9610 40th Rd Unit 1 Corona, NY 11368
Corona NeighborhoodEstimated Value: $1,614,000 - $1,750,000
6
Beds
2
Baths
3,036
Sq Ft
$547/Sq Ft
Est. Value
Highlights
- Property is near public transit
- 1-minute walk to Junction Boulevard
- Subterranean Parking
- Wood Flooring
- Formal Dining Room
- 2 Car Attached Garage
About This Home
As of May 2022Fantastic 2-Family Investment Opportunity w/ 6 Bedrooms 2 Baths With A Separate Basement Entrance To A Full Basement, Private Driveway & a 1 Car Attached Garage For Parking In A Quiet Neighborhood In Corona. The Main Level Unit Consists Of 3 Bedrooms & 1 Bath With A Large Dining & Living Room And Eat In Kitchen And Has Access To A Full Basement & Attached Garage. The Upper Unit Consists Of 3 Bedrooms And 1 Bath With The Same Layout As The Main Level. The Private Driveway Can Fit 1 Car As Well As An Additional Car In The Attached Garage. The Back Yard Is Easy To Maintain and Perfect For Entertaining And Receives Lots Of Sunlight. The Home Is Conveniently Located And Close To All Major Highways, Public Transportation, Schools, and Restaurants. Amazing Investment Opportunity In The Heart Of Queens. Hardwood Floors. Gas Heat, Separate Gas Hot Water Tank. 2 Electric and 2 Gas Meters. Full Basement With Separate Entrance, Additional Room, & Laundry. Delivered Vacant., Additional information: Appearance:Excellent,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Last Agent to Sell the Property
Douglas Elliman Real Estate Brokerage Phone: 516-354-6500 License #10401312921 Listed on: 02/09/2022
Last Buyer's Agent
Douglas Elliman Real Estate Brokerage Phone: 516-354-6500 License #10401312921 Listed on: 02/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,251
Year Built
- Built in 1965
Lot Details
- 2,504 Sq Ft Lot
- Lot Dimensions are 25.02x100.08
- Private Entrance
- Fenced
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Formal Dining Room
- Wood Flooring
- Eat-In Kitchen
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Attached Garage
- Subterranean Parking
- Driveway
- On-Street Parking
Location
- Property is near public transit
Schools
- Is 61 Leonardo Da Vinci Middle School
- Newtown High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 13 / 1605
- Assessor Parcel Number 01605-0013
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2022
Closed on
May 25, 2022
Sold by
Pajak Deceased Gary and Pajak Sole Surviving
Bought by
Zheng Jiamin and Zheng Lingjie
Seller's Agent
Michael Furino
Douglas Elliman Real Estate
Buyer's Agent
Michael Furino
Douglas Elliman Real Estate
List Price
$1,388,000
Sold Price
$1,520,000
Premium/Discount to List
$132,000
9.51%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,667
Avg. Annual Appreciation
2.92%
Original Mortgage
$912,000
Outstanding Balance
$870,251
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$789,416
Purchase Details
Closed on
Apr 13, 2005
Sold by
Pajak Carmella
Bought by
Pajak Gary
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zheng Jiamin | $1,520,000 | -- | |
| Zheng Jiamin | $1,520,000 | -- | |
| Pajak Gary | -- | -- | |
| Pajak Gary | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zheng Jiamin | $912,000 | |
| Closed | Zheng Jiamin | $912,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2022 05/26/22 | Sold | $1,520,000 | +9.5% | $501 / Sq Ft |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $1,388,000 | -- | $457 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,996 | $49,766 | $8,137 | $41,629 |
| 2023 | $9,996 | $49,766 | $8,318 | $41,448 |
| 2022 | $9,668 | $69,360 | $13,920 | $55,440 |
| 2021 | $7,128 | $74,220 | $13,920 | $60,300 |
| 2020 | $3,994 | $75,900 | $13,920 | $61,980 |
| 2019 | $3,679 | $64,980 | $13,920 | $51,060 |
| 2018 | $3,568 | $41,472 | $8,621 | $32,851 |
| 2017 | $3,398 | $39,672 | $9,781 | $29,891 |
| 2016 | $3,260 | $39,672 | $9,781 | $29,891 |
| 2015 | $1,818 | $36,633 | $9,806 | $26,827 |
| 2014 | $1,818 | $34,560 | $11,098 | $23,462 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Furino
Seller's Agent in 2022
Michael Furino
Douglas Elliman Real Estate
(516) 459-6246
2 in this area
129 Total Sales
-
Stephen DeFranco
Buyer Co-Listing Agent in 2022
Stephen DeFranco
Douglas Elliman Real Estate
(516) 354-6500
2 in this area
53 Total Sales
Map
Source: OneKey® MLS
MLS Number: L3375070
APN: 01605-0013
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