NOT LISTED FOR SALE

Estimated Value: $1,241,000 - $1,466,000

6 Beds
3 Baths
2,095 Sq Ft
$646/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $1,250,000 $597 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,063/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Bedroom
  • P.S. 213 The Carl Ullman School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of November 2023

Opportunity knocks ! Welcome to this remarkable colonial in highly desired Oakland Gardens. This one-family home presents a unique opportunity for a savvy investor or homeowner looking to maximize their property's potential. Set up and zoned (R3X) for an easy conversion to a multi-family dwelling, this property offers incredible versatility and value. It features 6 bedrooms, 3 full bathrooms, and a full basement with a side entrance. With a little TLC, you can transform this diamond in the rough into a true gem ! Situated in a desirable location, you will find yourself just minutes away from the beautiful Alley Pond Park, providing a serene escape for relaxation and outdoor activities.This home is conveniently located right in between the Grand Central Pkwy and the LIE, making travel effortless. Don't miss out on this amazing opportunity !

Last Agent to Sell the Property

Michael Giordano

Real Broker NY LLC Brokerage Phone: 855-450-0442 License #10401344758 Listed on: 08/14/2023

Last Buyer's Agent

Michael Giordano

Real Broker NY LLC Brokerage Phone: 855-450-0442 License #10401344758 Listed on: 08/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,530

Year Built

  • Built in 1950

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Private Entrance
  • Back Yard Fenced
  • Zoning described as R3X

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,095 Sq Ft Home
  • 2-Story Property
  • Home Office
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • JHS 74 Nathaniel Hawthorne Middle School
  • Benjamin N Cardozo High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 54 / 7685
  • Assessor Parcel Number 07685-0054

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,530

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1950
  • New Construction: No
  • BuildingSize: 25.17 ft x 48 ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Freezer, Microwave, Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Den/Family Room, Home Office, Master Bath
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished
  • Inclusions: A/C Units,Dishwasher,Freezer,Microwave,Refrigerator
  • Total Bedrooms: 6
  • Living Area: 2095
  • AtticDescription: Unfinished
  • SquareFootage: 2095.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 74 Nathaniel Hawthorne

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07685-0054
  • Zoning Description: R3X
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-15

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 6530
  • Tax Block: 7685
  • Tax Lot: 54
  • Tax Map Number: 07685-0054

MLS Schools

  • High School: Benjamin N Cardozo High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Nov 15, 2023
Sold by
Richard G. Jacobson As Executor and The Estate Of Yolanda Jacobson
Bought by
Yu Kevin and Zhang-Yu Qiong Yan
Seller's Agent
Michael Giordano
Real Broker NY LLC
Buyer's Agent
Michael Giordano
Real Broker NY LLC
List Price
$1,199,999
Sold Price
$1,250,000
Premium/Discount to List
$50,001
4.17%
Views
48
Current Estimated Value
$1,354,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,259
Avg. Annual Appreciation
4.26%
Original Mortgage
$600,000
Outstanding Balance
$589,673
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$764,586
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
Yu Kevin $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Kevin $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $1,250,000 +4.2% $597 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $1,199,999 -- $573 / 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 $10,595 $55,915 $13,510 $42,405
2024 $10,595 $52,751 $15,268 $37,483
2023 $8,654 $49,766 $12,728 $37,038
2022 $6,526 $95,880 $23,340 $72,540
2021 $9,129 $89,400 $23,340 $66,060
2020 $8,957 $76,860 $23,340 $53,520
2019 $8,300 $71,880 $23,340 $48,540
2018 $7,569 $41,472 $13,388 $28,084
2017 $7,802 $41,472 $13,500 $27,972
2016 $7,568 $41,472 $13,500 $27,972
2015 $4,075 $38,830 $19,259 $19,571
2014 $4,075 $36,633 $21,473 $15,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3497798

OneKey® MLS

APN: 07685-0054