NOT LISTED FOR SALE

89-40 Desarc Rd Jamaica, NY 11417

Ozone Park Neighborhood

Estimated Value: $574,000 - $730,000

2 Beds
1 Bath
980 Sq Ft
$672/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of July 2020

, Additional information: Business Located At:,Interior Features:Combo Kitchen,Rental Income:

Last Agent to Rent the Property

Jose A. Portillo

Portillo Realty Corp License #31PO0813187 Listed on: 03/18/2020

Last Renter's Agent

Jose A. Portillo

Portillo Realty Corp License #31PO0813187 Listed on: 03/18/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 1,612

Home Design

  • Colonial Architecture
  • Apartment
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • 1 Common Wall
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Rent includes grounds care
  • 12-Month Minimum Lease Term

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Rental Info

  • Lease Considered: Yes
  • Tenant Pays: Electricity, Gas
  • Lease Term: 12 Months
  • Rent Includes: Grounds Care

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Colonial
  • Property SubType: Apartment
  • Levels: Two
  • CurrentPrice: 2200.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.59155
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Formal Dining, Master Downstairs
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Owner Pays: Trash
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Property Attached: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Estate Of Martin Martinez
Bought by
Garcia Diego Fernando
Current Estimated Value
$660,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,487
Outstanding Balance
$406,351
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$252,063

Purchase Details

Closed on
Sep 6, 2007
Sold by
Abreu Carmen and Martinez Martin
Bought by
Martinez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,400
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2007
Sold by
Fazio Helen
Bought by
Abreu Carmen and Martinez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,400
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2006
Sold by
Mangano Elizabeth and Mangano Nicholas
Bought by
Fazio Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Garcia Diego Fernando $470,000 --
Martinez Martin -- --
Abreu Carmen $431,000 --
Fazio Helen $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Diego Fernando $461,487
Previous Owner Abreu Carmen $409,400
Previous Owner Fazio Helen $311,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $2,200 -- --
07/11/2020 07/11/20 Rented $2,200 +4.8% --
06/17/2020 06/17/20 Price Changed $2,100 -33.2% $2 / Sq Ft
06/16/2020 06/16/20 Price Changed $3,145 -0.2% $3 / Sq Ft
06/09/2020 06/09/20 Price Changed $3,150 -3.1% $3 / Sq Ft
05/11/2020 05/11/20 Price Changed $3,250 -8.5% $3 / Sq Ft
03/18/2020 03/18/20 For Rent $3,550 -- --
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 $5,225 $27,575 $9,036 $18,539
2024 $5,225 $26,015 $8,583 $17,432
2023 $4,929 $24,542 $7,138 $17,404
2022 $4,622 $35,700 $11,640 $24,060
2021 $4,873 $34,560 $11,640 $22,920
2020 $4,864 $30,240 $11,640 $18,600
2019 $4,535 $33,300 $11,640 $21,660
2018 $4,169 $20,452 $10,147 $10,305
2017 $3,933 $19,296 $8,934 $10,362
2016 $3,857 $19,296 $8,934 $10,362
2015 $2,196 $19,149 $9,779 $9,370
2014 $2,196 $18,066 $10,972 $7,094
Source: Public Records

Agents Affiliated with this Home

  • Jose A. Portillo

    Landlord's Agent in 2020

    Jose A. Portillo

    Portillo Realty Corp

    (917) 435-2731

    9 Total Sales

    Jose A. Portillo
    Section Image

  • H

    Buyer Co-Listing Agent in 2020

    Hector Orozco

    Portillo Realty Corp

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Map

Source: OneKey® MLS

MLS Number: L3209058

OneKey® MLS

APN: 11369-0127

New York Queens County Jamaica 11417 Ozone Park

89-40 Desarc Rd, Jamaica, NY

Not Listed for Sale

MultiFamily

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