NOT LISTED FOR SALE

Estimated Value: $855,000 - $1,025,000

5 Beds
3.5 Baths
2,250 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $791,000 $352 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,552/month

18 Days on Market

Highlights

  • 0.1 Acre Lot
  • Wood Flooring
  • Granite Countertops
  • Cape Cod Architecture
  • Corner Lot
  • Home Office

About This Home

As of June 2023

: This charming two-family home. It is a great opportunity for anyone looking for a spacious and versatile living arrangement. With a total of six bedrooms and three bathrooms spread across three separate living spaces, this property is perfect for multi-generational families, those looking for additional rental income, or anyone in need of plenty of living space. The main attraction of this home is the expansive 5 bedroom triplex apartment, complete with a bonus kitchen that provides ample room for cooking and entertaining. The duplex is spread out over two levels and boasts a spacious open floor plan, with plenty of natural light and hardwood floors throughout. The lower level of the duplex features a large living room, a dining area, and a fully equipped kitchen with stainless steel appliances and granite countertops. There are heated marble floors in the kitchen and bathroom. The upper level includes five well-appointed bedrooms and two full bathrooms, making it the perfect private retreat for large families or groups. In addition to the duplex apartment, this property also includes a separate 1 bedroom apartment, perfect for rental income or as a private space for guests. The one bedroom apartment is fully equipped with a full kitchen, a comfortable living room, and a spacious bedroom. Finally, this property includes a fully finished basement with a separate outside entrance, making it a versatile space that could be used for anything from storage to additional living space. With plenty of room to spread out and plenty of potential for customization, this home is truly a blank canvas waiting for its next owner to make it their own. This is an exceptional opportunity for anyone looking for a versatile and spacious living arrangement. With six bedrooms, three bathrooms, and plenty of bonus living space, this property has everything you need to create the perfect home for you and your family. The current owner is in the process of moving so there will be boxes and furniture being prepared. The owner requires masks for viewing. So come with your masks and your best offer! It will be sold as is but is a gem and will not last!

Last Agent to Sell the Property

Rasheedah Brown

LionGate Properties Inc License #10301223917 Listed on: 04/07/2023

Last Buyer's Agent

Rasheedah Brown

LionGate Properties Inc License #10301223917 Listed on: 04/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1960

Lot Details

  • 4,242 Sq Ft Lot
  • Lot Dimensions are 42.42x100
  • No Common Walls
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Washer

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Private Parking
  • Driveway
  • On-Street Parking

Schools

  • Scholars' Academy Middle School
  • August Martin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Exclusions: Dishwasher,Refrigerator
  • Legal Lot and Block 39 / 12224
  • Assessor Parcel Number 12224-0039

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,940

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Exclusions: Dishwasher,Refrigerator
  • Year Built: 1960
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, ENERGY STAR Qualified Water Heater
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Granite Counters, Home Office, Master Bath
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Inclusions: Ceiling Fan,Dishwasher,Energy Star Appliance(s),Refrigerator,Washer
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame, Aluminum Siding
  • Fencing: Back Yard
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Scholars' Academy

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 42.42x100
  • Lot Size Sq Ft: 4242
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 12224-0039
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-10

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 4940
  • Tax Block: 12224
  • Tax Lot: 39
  • Tax Map Number: 12224-0039
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: August Martin High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jun 5, 2023
Sold by
Naggles Michael R and Watamaleo Wanda E
Bought by
Budhan Shalena Devi and Sahai-Ramcharran Sharmula Devi
Seller's Agent
Rasheedah Brown
LionGate Properties Inc
Buyer's Agent
Rasheedah Brown
LionGate Properties Inc
List Price
$750,000
Sold Price
$791,000
Premium/Discount to List
$41,000
5.47%
Views
77
Current Estimated Value
$931,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,452
Avg. Annual Appreciation
7.50%
Original Mortgage
$672,350
Outstanding Balance
$655,793
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,659
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
Budhan Shalena Devi $791,000 --
Budhan Shalena Devi $791,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budhan Shalena Devi $672,350
Closed Budhan Shalena Devi $672,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $791,000 +5.5% $352 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $750,000 -- $333 / 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
2025 $6,187 $32,651 $10,163 $22,488
2024 $6,187 $30,804 $9,056 $21,748
2023 $4,977 $29,062 $8,484 $20,578
2022 $4,940 $45,660 $14,940 $30,720
2021 $5,167 $43,380 $14,940 $28,440
2020 $4,854 $47,700 $14,940 $32,760
2019 $4,475 $45,180 $14,940 $30,240
2018 $4,052 $24,218 $10,118 $14,100
2017 $4,328 $24,218 $11,085 $13,133
2016 $4,190 $24,218 $11,085 $13,133
2015 $2,756 $22,674 $12,663 $10,011
2014 $2,756 $21,392 $13,498 $7,894
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3469791

OneKey® MLS

APN: 12224-0039