NOT LISTED FOR SALE

8703 Palo Alto St Unit 2nd Fl Hollis, NY 11423

Holliswood Neighborhood

Estimated Value: $1,159,000 - $1,445,000

2 Beds
1 Bath
2,559 Sq Ft
$525/Sq Ft Est. Value

About This Home

This home is located at 8703 Palo Alto St Unit 2nd Fl, Hollis, NY 11423 and is currently estimated at $1,343,634, approximately $525 per square foot. 8703 Palo Alto St Unit 2nd Fl is a home located in Queens County with nearby schools including P.S. 35 Nathaniel Woodhull, I.S. 238 Susan B Anthony Academy, and The Wellspring Schools.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Lobina Kalam
Bought by
Malik Akhtaruzzaman
Current Estimated Value
$1,343,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Outstanding Balance
$541,129
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$802,505

Purchase Details

Closed on
Jun 18, 2015
Sold by
Casaletto Alfred
Bought by
Kalam Lobina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
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.

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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.

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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.

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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.

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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
Malik Akhtaruzzaman $830,000 --
Kalam Lobina $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Akhtaruzzaman $618,000
Previous Owner Kalam Lobina $656,250
Source: Public Records

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 $11,908 $62,844 $18,690 $44,154
2024 $11,908 $59,288 $17,554 $41,734
2023 $11,235 $55,937 $17,054 $38,883
2022 $10,968 $82,020 $24,000 $58,020
2021 $11,562 $69,000 $24,000 $45,000
2020 $11,085 $65,820 $24,000 $41,820
2019 $10,335 $64,920 $24,000 $40,920
2018 $9,502 $46,614 $16,457 $30,157
2017 $9,333 $45,784 $17,867 $27,917
2016 $8,843 $45,784 $17,867 $27,917
2015 $4,990 $43,642 $18,754 $24,888
2014 $4,990 $41,173 $19,093 $22,080
Source: Public Records

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