NOT LISTED FOR SALE

Estimated Value: $839,202 - $954,000

3 Beds
3 Baths
-- Sq Ft
2,400 Sq Ft Lot

Last Sold March 16, 2022

Last sale price $850,000

Est. 7% increase in value since last sale

Current estimated payment $5,531/month

26 Days on Market

Highlights

  • Property is near public transit
  • Granite Countertops
  • Home Office
  • Main Floor Primary Bedroom
  • L-Shaped Dining Room
  • 2 Car Detached Garage

About This Home

As of March 2022

Fantastic 2-Family Investment Opportunity w/ 3 Bedrooms 3 Baths With A Separate Basement Entrance, Private Gated Driveway, & 2 Car Detached Garage For Parking In A Quiet Neighborhood In Middle Village For $899,000. The First Unit Consists Of 1 Bedroom & 2 Baths And Has Access To A Full Basement and Very Private And Sun Drenched Yard. The Kitchen Is Newly Updated Within 1 Year & Has A Reverse Osmosis Water Filtration System & Beautiful Stainless Appliances. The Second Unit Consists Of 2 Bedrooms And 1 Bath. The Private Driveway Can Fit 6+ Cars As Well As A Large 2 Car Detached Garage. The Patio Space In The Yard Is Ideal For Entertaining And Receives Lots Of Sunlight. The Home Is Conveniently Located And Close To All Major Highways, Public Transportation, Schools, and Restaurants. Amazing Investment Opportunity In The Heart Of Queens. New Windows, New Roofing, New Water Main, & Gas Heat. Full Basement With Separate Entrance, Additional Rooms, Full Bathroom, & Laundry.

Last Agent to Sell the Property

Michael Furino

Douglas Elliman Real Estate License #10401312921 Listed on: 12/08/2021

Douglas Elliman Real Estate

Last Buyer's Agent

Zhangxiang Huang

E Realty International Corp License #10401324949

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,809

Year Built

  • Built in 1930 | Remodeled in 2021

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 24x100
  • No Common Walls
  • Private Entrance
  • Back Yard Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • New Windows
  • L-Shaped Dining Room
  • Home Office
  • Storage

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Ps/Is 87 Middle Village
  • Queens Metropolitan High School

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 27 / 3787
  • Assessor Parcel Number 03787-0027

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,809

Year Built

Built in 1930 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Diamond
  • Levels: Three Or More
  • Building Size: 16' x 40'
  • Year Built: 1930
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 516-354-6500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Den/Family Room, Granite Counters, Home Office, L-Shaped Dining Room, Living Room / Dining Room, Storage
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Inclusions: Ceiling Fan, Convection Oven, Dishwasher, Dryer, Energy Star Appliance(s), Front Gate, Microwave, Refrigerator, Screens, Washer
  • Total Bedrooms: 3
  • Kitchens: 2
  • Window Features: New Windows

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2021-12-13
  • Flood Zone Report: Yes
  • Fencing: Back Yard, Fenced
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Total Parking Spaces: 8.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: Y
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps/Is 87 Middle Village
  • High School: Queens Metropolitan High School
  • Middle School: Ps/Is 87 Middle Village

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 24x100
  • Lot Size Sq Ft: 2400.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 03787-0027
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-03-16
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 5808.60
  • Tax Block: 3787
  • Tax Lot: 27
  • Tax Map Number: 03787-0027

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Two Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1

MLS Schools

  • High School: Queens Metropolitan High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Mar 16, 2022
Sold by
Cho Erin and Cho Erin M
Bought by
Wang Kai
Seller's Agent
Michael Furino
Douglas Elliman Real Estate
Buyer's Agent
Zhangxiang Huang
E Realty International Corp
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$913,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,301
Avg. Annual Appreciation
2.10%
Original Mortgage
$595,000
Outstanding Balance
$557,486
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$355,815

Purchase Details

Closed on
Dec 21, 2017
Sold by
Conde Francisco and Conde Joan
Bought by
Cho Erin and Cho Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,878
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Kai $850,000 --
Cho Erin $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Kai $595,000
Previous Owner Cho Erin $4,687
Previous Owner Cho Erin $745,878
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $850,000 -5.5% --
01/03/2022 01/03/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $899,000 -- --
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 $6,649 $34,039 $12,627 $21,412
2024 $6,649 $33,106 $11,537 $21,569
2023 $6,304 $31,385 $11,308 $20,077
2022 $5,922 $46,380 $16,560 $29,820
2021 $5,971 $43,380 $16,560 $26,820
2020 $6,004 $47,700 $16,560 $31,140
2019 $5,771 $43,740 $16,560 $27,180
2018 $5,331 $26,154 $14,071 $12,083
2017 $5,039 $24,721 $11,743 $12,978
2016 $4,727 $24,721 $11,743 $12,978
2015 $2,813 $23,638 $14,810 $8,828
2014 $2,813 $22,990 $13,367 $9,623
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3363801

OneKey® MLS

APN: 03787-0027