NOT LISTED FOR SALE

Estimated Value: $917,000 - $991,000

5 Beds
2 Baths
2,112 Sq Ft
$459/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $809,000 $383 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,891/month

20 Days on Market

Highlights

  • Raised Ranch Architecture
  • Formal Dining Room
  • Cooling System Mounted In Outer Wall Opening
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Entrance Foyer

About This Home

As of September 2022

INCOME PRODUCING PROPERTY that is a diamond in the rough is perfectly situated within less than an hour to Brooklyn, Nassau, Suffolk, Manhattan, Bronx, Westchester, Yonkers and NJ, CT and PA!!! This home is a landlords dream come true with good bones and tons of add on value with some creativity!!! This home is a tenants dream location as it has easy access to many counties/states tons of parks, dining and shopping. This opportunity of a lifetime will be gone soon!!!!!

Last Agent to Sell the Property

Rich Marin

Signature Premier Properties License #10401235875 Listed on: 03/02/2021

Signature Premier Properties

Last Buyer's Agent

Qi Gao

Winzone Realty Inc License #40GA1104919

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,818

Year Built

  • Built in 1960

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Asbestos

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 34 / 14176
  • Assessor Parcel Number 14176-0034

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,818

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Two
  • Building Size: 2112
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 516-328-8600
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: 1st Floor Bedrm, Formal Dining Room, Entrance Foyer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 5
  • Living Area: 2112.00
  • Kitchens: 2
  • Square Footage: 2112.00

Exterior Features

  • Construction Materials: Asbestos, Brick
  • Flood Zone Report: No
  • Fencing: Partial

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Separate Hotwater Heater Detail: yes
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 14176-0034
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2022-09-13
  • Tax Annual Amount: 7818.00
  • Tax Block: 14176
  • Tax Lot: 34
  • Tax Map Number: 14176-0034

Multi Family

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

MLS Schools

  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Sep 13, 2022
Sold by
96-11 160Th Street Llc
Bought by
Chen Xinkai and Yang Peishan Mia
Seller's Agent
Rich Marin
Signature Premier Properties
Buyer's Agent
Qi Gao
Winzone Realty Inc
List Price
$798,897
Sold Price
$809,000
Premium/Discount to List
$10,103
1.26%
Total Days on Market
20
Current Estimated Value
$970,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,070
Avg. Annual Appreciation
7.08%
Original Mortgage
$600,000
Outstanding Balance
$576,725
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,603

Purchase Details

Closed on
Aug 25, 2020
Sold by
96-11 160Th Street Llc and Tirino
Bought by
96-11 160Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2019
Sold by
Molfetta Michael and Tirino Dorothea
Bought by
96-11 160Th Street Llc and Tirino
Source: Public Records

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Range of Values:

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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
Chen Xinkai $809,000 --
Chen Xinkai $809,000 --
96-11 160Th Street Llc -- --
96-11 160Th Street Llc -- --
96-11 160Th Street Llc $72,000 --
96 & 11 160Th Street Llc $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xinkai $600,000
Closed Chen Xinkai $600,000
Previous Owner 96-11 160Th Street Llc $50,000
Previous Owner 96-11 160Th Street Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $809,000 +1.3% $383 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $798,897 -- $378 / Sq Ft
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
2024 $8,902 $44,323 $8,603 $35,720
2023 $8,835 $43,988 $8,608 $35,380
2022 $8,285 $54,000 $11,460 $42,540
2021 $8,239 $50,160 $11,460 $38,700
2020 $7,818 $51,660 $11,460 $40,200
2019 $7,727 $53,460 $11,460 $42,000
2018 $7,473 $36,657 $10,497 $26,160
2017 $7,050 $34,583 $10,954 $23,629
2016 $6,522 $34,583 $10,954 $23,629
2015 $4,870 $30,780 $12,720 $18,060
2014 $4,870 $30,780 $12,720 $18,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3291572

OneKey® MLS

APN: 14176-0034