NOT LISTED FOR SALE

Estimated Value: $947,000 - $1,309,000

3 Beds
2 Baths
1,440 Sq Ft
$771/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $898,000 $624 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,768/month

66 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Park
  • P.S. 173 - Fresh Meadow Rated A
  • Detached Garage
  • Hot Water Heating System

About This Home

As of January 2022

Attention investors, both seasoned and novice - bring some TLC to this 2-family colonial and let the income start rolling in! Featuring a 2 bedroom apartment on the first floor, with a 1-bedroom unit on the second floor, there is also the potential for expansion. Additional Features: Detached 2-car garage, full finished basement, 3-zone gas heat, conveniently located in close proximity to mass transit/bus, shopping, parks, schools, St. John's University & houses of worship, zoned for School District #26, Additional information: Appearance:Average,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Lena Metelev

Julia & Lena Metelev R E Group Brokerage Phone: 718-591-5000 License #10491213237 Listed on: 08/06/2021

Last Buyer's Agent

Zahava Ohayon

Julia & Lena Metelev R E Group License #40OH0867288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 1930

Lot Details

  • 3,810 Sq Ft Lot
  • Lot Dimensions are 40x 95.25
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 173 Fresh Meadows Elementary School
  • JHS 216 George J Ryan Middle School
  • Francis Lewis High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 32 / 6956
  • Assessor Parcel Number 06956-0032

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,154

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1930
  • Attribution Contact: 718-591-5000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Fireplace: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 216 George J Ryan

Lot Info

  • Lot Dimensions: 40x 95.25
  • Lot Size Sq Ft: 3810
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 06956-0032
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R2

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 8154
  • Tax Block: 6956
  • Tax Lot: 32

MLS Schools

  • Elementary School: Ps 173 Fresh Meadows
  • High School: Francis Lewis High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Jan 5, 2022
Sold by
Todres Jacob L
Bought by
Qiu Jiemei and Shao Chang Fu
Seller's Agent
Lena Metelev
Julia & Lena Metelev R E Group
Buyer's Agent
Zahava Ohayon
Julia & Lena Metelev R E Group
List Price
$948,000
Sold Price
$898,000
Premium/Discount to List
-$50,000
-5.27%
Current Estimated Value
$1,110,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,227
Avg. Annual Appreciation
6.00%
Original Mortgage
$539,000
Outstanding Balance
$498,782
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$611,445
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
Qiu Jiemei $898,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Jiemei $539,000
Previous Owner Moore Samuel D $96,578
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $898,000 -0.1% $624 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $899,000 -5.2% $624 / Sq Ft
08/06/2021 08/06/21 For Sale $948,000 -- $658 / 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 $8,759 $46,226 $11,313 $34,913
2024 $8,759 $43,612 $10,548 $33,064
2023 $8,264 $41,144 $10,251 $30,893
2022 $7,749 $73,380 $17,400 $55,980
2021 $8,169 $62,760 $17,400 $45,360
2020 $8,154 $59,700 $17,400 $42,300
2019 $7,603 $51,120 $17,400 $33,720
2018 $6,989 $34,287 $16,572 $17,715
2017 $6,594 $32,347 $14,064 $18,283
2016 $6,466 $32,347 $14,064 $18,283
2015 $3,680 $32,102 $14,337 $17,765
2014 $3,680 $30,286 $15,806 $14,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3336080

OneKey® MLS

APN: 06956-0032