$1,400,000
SOLD NOV 18, 2024
8 Beds
6 Baths
2,000 Sq Ft
2,782 Sq Ft Lot

Recently Sold

$700 Per Sq Ft

7% Below List Price

63 Days on Market

Highlights

  • Property is near public transit
  • P.S. 99 - Kew Gardens Rated A-
  • 1 Car Attached Garage

About This Home

As of November 2024

Just arrived- great investment opportunity in convenient location. Well maintained, young, brick attached 2 family home. This layout includes 3/3/2/finished basement. Located in the heart of Kew Gardens, close to shopping and transportation. Must see to appreciate. Won't last!

Last Agent to Sell the Property

Maureen Ramsbottom

Maureen Folan R E Group LLC Brokerage Phone: 718-767-8200 License #10491206775 Listed on: 05/30/2024

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,666

Year Built

  • Built in 1970

Lot Details

  • 2,782 Sq Ft Lot
  • Lot Dimensions are 33x84.3
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Schools

  • Ps 99 Kew Gardens Elementary School
  • JHS 190 Russell Sage Middle School
  • Hillcrest High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit
  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 480 / 9242
  • Assessor Parcel Number 09242-0480

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,666

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Year Built: 1970
  • New Construction: No
  • Attribution Contact: 718-767-8200
  • BuildingSize: 33 x 40
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Basement: Finished
  • Total Bedrooms: 8
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 190 Russell Sage

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 33x84.3
  • Lot Size Sq Ft: 2782
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 09242-0480
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 10666
  • Tax Block: 9242
  • Tax Lot: 480
  • Tax Map Number: 09242-0480

MLS Schools

  • Elementary School: Ps 99 Kew Gardens
  • High School: Hillcrest High School
  • Middle School District: Queens 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Nov 18, 2024
Sold by
8545 Abingdon Rd Llc
Bought by
Davidov Mark and Sulaymanov Polina
Seller's Agent
Maureen Ramsbottom
Maureen Folan R E Group LLC
Buyer's Agent
Non Member
NonMember
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Total Days on Market
63
Views
22
Current Estimated Value
$1,416,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,478
Avg. Annual Appreciation
4.84%
Original Mortgage
$1,050,000
Outstanding Balance
$1,043,168
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$408,026

Purchase Details

Closed on
Dec 12, 2023
Sold by
Arcabascio Madolena
Bought by
8545 Abingdon Rd Llc

Purchase Details

Closed on
Oct 3, 2013
Sold by
Rappa Giuseppe and Rappa Josephine
Bought by
Arcabascio Madolena
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,400,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $1,400,000 -6.6% $700 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $1,499,000 -- $750 / 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 $11,181 $56,090 $13,642 $42,448
2024 $11,181 $55,668 $14,513 $41,155
2023 $10,548 $52,518 $11,621 $40,897
2022 $9,388 $82,440 $20,460 $61,980
2021 $9,837 $73,620 $20,460 $53,160
2020 $9,894 $74,220 $20,460 $53,760
2019 $9,704 $80,100 $20,460 $59,640
2018 $8,921 $43,765 $11,489 $32,276
2017 $8,417 $41,288 $12,116 $29,172
2016 $7,787 $41,288 $12,116 $29,172
2015 $4,478 $38,952 $15,739 $23,213
2014 $4,478 $38,659 $18,736 $19,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3555409

OneKey® MLS

APN: 09242-0480