NOT LISTED FOR SALE

Estimated Value: $1,253,000 - $1,461,000

7 Beds
3 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold January 23, 2020

Last sale price $1,210,000

Est. 14% increase in value since last sale

Current estimated payment $8,023/month

23 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Heating System Uses Steam
  • Wood Flooring

About This Home

As of January 2020

Solid brick over-sized 2-family featuring two large apartments over a full finished basement with separate rear entrance. Building is 20' by 70'. Total of 15 rooms, 8 bedrooms and 3 full baths; the first floor is a 3 bedroom apt. and the 2nd floor is a 4 bedroom apt. Excellent location just off 69th street, close to the Q18 bus, PS 58 and IS 73. Excellent opportunity!

Last Agent to Sell the Property

Lucy Lu

Landmark International R E LLC License #10491208898 Listed on: 10/01/2019

Last Buyer's Agent

Lucy Lu

Landmark International R E LLC License #10491208898 Listed on: 10/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,063

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 1 Common Wall

Parking

  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • Association fees include sewer
  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher
  • Legal Lot and Block 16 / 2497
  • Assessor Parcel Number Q02497-0016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,063

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Exclusions: Dishwasher
  • Building Size: 20x70
  • Year Built: 1925
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Formal Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Dryer, Oven/Range, Refrigerator, Washer
  • Total Bedrooms: 7
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No
  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Sewer
  • Senior Community: No

Schools

  • School District Number: 24

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500.00
  • Parcel Number: Q02497-0016
  • Zoning Description: R4-1
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-01-23
  • Tax Annual Amount: 10063.32
  • Tax Block: 2497
  • Tax Lot: 16
  • Tax Map Number: Q02497-0016

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jan 23, 2020
Sold by
Daniel J Matteo Trust Dated 1/2018 and Matteo As Trustee Daniel J
Bought by
Wang Jian Guo and Wang Konyu
Seller's Agent
Lucy Lu
Landmark International R E LLC
Buyer's Agent
Lucy Lu
Landmark International R E LLC
List Price
$1,350,000
Sold Price
$1,210,000
Premium/Discount to List
-$140,000
-10.37%
Current Estimated Value
$1,376,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,695
Avg. Annual Appreciation
2.17%
Original Mortgage
$710,000
Outstanding Balance
$628,520
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$748,175

Purchase Details

Closed on
Oct 3, 2018
Sold by
Matteo Daniel
Bought by
Daniel J Matteo Trust Dated 1/18 and Daniel J Matteo Trustee

Purchase Details

Closed on
Nov 9, 2016
Sold by
Daniel Matteo As Trustee
Bought by
Matteo Individually Daniel
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
Wang Jian Guo $1,210,000 --
Daniel J Matteo Trust Dated 1/18 -- --
Matteo Individually Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jian Guo $710,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2020 01/23/20 Sold $1,210,000 -10.4% --
10/24/2019 10/24/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $1,350,000 -- --
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 $10,493 $68,249 $16,252 $51,997
2024 $10,493 $66,641 $14,908 $51,733
2023 $9,952 $63,947 $12,078 $51,869
2022 $9,290 $88,920 $20,160 $68,760
2021 $9,251 $84,000 $20,160 $63,840
2020 $10,466 $94,740 $10,740 $84,000
2019 $10,063 $90,960 $10,740 $80,220
2018 $9,349 $45,861 $7,336 $38,525
2017 $8,837 $43,352 $8,353 $34,999
2016 $7,265 $43,352 $8,353 $34,999
2015 $4,289 $41,205 $11,918 $29,287
2014 $4,289 $40,089 $9,861 $30,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3169052

OneKey® MLS

APN: 02497-0016