NOT LISTED FOR SALE

8623 123rd St Richmond Hill, NY 11418

Kew Gardens Neighborhood

Estimated Value: $992,000 - $1,124,000

5 Beds
2 Baths
-- Sq Ft
2,300 Sq Ft Lot

Last Sold June 08, 2012

Last sale price $252,000

Est. 314% increase in value since last sale

Current estimated payment $6,255/month

33 Days on Market

Highlights

  • Colonial Architecture
  • 2-minute walk to 121 Street
  • Combination Dining and Living Room
  • Main Floor Primary Bedroom

About This Home

As of June 2012

This home is located at 8623 123rd St, Richmond Hill, NY 11418 since 11 April 2012 and is currently estimated at $1,043,894. This property was built in 1925. 8623 123rd St is a home located in Queens County with nearby schools including P.S. 54 - Hillside, J.H.S. 217 Robert A. Van Wyck, and Richmond Hill High School.

Last Agent to Sell the Property

Paul Luciano

Utopia Real Estate Brokerage Phone: 718-359-1900 License #10311206341 Listed on: 04/11/2012

Last Buyer's Agent

Maria Tulumba

Utopia Real Estate License #30TU0820876

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1925

Lot Details

  • 2,300 Sq Ft Lot
  • Lot Dimensions are 23 x 100
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Legal Lot and Block 99 / 9277
  • Assessor Parcel Number 09277-0099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,715

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Exclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-359-1900
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 23 X 100
  • Lot Size Sq Ft: 2300
  • Parcel Number: 09277-0099
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 2715
  • Tax Block: 9277
  • Tax Lot: 99
  • Tax Map Number: 09277-0099

MLS Schools

  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Khan Ajmal
Bought by
Thakur Kusham and Thakur Ranbir
Current Estimated Value
$1,043,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Outstanding Balance
$714,228
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,666

Purchase Details

Closed on
Jul 19, 2022
Sold by
Khan Ajmal and Khan Sajjad
Bought by
Khan Ajmal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Outstanding Balance
$714,228
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,666

Purchase Details

Closed on
Oct 28, 2021
Sold by
Khan Ajmal and Khan Sajjad
Bought by
Khan Ajmal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2012
Sold by
Light Holding Inc
Bought by
Khan Ajmal and Khan Sajjad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jun 7, 2012
Sold by
The Bank Of New York Mellon and The Bank Of New York As Trustee
Bought by
Light Holding Inc
Seller's Agent
Paul Luciano
Utopia Real Estate
Buyer's Agent
Maria Tulumba
Utopia Real Estate
List Price
$262,900
Sold Price
$252,000
Premium/Discount to List
-$10,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
May 29, 2009
Sold by
Mcfaul John
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 26, 2006
Sold by
Permaul Jaswantee
Bought by
Gutierrez Joceleyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,840
Interest Rate
6.18%

Purchase Details

Closed on
Dec 31, 2001
Sold by
Hud
Bought by
Permaul Jaswantee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1999
Sold by
Abraham Ricardo and Nyc Parking Violations Bureau
Bought by
Hud

Purchase Details

Closed on
Jun 24, 1996
Sold by
Singh Ruth Ramjewan and Lalla Terrence Dukheedeen
Bought by
Abraham Ricardo
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thakur Kusham $995,000 --
Thakur Kusham $995,000 --
Khan Ajmal -- --
Khan Ajmal -- --
Khan Ajmal -- --
Khan Ajmal -- --
Khan Ajmal $495,000 --
Khan Ajmal $495,000 --
Light Holding Inc $252,000 --
Light Holding Inc $252,000 --
The Bank Of New York Mellon $301,000 --
The Bank Of New York Mellon $301,000 --
Gutierrez Joceleyne $574,200 --
Gutierrez Joceleyne $574,200 --
Permaul Jaswantee -- --
Permaul Jaswantee -- --
Hud $165,072 First American Title Ins Co
Hud $165,072 First American Title Ins Co
Abraham Ricardo $147,000 Chicago Title Insurance Co
Abraham Ricardo $147,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakur Kusham $746,250
Closed Thakur Kusham $746,250
Previous Owner Khan Ajmal $80,000
Previous Owner Khan Ajmal $14,483
Previous Owner Khan Ajmal $656,000
Previous Owner Khan Ajmal $208,093
Previous Owner Khan Ajmal $486,034
Previous Owner Gutierrez Joceleyne $114,840
Previous Owner Gutierrez Joceleyne $459,360
Previous Owner Permaul Jaswantee $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2012 06/08/12 Sold $252,000 -4.1% --
05/15/2012 05/15/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $262,900 -- --
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 $7,338 $38,726 $7,228 $31,498
2024 $7,338 $36,534 $7,434 $29,100
2023 $7,092 $35,312 $6,748 $28,564
2022 $6,824 $51,720 $10,560 $41,160
2021 $7,162 $45,180 $10,560 $34,620
2020 $6,961 $44,340 $10,560 $33,780
2019 $4,946 $36,180 $10,560 $25,620
2018 $4,612 $22,627 $7,162 $15,465
2017 $3,464 $16,992 $6,417 $10,575
2016 $3,371 $16,992 $6,417 $10,575
2015 $2,196 $15,909 $8,516 $7,393
2014 $2,196 $15,009 $9,652 $5,357
Source: Public Records

Agents Affiliated with this Home

  • Paul Luciano

    Seller's Agent in 2012

    Paul Luciano

    Utopia Real Estate

    (718) 359-1900

    178 Total Sales

    Paul Luciano
    Section Image

  • M

    Buyer's Agent in 2012

    Maria Tulumba

    Utopia Real Estate

    (718) 359-1900

    67 Total Sales

    Maria Tulumba
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY2485254

OneKey® MLS

APN: 09277-0099

New York Queens County Richmond Hill 11418 Kew Gardens

8623 123rd St, Richmond Hill, NY

This home is located at 8623 123rd St, Richmond Hill, NY 11418 since 11 April 2012 and is currently estimated at $1,043,894. This property was built in 1925. 8623 123rd St is a home located in Queens County with nearby schools including P.S. 54 - Hillside, J.H.S. 217 Robert A. Van Wyck, and Richmond Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes