8658 261st St Floral Park, NY 11001
5
Beds
3
Baths
1,600
Sq Ft
4,000
Sq Ft Lot
Highlights
- Colonial Architecture
- Property is near public transit
- 2 Car Detached Garage
- P.S. 191 Mayflower School Rated A
- Main Floor Primary Bedroom
- Eat-In Kitchen
About This Home
As of September 2024Welcome to this Beautiful Legal 2 Family House located in the Heart of Floral Park. This Corner Property comes with a 2 Car Garage and is Conveniently Located Near Restaurants, Buses & a few minutes away from the LIRR Train Station (Reach Manhattan in about 35 min). Two Hot Water Tanks. Two New Boilers. Two Gas Meters. Two Electric Meters. 5 Total Bedrooms. 3 Bathrooms. This Home is perfect for Investors and Large Families. In the First Floor: A Spacious Foyer. 3 Bedrooms. Living Room. Formal Dining Room. Full Bathroom. A Spacious Eat-in Kitchen. On the Second Floor: Living Room. Kitchen. 2 Bedrooms. Bathroom. Full Finished Basement with a Separate Entrance, Bathroom and lots of storage space. Located in Queens w/ Queens Taxes. Reach JFK & LGA Airport & UBS Arena in minutes.
Last Agent to Sell the Property
S H V Real Estate Corp Brokerage Phone: 718-343-5200 License #31SH1064229 Listed on: 01/25/2024
Co-Listed By
Rohit Sharma
S H V Real Estate Corp Brokerage Phone: 718-343-5200 License #10301218480
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,570
Year Built
- Built in 1935
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 40x100
- No Common Walls
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Frame Construction
Interior Spaces
- 1,600 Sq Ft Home
- Entrance Foyer
- Combination Dining and Living Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- In-Law or Guest Suite
- 3 Full Bathrooms
Location
- Property is near public transit
Schools
- Irwin Altman Middle School 172
- Martin Van Buren High School
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 4 / 8819
- Assessor Parcel Number 08819-0004
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2024
Closed on
Aug 30, 2024
Sold by
Kaur Akwinder and Singh Kuldip
Bought by
Ray Banane S and Roy Shanta P
Seller's Agent
Reema Sharma
S H V Real Estate Corp
Buyer's Agent
Rina Saha
RE/MAX Luxe
List Price
$1,059,000
Sold Price
$999,000
Premium/Discount to List
-$60,000
-5.67%
Views
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,754
Avg. Annual Appreciation
2.12%
Original Mortgage
$590,000
Outstanding Balance
$584,230
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,524
Purchase Details
Closed on
Mar 13, 2018
Sold by
Barrale Lillian and Barrale Richard
Bought by
Kaur Akwinder and Singh Kuldip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,700
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2004
Sold by
Barrale John and Barrale Lillian
Bought by
Barrale Lillian
Similar Homes in Floral Park, NY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,000 | -- | |
| Deed | $575,000 | -- | |
| Deed | $575,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $590,000 | Purchase Money Mortgage | |
| Previous Owner | $373,700 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $999,000 | 0.0% | $624 / Sq Ft |
| 04/11/2024 04/11/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | Off Market | $999,000 | -- | -- |
| 01/26/2024 01/26/24 | For Sale | $1,059,000 | -- | $662 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $8,984 | $47,376 | $14,760 | $32,616 |
| 2024 | $8,984 | $44,730 | $15,230 | $29,500 |
| 2023 | $8,476 | $42,200 | $15,986 | $26,214 |
| 2022 | $7,948 | $47,580 | $17,160 | $30,420 |
| 2021 | $8,378 | $46,440 | $17,160 | $29,280 |
| 2020 | $8,357 | $51,060 | $17,160 | $33,900 |
| 2019 | $7,798 | $43,740 | $17,160 | $26,580 |
| 2018 | $7,169 | $35,167 | $15,102 | $20,065 |
| 2017 | $2,735 | $33,177 | $15,632 | $17,545 |
| 2016 | $2,695 | $33,177 | $15,632 | $17,545 |
| 2015 | $1,449 | $32,900 | $17,067 | $15,833 |
| 2014 | $1,449 | $31,063 | $17,895 | $13,168 |
Source: Public Records
Agents Affiliated with this Home
-
Reema Sharma
Seller's Agent in 2024
Reema Sharma
S H V Real Estate Corp
(347) 886-4641
16 in this area
78 Total Sales
-
R
Seller Co-Listing Agent in 2024
Rohit Sharma
S H V Real Estate Corp
-
Rina Saha
Buyer's Agent in 2024
Rina Saha
RE/MAX Luxe
(877) 943-8676
2 in this area
41 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3527764
APN: 08819-0004
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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.
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