NOT LISTED FOR SALE

81-60 242nd St Jamaica, NY 11426

Bellerose Neighborhood

Estimated Value: $986,000 - $1,158,000

4 Beds
2 Baths
-- Sq Ft
2,248 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $978,000

Est. 8% increase in value since last sale

Current estimated payment $6,416/month

69 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Views
  • P.S. 18 Q The Winchester School Rated A
  • Eat-In Kitchen
  • Entrance Foyer

About This Home

As of July 2022

Excellent opportunity to own this all brick, semi-detached spacious legal two family! Built in 1987, each floor boasts a large living room and dining area, sunny eat in kitchen, full bath and two large bedrooms. The large, partly-finished basement has a utility room, laundry room and huge storage areas. The first floor was totally renovated two years ago This property is perfect for an investment opportunity! Close to ground transportation, major highways, easy shopping and excellent restaurants. In School District #26

Last Agent to Sell the Property

Kay Kwak

LAFFEY REAL ESTATE License #40KW0890023 Listed on: 03/03/2022

Last Buyer's Agent

Kay Kwak

LAFFEY REAL ESTATE License #40KW0890023 Listed on: 03/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,041

Year Built

  • Built in 1987

Lot Details

  • 2,248 Sq Ft Lot
  • Lot Dimensions are 37.36x60.16
  • 1 Common Wall
  • South Facing Home
  • Private Entrance
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring
  • Eat-In Kitchen
  • Property Views
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • JHS 67 Louis Pasteur Middle School
  • Martin Van Buren High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 2 / 7900
  • Assessor Parcel Number 07900-0002

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,041

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1987
  • New Construction: No
  • Attribution Contact: 718-347-3202
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Inclusions: Dryer, Gas Grill, Refrigerator, Washer
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • Flood Zone Date: 2022-03-08
  • Flood Zone Report: Yes
  • View: Other
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Separate Hotwater Heater Detail: yes
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 67 Louis Pasteur

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 37.36x60.16
  • Lot Size Sq Ft: 2248.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 07900-0002
  • Property Attached: Yes

Rental Info

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

Tax Info

  • Close Date: 2022-07-29
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 9040.84
  • Tax Block: 7900
  • Tax Lot: 2
  • Tax Map Number: 07900-0002

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • High School: Martin Van Buren High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Jul 28, 2022
Sold by
Reali Maria and Reali Renato J
Bought by
Landm Llc
Seller's Agent
Kay Kwak
LAFFEY REAL ESTATE
Buyer's Agent
Kay Kwak
LAFFEY REAL ESTATE
List Price
$999,000
Sold Price
$978,000
Premium/Discount to List
-$21,000
-2.1%
Current Estimated Value
$1,056,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,911
Avg. Annual Appreciation
2.34%
Original Mortgage
$635,700
Outstanding Balance
$607,066
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,845

Purchase Details

Closed on
May 10, 1995
Sold by
Reali Giovanni and Reali Josephine
Bought by
Reali Renato J and Reali Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Landm Llc $978,000 --
Landm Llc $978,000 --
Landm Llc $978,000 --
Reali Renato J -- --
Reali Renato J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landm Llc $635,700
Closed Landm Llc $635,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $978,000 -2.1% --
05/11/2022 05/11/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $999,000 -- --
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 $10,470 $54,346 $17,505 $36,841
2024 $10,470 $52,128 $16,194 $35,934
2023 $10,220 $50,885 $14,511 $36,374
2022 $9,583 $57,900 $18,360 $39,540
2021 $9,531 $56,220 $18,360 $37,860
2020 $9,586 $48,360 $18,360 $30,000
2019 $9,087 $43,440 $18,360 $25,080
2018 $8,644 $42,404 $15,338 $27,066
2017 $8,155 $40,004 $17,613 $22,391
2016 $7,545 $40,004 $17,613 $22,391
2015 $4,680 $38,808 $18,931 $19,877
2014 $4,680 $36,720 $20,400 $16,320
Source: Public Records

Agents Affiliated with this Home

  • Kay Kwak

    Seller's Agent in 2022

    Kay Kwak

    LAFFEY REAL ESTATE

    (917) 673-8238

    11 in this area

    34 Total Sales

    Kay Kwak
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Map

Source: OneKey® MLS

MLS Number: KEY3380330

OneKey® MLS

APN: 07900-0002

New York Queens County Jamaica 11426 Bellerose

81-60 242nd St, Jamaica, NY

Not Listed for Sale

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