NOT LISTED FOR SALE

225 Doherty Ave Elmont, NY 11003

Estimated Value: $605,790 - $702,000

5 Beds
3 Baths
1,224 Sq Ft
$534/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $880,000 $719 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $4,402/month

45 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of September 2024

Space, style & modern luxury come together at 225 Doherty Avenue, a turn key move in ready legal 2 Family sitting on a 40x100 lot on a beautiful tree lined street of Elmont. Featuring a wide private driveway, garage, and is the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as a two bedroom 1 bath rental unit over a 3 bedroom 1 bath owners unit plus a full finished high ceiling basement with both interior and exterior access. Both units enjoy expansive sun drenched living/dining areas which provide great space for entertaining. Chefs granite kitchens that boast full sized stainless steel appliances. Spacious bedrooms equipped with ample closet space. Fully tiled bathrooms adorned with state of the art wall & floor tiles. Huge yard to enjoy outdoor family & friends gatherings. Prime Elmont location. Just off Meacham Avenue, Hempstead Turnpike. Close proximity to major transportation which makes commuting a breeze.Stones throw to shopping centers, restaurants, cafes, parks, UBS Arena, Cross island parkway and many other vibrant neighborhood amenities.

Last Agent to Sell the Property

Gabriel Kashi

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10401217533 Listed on: 05/13/2024

Co-Listed By

Elisha Joseph

Keystone Realty USA Corp Brokerage Phone: 631-261-2800 License #10301214834

Last Buyer's Agent

Adedayo Alamu

HomeSmart CrossIsland License #10401306069

HomeSmart CrossIsland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,605

Year Built

  • Built in 1959 | Remodeled in 2024

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Elmont Memorial High Middle School
  • Elmont Memorial High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 55 / 512
  • Assessor Parcel Number 2089-32-512-00-0055-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,605

Year Built

Built in 1959 | Remodeled in 2024

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Year Built: 1959
  • New Construction: No
  • Year Built Effective: 2024
  • Attribution Contact: 631-261-2800
  • Co List Office Mls Id: ONEKEEG02
  • Co List Office Phone: 631-261-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway, Garage, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Elmont Memorial High School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2089-32-512-00-0055-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 13605
  • Tax Block: 512
  • Tax Lot: 55
  • Tax Map Number: 2089-32-512-00-0055-0

MLS Schools

  • High School: Elmont Memorial High School
  • Middle School District: Elmont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Sep 23, 2024
Sold by
5 Boro Plaza Llc
Bought by
Fakuoroye Ajibola L and Adeniyi Afolasade Jolayemi
Seller's Agent
Gabriel Kashi
Keystone Realty USA Corp
Buyer's Agent
Adedayo Alamu
HomeSmart CrossIsland
List Price
$889,000
Sold Price
$880,000
Premium/Discount to List
-$9,000
-1.01%
Views
108
Current Estimated Value
$653,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$226,105
Avg. Annual Appreciation
-24.43%
Original Mortgage
$836,000
Outstanding Balance
$826,638
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$172,743

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 21, 2023
Sold by
Mtglq Investors Lp
Bought by
5 Boro Plaza Llc
Seller's Agent
Paul Luciano
Utopia Real Estate
Buyer's Agent
Maria Tulumba
Utopia Real Estate
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%
Views
294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.87%

Purchase Details

Closed on
Sep 3, 2019
Sold by
Lorge Richard
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jun 26, 2001
Sold by
Lanza Jose
Bought by
Lanza Jose

Purchase Details

Closed on
Nov 17, 2000
Sold by
Mola Ronald and Mola Albert
Bought by
Lanza Ortiz Jose Demetria
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
Fakuoroye Ajibola L $880,000 First American Title Ins Co
Fakuoroye Ajibola L $880,000 First American Title Ins Co
5 Boro Plaza Llc $515,000 First American Title Ins Co
5 Boro Plaza Llc $515,000 First American Title Ins Co
5 Boro Plaza Llc $515,000 First American Title Ins Co
Mtglq Investors Lp $460,657 None Available
Mtglq Investors Lp $460,657 None Available
Mtglq Investors Lp $460,657 None Available
Lanza Jose $223,450 Kevin Finn
Lanza Jose $223,450 Kevin Finn
Lanza Ortiz Jose Demetria $227,000 Kevin Finn
Lanza Ortiz Jose Demetria $227,000 Kevin Finn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fakuoroye Ajibola L $836,000
Closed Fakuoroye Ajibola L $836,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2024 09/23/24 Sold $880,000 -1.0% $719 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $889,000 +72.6% $726 / Sq Ft
01/18/2024 01/18/24 Sold $515,000 -0.8% $421 / Sq Ft View Prior Sale
12/15/2023 12/15/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $519,000 -- $424 / 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 $11,222 $434 $218 $216
2024 $3,721 $434 $218 $216
2023 $11,050 $434 $218 $216
2022 $11,050 $434 $218 $216
2021 $15,192 $414 $208 $206
2020 $11,628 $717 $525 $192
2019 $3,866 $717 $525 $192
2018 $7,486 $717 $0 $0
2017 $6,901 $717 $525 $192
2016 $10,418 $717 $525 $192
2015 $3,268 $717 $525 $192
2014 $3,268 $717 $525 $192
2013 $3,063 $717 $525 $192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3551288

OneKey® MLS

APN: 2089-32-512-00-0055-0