NOT LISTED FOR SALE

Estimated Value: $1,017,140 - $1,272,000

6 Beds
3 Baths
2,032 Sq Ft
$539/Sq Ft Est. Value

Last Sold November 23, 2018

Last sale price $875,000 $431 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,565/month

45 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Detached Garage
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Skylights

About This Home

As of November 2018

Well Maintained Multifamily House in East Elmhurst Queens/Jackson Heights. Fully Renovated in 2009 and many more updates in 2016. Building consist of 3-2BR apartments. Stainless Steel Appliances including Dishwasher & Washer/Dryer in each apartment. Tenants are Quiet and pay their rent on Time. Tenants have signed Month to Month Leases. Rental income is $5,550 each month. All new Electric installed in 2016. New Roof, Water Heater & Windows 2009. New Stucco & Front & Back Awnings Installed Recently. Kitchens & Bathrooms Updated. Verizon Fios on each floor. Garage in Back of House. Close to Express 7/E/F Train & local R/M Train. Q72 & Q49 buses one block away. School District 30. Easy Access to LGA, Grand Central, BQE, LIE, Midtown Tunnel, TriBoro, Throgs Neck & Whitestone Bridge. Heat & Water owner pays. This is the investment Property you been waiting for. Live in one unit and Collect Rent on 2 Units. Please DO NOT Disturb Tenants. A/O Inspection Done

Last Agent to Sell the Property

Cathy Tonti

BronxChester Realty Brokerage Phone: 646-244-2598 License #30TO0901168 Listed on: 06/05/2018

Last Buyer's Agent

Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1930 | Remodeled in 2009

Lot Details

  • 1,625 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 2,032 Sq Ft Home
  • Skylights
  • ENERGY STAR Qualified Windows
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Year Built

Built in 1930 | Remodeled in 2009

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1930
  • Year Built Effective: 2009
  • Attribution Contact: 646-244-2598
  • Village: Call Listing Agent
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2032
  • Window Features: ENERGY STAR Qualified Windows, Skylight(s)
  • Owner Pays: Insurance
  • SquareFootage: 2032.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Stucco
  • Patio and Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water, Steam
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 1625.0000
  • Lot Size Sq Ft: 1625
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 4600
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 3
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 5800
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Done Aa and Sangmo Kelsey
Bought by
Done Aa
Current Estimated Value
$1,095,285

Purchase Details

Listed on
Jun 5, 2018
Closed on
Oct 31, 2018
Sold by
Iltis John
Bought by
Done Aa and Sangmo Kelsey
Seller's Agent
Cathy Tonti
BronxChester Realty
Buyer's Agent
Non OneKey Agent
Non-Member MLS
List Price
$888,800
Sold Price
$875,000
Premium/Discount to List
-$13,800
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$637,500
Outstanding Balance
$560,518
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$534,767

Purchase Details

Closed on
Nov 17, 2008
Sold by
Rashid Mohammed A S
Bought by
Iltis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
Brown Headley Noel and Brown Justin
Bought by
Rashid Mohammed A S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
Brown Justin and Henry Linvan
Bought by
Brown Headley Noel and Brown Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
5.94%

Purchase Details

Closed on
Feb 4, 2004
Sold by
Brown Justin and Flemmings Wilton
Bought by
Brown Justin and Henry Linvan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
5.83%

Purchase Details

Closed on
Feb 6, 1997
Sold by
E & N Properties Inc
Bought by
Henry Linvan and Flemmings Wilton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,017
Interest Rate
7.55%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 1996
Sold by
Citibank Na
Bought by
E & N Properties Inc
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
Done Aa -- --
Done Aa -- --
Done Aa $875,000 --
Done Aa $875,000 --
Iltis John $500,000 --
Iltis John $500,000 --
Rashid Mohammed A S $750,000 --
Rashid Mohammed A S $750,000 --
Brown Headley Noel -- --
Brown Headley Noel -- --
Brown Justin -- --
Brown Justin -- --
Henry Linvan $210,000 First American Title Ins Co
Henry Linvan $210,000 First American Title Ins Co
E & N Properties Inc $140,000 --
E & N Properties Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Done Aa $637,500
Closed Done Aa $637,500
Previous Owner Iltis John $424,000
Previous Owner Iltis John $250,000
Previous Owner Iltis John $352,500
Previous Owner Iltis John $400,000
Previous Owner Rashid Mohammed A S $600,000
Previous Owner Rashid Mohammed A S $112,500
Previous Owner Brown Headley Noel $4,000
Previous Owner Brown Headley Noel $300,000
Previous Owner Brown Justin $243,750
Previous Owner Henry Linvan $203,017
Closed Brown Justin $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2018 11/23/18 Sold $875,000 -1.6% $431 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $888,800 -- $437 / 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 $7,168 $37,763 $5,606 $32,157
2024 $7,168 $35,686 $5,708 $29,978
2023 $6,822 $33,966 $4,784 $29,182
2022 $6,437 $66,660 $9,540 $57,120
2021 $6,786 $55,260 $9,540 $45,720
2020 $6,661 $52,140 $9,540 $42,600
2019 $6,221 $54,360 $9,540 $44,820
2018 $5,770 $28,305 $5,852 $22,453
2017 $5,478 $26,872 $6,444 $20,428
2016 $5,372 $26,872 $6,444 $20,428
2015 $2,838 $26,224 $8,058 $18,166
2014 $2,838 $24,782 $8,618 $16,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4825755

OneKey® MLS

APN: 01390-0015