NOT LISTED FOR SALE

Estimated Value: $962,239 - $1,238,000

5 Beds
3 Baths
-- Sq Ft
2,626 Sq Ft Lot

Last Sold December 20, 2022

Last sale price $1,100,000

Est. 3% decrease in value since last sale

Current estimated payment $6,412/month

51 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Den
  • Cathedral Ceiling
  • Granite Countertops
  • Balcony

About This Home

As of December 2022

Beautifully finished legal 2 family house in the heart of Middle Village with full finished basement and separate entrance. This legal 2 family property features a 2 car garage with additional parking in the back. Walk into a large living room, 2 bedrooms, 1 bathroom, dining room, and an eat-in-kitchen on the 1st floor. The second floor features an open concept living room, kitchen, and dining room with 3 bedrooms, 1 bathroom with laundry. This property is being delivered vacant and great income producing potential. Conveniently located off Fresh Pond Road near shops, restaurants, major highways, and public transportation (Trains - M, express bus to Manhattan - QM24, QM25, and QM34, and buses - Q38, Q39, Q54, Q58, and Q67).

Last Agent to Sell the Property

Tiffany Wong

Tiffany Moves You Inc License #10311209132 Listed on: 09/16/2022

Last Buyer's Agent

Ayman Aziz

Keller Williams Realty Greater License #10401316406

Keller Williams Realty Greater

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,351

Year Built

  • Built in 1935

Lot Details

  • 2,626 Sq Ft Lot
  • Lot Dimensions are 26x101
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Garage
  • Shared Driveway
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Ps 71 Forest Elementary School
  • Is 93 Ridgewood Middle School
  • Grover Cleveland High School

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • 3 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 40 / 2764
  • Assessor Parcel Number 02764-0040

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

$6,351

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Levels: Three Or More
  • Year Built: 1935
  • New Construction: No
  • Attribution Contact: 917-981-8736
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: A/C Units, Dishwasher, Dryer, Mailbox, Microwave, Refrigerator, Washer
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • Flood Zone Report: No
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Garage, Parking Lot

Utilities

  • Cooling: Ductless, Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: None

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 71 Forest
  • Middle School: Is 93 Ridgewood
  • High School: Grover Cleveland High School
  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 26x101
  • Lot Size Sq Ft: 2626.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02764-0040
  • Zoning Description: R4-1
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-12-20
  • Tax Annual Amount: 6351.04
  • Tax Block: 2764
  • Tax Lot: 40
  • Tax Map Number: 02764-0040

Multi Family

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

MLS Schools

  • Elementary School: Ps 71 Forest
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Dec 20, 2022
Sold by
Ortiz Daniel and Ortiz Myrna
Bought by
Kerolos Jackline and Mosaad Michael
Seller's Agent
Tiffany Wong
Tiffany Moves You Inc
Buyer's Agent
Ayman Aziz
Keller Williams Realty Greater
List Price
$1,198,000
Sold Price
$1,100,000
Premium/Discount to List
-$98,000
-8.18%
Views
43
Current Estimated Value
$1,070,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,440
Avg. Annual Appreciation
-1.00%
Original Mortgage
$858,000
Outstanding Balance
$830,982
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,578

Purchase Details

Closed on
Jan 17, 2002
Sold by
Ortega Antonio and Ortega Carol
Bought by
Ortiz Daniel and Ortiz Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
7.08%

Purchase Details

Closed on
Dec 4, 1998
Sold by
Rimkunas Joseph and Rimkunas John
Bought by
Ortega Antonio and Ortega Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.74%
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
Kerolos Jackline $1,100,000 --
Kerolos Jackline $1,100,000 --
Ortiz Daniel -- --
Ortiz Daniel -- --
Ortega Antonio $212,000 American Title Ins Co
Ortega Antonio $212,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerolos Jackline $858,000
Closed Kerolos Jackline $858,000
Previous Owner Ortiz Daniel $50,065
Previous Owner Ortiz Daniel $6,144
Previous Owner Ortiz Daniel $3,049
Previous Owner Ortiz Daniel $75,000
Previous Owner Ortiz Daniel $111,993
Previous Owner Ortiz Daniel $60,000
Previous Owner Ortiz Daniel $351,950
Previous Owner Ortega Antonio $90,000
Previous Owner Ortega Antonio $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $1,100,000 -8.2% --
11/06/2022 11/06/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $1,198,000 -- --
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 $7,081 $36,116 $10,654 $25,462
2024 $7,081 $35,254 $10,684 $24,570
2023 $6,735 $33,534 $9,737 $23,797
2022 $6,064 $54,480 $16,620 $37,860
2021 $6,038 $47,100 $16,620 $30,480
2020 $6,075 $49,200 $16,620 $32,580
2019 $5,853 $43,920 $16,620 $27,300
2018 $5,399 $27,945 $10,647 $17,298
2017 $5,105 $26,512 $11,457 $15,055
2016 $4,704 $26,512 $11,457 $15,055
2015 $2,797 $25,081 $12,705 $12,376
2014 $2,797 $24,482 $14,585 $9,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3430760

OneKey® MLS

APN: 02764-0040