NOT LISTED FOR SALE

Estimated Value: $1,149,000 - $1,468,000

-- Bed
5 Baths
3,603 Sq Ft
$360/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $1,230,000 $341 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,070/month

19 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • Garage
  • P.S. 51 Rated A-

About This Home

As of September 2022

A rare find in highly sought after Richmond Hill, Queens! Fully detached 2 family house on a 60 x 92 lot, featuring 3 stories, a full basement, approximately 3,603 sq ft of living space, a private driveway, private backyard, and much more. Owner occupied and meticulously maintained. Unit 1 (main floor) features 3 bedrooms, modern subway tile kitchen, renovated bathroom, new hardwood floors, recessed lighting, high ceilings, access to backyard, and access to basement. Unit 2 (2nd & 3rd floor duplex) features 4 bedrooms, modern two tone kitchen, renovated subway tile bathroom, new hardwood floors, recessed lighting, high ceilings, and much more. Full basement adds even more recreation space for your enjoyment. Outdoor features include enclosed front yard, wide private driveway, detached 1 car garage, and private backyard. Location is ideal with bustling Jamaica Ave less than 1 block away, Lefferts Blvd just 4 blocks away, 111 St station (J) just 5 blocks away, and 538 acre Forest Park just 7 blocks away. Easy access to Manhattan via J line at 121st St which provides direct access to Sutphin Blvd - Archer Av station (E, J, Z). Can also hop on the Q10 at Lefferts Blvd/Jamaica Ave which provides direct access to Kew Gardens - Union Tpke station (E, F). Near JFK and zoned Elementary school also just a few blocks away. A truly unique opportunity to own a fully detached 2 family, with tons of living space, on an oversized lot, in a prime location, and tastefully renovated throughout. Nothing to do but move right in and/or find your new tenants. Location and high quality finishes will ensure top dollar rental rates! Call today to schedule a viewing.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 60.0 x 92.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,603 Sq Ft Home
  • 2-Story Property

Community Details

  • Forest Hills Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 71 / 9326

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,899

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Jamaica Avenue/89th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Forest Hills
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 3603.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 60.0 x 92.0

Building Info

  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 9326
  • Tax Lot: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Sep 16, 2022
Sold by
Merrit Jessica and Plaza Radames
Bought by
8747 116 St Llc
List Price
$1,199,000
Sold Price
$1,230,000
Premium/Discount to List
$31,000
2.59%
Views
5
Current Estimated Value
$1,344,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,890
Avg. Annual Appreciation
3.28%
Original Mortgage
$822,250
Outstanding Balance
$788,672
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$562,954

Purchase Details

Closed on
Jan 22, 2019
Sold by
Plaza Radames and Plaza Radames
Bought by
Merritt Jessica and Plaza Radames

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2017
Sold by
Plaza Radames
Bought by
Plaza Radames Ii
Source: Public Records

Range of Values:

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Average Value
Not Available
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
8747 116 St Llc $1,265,000 --
Merritt Jessica -- --
Plaza Radames Ii $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8747 116 St Llc $822,250
Previous Owner Merritt Jessica $570,000
Previous Owner Merritt Jessica $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,230,000 +2.6% $341 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $1,199,000 -- $333 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $8,899 $46,967 $14,742 $32,225
2024 $8,899 $44,309 $14,003 $30,306
2023 $8,396 $41,803 $13,468 $28,335
2022 $8,345 $74,640 $22,380 $52,260
2021 $8,731 $61,860 $22,380 $39,480
2020 $8,285 $60,420 $22,380 $38,040
2019 $7,724 $57,240 $22,380 $34,860
2018 $7,101 $34,836 $11,770 $23,066
2017 $4,004 $34,836 $15,127 $19,709
2016 $2,835 $34,836 $15,127 $19,709
2015 $3,964 $32,616 $20,728 $11,888
2014 $3,964 $30,770 $23,091 $7,679
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10798683

Real Estate Board of New York (REBNY)

APN: 09326-0071