NOT LISTED FOR SALE

Estimated Value: $1,255,561 - $1,595,000

6 Beds
4.5 Baths
1,980 Sq Ft
$758/Sq Ft Est. Value

Last Sold December 26, 2012

Last sale price $803,000 $406 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,828/month

57 Days on Market

Highlights

  • Colonial Architecture
  • Home Office
  • Central Air
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • 4-minute walk to Electric Playground

About This Home

As of December 2012

This home is located at 6503 159th St, Fresh Meadows, NY 11365 since 18 July 2012 and is currently estimated at $1,500,390, approximately $757 per square foot. This property was built in 2009. 6503 159th St is a home located in Queens County with nearby schools including P.S. 201 - The Discovery School for Inquiry & Research and I.S. 250 - The Robert F. Kennedy Community Middle School.

Last Agent to Sell the Property

Steven Leong

New Group Realty Inc Brokerage Phone: 718-939-9100 License #10311210144 Listed on: 07/18/2012

Last Buyer's Agent

Shao Le Wang

Jamie Realty Group License #10401222967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 2009

Lot Details

  • 4,275 Sq Ft Lot
  • Lot Dimensions are 50x42.95
  • 1 Common Wall

Parking

  • Private Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Home Office
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,050

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Year Built: 2009
  • New Construction: No
  • Attribution Contact: 718-939-9100
  • BuildingSize: 33X30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Den/Family Room, Eat-in Kitchen, Home Office, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dishwasher,Dryer,Oven/Range,Refrigerator,Washer
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • View YN: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Other, Natural Gas
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: 2

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 50X42.95
  • Lot Size Sq Ft: 4275
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6050

MLS Schools

  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2012
Closed on
Dec 26, 2012
Sold by
Chen Xiaole
Bought by
Chen Jianyun and Zheng Xiaoping
Seller's Agent
Steven Leong
New Group Realty Inc
Buyer's Agent
Shao Le Wang
Jamie Realty Group
List Price
$898,000
Sold Price
$803,000
Premium/Discount to List
-$95,000
-10.58%
Current Estimated Value
$1,500,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,390
Avg. Annual Appreciation
4.94%
Original Mortgage
$470,000
Outstanding Balance
$324,317
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$1,176,073

Purchase Details

Closed on
Dec 16, 2009
Sold by
Demarinis Anthony and Demarinis Antoinette
Bought by
Chen Xiaole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2008
Sold by
Costanzo Estate Of Irene and Costanzo
Bought by
Demarinis Anthony and Demarinis Antoinette
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
Chen Jianyun $803,000 --
Chen Jianyun $803,000 --
Chen Xiaole $650,000 --
Chen Xiaole $650,000 --
Demarinis Anthony $717,000 --
Demarinis Anthony $717,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jianyun $470,000
Closed Chen Jianyun $470,000
Previous Owner Chen Xiaole $487,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2012 12/26/12 Sold $803,000 -10.6% $406 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $898,000 -- $454 / 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 $11,504 $60,712 $8,579 $52,133
2024 $11,504 $57,275 $8,254 $49,021
2023 $10,853 $54,034 $8,425 $45,609
2022 $10,176 $71,940 $11,760 $60,180
2021 $10,728 $75,000 $11,760 $63,240
2020 $10,709 $73,200 $11,760 $61,440
2019 $9,984 $76,200 $11,760 $64,440
2018 $9,179 $45,028 $7,049 $37,979
2017 $8,660 $42,480 $8,318 $34,162
2016 $8,492 $42,480 $8,318 $34,162
2015 $4,614 $42,161 $7,577 $34,584
2014 $4,614 $39,775 $8,531 $31,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY2512549

OneKey® MLS

APN: 06753-0009