NOT LISTED FOR SALE

Estimated Value: $1,026,131 - $1,205,000

6 Beds
2 Baths
-- Sq Ft
3,900 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $1,105,000

Est. 3% increase in value since last sale

Current estimated payment $6,824/month

64 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • 4-minute walk to Detective William T. Gunn Park
  • P.S. 18 Q The Winchester School Rated A
  • Carpet

About This Home

As of December 2021

Excellent opportunity to own this Legal 2 family detached house in the heart of Queens Village. Great investment property, to have an owner occupy it as well as earn rental income on this 6 bedrooms 2 full bathroom home. Finished Basement with an OSE. This home is conveniently located near major highways, public transportation, parks, and shopping and local restaurants. The roof is 4 years young, and the gas boilers and hot water tank were recently updated., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Harpreet Kaur

Keller Williams Legendary Brokerage Phone: 718-650-5233 License #10401337603 Listed on: 07/19/2021

Keller Williams Legendary

Last Buyer's Agent

Harpreet Kaur

Keller Williams Legendary Brokerage Phone: 718-650-5233 License #10401337603 Listed on: 07/19/2021

Keller Williams Legendary

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,083

Year Built

  • Built in 1950

Lot Details

  • 3,900 Sq Ft Lot
  • Lot Dimensions are 39x100

Parking

  • Private Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Ps 18 Winchester Elementary School
  • Irwin Altman Middle School 172
  • Martin Van Buren High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 137 / 7950
  • Assessor Parcel Number 07950-0137

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,083

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1950
  • Attribution Contact: 718-650-5233
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage: No
  • Parking Description: Private

Utilities

  • Heating: Baseboard, Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Irwin Altman Middle School 172

Lot Info

  • Lot Dimensions: 39x100
  • Lot Size Sq Ft: 3900
  • Parcel Number: 07950-0137
  • 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: 8083.28
  • Tax Block: 7950
  • Tax Lot: 137

MLS Schools

  • Elementary School: Ps 18 Winchester
  • High School: Martin Van Buren High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Dec 6, 2021
Sold by
Hillside Essen Realty Llc
Bought by
Masih Rohit
Seller's Agent
Harpreet Kaur
Keller Williams Legendary
Buyer's Agent
Harpreet Kaur
Keller Williams Legendary
List Price
$1,199,000
Sold Price
$1,105,000
Premium/Discount to List
-$94,000
-7.84%
Current Estimated Value
$1,140,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,283
Avg. Annual Appreciation
-2.12%
Original Mortgage
$884,000
Outstanding Balance
$815,014
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,143

Purchase Details

Closed on
Jun 10, 2021
Sold by
Palackal Sudhan and Sudhan Palackal K
Bought by
Hillside Essen Realty Llc
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
Masih Rohit $1,105,000 --
Hillside Essen Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masih Rohit $884,000
Previous Owner Sudhan Palackal K $4,909
Previous Owner Sudhan Palackal K $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $1,105,000 0.0% --
09/21/2021 09/21/21 Pending -- -- --
09/14/2021 09/14/21 Off Market $1,105,000 -- --
07/19/2021 07/19/21 For Sale $1,199,000 -- --
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 $8,985 $47,420 $13,561 $33,859
2024 $8,985 $44,736 $15,118 $29,618
2023 $8,477 $42,204 $13,723 $28,481
2022 $7,948 $56,220 $19,080 $37,140
2021 $8,083 $53,640 $19,080 $34,560
2020 $8,069 $51,180 $19,080 $32,100
2019 $7,506 $44,100 $19,080 $25,020
2018 $6,872 $35,170 $14,755 $20,415
2017 $6,464 $33,180 $19,080 $14,100
2016 $6,323 $33,180 $19,080 $14,100
2015 $4,121 $37,865 $20,564 $17,301
2014 $4,121 $35,722 $19,400 $16,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3331148

OneKey® MLS

APN: 07950-0137