7220 48th Ave Flushing, NY 11377
Elmhurst NeighborhoodEstimated Value: $2,400,325
Studio
--
Bath
4,600
Sq Ft
$522/Sq Ft
Est. Value
About This Home
This home is located at 7220 48th Ave, Flushing, NY 11377 and is currently estimated at $2,400,325, approximately $521 per square foot. 7220 48th Ave is a home located in Queens County with nearby schools including P.S. 229 Emanuel Kaplan, IS 73 - The Frank Sansivieri School, and Newtown High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 22, 2025
Sold by
Central Woodside Llc
Bought by
Xing Sheng Long Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,041,931
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,358,394
Purchase Details
Closed on
Jul 16, 2020
Sold by
Wong Irene and Wong Yoke K
Bought by
Central Woodside Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 14, 2003
Sold by
Northbrook Telecom Inc
Bought by
Wong Irene and Wong Yoke Kong
Purchase Details
Closed on
Jul 28, 1998
Sold by
Mcdonnell Richard and Mcdonnell Maureen
Bought by
Northbrook Telecom Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.8%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xing Sheng Long Llc | $2,395,000 | -- | |
| Xing Sheng Long Llc | $2,395,000 | -- | |
| Central Woodside Llc | $1,845,000 | -- | |
| Wong Irene | $565,000 | -- | |
| Wong Irene | $565,000 | -- | |
| Northbrook Telecom Inc | -- | First American Title Ins Co | |
| Northbrook Telecom Inc | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xing Sheng Long Llc | $1,050,000 | |
| Closed | Xing Sheng Long Llc | $1,050,000 | |
| Previous Owner | Central Woodside Llc | $1,387,500 | |
| Previous Owner | Northbrook Telecom Inc | $232,500 | |
| Closed | Wong Irene | $0 |
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 | $25,586 | $240,300 | $45,900 | $194,400 |
| 2024 | $25,586 | $241,560 | $45,900 | $195,660 |
| 2023 | $25,367 | $239,490 | $45,900 | $193,590 |
| 2022 | $25,418 | $243,450 | $45,900 | $197,550 |
| 2021 | $20,837 | $194,850 | $45,900 | $148,950 |
| 2020 | $25,510 | $253,350 | $45,900 | $207,450 |
| 2019 | $24,991 | $251,100 | $45,900 | $205,200 |
| 2018 | $24,820 | $236,070 | $45,900 | $190,170 |
| 2017 | $24,603 | $234,709 | $45,900 | $188,809 |
| 2016 | $24,504 | $234,709 | $45,900 | $188,809 |
| 2015 | $16,686 | $228,949 | $45,900 | $183,049 |
| 2014 | $16,686 | $226,160 | $45,900 | $180,260 |
Source: Public Records
Map
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