NOT LISTED FOR SALE

86-08 218th St Jamaica, NY 11427

Queens Village Neighborhood

Estimated Value: $925,000 - $1,175,000

4 Beds
3 Baths
-- Sq Ft
4,672 Sq Ft Lot

Last Sold November 03, 2021

Last sale price $980,000

Est. 3% increase in value since last sale

Current estimated payment $6,230/month

83 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Porch
  • Ranch Style House
  • Corner Lot
  • Attached Garage

About This Home

As of November 2021

Charming legal 2 family corner detached house in Queens Village North. Live and earn rental income on this beautiful 4 bedrooms 3 bathrooms property. Lots of updates in the last 3 years, new kitchen, new bathroom, split A/C, new paver walkway, flooring, customized closets etc... Separate heating boiler & meters for the 2nd floor tenant unit. Finished Basement. Conveniently located near major highways, public transit, parks, and shopping. Building 25x43, Lot 57x95, Tax $7,766. Excellent condition, perfectly ready for the new owner to move right in. Come see it before it's gone!, Additional information: Appearance:Excellent

Last Agent to Sell the Property

Yuemei Yee

Winzone Realty Inc Brokerage Phone: 917-607-3902 License #10401261965 Listed on: 05/11/2021

Winzone Realty Inc

Last Buyer's Agent

Yuemei Yee

Winzone Realty Inc Brokerage Phone: 917-607-3902 License #10401261965 Listed on: 05/11/2021

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,766

Year Built

  • Built in 1950 | Remodeled in 2019

Lot Details

  • 4,672 Sq Ft Lot
  • Lot Dimensions are 57x95
  • Fenced
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • Attached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Pathways College Preparatory Middle School
  • Pathways College Preparatory High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Ducts Professionally Air-Sealed
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • 1 Fireplace
  • Porch
  • Property is near public transit
  • Finished Basement

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

$7,766

Year Built

Built in 1950 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Ranch
  • Property SubType: Duplex
  • Year Built: 1950
  • Year Built Effective: 2019
  • Attribution Contact: 917-607-3902
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • View: Open
  • Patio and Porch Features: Porch

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Ductwork, Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Pathways College Preparatory School

Lot Info

  • Lot Dimensions: 57x95
  • Lot Size Sq Ft: 4672
  • Lot Features: Corner Lot, Near Public Transit, Near Shops, Sprinklers In Front, Sprinklers In Rear
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7766

MLS Schools

  • High School: Pathways College Preparatory School
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Nov 3, 2021
Sold by
Feng Hong Sheng
Bought by
Chowdhury Asif and Chowdhury Zarin
Seller's Agent
Yuemei Yee
Winzone Realty Inc
Buyer's Agent
Yuemei Yee
Winzone Realty Inc
List Price
$999,000
Sold Price
$980,000
Premium/Discount to List
-$19,000
-1.9%
Current Estimated Value
$1,010,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,074
Avg. Annual Appreciation
1.22%
Original Mortgage
$897,435
Outstanding Balance
$828,150
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,791

Purchase Details

Closed on
Oct 14, 2004
Sold by
Community Homes Housing Development Fund
Bought by
Feng Hong Sheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chowdhury Asif $980,000 --
Feng Hong Sheng $522,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chowdhury Asif $897,435
Previous Owner Feng Hong Sheng $462,600
Previous Owner Hong Sheng Feng $200,000
Previous Owner Feng Hong Sheng $41,508
Previous Owner Feng Hong S $61,000
Previous Owner Feng Hong Sheng $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $980,000 -1.9% --
08/02/2021 08/02/21 Pending -- -- --
05/11/2021 05/11/21 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 $8,711 $45,974 $12,260 $33,714
2024 $8,711 $43,373 $13,244 $30,129
2023 $8,662 $43,128 $11,645 $31,483
2022 $8,593 $52,320 $16,800 $35,520
2021 $8,546 $52,800 $16,800 $36,000
2020 $7,814 $56,280 $16,800 $39,480
2019 $7,268 $51,060 $16,800 $34,260
2018 $7,029 $35,940 $16,800 $19,140
2017 $7,013 $35,872 $15,893 $19,979
2016 $6,455 $35,872 $15,893 $19,979
2015 $4,032 $31,927 $16,494 $15,433
2014 $4,032 $30,120 $18,660 $11,460
Source: Public Records

Agents Affiliated with this Home

  • Yuemei Yee

    Seller's Agent in 2021

    Yuemei Yee

    Winzone Realty Inc

    (917) 607-3902

    1 in this area

    18 Total Sales

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Map

Source: OneKey® MLS

MLS Number: L3311673

OneKey® MLS

APN: 10690-0113

New York Queens County Jamaica 11427 Queens Village

86-08 218th St, Jamaica, NY

This home is located at 86-08 218th St, Jamaica, NY 11427 since 11 May 2021 and is currently estimated at $1,010,074. This property was built in 1950. 86-08 218th St is a home located in Queens County with nearby schools including P.S. 33 Edward M. Funk, Jean Nuzzi Intermediate School, and Martin Van Buren High School.

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