NOT LISTED FOR SALE

7-23 124th St Flushing, NY 11356

College Point Neighborhood

Estimated Value: $971,219 - $1,036,000

6 Beds
3 Baths
1,800 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $948,000 $527 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,239/month

22 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating
  • P.S. 129 Patricia Larkin Rated A-
  • Park
  • West Facing Home

About This Home

As of July 2023

Desirable area in College Point, walk to school, buses and park; Detached two family w/high Basement w/back entrance; Ideal for investment and self residence; whole house will be delivered vacant upon closing.

Last Agent to Sell the Property

Michael Deng

Eagle Realty Group New York License #10311202575 Listed on: 03/27/2023

Last Buyer's Agent

Xiaoxiao Yu

B Square Realty License #10301224033

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,318

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • No Common Walls
  • West Facing Home

Home Design

  • Frame Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 129 Patricia Larkin Elementary School
  • JHS 194 William Carr Middle School
  • Bayside High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03968-0044

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,318

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Average
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • BuildingSize: 20 x 45
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 1800
  • SquareFootage: 1800.00
  • SquareFootageSource: Field Measured
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: West
  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, Common, On Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 194 William Carr

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03968-0044
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity
  • Available Date: 2023-06-18

Multi Family

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

Tax Info

  • Tax Annual Amount: 6318
  • Tax Map Number: 03968-0044

MLS Schools

  • Elementary School: Ps 129 Patricia Larkin
  • High School: Bayside High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jul 20, 2023
Sold by
Mcgovern Sean and Sean Mcgovern As Specific
Bought by
Lin Yaxin and Zou Feng Zhu
Seller's Agent
Michael Deng
Eagle Realty Group New York
Buyer's Agent
Xiaoxiao Yu
B Square Realty
List Price
$989,000
Sold Price
$948,000
Premium/Discount to List
-$41,000
-4.15%
Total Days on Market
22
Views
51
Current Estimated Value
$1,009,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,305
Avg. Annual Appreciation
3.35%
Original Mortgage
$430,000
Outstanding Balance
$422,068
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$587,237

Purchase Details

Closed on
Jan 20, 2015
Sold by
Burke Co-Executor Catherine Mary and Estate Of Thomas Mcgovern
Bought by
Mcgovern Sean

Purchase Details

Closed on
Mar 1, 1996
Sold by
Teixeira Rose and Nerlino Dolores
Bought by
Mcgovern Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lin Yaxin $948,000 --
Mcgovern Sean -- --
Mcgovern Thomas $159,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Yaxin $430,000
Previous Owner Mcgovern Sean $260,000
Previous Owner Mcgovern Thomas $75,000
Previous Owner Mcgovern Thomas F $190,000
Previous Owner Mcgovern Thomas $60,000
Previous Owner Mcgovern Thomas $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $948,000 -4.1% $527 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/26/2023 03/26/23 For Sale $989,000 -- $549 / 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
2024 $7,142 $35,557 $7,574 $27,983
2023 $6,738 $33,546 $7,006 $26,540
2022 $6,318 $55,380 $12,180 $43,200
2021 $6,661 $51,420 $12,180 $39,240
2020 $6,648 $50,820 $12,180 $38,640
2019 $6,199 $51,120 $12,180 $38,940
2018 $5,699 $27,955 $6,591 $21,364
2017 $5,376 $26,374 $8,525 $17,849
2016 $5,272 $26,374 $8,525 $17,849
2015 $3,001 $26,174 $10,582 $15,592
2014 $3,001 $24,693 $9,270 $15,423
Source: Public Records

Agents Affiliated with this Home

  • Michael Deng

    Seller's Agent in 2023

    Michael Deng

    Eagle Realty Group New York

    (917) 559-2418

    26 in this area

    39 Total Sales

    Michael Deng
    Section Image
  • Xiaoxiao Yu

    Buyer's Agent in 2023

    Xiaoxiao Yu

    B Square Realty

    (516) 888-8890

    15 in this area

    66 Total Sales

    Xiaoxiao Yu
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3467159

OneKey® MLS

APN: 03968-0044

New York Queens County Flushing 11356 College Point

7-23 124th St, Flushing, NY

This home is located at 7-23 124th St, Flushing, NY 11356 since 27 March 2023 and is currently estimated at $1,009,305, approximately $560 per square foot. This property was built in 1920. 7-23 124th St is a home located in Queens County with nearby schools including P.S. 129 Patricia Larkin, J.H.S. 194 William Carr, and Flushing High School.

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