NOT LISTED FOR SALE

1201 40th Ave Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $2,105,587

-- Bed
-- Bath
5,000 Sq Ft
$421/Sq Ft Est. Value

About This Home

This home is located at 1201 40th Ave, Long Island City, NY 11101 and is currently estimated at $2,105,587, approximately $421 per square foot. 1201 40th Ave is a home located in Queens County with nearby schools including P.S. 111 - Jacob Blackwell, I.S. 204 Oliver W. Holmes, and Long Island City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
120140 Llc
Bought by
1201 Ejc Realty Llc
Current Estimated Value
$2,105,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Outstanding Balance
$998,172
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2022
Sold by
Kim Jeewha and Kim Seungho
Bought by
120140 Llc

Purchase Details

Closed on
Jun 30, 2007
Sold by
Aiello Nancy
Bought by
Herczl Sarah

Purchase Details

Closed on
Aug 4, 1999
Sold by
Grimes Lakeisha and Grimes Curtis
Bought by
Kim Seungho and Kim Jeewha

Purchase Details

Closed on
Oct 7, 1994
Sold by
Grimes Joseph
Bought by
Grimes Curtis and Grimes Lakeisha

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
1201 Ejc Realty Llc $2,100,000 --
120140 Llc -- --
Herczl Sarah $850,000 --
Kim Seungho $100,000 Stewart Title Insurance Co
Kim Seungho $100,000 Stewart Title Insurance Co
Grimes Curtis -- --
Grimes Curtis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1201 Ejc Realty Llc $999,999
Previous Owner Kim Jeewha $750,000
Previous Owner Kim Seungho $245,000
Source: Public Records

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
2024 $15,468 $77,015 $13,895 $63,120
2023 $14,593 $72,656 $13,166 $59,490
2022 $11,565 $123,960 $27,420 $96,540
2021 $14,168 $107,580 $27,420 $80,160
2020 $13,506 $84,000 $27,420 $56,580
2019 $12,014 $73,020 $27,420 $45,600
2018 $10,279 $60,547 $27,288 $33,259
2017 $8,892 $57,120 $27,420 $29,700
2016 $7,841 $57,120 $27,420 $29,700
2015 $3,744 $57,303 $26,532 $30,771
2014 $3,744 $54,060 $25,031 $29,029
Source: Public Records

Map

New York Queens County Long Island City 11101 Long Island City

1201 40th Ave, Long Island City, NY

Homes for Sale in Long Island City, NY

This home is located at 1201 40th Ave, Long Island City, NY 11101 and is currently estimated at $2,105,587, approximately $421 per square foot. 1201 40th Ave is a home located in Queens County with nearby schools including P.S. 111 - Jacob Blackwell, I.S. 204 Oliver W. Holmes, and Long Island City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.