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5019 47th St
Score
68
Flushing, NY

5019 47th St

1.1M
3 bd • 2 ba • 1,200 sf

This analysis was generated on 3/29/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$1,150,000
+41%vs 11377
Price/Sq.Ft
$958
+43%vs 11377
Above Fair Value
40.2% above range

Current Price

$1,150,000

Fair Range

$785,000 - $820,000

$1,150,000
Below Market-20%
Above Market+20%

Negotiation Leverage

4 points to consider in your offer

Recommended Offer

$795,000
Success Probability:High(75%)

AI Rationale

The offer reflects market conditions, needed renovations, and seller motivation. The seller's situation suggests they may accept a lower offer.

Overall Score
68
75
Home Condition
70
Natural Light
70
Value
58
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Exterior Facade
Exterior Facade

Exterior Facade

The exterior facade shows signs of aging and could benefit from updates to improve curb appeal.

Dated Wallpaper
Dated Wallpaper

Dated Wallpaper

The wallpaper in the dining room appears dated and detracts from the overall aesthetic.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Jul
2024
$1,150,000Financed
July 31, 2024
From:Guozhi Liang, Dennise E Otero
To:Steve B Lim, Yene S Yoo
Deed
Standard Sale (Purchase/Resales)

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$1,150,000
-30%List: $1,150,000+30%
20%
$230,000of $1,150,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$306,225
Closing Costs
+$76,225
Down Payment
$230,000
Buyer Agent Fee
$29,325
Loan Fees
$9,200
Title & Escrow
$6,900
Inspections
$900
Transfer Tax
$12,650
Prepaid Expenses
$17,250

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 121 day average
This is a new listing, while homes in this area typically sell in 121 days
Inventory Health
159
homes for sale
19 homes sold last month, indicating 8.4x more supply than demand
Price Dynamics
96.4%
of asking price
Homes typically sell for 3.6% below asking price

Price Trajectory

$605,092
Current median price
-16.0%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 5.7% over the last 3 months
3 Months
-5.7%
6 Months
+15.8%
1 Year
-16.0%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 67.0% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$605,092
3 Months Ago
$750,000
19.3%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,150,000
Price/sqft
$958
Layout
3 bd2 ba
NaN

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$876,250

31.2%

Your price is 31.2% above average

Median Price

$799,500

43.8%

Based on 6 recent sales

Price per Sq.Ft

$722

32.7%

Your price is 32.7% above average $/sqft

Comparable Properties

54-43 65th, Maspeth, NY 11378
Price: $799,500
Sq.Ft: 1,262
Beds/Baths: 3/2
$/Sq.Ft:
$63433.9%
Sale Date: 12/4/2024
46-01 39th Avenue #615, Sunnyside, NY 11104
Price: $775,000
Sq.Ft: 1,124
Beds/Baths: 2/2
$/Sq.Ft:
$69028.1%
Sale Date: 12/5/2024
57-51 58th Place, Maspeth, NY 11378
Price: $610,000
Sq.Ft: 1,104
Beds/Baths: 3/2
$/Sq.Ft:
$55342.3%
Sale Date: 12/5/2024
51-19 46th Street, Woodside, NY 11377
Price: $1,020,000
Sq.Ft: 1,312
Beds/Baths: 3/2
$/Sq.Ft:
$77718.9%
Sale Date: 12/4/2024
63-14 Queens Boulevard #3H, Woodside, NY 11377
Price: $753,000
Sq.Ft: 1,005
Beds/Baths: 3/2
$/Sq.Ft:
$74921.8%
Sale Date: 12/5/2024
39-58 44th Street, Sunnyside, NY 11104
Price: $1,300,000
Sq.Ft: 1,400
Beds/Baths: 3/2
$/Sq.Ft:
$9293.1%
Sale Date: 12/5/2024

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 3 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Check all windows and doors for proper sealing and operation, especially hurricane resistance, noting any signs of drafts or damage.

Inspect the attic and roof for signs of water damage, mold, or leaks, especially after heavy rain.

Examine the basement (if applicable) for signs of water damage, mold, or structural issues.

Inspect the foundation for cracks or signs of settling.

Check the heating and cooling systems (if accessible) for proper operation and maintenance.

Smell for unusual odors (mold, mildew, gas) that could indicate hidden problems.

Questions to Ask

Important questions to ask during the tour

What flood mitigation measures have been implemented on the property, and are there records of past flood damage?

What is the age and condition of the roof, and are there any warranties still in effect?

Are there any known issues with the plumbing, electrical, or HVAC systems?

Have there been any recent upgrades or improvements to the property, and are there any permits or documentation available?

What type of insulation is present in the attic and walls, and what is its R-value?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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