NOT LISTED FOR SALE

Estimated Value: $1,046,714 - $1,427,000

7 Beds
3 Baths
-- Sq Ft
1,720 Sq Ft Lot

Last Sold March 25, 2021

Last sale price $930,000

Est. 31% increase in value since last sale

Current estimated payment $7,243/month

39 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Heating System Uses Steam
  • Main Floor Bedroom

About This Home

As of March 2021

Excellent opportunity to own a 2 Family house in Corona. Looking for an investment opportunity? This is it! Looking to buy a 2 family to live in and have a rental income no need to look more with a private parking and a walk out basement. Each apartment features an enclosed porch. It will go fast., Additional information: Appearance:Very Good

Last Agent to Sell the Property

Alejandra Fermin

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205596 Listed on: 10/05/2020

Co-Listed By

Elias Borjas

Empire Fine Homes Brokerage Phone: 718-841-7309 License #10311205458

Last Buyer's Agent

Min Duan Wong

Lucky Real Estate LLC License #10401282111

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,060

Year Built

  • Built in 1920

Lot Details

  • 1,720 Sq Ft Lot
  • Lot Dimensions are 21.5x80
  • 1 Common Wall

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 1882
  • Assessor Parcel Number 01882-0005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,060

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level, Two
  • Year Built: 1920
  • Attribution Contact: 718-841-7309
  • Co List Office Mls Id: KEYEMFN01
  • Co List Office Phone: 718-841-7309
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, First Floor Bedroom
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Walk-Out Access, Finished, Full
  • Total Bedrooms: 7
  • Fireplace: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Other

Utilities

  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 21.5x80
  • Lot Size Sq Ft: 1720
  • Parcel Number: 01882-0005
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 7059.64
  • Tax Block: 1882
  • Tax Lot: 5

MLS Schools

  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 25, 2021
Sold by
Alejandra J Fermin Living Trust
Bought by
Lin Qiu Ying and Zhang Xiang D
Seller's Agent
Alejandra Fermin
Empire Fine Homes
Buyer's Agent
Min Duan Wong
Lucky Real Estate LLC
List Price
$1,249,000
Sold Price
$930,000
Premium/Discount to List
-$319,000
-25.54%
Current Estimated Value
$1,222,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,679
Avg. Annual Appreciation
6.34%
Original Mortgage
$653,000
Outstanding Balance
$590,856
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,823

Purchase Details

Closed on
Nov 7, 2017
Sold by
Fermin Alejandra J
Bought by
Alejandra J Fermin Living Trust

Purchase Details

Closed on
Jul 16, 2015
Sold by
Jc First Corp
Bought by
Fermin Alejandra J

Purchase Details

Closed on
Mar 31, 2015
Sold by
Carpio Victor
Bought by
Jc First Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lin Qiu Ying $930,000 --
Alejandra J Fermin Living Trust -- --
Fermin Alejandra J $250,000 --
Jc First Corp $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Qiu Ying $653,000
Previous Owner Fermin Alejandra J $200,000
Previous Owner Carpio Victor $222,205
Previous Owner Carpio Victor $76,028
Previous Owner Carpio Victor $317,500
Previous Owner Carpio Victor $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $930,000 -19.1% --
11/13/2020 11/13/20 Pending -- -- --
11/04/2020 11/04/20 Price Changed $1,149,000 -4.2% --
10/14/2020 10/14/20 Price Changed $1,199,000 -4.0% --
10/05/2020 10/05/20 For Sale $1,249,000 -- --
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 $7,583 $40,022 $5,788 $34,234
2024 $7,584 $37,757 $6,008 $31,749
2023 $7,426 $36,974 $5,120 $31,854
2022 $7,038 $65,040 $10,560 $54,480
2021 $7,419 $69,600 $10,560 $59,040
2020 $7,060 $68,460 $10,560 $57,900
2019 $6,582 $68,040 $10,560 $57,480
2018 $6,281 $30,812 $6,796 $24,016
2017 $5,989 $29,378 $7,637 $21,741
2016 $5,873 $29,378 $7,637 $21,741
2015 $3,343 $27,793 $7,903 $19,890
2014 $3,343 $26,220 $8,940 $17,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3258643

OneKey® MLS

APN: 01882-0005