NOT LISTED FOR SALE

Estimated Value: $566,000 - $773,000

2 Beds
2 Baths
-- Sq Ft
$358/mo HOA Fee

Last Sold May 05, 2022

Last sale price $600,000

Est. 13% increase in value since last sale

Current estimated payment $4,534/month

148 Days on Market

Highlights

  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening
  • East Facing Home
  • P.S. 20 John Bowne Elementary Rated A-
  • Baseboard Heating

About This Home

As of May 2022

Apt in excellent with big living room to Terrace 2 bed R. 2 bath R. Plenty closets. Walk to subway 7 train and mass transit and shop

Last Agent to Sell the Property

Amy Juang

Best Find Realty License #31JU0562569 Listed on: 09/20/2021

Last Buyer's Agent

En-Sheng Lin

Royalux Realty LLC License #10401269884

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,647

Year Built

  • Built in 2003

Lot Details

  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Kitchen

  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Attic

  • No Attic

Schools

  • JHS 189 Daniel Carter Beard Middle School
  • Flushing High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Finished Basement

Community Details

Overview

  • Mid-Rise Condominium
  • Palace Condo Subdivision, Palace Condo Floorplan
  • Palace Condo Community
  • 7-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,647

Year Built

Built in 2003

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Mid Rise
  • Property SubType: Condominium
  • Property Condition: Excellent
  • Levels: Two
  • Subdivision Name: Palace Condo
  • Development Name: Palace Condo
  • Year Built: 2003
  • New Construction: No
  • Attribution Contact: 718-631-3367
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished
  • Inclusions: A/C Units
  • Stories: 7
  • Entry Level: 4
  • Total Bedrooms: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 357.71
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • Middle School: Jhs 189 Daniel Carter Beard
  • High School: Flushing High School
  • Middle School: Jhs 189 Daniel Carter Beard

Lot Info

  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: No

Tax Info

  • Close Date: 2022-05-05
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 6647.00

MLS Schools

  • High School: Flushing High School
  • Middle School District: Queens 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
May 5, 2022
Sold by
Hong Emily and Hong Tuan
Bought by
Chen Juan
Seller's Agent
Amy Juang
Best Find Realty
Buyer's Agent
En-Sheng Lin
Royalux Realty LLC
List Price
$618,000
Sold Price
$600,000
Premium/Discount to List
-$18,000
-2.91%
Current Estimated Value
$676,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,012
Avg. Annual Appreciation
3.55%
Original Mortgage
$360,000
Outstanding Balance
$342,053
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,959

Purchase Details

Closed on
Jun 2, 2004
Sold by
Hung Siew Keng
Bought by
Hong Emily and Hong Tuan

Purchase Details

Closed on
Mar 17, 2003
Sold by
Palace Development Corp
Bought by
Hung Siew Keng
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
Chen Juan $600,000 --
Hong Emily $330,000 --
Hung Siew Keng $303,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Juan $360,000
Closed Hung Siew Keng $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $600,000 -1.3% --
02/15/2022 02/15/22 Pending -- -- --
12/15/2021 12/15/21 Price Changed $608,000 -1.6% --
09/20/2021 09/20/21 For Sale $618,000 -- --
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 $6,919 $54,268 $3,366 $50,902
2024 $6,919 $55,346 $3,366 $51,980
2023 $6,853 $54,816 $3,366 $51,450
2022 $5,005 $53,615 $3,366 $50,249
2021 $6,219 $50,699 $3,366 $47,333
2020 $6,853 $58,292 $3,366 $54,926
2019 $6,667 $60,082 $3,366 $56,716
2018 $6,410 $50,394 $3,366 $47,028
2017 $4,869 $47,714 $3,366 $44,348
2016 $3,553 $47,714 $3,366 $44,348
2015 $54 $44,261 $3,366 $40,895
2014 $54 $42,323 $3,366 $38,957
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3346702

OneKey® MLS

APN: 05039-1009