7320 Forest Ave Flushing, NY 11385
Ridgewood NeighborhoodEstimated Value: $1,737,618
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                3,600
                Sq Ft
            
            
                
                    $483/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 7320 Forest Ave, Flushing, NY 11385 and is currently estimated at $1,737,618, approximately $482 per square foot. 7320 Forest Ave is a home located in Queens County with nearby schools including P.S. 68 - Cambridge, Joseph F. Quinn Intermediate School 77, and Sacred Heart School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 6, 2024
            
        
                Sold by
            
            
                Jjm Realty Holdings Llc
            
        
                Bought by
            
            
                7320 Forest Realty 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
            
            
                $716,208
            
        
                Outstanding Balance
            
            
                $706,050
            
        
                Interest Rate
            
            
                6.82%
            
        
                Mortgage Type
            
            
                Assumption
            
        
                Estimated Equity
            
            
                $1,031,568
            
        Purchase Details
                Closed on
            
            
                Jun 8, 2016
            
        
                Sold by
            
            
                Murray David E
            
        
                Bought by
            
            
                Jjm Realty Holdings Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $950,000
            
        
                Interest Rate
            
            
                3.57%
            
        
                Mortgage Type
            
            
                Commercial
            
        Purchase Details
                Closed on
            
            
                May 28, 1997
            
        
                Sold by
            
            
                Young Toni M
            
        
                Bought by
            
            
                Murray David E
            
        Purchase Details
                Closed on
            
            
                Dec 26, 1995
            
        
                Sold by
            
            
                Young Toni M and Young Roderick A
            
        
                Bought by
            
            
                Young Toni M and Murray David E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $20,740
            
        
                Interest Rate
            
            
                7.13%
            
        
                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 | 
|---|---|---|---|
| 7320 Forest Realty Llc | $1,680,000 | -- | |
| 7320 Forest Realty Llc | $1,680,000 | -- | |
| Jjm Realty Holdings Llc | $1,250,000 | -- | |
| Jjm Realty Holdings Llc | $1,250,000 | -- | |
| Murray David E | -- | First American Title Ins Co | |
| Murray David E | -- | First American Title Ins Co | |
| Young Toni M | $180,000 | First American Title Ins Co | |
| Young Toni M | -- | First American Title Ins Co | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | 7320 Forest Realty Llc | $716,208 | |
| Closed | 7320 Forest Realty Llc | $716,208 | |
| Previous Owner | Jjm Realty Holdings Llc | $950,000 | |
| Previous Owner | Young Toni M | $20,740 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $15,297 | $122,356 | $33,638 | $88,718 | 
| 2024 | $15,297 | $122,356 | $39,073 | $83,283 | 
| 2023 | $14,810 | $118,465 | $39,912 | $78,553 | 
| 2022 | $13,427 | $340,200 | $112,950 | $227,250 | 
| 2021 | $12,469 | $308,250 | $112,950 | $195,300 | 
| 2020 | $11,740 | $299,250 | $112,950 | $186,300 | 
| 2019 | $10,734 | $249,480 | $112,950 | $136,530 | 
| 2018 | $11,590 | $91,127 | $49,508 | $41,619 | 
| 2017 | $10,737 | $84,418 | $48,376 | $36,042 | 
| 2016 | $10,081 | $84,418 | $48,376 | $36,042 | 
| 2015 | $6,542 | $72,400 | $51,921 | $20,479 | 
| 2014 | $6,542 | $72,400 | $60,777 | $11,623 | 
                Source: Public Records
                    
            
        Map
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