneKey® MLS

APN: 08305-0073