NOT LISTED FOR SALE

Estimated Value: $1,008,000 - $1,379,000

6 Beds
3 Baths
-- Sq Ft
3,900 Sq Ft Lot

Last Sold June 02, 2021

Last sale price $1,250,000

Est. 4% decrease in value since last sale

Current estimated payment $6,891/month

53 Days on Market

About This Home

As of June 2021

Perfect cash flow investment! Turn-key, fully renovated, legal multi-family detached property in the Prime location of E. Elmhurst. Corner lot at the end of a quiet one-way street. Easy access to Laguardia airport and public transportation to Manhattan and Long Island. 2nd/3rd floor consists of 3 BR, 1 Bath. 1st fl consists of 3 BR, 2 Bath. Full, finished basement w/ OSE. Roof and electrical redone in 2016. Can be delivered vacant or with current tenants. Current gross annual income of $52,800 with potential for much more!

Last Agent to Sell the Property

Jordan Schwartz

Graceful Realty LLC Brokerage Phone: 516-873-7100 License #10401320888 Listed on: 01/03/2021

Graceful Realty LLC

Co-Listed By

Joshua Tepper

Keller Williams Realty Greater Brokerage Phone: 516-873-7100 License #10401340627

Last Buyer's Agent

Alejandra Fermin

Empire Fine Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,039

Year Built

  • Built in 1925

Lot Details

  • 3,900 Sq Ft Lot
  • Lot Dimensions are 40x97.5

Parking

  • Private Parking

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01075-0011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,039

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1925
  • Attribution Contact: 516-873-7100
  • Co List Office Mls Id: KEYKEWG01
  • Co List Office Phone: 516-873-7100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Private

Utilities

  • Heating: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40x97.5
  • Lot Size Sq Ft: 3900
  • Parcel Number: 01075-0011
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6039

MLS Schools

  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2021
Closed on
Jun 2, 2021
Sold by
Crissman April M
Bought by
Monserrate Hiram and Monserrate Manuel
Seller's Agent
Jordan Schwartz
Graceful Realty LLC
Buyer's Agent
Alejandra Fermin
Empire Fine Homes
List Price
$1,345,000
Sold Price
$1,250,000
Premium/Discount to List
-$95,000
-7.06%
Current Estimated Value
$1,204,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,413
Avg. Annual Appreciation
-0.84%
Original Mortgage
$625,000
Outstanding Balance
$565,860
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$638,727

Purchase Details

Closed on
Aug 24, 2015
Sold by
Liquid Brick 26 Corp
Bought by
Crissman April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,788
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2015
Sold by
Curtis Rumph Executor Of The Estate Of and Curlee Rumph
Bought by
Liquid Brick 26 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Martinez Yolanda
Bought by
Castro Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.81%

Purchase Details

Closed on
Aug 20, 2004
Sold by
Rumph Curlee and Rumph Dorothy
Bought by
Martinez Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.01%
Source: Public Records

Range of Values:

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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
Monserrate Hiram $1,250,000 --
Crissman April M $902,000 --
Liquid Brick 26 Corp $500,000 --
Castro Manuel $975,000 --
Castro Manuel $975,000 --
Castro Manuel $975,000 --
Martinez Yolanda $225,000 --
Martinez Yolanda $225,000 --
Martinez Yolanda $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monserrate Hiram $625,000
Previous Owner Crissman April M $814,788
Previous Owner Liquid Brick 26 Corp $485,000
Previous Owner Castro Manuel $176,000
Previous Owner Castro Manuel $704,000
Previous Owner Martinez Yolanda $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $1,250,000 -7.1% --
02/25/2021 02/25/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $1,345,000 -- --
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 $6,877 $34,241 $4,973 $29,268
2024 $6,877 $34,240 $5,646 $28,594
2023 $6,556 $32,639 $4,835 $27,804
2022 $6,147 $73,200 $12,000 $61,200
2021 $6,114 $60,660 $12,000 $48,660
2020 $6,040 $66,660 $12,000 $54,660
2019 $5,969 $61,080 $12,000 $49,080
2018 $5,545 $27,199 $5,328 $21,871
2017 $5,231 $25,662 $5,767 $19,895
2016 $4,840 $25,662 $5,767 $19,895
2015 $2,700 $23,778 $8,754 $15,024
2014 $2,700 $23,778 $7,706 $16,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3277920

OneKey® MLS

APN: 01075-0011