NOT LISTED FOR SALE

Estimated Value: $1,100,545 - $1,356,000

8 Beds
5 Baths
-- Sq Ft
3,400 Sq Ft Lot

Last Sold October 26, 2022

Last sale price $990,000

Est. 19% increase in value since last sale

Current estimated payment $7,146/month

58 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Property is near public transit
  • Main Floor Bedroom
  • Zoned Cooling

About This Home

As of October 2022

Legal THREE family home located in the heart of Jamaica Queens, NY. This?Colonial?style home has some pretty amazing features. As you walk up the private driveway, you are invited by the bright red brick that makes the home as well as 1 car attached garage.? The first floor is commercially zoned and could be used as an office space. Also features 2 bedrooms, Updated Kitchen, w/ Stainless Steel appliances, 1 Full bathroom, a Laundry room, and an outdoor patio made for entertainment. Second floor consists of 3 spacious bedrooms, 2 Full Bathrooms, 1 quaint kitchen, and a Living room to relax with friends. Third floor also has 3 spacious bedrooms, 2 full bathrooms and a living room. This building is an investor's dream! You should not wait to see this home. It will not last!

Last Agent to Sell the Property

Jagmeet Singh

Property Professionals Realty License #10301222830 Listed on: 06/01/2022

Property Professionals Realty

Co-Listed By

Navdeep Singh

Property Professionals Realty License #10401342239

Last Buyer's Agent

Aaron Vallejo

Century 21 Monticello Realty License #10401307038

Century 21 Monticello Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,800

Year Built

  • Built in 1960 | Remodeled in 2008

Lot Details

  • 3,400 Sq Ft Lot
  • Lot Dimensions are 34x100
  • No Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 5 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 90 Horace Mann Elementary School
  • Middle School 137 America's School-Heroes
  • Richmond Hill High School

Utilities

  • Zoned Cooling
  • 1 Heating Zone
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 51 / 9315
  • Assessor Parcel Number 09315-0051

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,800

Year Built

Built in 1960 | Remodeled in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1960
  • New Construction: No
  • Year Built Effective: 2008
  • Attribution Contact: 516-605-2700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2008

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: See Remarks
  • Total Bedrooms: 8
  • Kitchens: 3

Exterior Features

  • Construction Materials: Brick, Other
  • Flood Zone Date: 2022-06-03
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 90 Horace Mann
  • Middle School: Ms 137 America'S School-Heroes
  • High School: Richmond Hill High School
  • Middle School: Ms 137 America'S School-Heroes

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Size Area: 0.0800
  • Lot Dimensions: 34x100
  • Lot Size Sq Ft: 3400.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 09315-0051
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-26
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 9800.00
  • Tax Block: 9315
  • Tax Lot: 51
  • Tax Map Number: 09315-0051

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Ps 90 Horace Mann
  • High School: Richmond Hill High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Oct 26, 2022
Sold by
Kaur Jatinder
Bought by
Ballena Brenda and Ballena Larry
Seller's Agent
Jagmeet Singh
Property Professionals Realty
Buyer's Agent
Aaron Vallejo
Century 21 Monticello Realty
List Price
$1,300,000
Sold Price
$990,000
Premium/Discount to List
-$310,000
-23.85%
Views
4
Current Estimated Value
$1,179,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,136
Avg. Annual Appreciation
5.52%
Original Mortgage
$855,208
Outstanding Balance
$829,404
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$326,379

Purchase Details

Closed on
Sep 21, 2006
Sold by
Singh Harvinder
Bought by
Jatinder Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,909
Interest Rate
6.54%

Purchase Details

Closed on
Mar 27, 2003
Sold by
Derewyanko Maria and Derewyanko Wasyl
Bought by
Singh Harvinder
Source: Public Records

Range of Values:

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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
Ballena Brenda $990,000 --
Ballena Brenda $990,000 --
Jatinder Kaur -- --
Jatinder Kaur -- --
Singh Harvinder $424,000 --
Singh Harvinder $424,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballena Brenda $855,208
Closed Ballena Brenda $855,208
Previous Owner Jatinder Kaur $112,909
Closed Singh Harvinder $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $990,000 -22.4% --
07/29/2022 07/29/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $1,275,000 -1.9% --
06/01/2022 06/01/22 For Sale $1,300,000 -- --
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 $10,355 $54,649 $28,926 $25,723
2024 $10,355 $51,556 $29,546 $22,010
2023 $10,355 $51,556 $29,920 $21,636
2022 $10,214 $55,320 $35,760 $19,560
2021 $10,159 $56,220 $35,760 $20,460
2020 $9,640 $61,800 $35,760 $26,040
2019 $8,987 $62,880 $35,760 $27,120
2018 $8,758 $42,963 $21,285 $21,678
2017 $8,692 $42,639 $25,261 $17,378
2016 $8,042 $42,639 $25,261 $17,378
2015 $4,852 $37,951 $25,684 $12,267
2014 $4,852 $35,803 $29,076 $6,727
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3404173

OneKey® MLS

APN: 09315-0051