E
Seller's Agent in 2023
Edgar Abrams
RE/MAX
87-51 125th St Richmond Hill, NY 11418
Richmond Hill NeighborhoodEstimated Value: $967,000 - $1,115,447
7
Beds
3.5
Baths
2,800
Sq Ft
$370/Sq Ft
Est. Value
Highlights
- Water Access
- 4-minute walk to 121 Street
- Private Lot
- Cape Cod Architecture
- Property is near public transit
- Wood Flooring
About This Home
As of January 2023INCREDIBLY RARE OPPORTUNITY to own Richmond Hill's most unique property in this highly sought after neighborhood. This property consists of two legal homes on one lot. The first home features three bedrooms, one full bath with an open concept kitchen leading into the living room space separated by a large functional island. In addition, this home includes a finished basement that features a full bathroom, kitchenette, laundry room and separate private entrance. The second home features 4 bedrooms, an extremely large living room and 1.5 baths. Both homes have updated bathrooms and updated kitchens with granite countertops and stainless-steel appliances. In between both homes you will find a fenced in driveway that can easily allow for 2 to 3 cars to park inside the fence and an additional car in the carport. Both homes have recently replaced water heaters and the roofs were replaced in 2013. Located one block away from the J train & walking distance to the E train. Close to all. Taxed as a Two Family | No Violations | Property in the rear was approved by the DOB on 11/13/2003 and filed as such| Will be delivered fully vacant.
Last Agent to Sell the Property
Edgar Abrams
RE/MAX In The City Brokerage Phone: (917) 833-3248 License #10401324499 Listed on: 07/05/2022
Last Buyer's Agent
RE/MAX In The City Brokerage Phone: (917) 833-3248 License #10301201792
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,491
Year Built
- Built in 1901 | Remodeled in 2013
Lot Details
- 2,831 Sq Ft Lot
- No Common Walls
- Fenced
- Private Lot
- Level Lot
Parking
- 4 Car Detached Garage
- Carport
- Driveway
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Split Level Home
- Frame Construction
- Vinyl Siding
- Stucco
Interior Spaces
- 2,800 Sq Ft Home
- Storage
- Wood Flooring
- Finished Basement
- Walk-Out Basement
- Granite Countertops
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Powder Room
Outdoor Features
- Water Access
- Patio
- Porch
Location
- Property is near public transit
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2022
Closed on
Jan 13, 2023
Sold by
Ryan William J
Bought by
Bloom Aaron and Starace Lia
Seller's Agent
Edgar Abrams
RE/MAX In The City
Buyer's Agent
Edward Meltser
RE/MAX In The City
List Price
$949,000
Sold Price
$880,000
Premium/Discount to List
-$69,000
-7.27%
Views
109
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
$156,362
Avg. Annual Appreciation
6.11%
Original Mortgage
$704,000
Outstanding Balance
$683,448
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$343,194
Purchase Details
Closed on
Jan 24, 2011
Sold by
Hill Ny Corp
Bought by
Ryan Iv William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,065
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 9, 2010
Sold by
Luther C Williams Esq , As Referee
Bought by
Hill Ny Corp
Purchase Details
Closed on
Apr 28, 2006
Sold by
Saavedra Segundo
Bought by
Peralta Freddy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 1995
Sold by
Anjon Equities
Bought by
Saavedra Segundo
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bloom Aaron | $880,000 | -- | |
| Ryan Iv William J | $490,500 | -- | |
| Hill Ny Corp | $230,000 | -- | |
| Peralta Freddy R | $550,000 | -- | |
| Saavedra Segundo | $117,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bloom Aaron | $704,000 | |
| Previous Owner | Ryan William J | $101,349 | |
| Previous Owner | Ryan William J | $389,702 | |
| Previous Owner | Ryan Iv William J | $478,065 | |
| Previous Owner | Peralta Freddy R | $440,000 | |
| Previous Owner | Saavedra Segundo | $386,400 | |
| Previous Owner | Saavedra Segundo | $335,750 | |
| Previous Owner | Saavedra Segundo | $23,225 | |
| Previous Owner | Saavedra Segundo | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2023 01/13/23 | Sold | $880,000 | 0.0% | $314 / Sq Ft |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 11/09/2022 11/09/22 | Off Market | $880,000 | -- | -- |
| 09/20/2022 09/20/22 | Price Changed | $899,999 | -2.7% | $321 / Sq Ft |
| 08/22/2022 08/22/22 | Price Changed | $925,000 | -1.1% | $330 / Sq Ft |
| 07/19/2022 07/19/22 | Price Changed | $935,000 | -1.5% | $334 / Sq Ft |
| 07/05/2022 07/05/22 | For Sale | $949,000 | -- | $339 / 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 | $5,933 | $31,311 | $9,214 | $22,097 |
| 2024 | $5,933 | $29,539 | $8,164 | $21,375 |
| 2023 | $5,597 | $27,868 | $8,257 | $19,611 |
| 2022 | $5,563 | $51,300 | $18,240 | $33,060 |
| 2021 | $5,821 | $48,480 | $18,240 | $30,240 |
| 2020 | $5,523 | $47,580 | $18,240 | $29,340 |
| 2019 | $5,149 | $46,560 | $18,240 | $28,320 |
| 2018 | $4,734 | $23,223 | $12,930 | $10,293 |
| 2017 | $4,734 | $23,223 | $11,424 | $11,799 |
| 2016 | $4,608 | $23,223 | $11,424 | $11,799 |
| 2015 | $2,423 | $21,744 | $14,079 | $7,665 |
| 2014 | $2,423 | $20,514 | $15,940 | $4,574 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Edward Meltser
RE/MAX
(917) 577-8694
1 in this area
199 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY6196842
APN: 09334-0059
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