NOT LISTED FOR SALE

88-17 196th St Hollis, NY 11423

Hollis Neighborhood

Estimated Value: $1,087,000 - $1,386,000

5 Beds
3 Baths
-- Sq Ft
8,750 Sq Ft Lot

Last Sold September 21, 2023

Last sale price $999,000

Est. 20% increase in value since last sale

Current estimated payment $6,997/month

5 Days on Market

Highlights

  • 0.2 Acre Lot
  • Property is near public transit
  • 1 Car Detached Garage

About This Home

As of September 2023

Just arrived- oversized and spacious detached 2 family house in prime location. This home is ready to be customized to your liking- in need of some TLC but has great potential. Convenient to all. Won't last!

Last Agent to Sell the Property

Maureen Ramsbottom

Maureen Folan R E Group LLC License #10491206775 Listed on: 05/31/2023

Last Buyer's Agent

Maureen Ramsbottom

Maureen Folan R E Group LLC License #10491206775 Listed on: 05/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,400

Year Built

  • Built in 1965

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 50x175
  • No Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 35 Nathaniel Woodhull Elementary School
  • Is 238 Susan B Anthony Academy Middle School
  • Martin Van Buren High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 49 / 10471
  • Assessor Parcel Number 10471-0049

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,400

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Fair
  • Year Built: 1965
  • New Construction: No
  • BuildingSize: 26 x 49
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 238 Susan B Anthony Academy

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 50x175
  • Lot Size Sq Ft: 8750
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 10471-0049
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8400
  • Tax Block: 10471
  • Tax Lot: 49
  • Tax Map Number: 10471-0049

MLS Schools

  • Elementary School: Ps 35 Nathaniel Woodhull
  • High School: Martin Van Buren High School
  • Middle School District: Queens 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Sep 21, 2023
Sold by
A
Bought by
Haley 88-17 Llc
Seller's Agent
Maureen Ramsbottom
Maureen Folan R E Group LLC
Buyer's Agent
Maureen Ramsbottom
Maureen Folan R E Group LLC
List Price
$998,000
Sold Price
$999,000
Premium/Discount to List
$1,000
0.1%
Views
50
Current Estimated Value
$1,198,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,663
Avg. Annual Appreciation
8.59%
Original Mortgage
$925,000
Outstanding Balance
$906,176
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,487
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haley 88-17 Llc $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haley 88-17 Llc $925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $999,000 +0.1% --
06/06/2023 06/06/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $998,000 -- --
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 $8,516 $44,941 $15,816 $29,125
2024 $8,516 $42,398 $14,657 $27,741
2023 $8,516 $42,398 $13,838 $28,560
2022 $8,400 $63,600 $23,460 $40,140
2021 $8,354 $54,120 $23,460 $30,660
2020 $7,927 $47,820 $23,460 $24,360
2019 $7,391 $46,620 $23,460 $23,160
2018 $7,202 $35,332 $18,106 $17,226
2017 $7,148 $35,065 $15,868 $19,197
2016 $6,613 $35,065 $15,868 $19,197
2015 $3,990 $31,209 $18,987 $12,222
2014 $3,990 $29,444 $17,642 $11,802
Source: Public Records

Agents Affiliated with this Home

  • Maureen Ramsbottom

    Seller's Agent in 2023

    Maureen Ramsbottom

    Maureen Folan R E Group LLC

    (718) 767-8200

    2 in this area

    543 Total Sales

    Maureen Ramsbottom
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3481591

OneKey® MLS

APN: 10471-0049

New York Queens County Hollis 11423 Hollis

88-17 196th St, Hollis, NY

Not Listed for Sale

MultiFamily

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