NOT LISTED FOR SALE

Estimated Value: $706,000 - $805,000

2 Beds
2 Baths
-- Sq Ft
2,025 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $701,100

Est. 7% increase in value since last sale

Current estimated payment $4,754/month

27 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Heating System Uses Steam
  • 2-Story Property
  • Park

About This Home

As of June 2023

Excellent 1 family brick home in East Elmhurst, Jackson Heights Vicinity. This home is situated close to all transportation, La Guardia Airport, Shopping, Restaurants and Amenities. It features a large 2 bedroom unit plus a full , semifinished basement, with a private backyard, 1 car garage plus additional driveway parking.. It is in very good move in condition. The property can be delivered vacant at closing if you buy as a primary residence or with the existing, credit worthy tenant if you buy for income. Located in a 2 family zoning, the lot features additional air rights to expand, and, or, convert to a multifamily (please consult with your architect for details). Shown by appointment only.

Last Agent to Sell the Property

Manuel Vargas

Keller Williams Rlty Landmark License #30VA1174629 Listed on: 03/17/2023

Keller Williams Rlty Landmark

Last Buyer's Agent

Jose Bentancur

Keller Williams Landmark II License #10301205948

Keller Williams Landmark II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,461

Year Built

  • Built in 1940

Lot Details

  • 2,025 Sq Ft Lot
  • Lot Dimensions are 20.25x100
  • Zoning described as R4

Parking

  • Shared Driveway

Home Design

  • 2-Story Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Ps 143 Louis Armstrong Elementary School
  • Middle College High Sch At Laguardia
  • Intntl High School At La Guardia

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

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

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 2 / 1398
  • Assessor Parcel Number 01398-0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,461

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1940
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished
  • Total Bedrooms: 2
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: yes

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middle College High Sch At Laguardia

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20.25x100
  • Lot Size Sq Ft: 2025
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01398-0002
  • Zoning Description: R4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • RentIncome: 2000

Tax Info

  • Tax Annual Amount: 6461
  • Tax Block: 1398
  • Tax Lot: 2
  • Tax Map Number: 01398-0002
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Ps 143 Louis Armstrong
  • High School: Intntl High School At La Guardia
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2024
Sold by
Padilla Cesar and Padilla Jessica C
Bought by
Padilla Jessica C and Prezeau Natalie C
Current Estimated Value
$752,699

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 30, 2023
Sold by
Chan Shui Chun
Bought by
Padilla Cesar J and Padilla Jessica C
Seller's Agent
Manuel Vargas
Keller Williams Rlty Landmark
Buyer's Agent
Jose Bentancur
Keller Williams Landmark II
List Price
$738,000
Sold Price
$701,100
Premium/Discount to List
-$36,900
-5%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$487,000
Outstanding Balance
$477,751
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,903

Purchase Details

Closed on
Dec 7, 2016
Sold by
Chan Shui Chun and Chan Yu Sing
Bought by
Chan Shui Chun
Source: Public Records

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Range of Values:

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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
Padilla Jessica C -- --
Padilla Cesar J $710,000 --
Padilla Cesar J $710,000 --
Chan Shui Chun -- --
Chan Shui Chun -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Cesar J $487,000
Closed Padilla Cesar J $487,000
Previous Owner Chan Shui-Chun $1,942
Previous Owner Chan Shui-Chun $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $701,100 -2.4% --
04/17/2023 04/17/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $718,000 -2.7% --
03/20/2023 03/20/23 For Sale $738,000 -- --
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
2024 $6,735 $33,534 $6,555 $26,979
2023 $6,390 $31,814 $5,665 $26,149
2022 $6,008 $44,220 $8,280 $35,940
2021 $6,334 $40,740 $8,280 $32,460
2020 $6,263 $40,020 $8,280 $31,740
2019 $5,846 $36,240 $8,280 $27,960
2018 $5,404 $26,512 $5,182 $21,330
2017 $5,113 $25,081 $5,547 $19,534
2016 $5,014 $25,081 $5,547 $19,534
2015 $2,854 $24,657 $6,785 $17,872
2014 $2,854 $23,288 $7,696 $15,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3465148

OneKey® MLS

APN: 01398-0002