NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,378,000

5 Beds
3 Baths
2,000 Sq Ft
$619/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $1,150,000 $575 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,334/month

38 Days on Market

Highlights

  • Property is near public transit
  • Park
  • West Facing Home
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Level Lot

About This Home

As of January 2024

Location, Location, Location. Great 2 Family house in Flushing, Queens. The second floor apartment features a large 2 Bedroom, 1 Bath Apartment. The larger first floor apartment features 3 Bedrooms, 1 Bath Apartment over a full, finished basement with a full bath and and an outside separate entrance. The house is situated on a 40 x 100 lot and has a private driveway for 2 to 3 cars. Great income producing property. Near All. Major highways, mass transportation, shopping, and dining Walk to Flushing Meadow Park, Queens Botanical Gardens. Its a 10 minute bus ride to Downtown Flushing and NYC Subway access.

Last Agent to Sell the Property

Xingye Fu

EXP Realty Brokerage Phone: 888-276-0630 License #10401357782 Listed on: 09/28/2023

EXP Realty

Co-Listed By

Antonino Artale

EXP Realty Brokerage Phone: 888-276-0630 License #10401289936

Last Buyer's Agent

Glenn Pinzon

EXP Realty License #40PI1114522

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,642

Year Built

  • Built in 1940

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • West Facing Home
  • Level Lot

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Ps 219 Paul Klapper Elementary School
  • Is 250 Robert F Kennedy Comm Middle School (The
  • John Bowne High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 47 / 6392
  • Assessor Parcel Number 06392-0047

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

$9,642

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Two
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 888-276-0630
  • Co List Office Mls Id: ONEEXP02
  • Co List Office Phone: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2000
  • SquareFootage: 2000.00
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: West
  • Construction Materials: Frame, Aluminum Siding
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard, Hot Water
  • Sewer: Sewer
  • Water Source: None
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: yes

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 250 Robert F Kennedy Comm Ms (The

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 06392-0047
  • Zoning Description: R3X
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-09-29

Rental Info

  • Lease Considered: No
  • Tenant Pays: See Remarks
  • Available Date: 2023-12-23

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 9641.92
  • Tax Block: 6392
  • Tax Lot: 47
  • Tax Map Number: 06392-0047
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 219 Paul Klapper
  • High School: John Bowne High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jan 23, 2024
Sold by
Chiovitti Rita
Bought by
Lin Jiawen and Lin Pishui
Seller's Agent
Xingye Fu
EXP Realty
Buyer's Agent
Glenn Pinzon
EXP Realty
List Price
$1,188,000
Sold Price
$1,150,000
Premium/Discount to List
-$38,000
-3.2%
Views
36
Current Estimated Value
$1,237,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,812
Avg. Annual Appreciation
4.01%
Original Mortgage
$550,000
Outstanding Balance
$539,740
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$698,072

Purchase Details

Closed on
Jul 8, 1997
Sold by
Mcdertmott Virginia C
Bought by
Chiovitti Mario and Chiovitti Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Jiawen $1,150,000 --
Lin Jiawen $1,150,000 --
Chiovitti Mario $235,000 --
Chiovitti Mario $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Jiawen $550,000
Closed Lin Jiawen $550,000
Previous Owner Chiovitti Mario $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2024 01/23/24 Sold $1,150,000 -3.2% $575 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $1,188,000 -- $594 / 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 $10,107 $53,339 $9,586 $43,753
2024 $10,107 $50,321 $8,630 $41,691
2023 $9,536 $47,476 $8,594 $38,882
2022 $8,941 $69,720 $13,500 $56,220
2021 $9,426 $66,060 $13,500 $52,560
2020 $9,409 $72,600 $13,500 $59,100
2019 $8,772 $65,100 $13,500 $51,600
2018 $8,065 $39,563 $9,480 $30,083
2017 $7,608 $37,324 $7,900 $29,424
2016 $7,461 $37,324 $7,900 $29,424
2015 $4,247 $37,041 $14,268 $22,773
2014 $4,247 $34,945 $11,450 $23,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3507331

OneKey® MLS

APN: 06392-0047