NOT LISTED FOR SALE

9814 197th St Hollis, NY 11423

Hollis Neighborhood

Estimated Value: $1,237,000 - $1,358,000

7 Beds
3 Baths
-- Sq Ft
1,750 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $1,120,000

Est. 15% increase in value since last sale

Current estimated payment $7,635/month

78 Days on Market

About This Home

As of October 2021

***OFFER ACCEPTED*** Calling all investors to feast your eyes on a Brand New construction, turn key property, Legal 3 units of 1 X 2Br1Ba and 2 X3Br1Ba. Separate Electric and Gas meters and boilers per unit. Great investment opportunity, will be delivered vacant. FREE MARKET. Potential rent 2 Br $2,200.00 and 3 Br $2,600.00 . Call us 24 Hrs Advance to set up a viewing. All info deemed accurate but not guaranteed and should be independently verified before purchasing or selling.

Last Agent to Sell the Property

Nayeem Islam

Lions Guard Brokerage LLC Brokerage Phone: 516-477-8112 License #10401318536 Listed on: 02/22/2021

Co-Listed By

Rishi Singh

Lions Guard Brokerage LLC Brokerage Phone: 516-477-8112 License #10491207811

Last Buyer's Agent

Steven Lewis

RE/MAX Reliance License #10401297780

RE/MAX Reliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,461

Year Built

  • Built in 2005 | Remodeled in 2019

Lot Details

  • 1,750 Sq Ft Lot
  • Lot Dimensions are 35x42
  • 1 Common Wall

Parking

  • Private Parking

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 125 / 10829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,461

Year Built

Built in 2005 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 2005
  • New Construction: Yes
  • Year Built Effective: 2019
  • Attribution Contact: 516-477-8112
  • Co List Office Mls Id: ONELNGD01
  • Co List Office Phone: 516-477-8112
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • NumberOfKitchens: 3

Exterior Features

  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 35x42
  • Lot Size Sq Ft: 1750
  • Lot Size Units: Acres
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Block: 10829
  • Tax Lot: 125

MLS Schools

  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Oct 21, 2021
Sold by
Hollis 197 Llc
Bought by
Shamim Adnan
Seller's Agent
Nayeem Islam
Lions Guard Brokerage LLC
Buyer's Agent
Steven Lewis
RE/MAX Reliance
List Price
$1,300,000
Sold Price
$1,120,000
Premium/Discount to List
-$180,000
-13.85%
Current Estimated Value
$1,289,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,600
Avg. Annual Appreciation
3.47%
Original Mortgage
$825,000
Outstanding Balance
$754,380
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$535,220
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shamim Adnan $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamim Adnan $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $1,120,000 -10.3% --
05/11/2021 05/11/21 Pending -- -- --
02/23/2021 02/23/21 Price Changed $1,249,000 -7.5% --
02/22/2021 02/22/21 Price Changed $1,350,000 +3.8% --
02/22/2021 02/22/21 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 $10,461 $55,210 $9,602 $45,608
2024 $10,461 $52,085 $9,574 $42,511
2023 $10,461 $52,085 $9,579 $42,506
2022 $10,398 $53,520 $10,560 $42,960
2021 $10,645 $50,580 $10,560 $40,020
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nayeem Islam

    Lions Guard Brokerage LLC

    (516) 477-8112

    3 in this area

    12 Total Sales

    Nayeem Islam
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rishi Singh

    Lions Guard Brokerage LLC

    (516) 477-8112

    3 in this area

    16 Total Sales

    Rishi Singh
    Section Image

  • S

    Buyer's Agent in 2021

    Steven Lewis

    RE/MAX

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3289432

OneKey® MLS

APN: 10829-0128

New York Queens County Hollis 11423 Hollis

9814 197th St, Hollis, NY

Not Listed for Sale

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