NOT LISTED FOR SALE

Estimated Value: $915,000 - $1,109,000

5 Beds
3 Baths
2,000 Sq Ft
$493/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $800,000 $400 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,746/month

103 Days on Market

Highlights

  • Carriage House
  • Property is near public transit
  • Baseboard Heating
  • P.S. 229 Emanuel Kaplan Rated A-
  • Chandelier

About This Home

As of September 2022

Beautiful Detached 2 family in Maspeth Plateau Spring into this beautiful 2 family frame detached home located in Maspeth Plateau Collect income from the 1st unit (median rent in the area is $2000 a month and live comfortably on the 2nd fl. This property has so much to offer on a 25x100 lot with 2000 sq. ft. of living space the 1st fl features spacious 2 bedrooms full open living room kitchen full bathroom fully tiled with lots of closet space and access to yard the 2nd fl features 3 spacious bedrooms with plenty of sun light and every room spacious living room Big dining room, Full kitchen with lots of cabinet space 2 Full bath with Laundry ,200 sq ft shed with power for lots of storage space .Lots of back yard space for a pool area or gardening enough to entertaining your guest. Close to all schools and shops and major highways and transportation Only 10 minutes to the 7 train express stop 61 st station ., Additional information: Appearance:Good,Separate Hotwater Heater:1

Last Agent to Sell the Property

Raymond Rivera

One Stop Multi Service Inc Brokerage Phone: 718-554-0257 License #31RI0930921 Listed on: 03/04/2022

Last Buyer's Agent

Xia Lin

RE/MAX 1st Choice License #10301218367

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1901

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

  • Duplex
  • Carriage House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Chandelier

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Maspeth High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 18 / 2408
  • Assessor Parcel Number 02408-0018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,717

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Carriage House
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1901
  • Attribution Contact: 718-554-0257
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Chandelier
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 02408-0018
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R4

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 4717
  • Tax Block: 2408
  • Tax Lot: 18

MLS Schools

  • High School: Maspeth High School
  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Sep 13, 2022
Sold by
Molina Miguel A and Molina Nelly
Bought by
Chen Tian Nuan and Wang Guiwen
Seller's Agent
Raymond Rivera
One Stop Multi Service Inc
Buyer's Agent
Xia Lin
RE/MAX 1st Choice
List Price
$1,050,000
Sold Price
$800,000
Premium/Discount to List
-$250,000
-23.81%
Current Estimated Value
$958,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,647
Avg. Annual Appreciation
5.90%
Original Mortgage
$530,000
Outstanding Balance
$509,563
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$436,829

Purchase Details

Closed on
Jan 7, 2010
Sold by
Molina Miguel A and Molina Nelly
Bought by
Molina Miguel A and Molina Nelly

Purchase Details

Closed on
Oct 6, 1998
Sold by
Deluca Michelina
Bought by
Molina Miguel A and Molina Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.64%
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
Chen Tian Nuan $818,000 --
Molina Miguel A -- --
Molina Miguel A $180,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Tian Nuan $530,000
Previous Owner Molina Miguel A $74,328
Previous Owner Molina Miguel A $37,961
Previous Owner Molina Miguel $41,434
Previous Owner Molina Miguel A $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $800,000 -14.0% $400 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $930,000 -6.5% $465 / Sq Ft
03/24/2022 03/24/22 Price Changed $995,000 -5.2% $498 / Sq Ft
03/04/2022 03/04/22 For Sale $1,050,000 -- $525 / 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 $5,958 $30,954 $6,915 $24,039
2024 $5,958 $29,665 $6,996 $22,669
2023 $5,699 $28,373 $5,648 $22,725
2022 $4,748 $53,220 $12,720 $40,500
2021 $4,770 $52,380 $12,720 $39,660
2020 $4,801 $45,000 $12,720 $32,280
2019 $4,512 $48,240 $12,720 $35,520
2018 $4,161 $23,644 $7,415 $16,229
2017 $3,955 $22,572 $6,996 $15,576
2016 $3,676 $22,572 $6,996 $15,576
2015 $2,349 $21,496 $8,262 $13,234
2014 $2,349 $20,601 $8,226 $12,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3380699

OneKey® MLS

APN: 02408-0018