NOT LISTED FOR SALE

Estimated Value: $1,052,000 - $1,307,896

4 Beds
3 Baths
1,746 Sq Ft
$695/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $998,000 $572 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,332/month

52 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Formal Dining Room
  • P.S. 173 - Fresh Meadow Rated A
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of October 2021

Fantastic 2 Family Home, Great Investment Opportunity Close to St. John's University. Top School District #26, Half a Block Away From Public Transportation on Union Turnpike. A Perfect Property for Potential Rental Monthly Income, Ample Street Parking Available as Well as Your Own Private Driveway, Don't Miss Out!, Additional information: Appearance:Excellent

Last Agent to Sell the Property

Kenneth Liu

Serhant East End LLC Brokerage Phone: 516-873-7100 License #10401269654 Listed on: 07/05/2021

Last Buyer's Agent

Yen Katie Huang

RE/MAX 1st Choice License #10401310061

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,180

Year Built

  • Built in 1930

Lot Details

  • 2,850 Sq Ft Lot
  • Lot Dimensions are 30x95

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

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

Parking

  • Private Parking
  • Driveway
  • On-Street Parking

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 38 / 7004
  • Assessor Parcel Number 07004-0038

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,180

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Actual
  • Levels: Two
  • Year Built: 1930
  • Attribution Contact: 516-873-7100
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer, Master Downstairs, Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Porch
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Parking Description: Driveway, On Street, Private

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 216 George J Ryan

Lot Info

  • Lot Dimensions: 30x95
  • Lot Size Sq Ft: 2850
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 07004-0038
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7180
  • Tax Block: 7004
  • Tax Lot: 38

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
Jul 5, 2021
Closed on
Oct 28, 2021
Sold by
Chen William
Bought by
Chen Longshu
Seller's Agent
Kenneth Liu
Serhant East End LLC
Buyer's Agent
Yen Katie Huang
RE/MAX 1st Choice
List Price
$1,150,000
Sold Price
$998,000
Premium/Discount to List
-$152,000
-13.22%
Current Estimated Value
$1,216,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,575
Avg. Annual Appreciation
3.87%
Original Mortgage
$598,000
Outstanding Balance
$550,260
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$601,073

Purchase Details

Closed on
Apr 7, 2021
Sold by
Chen Staci W
Bought by
Chen William

Purchase Details

Closed on
Mar 26, 2010
Sold by
Chen Kuoy Yaw and Chen Staci W
Bought by
Chen Staci W

Purchase Details

Closed on
Jan 27, 2009
Sold by
Chen Feng Chuan and Hsu Chen-Feng Chuan
Bought by
Chen Kuoy Yaw and Chen Staci W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Hsu Chia Wen and Hsu Shou Chuan
Bought by
Hsu Chia Wen and Hsu Feng Chuan

Purchase Details

Closed on
May 6, 2003
Sold by
Hsu Shou Chuan
Bought by
Hsu Chen-Feng Chuan

Purchase Details

Closed on
Apr 11, 2002
Sold by
Busa Lyda M
Bought by
Hsu Shou Chuan and Hsu Chia Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
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
Chen Longshu $998,000 --
Chen Longshu $998,000 --
Chen William -- --
Chen William -- --
Chen Staci W -- --
Chen Staci W -- --
Chen Kuoy Yaw $499,990 --
Chen Kuoy Yaw $499,990 --
Hsu Chia Wen -- --
Hsu Chia Wen -- --
Hsu Chen-Feng Chuan -- --
Hsu Chen-Feng Chuan -- --
Hsu Shou Chuan -- --
Hsu Shou Chuan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Longshu $598,000
Closed Chen Longshu $598,000
Previous Owner Chen Kuoy Yaw $200,000
Previous Owner Hsu Shou Chuan $277,500
Previous Owner Busa Lyda M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Off Market $998,000 -- --
10/28/2021 10/28/21 Sold $998,000 -8.4% $572 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $1,090,000 -5.2% $624 / Sq Ft
07/05/2021 07/05/21 For Sale $1,150,000 -- $659 / 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 $7,356 $38,822 $9,471 $29,351
2024 $7,356 $36,626 $8,718 $27,908
2023 $7,356 $36,626 $8,696 $27,930
2022 $7,256 $59,580 $16,980 $42,600
2021 $7,217 $63,720 $16,980 $46,740
2020 $6,848 $64,320 $16,980 $47,340
2019 $6,385 $60,120 $16,980 $43,140
2018 $6,222 $30,522 $9,328 $21,194
2017 $6,175 $30,291 $9,968 $20,323
2016 $5,713 $30,291 $9,968 $20,323
2015 $3,447 $26,960 $14,671 $12,289
2014 $3,447 $25,435 $12,738 $12,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3327059

OneKey® MLS

APN: 07004-0038