3040 71st St East Elmhurst, NY 11370
Jackson Heights NeighborhoodEstimated Value: $1,341,000 - $1,440,000
--
Bed
--
Bath
2,622
Sq Ft
$532/Sq Ft
Est. Value
About This Home
This home is located at 3040 71st St, East Elmhurst, NY 11370 and is currently estimated at $1,394,000, approximately $531 per square foot. 3040 71st St is a home located in Queens County with nearby schools including Ps 152 Gwendolyn N Alleyne School, I.S. 010 Horace Greeley, and William Cullen Bryant High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 10, 2021
Sold by
Iqbal Khalid and Khalid Iqbal
Bought by
Fillmore Property Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,750
Outstanding Balance
$627,436
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$766,564
Purchase Details
Closed on
Jun 27, 2018
Sold by
Ismat Khalid As Trustee
Bought by
Iqbal Khalid and Khalid Samina
Purchase Details
Closed on
Oct 31, 2017
Sold by
Khalid Iqbal
Bought by
Iqbal Khalid Irrevocable Trust and Samina Khalid Irrevocable Trust
Purchase Details
Closed on
Jun 27, 1996
Sold by
Karounos James and Karounos Paula
Bought by
Iqbal Khalid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fillmore Property Inc | -- | -- | |
| Iqbal Khalid | -- | -- | |
| Iqbal Khalid Irrevocable Trust | -- | -- | |
| Iqbal Khalid | $285,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fillmore Property Inc | $698,750 | |
| Previous Owner | Iqbal Khalid | $225,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,400 | $60,162 | $8,932 | $51,230 |
| 2024 | $11,400 | $56,759 | $8,545 | $48,214 |
| 2023 | $10,755 | $53,546 | $7,644 | $45,902 |
| 2022 | $10,689 | $79,140 | $11,580 | $67,560 |
| 2021 | $11,184 | $70,860 | $11,580 | $59,280 |
| 2020 | $10,316 | $72,600 | $11,580 | $61,020 |
| 2019 | $9,602 | $69,000 | $11,580 | $57,420 |
| 2018 | $8,799 | $44,622 | $9,526 | $35,096 |
| 2017 | $8,796 | $44,622 | $9,008 | $35,614 |
| 2016 | $8,543 | $44,622 | $9,008 | $35,614 |
| 2015 | $5,077 | $41,779 | $10,890 | $30,889 |
| 2014 | $5,077 | $39,416 | $12,332 | $27,084 |
Source: Public Records
Map
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