NOT LISTED FOR SALE

Estimated Value: $400,000 - $571,000

1 Bed
1 Bath
-- Sq Ft
$587/mo HOA Fee

Last Sold October 22, 2021

Last sale price $608,000

Est. 21% decrease in value since last sale

Current estimated payment $3,581/month

22 Days on Market

Highlights

  • Doorman
  • Gated Community
  • Clubhouse
  • Stephen A. Halsey JHS 157 Rated A
  • 1.16 Acre Lot
  • 1-minute walk to Horace Harding Playground

About This Home

As of October 2021

***** 1 Deeded Parking Space is Included in Price ******** Prime Rego Park location, high floor 1-bedroom condo with balcony and huge windows in a luxurious high-rise building. Get some outdoor furnitures to create your own outdoor oasis! Washer and dryer are in the unit. Kitchen has granite countertop and all stainless steel appliances, a 4-door 33" fridge, a gas stove with air-fry option and an over-the-range microwave are all new. Updated bathroom with a new vanity, plenty of storage. Hot water, heat and cooking gas are included in common charges. Building has 24-hr doorman/concierge and live-in super. Recreation room will give u access to a gym, steam room, and pool table. If you want a real pool, the Park City Swim Club is a block away where you can get a membership. Across the street you can find Costco, Aldi Supermarket, PetCo, Panera Bread, IKEA. Coffee shops, restaurants and pharmacies are all within several blocks. Close to subway, buses buses and highway.

Last Agent to Sell the Property

Bonnie Wong

SBNY RE Brokerage Phone: 718-520-3050 License #10401206778 Listed on: 06/08/2021

Last Buyer's Agent

Elizabeth Chan

Douglas Elliman Real Estate License #10301218385

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1988

Lot Details

  • 1.16

HOA Fees

  • $587 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Park or Greenbelt Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Kitchen in Efficiency Studio
  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Open Parking
  • Assigned Parking

Schools

  • Ps 206 Horace Harding Elementary School
  • JHS 157 Stephen A Halsey Middle School
  • Forest Hills High School

Additional Features

  • ADA Compliant
  • No Common Walls
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1357 / 2082
  • Assessor Parcel Number 02082-1357

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, sewer, snow removal, trash, gas, heat, hot water
  • High-Rise Condominium
  • 1Br W/ Terrace, Parking

Amenities

  • Doorman
  • Clubhouse

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,382

Year Built

Built in 1988

Lot Details

0

HOA Fees

$587 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: High Rise
  • Property SubType: Condominium
  • Levels: One
  • Accessibility Features: ADA Access
  • Year Built: 1988
  • New Construction: No
  • Attribution Contact: 718-520-3050
  • Ownership: Condo
  • Subdivision Name: Summit Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Private Laundry, Efficiency Kitchen, Elevator, Granite Counters, Living Room/Dining Room Combo, Wash/Dry Connection
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: Full
  • Inclusions: A/C Units,Dishwasher,Dryer,Front Gate,Garage Remote,Intercom,Light Fixtures,Mailbox,Microwave,Refrigerator,Screens,Washer
  • Entry Level: 16
  • Total Bedrooms: 1
  • AtticDescription: None

Exterior Features

  • Construction Materials: Brick
  • View: Park/Greenbelt
  • Exterior Features: Building Link, Balcony
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: Yes
  • Parking Description: Assigned
  • ParkingAssignedSpaces: 1
  • ParkingFee: 50

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Other, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Other, Sewer, Snow Removal, Trash, Gas, Heat, Hot Water
  • Association Amenities: Door Person, Gated
  • Association Fee: 586.91
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: Summit Condominium
  • AdditionalFeeDescription: Assessment $87.67 ends 4/24

Association/Amenities

  • Community Features: Clubhouse, Trash Collection, Gated, Park

Fee Information

  • AdditionalFeesYN: 1

Schools

  • Middle School: Jhs 157 Stephen A Halsey

Lot Info

  • Lot Size Acres: 1.16
  • Lot Size Area: 1.16
  • Lot Size Sq Ft: 50500
  • Lot Features: Near Public Transit
  • Parcel Number: 02082-1357
  • Property Attached: No

Rental Info

  • Lease Considered: Yes
  • Pets Allowed: Dogs OK, Call, Cats OK
  • RentingAllowedYN: 1

Tax Info

  • Tax Annual Amount: 3382.26
  • Tax Block: 2082
  • Tax Lot: 1357
  • Tax Map Number: 02082-1357
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 206 Horace Harding School (The)
  • High School: Forest Hills High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Oct 22, 2021
Sold by
Tsai Steven C and Wong Bonnie S
Bought by
Yau Chun Yin
Seller's Agent
Bonnie Wong
SBNY RE
Buyer's Agent
Elizabeth Chan
Douglas Elliman Real Estate
List Price
$615,000
Sold Price
$608,000
Premium/Discount to List
-$7,000
-1.14%
Current Estimated Value
$482,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,596
Avg. Annual Appreciation
-3.85%
Original Mortgage
$468,000
Outstanding Balance
$430,981
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,827

Purchase Details

Closed on
Dec 23, 1993
Sold by
Cross Rego Holding Corp
Bought by
Wu Charles and Wu Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
Yau Chun Yin $608,000 --
Wu Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yau Chun Yin $468,000
Previous Owner Wu Charles $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $608,000 -1.1% --
06/30/2021 06/30/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $615,000 -- --
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 $3,963 $32,252 $7,722 $24,530
2024 $2,849 $31,696 $7,722 $23,974
2023 $3,866 $30,924 $7,722 $23,202
2022 $3,692 $31,491 $7,722 $23,769
2021 $3,382 $27,572 $7,722 $19,850
2020 $3,545 $32,598 $7,722 $24,876
2019 $2,429 $31,010 $7,722 $23,288
2018 $3,158 $24,831 $7,722 $17,109
2017 $2,707 $23,006 $7,723 $15,283
2016 $2,490 $23,006 $7,723 $15,283
2015 $1,222 $19,998 $7,723 $12,275
2014 $1,222 $18,165 $7,723 $10,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3319647

OneKey® MLS

APN: 02082-1357