NOT LISTED FOR SALE

Estimated Value: $1,613,879 - $1,692,000

7 Beds
5 Baths
-- Sq Ft
2,146 Sq Ft Lot

Last Sold August 08, 2022

Last sale price $1,490,000

Est. 8% increase in value since last sale

Current estimated payment $9,905/month

38 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Bell Academy Rated A
  • 1 Car Attached Garage
  • Cooling Available

About This Home

As of August 2022

a RARE 3 family house. This move-in ready home is great opportunity for an investment with great potential income flow or to live in a great neighborhood to raise a family. The home is located walking distance to Bay Terrace. Minutes away from all major highways and bridges. This beautiful home features 7bedrooms and 5 full bathrooms with a finished basement that has access to the backyard.

Last Agent to Sell the Property

Denis Hot

Century 21 Bay Benjamin License #10401327731 Listed on: 04/26/2022

Century 21 Bay Benjamin

Last Buyer's Agent

Denis Hot

Century 21 Bay Benjamin License #10401327731 Listed on: 04/26/2022

Century 21 Bay Benjamin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,601

Year Built

  • Built in 1970

Lot Details

  • 2,146 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Combination Dining and Living Room
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Is 25 Adrien Block Middle School
  • Bayside High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater

Community Details

Recreation

  • Park

Additional Features

  • 3 Units
  • 3 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,601

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: excellent
  • Year Built: 1970
  • New Construction: No
  • Attribution Contact: 718-225-0800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Living Room / Dining Room, Master Bath
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Kitchens: 3

Exterior Features

  • Construction Materials: Brick, Frame, Shingle Siding, Vinyl Siding
  • Flood Zone Date: 2022-04-27
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Yes
  • Garbage Removal: Other
  • Heating: Electric, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Sewer
  • Water Source: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 25 Adrien Block
  • High School: Bayside High School
  • Middle School: Is 25 Adrien Block

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 21x`102
  • Lot Size Sq Ft: 2146.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-08
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 12601.00

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Aug 8, 2022
Sold by
John Malatestinic As Trustee and Nicholas Malatestinic As Trustee
Bought by
Xie Mee Mee and Xie Meikuen
Seller's Agent
Denis Hot
Century 21 Bay Benjamin
Buyer's Agent
Denis Hot
Century 21 Bay Benjamin
List Price
$1,600,000
Sold Price
$1,490,000
Premium/Discount to List
-$110,000
-6.88%
Current Estimated Value
$1,609,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,771
Avg. Annual Appreciation
3.39%
Original Mortgage
$290,000
Outstanding Balance
$278,370
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,369,821

Purchase Details

Closed on
Dec 15, 2003
Sold by
Malatestinic Milica and Malatestinic Nikola
Bought by
John Malatestinic As Trustee and Nicholas Malatestinic As Trustee
Source: Public Records

Range of Values:

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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
Xie Mee Mee $1,490,000 --
Xie Mee Mee $1,490,000 --
John Malatestinic As Trustee -- --
John Malatestinic As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Mee Mee $290,000
Closed Xie Mee Mee $290,000
Previous Owner Malatestinic Milica $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $1,490,000 -6.9% --
06/03/2022 06/03/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $1,600,000 -- --
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 $13,609 $71,825 $8,472 $63,353
2024 $13,609 $67,759 $9,462 $58,297
2023 $12,839 $63,924 $7,579 $56,345
2022 $5,963 $86,400 $12,300 $74,100
2021 $6,271 $82,560 $12,300 $70,260
2020 $6,309 $87,600 $12,300 $75,300
2019 $5,838 $75,960 $12,300 $63,660
2018 $4,771 $53,270 $8,065 $45,205
2017 $7,550 $50,256 $9,085 $41,171
2016 $4,366 $50,256 $9,085 $41,171
2015 $2,420 $49,878 $10,628 $39,250
2014 $2,420 $47,055 $11,329 $35,726
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3394251

OneKey® MLS

APN: 05900-0213