NOT LISTED FOR SALE

Estimated Value: $768,786 - $842,000

2 Beds
1.5 Baths
1,761 Sq Ft
$458/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $710,000 $403 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,945/month

116 Days on Market

About This Home

As of April 2023

Welcome to 8456 123rd St, a legal two family, a shared driveway and private garage located in Kew Gardens Queens. The property provides its new homeowner with space, opportunity, and lifestyle. Only 3 blocks away from the M train, a few blocks from Metropolitan Ave and Jamaica Ave, where you will find ample amounts of shopping and restaurants. The property has a large basement, which can be combined with the first floor creating an owner's duplex. There's a nice backyard that can make for a lovely garden or additional outdoor space, as well as private garage. This property can use some updating to achieve its full potential. The property provides its new owner the possibility of creating an oversized single family or occupying one unit, while renting out the other unit to offset some of your monthly costs. Some neighborhood amenities are Forrest Park, Wallington Square and the neighborhood dog park (Forrest Park barking lot); which are all a few minutes away from the property.

Last Agent to Sell the Property

Bryan Ecock

Douglas Elliman Real Estate License #10301217207 Listed on: 11/03/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Bryan Ecock

Douglas Elliman Real Estate License #10301217207 Listed on: 11/03/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 1920

Lot Details

  • 2,242 Sq Ft Lot
  • Lot Dimensions are 22.42x100
  • No Common Walls

Parking

  • Shared Driveway

Home Design

  • 2-Story Property
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Middle School 137 America's School-Heroes
  • Richmond Hill High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 28 / 9238
  • Assessor Parcel Number 09238-0028

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,660

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Bilevel
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-631-8900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 2
  • Kitchens: 1

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-11-04
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ms 137 America'S School-Heroes
  • High School: Richmond Hill High School
  • Middle School: Ms 137 America'S School-Heroes

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 22.42x100
  • Lot Size Sq Ft: 2242.00
  • Lot Size Units: Acres
  • Parcel Number: 09238-0028
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-04-03
  • Tax Annual Amount: 5660.00
  • Tax Block: 9238
  • Tax Lot: 28
  • Tax Map Number: 09238-0028

Multi Family

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

MLS Schools

  • High School: Richmond Hill High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Apr 3, 2023
Sold by
Estate Of J Eugene Neibel Jr
Bought by
Lopez Noe Tzic and Yoc De Tzic
Seller's Agent
Bryan Ecock
Douglas Elliman Real Estate
Buyer's Agent
Bryan Ecock
Douglas Elliman Real Estate
List Price
$800,000
Sold Price
$710,000
Premium/Discount to List
-$90,000
-11.25%
Total Days on Market
116
Views
30
Current Estimated Value
$807,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,473
Avg. Annual Appreciation
5.61%
Original Mortgage
$603,500
Outstanding Balance
$588,942
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$219,541
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
Lopez Noe Tzic $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Noe Tzic $603,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $710,000 -5.3% $403 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $750,000 -6.3% $426 / Sq Ft
11/03/2022 11/03/22 For Sale $800,000 -- $454 / 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 $6,289 $33,189 $10,045 $23,144
2024 $6,289 $31,310 $10,826 $20,484
2023 $5,933 $29,539 $9,061 $20,478
2022 $5,563 $47,400 $15,000 $32,400
2021 $5,865 $39,480 $15,000 $24,480
2020 $5,854 $40,440 $15,000 $25,440
2019 $5,458 $36,300 $15,000 $21,300
2018 $5,018 $24,616 $8,704 $15,912
2017 $4,734 $23,223 $10,062 $13,161
2016 $4,642 $23,223 $10,062 $13,161
2015 $2,642 $23,048 $13,779 $9,269
2014 $2,642 $21,744 $14,290 $7,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3441406

OneKey® MLS

APN: 09238-0028