NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,264,000

4 Beds
2 Baths
-- Sq Ft
2,850 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $998,000

Est. 17% increase in value since last sale

Current estimated payment $6,987/month

12 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 4 Car Detached Garage
  • P.S. 173 - Fresh Meadow Rated A
  • Formal Dining Room
  • Porch

About This Home

As of January 2021

This charming Semi -Attached brick Two Family House is located in a quiet tree lined residential street in the hart of Fresh Meadows. Built is 1955 on a 30'X95' lot and the building foot print is 22'X42". Each unit comes with a Main bedroom, a large bedroom, full bath, full kitchen with plenty of cabinetry, formal living room and formal dining room. Hard wood floors through out and new a/c units installed. Full finished basement equipped with a bar, cedar closet, and separate laundry and utility area. Large backyard for entertainment and private moments with the family, one car garage and large driveway that can accommodate 3-4 cars. Located blocks way from Cunningham Park, Express Bus stop, St John's University, very near shopping, major highways, houses of worship, restaurants and belongs to the great school district #26. This property is ideal for a first time buyers, investment property or both. Do not miss this opportunity to live in a great home that generates income., Additional information: Appearance:Excellent

Last Agent to Sell the Property

Elena Barayev

Exit Realty First Choice Brokerage Phone: 718-380-2500 License #40BA1100794 Listed on: 11/04/2020

Exit Realty First Choice

Last Buyer's Agent

Elena Barayev

Exit Realty First Choice Brokerage Phone: 718-380-2500 License #40BA1100794 Listed on: 11/04/2020

Exit Realty First Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,379

Year Built

  • Built in 1955

Lot Details

  • 2,850 Sq Ft Lot
  • Lot Dimensions are 30x95
  • 1 Common Wall
  • Private Entrance

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Window Screens
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Outdoor Features

  • Private Mailbox
  • Porch

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 41 / 7005

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,379

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1955
  • Attribution Contact: 718-380-2500
  • CurrentPrice: 998000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Formal Dining
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 4
  • Window Features: Blinds, Screens, Storm Window(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Exterior Features: Mailbox, Private Entrance
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, Driveway, Garage Door Opener, Garage, On Street, Private

Utilities

  • Heating: Forced Air, Hot Water, Natural Gas
  • 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: 30x95
  • Lot Size Sq Ft: 2850
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 9379
  • Tax Block: 7005
  • Tax Lot: 41

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jan 25, 2021
Sold by
Morris Flax Irrevocable Trust
Bought by
Lin Ying and Qin Linshuai
Seller's Agent
Elena Barayev
Exit Realty First Choice
Buyer's Agent
Elena Barayev
Exit Realty First Choice
List Price
$998,000
Sold Price
$998,000
Current Estimated Value
$1,172,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,052
Avg. Annual Appreciation
3.39%
Original Mortgage
$698,600
Outstanding Balance
$623,736
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$548,316

Purchase Details

Closed on
Dec 26, 2007
Sold by
Flax Morris
Bought by
Morris Flax Irrevocable Trust and Ronald Flax, Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Ying $998,000 --
Morris Flax Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Ying $698,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $998,000 0.0% --
11/16/2020 11/16/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $998,000 -- --
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 $10,075 $53,171 $13,383 $39,788
2024 $10,075 $50,164 $12,191 $37,973
2023 $9,996 $49,766 $11,608 $38,158
2022 $7,451 $71,760 $17,760 $54,000
2021 $9,884 $67,080 $17,760 $49,320
2020 $7,704 $67,320 $17,760 $49,560
2019 $7,082 $63,480 $17,760 $45,720
2018 $6,817 $41,472 $12,106 $29,366
2017 $7,220 $41,472 $14,045 $27,427
2016 $6,619 $41,472 $14,045 $27,427
2015 $3,938 $36,924 $17,838 $19,086
2014 $3,938 $34,836 $18,758 $16,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3266794

OneKey® MLS

APN: 07005-0041