NOT LISTED FOR SALE

1328 Times Ave Elmont, NY 11003

Estimated Value: $692,309 - $771,000

3 Beds
2.5 Baths
1,481 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $750,000 $506 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,792/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Deck
  • Private Lot
  • Marble Bathroom Countertops

About This Home

As of May 2022

Rare opportunity to own a legal 2 Family House in the Heart of Elmont. Super clean and well maintained property with many updates.. Close proximity to shopping, restaurants and public transportation.

Last Agent to Sell the Property

Rocco Macri

Douglas Elliman Real Estate License #10401353346 Listed on: 02/24/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Joseph Casale

Signature Premier Properties License #10301219474

Signature Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,501

Year Built

  • Built in 1957

Lot Details

  • 4,160 Sq Ft Lot
  • No Common Walls
  • Private Entrance
  • Back Yard Fenced
  • Private Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

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

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Stove
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Marble Bathroom Countertops

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Schools

  • Sewanhaka High Middle School
  • Sewanhaka High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Oil
  • ENERGY STAR Qualified Water Heater
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 21-24 / 573
  • Assessor Parcel Number 2089-32-573-00-0021-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,501

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Exp Cape
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Year Built: 1957
  • New Construction: No
  • Attribution Contact: 516-307-9406
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Formal Dining Room, Marble Bath
  • Living Area Units: Square Feet
  • Door Features: Storm Door(s)
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: A/C Units, Ceiling Fan, Chandelier(s), Convection Oven, Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Front Gate, Lawn Maint Equip, Mailbox, Refrigerator, Storm Windows
  • Total Bedrooms: 3
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Aluminum Siding, Brick
  • Flood Zone Report: No
  • Fencing: Back Yard, Fenced
  • Exterior Features: Private Entrance, Sprinkler Lawn System
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Sewanhaka High School
  • High School: Sewanhaka High School
  • Middle School: Sewanhaka High School

Lot Info

  • Lot Size Acres: 0.1000
  • Lot Size Area: 0.1000
  • Lot Size Sq Ft: 4160.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 2089-32-573-00-0021-0
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-05-23
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 11501.25
  • Tax Block: 573
  • Tax Lot: 21-24
  • Tax Map Number: 2089-32-573-00-0021-0

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

MLS Schools

  • High School: Sewanhaka High School
  • Middle School District: Elmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
May 23, 2022
Sold by
Montemiglio Antonio
Bought by
Singh Kirpal
Seller's Agent
Rocco Macri
Douglas Elliman Real Estate
Buyer's Agent
Joseph Casale
Signature Premier Properties
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$731,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,345
Avg. Annual Appreciation
-0.72%
Original Mortgage
$600,000
Outstanding Balance
$569,987
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$161,668

Purchase Details

Closed on
Jul 22, 1999
Sold by
Montemiglio Basilio and Montemiglio Gemma
Bought by
Montemiglio Basilio and Montemiglio Gemma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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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
Singh Kirpal $750,000 Wall Street Abstract
Montemiglio Basilio -- --
Montemiglio Basilio $214,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Kirpal $600,000
Previous Owner Montemiglio Basilio $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $750,000 0.0% $506 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $749,900 -- $506 / 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 $11,455 $443 $213 $230
2024 $3,885 $461 $222 $239
2023 $10,187 $461 $222 $239
2022 $10,187 $461 $222 $239
2021 $10,224 $440 $212 $228
2020 $10,119 $680 $462 $218
2019 $4,194 $778 $529 $249
2018 $3,992 $778 $0 $0
2017 $6,266 $778 $529 $249
2016 $10,083 $778 $529 $249
2015 $3,546 $778 $529 $249
2014 $3,546 $778 $529 $249
2013 $3,324 $778 $529 $249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3378680

OneKey® MLS

APN: 2089-32-573-00-0021-0