NOT LISTED FOR SALE

85-87 Parsons Blvd Jamaica, NY 11432

Jamaica Hills Neighborhood

Estimated Value: $1,031,808 - $1,273,000

6 Beds
3 Baths
-- Sq Ft
2,800 Sq Ft Lot

Last Sold September 05, 2013

Last sale price $500,000

Est. 131% increase in value since last sale

Current estimated payment $6,771/month

11 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Parsons Boulevard
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Den
  • Combination Dining and Living Room

About This Home

As of September 2013

This home is located at 85-87 Parsons Blvd, Jamaica, NY 11432 since 02 May 2013 and is currently estimated at $1,155,952. This property was built in 1925. 85-87 Parsons Blvd is a home located in Queens County with nearby schools including P.S. Q086, J.H.S. 217 Robert A. Van Wyck, and Hillcrest High School.

Last Agent to Sell the Property

Jay Modi

RE/MAX Frontier Brokerage Phone: 718-224-2900 License #40MO1024827 Listed on: 05/02/2013

RE/MAX Frontier

Co-Listed By

Neal & Jay Modi

RE/MAX Frontier Brokerage Phone: 718-224-2900 License #30MO0741430

Last Buyer's Agent

Jay Modi

RE/MAX Frontier Brokerage Phone: 718-224-2900 License #40MO1024827 Listed on: 05/02/2013

RE/MAX Frontier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1925

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 28 x 100
  • No Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Combination Dining and Living Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

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

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 9 / 9779
  • Assessor Parcel Number 09779-0009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-224-2900
  • Co List Office Mls Id: ONERMF01
  • Co List Office Phone: 718-224-2900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Den/Family Room, Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Oil
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 28 X 100
  • Lot Size Sq Ft: 2800
  • Parcel Number: 09779-0009
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 5236
  • Tax Block: 9779
  • Tax Lot: 9
  • Tax Map Number: 09779-0009

MLS Schools

  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Aug 23, 2013
Sold by
Estate Of Samuel A Tortoriello and Estate Of Saverio Tortoriello
Bought by
85-87 Parsons Realty Llc
Seller's Agent
Jay Modi
RE/MAX Frontier
Buyer's Agent
Jay Modi
RE/MAX Frontier
List Price
$659,000
Sold Price
$500,000
Premium/Discount to List
-$159,000
-24.13%
Current Estimated Value
$1,155,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,952
Avg. Annual Appreciation
7.14%
Original Mortgage
$275,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2012
Sold by
Donna Toto As Executor and The Estate Of Angelatoto
Bought by
Toto Donna

Purchase Details

Closed on
Apr 1, 1996
Sold by
Ali Mohamed and Ali Jahanara
Bought by
Ali Jahanara
Source: Public Records

Range of Values:

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Average Value
Not Available
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
85-87 Parsons Realty Llc $249,995 --
85-87 Parsons Realty Llc $249,995 --
85-87 Parsons Realty Llc $249,995 --
Toto Donna -- --
Toto Donna -- --
Ali Jahanara -- Commonwealth Land Title Ins
Ali Jahanara -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 85-87 Parsons Realty Llc $275,000
Previous Owner 85-87 Parsons Realty Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2013 09/05/13 Sold $500,000 -24.1% --
05/14/2013 05/14/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $659,000 -- --
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 $8,645 $45,624 $13,937 $31,687
2024 $8,645 $43,042 $12,353 $30,689
2023 $8,156 $40,608 $10,559 $30,049
2022 $7,948 $67,140 $19,080 $48,060
2021 $8,085 $60,780 $19,080 $41,700
2020 $8,048 $58,680 $19,080 $39,600
2019 $7,503 $53,340 $19,080 $34,260
2018 $6,898 $33,840 $12,542 $21,298
2017 $6,763 $33,177 $14,859 $18,318
2016 $6,400 $33,177 $14,859 $18,318
2015 $3,775 $31,683 $16,971 $14,712
2014 $3,775 $29,890 $16,695 $13,195
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jay Modi

    RE/MAX

    (646) 732-0513

    56 Total Sales

    Jay Modi
    Section Image
  • Neal & Jay Modi

    Seller Co-Listing Agent in 2013

    Neal & Jay Modi

    RE/MAX

    (800) 222-6325

    57 Total Sales

    Neal & Jay Modi
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY2579189

OneKey® MLS

APN: 09779-0009

New York Queens County Jamaica 11432 Jamaica Hills

85-87 Parsons Blvd, Jamaica, NY

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