NOT LISTED FOR SALE

Estimated Value: $959,018 - $1,034,000

4 Beds
2 Baths
-- Sq Ft
2,000 Sq Ft Lot Lot

Sale Details

Date Sold: November 22, 2023

Last sale price $935,000

Est. 7% increase in value since last sale

Current estimated payment $6,036 / mo

13 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Hot Water Heating System
  • P.S. 129 Patricia Larkin Rated A-
  • Central Air

About This Home

As of November 2023

Welcome to this brick two-family home situated in the heart of College Point, one of Queens' most sought-after neighborhoods. This property presents an incredible opportunity for both investors and end users. Upon entering the ground floor, you have a beautiful one bedroom apartment with access to the backyard and absolutely no stairs, making it ideal for anyone looking for everything on one level. Moving to the second floor, you'll find a generously sized living room and open concept kitchen, three bedrooms and a full bathroom. Ample parking is available with an attached one-car garage and space for an additional car in the driveway. The property's prime location ensures easy access to shopping, dining, and entertainment located just a short distance from College Point Center and Spa Castle. This property will be delivered fully vacant. Seize this remarkable opportunity to own this extraordinary property and schedule your showing today. Don't miss out!

Last Agent to Sell the Property

Ronald 'Ron' Ferrara

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #10401255552 Listed on: 06/01/2023

Keller Williams Landmark II

Co-Listed By

Jennifer Blake*

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #10401325677

Last Buyer's Agent

Sau Lam Chan

Royalux Realty LLC License #10401215601

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,398

Year Built

  • Built in 1950

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Ps 129 Patricia Larkin Elementary School
  • JHS 194 William Carr Middle School
  • Flushing High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 39 / 3969
  • Assessor Parcel Number 03969-0039

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,398

Year Built

Built in 1950

Lot Details

2,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1950
  • New Construction: No
  • Co List Office Mls Id: ONEKLRW01
  • Co List Office Phone: 347-846-1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 194 William Carr

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 03969-0039
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-06-02

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7397.96
  • Tax Block: 3969
  • Tax Lot: 39
  • Tax Map Number: 03969-0039
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 129 Patricia Larkin,Ps 32 State Street
  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Nov 22, 2023
Sold by
Imbriale Rosemarie and Judith Morrell As Guardian
Bought by
Zheng Wei
Seller's Agent
Ronald 'Ron' Ferrara
Keller Williams Landmark II
Buyer's Agent
Sau Lam Chan
Royalux Realty LLC
List Price
$975,000
Sold Price
$935,000
Premium/Discount to List
-$40,000
-4.1%
Views
31
Current Estimated Value
$996,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,505
Avg. Annual Appreciation
2.63%
Original Mortgage
$570,000
Outstanding Balance
$557,311
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$439,194
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zheng Wei $935,000 --
Zheng Wei $935,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Wei $570,000
Closed Zheng Wei $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $935,000 -4.1% --
06/15/2023 06/15/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $975,000 -- --
Source: OneKey® MLS

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
2026 $8,596 $43,712 $8,797 $34,915
2025 $8,116 $42,798 $8,472 $34,326
2024 $8,116 $40,409 $8,868 $31,541
2023 $7,755 $38,611 $7,597 $31,014
2022 $6,880 $52,980 $11,640 $41,340
2021 $7,666 $50,940 $11,640 $39,300
2020 $7,549 $53,760 $11,640 $42,120
2019 $7,044 $48,840 $11,640 $37,200
2018 $6,559 $32,176 $6,859 $25,317
2017 $6,188 $30,356 $8,341 $22,015
2016 $6,068 $30,356 $8,341 $22,015
2015 $3,454 $29,721 $10,904 $18,817
2014 $3,454 $28,062 $10,366 $17,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3482155

OneKey® MLS

APN: 03969-0039

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