NOT LISTED FOR SALE

Estimated Value: $1,383,000 - $1,455,000

7 Beds
8 Baths
-- Sq Ft
2,417 Sq Ft Lot

Last Sold May 18, 2022

Last sale price $1,330,000

Est. 6% increase in value since last sale

Current estimated payment $8,316/month

67 Days on Market

Highlights

  • City View
  • Property is near public transit
  • 2 Car Detached Garage
  • Colonial Architecture
  • Wood Flooring
  • 5-minute walk to Gorman Playground

About This Home

As of May 2022

Great Investment Opportunity , solid brick 3 family home in the heart of East Elmhurst, close to major highways, business district, shopping and transportation. East/South/West Exposure bright and airy. The home features a 4 bedroom apartment on the second floor, a 1 bedroom apartment on the first floor front, a 2 bedroom apartment on the first floor rear. Full finished basement with separate entrance, 2 car garage plus parking.

Last Agent to Sell the Property

Cecilia Valentino

Keller Williams Landmark II License #30VA0852370 Listed on: 12/10/2021

Keller Williams Landmark II

Last Buyer's Agent

Angelina Huang

E Realty International Corp License #10401287960

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,928

Year Built

  • Built in 1925

Lot Details

  • 2,417 Sq Ft Lot
  • Lot Dimensions are 24.17x100
  • No Common Walls
  • East Facing Home
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Location

  • Property is near public transit

Schools

  • East Elmhurst Community Elementary School
  • Is 227 Louis Armstrong Middle School
  • William Cullen Bryant High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 49 / 1397
  • Assessor Parcel Number 01397-0049

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,928

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 347-846-1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Kitchens: 3

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • Flood Zone Date: 2021-12-13
  • Flood Zone Report: Yes
  • View: City
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 2 Car Detached, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 227 Louis Armstrong

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 24.17x100
  • Lot Size Sq Ft: 2417.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 01397-0049
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, None

Tax Info

  • Close Date: 2022-05-18
  • Included in Taxes: Trash
  • Tax Annual Amount: 10928.00
  • Tax Block: 1397
  • Tax Lot: 49
  • Tax Map Number: 01397-0049

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: East Elmhurst Community School
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
May 18, 2022
Sold by
Colella Giuseppa
Bought by
Sze Kate
Seller's Agent
Cecilia Valentino
Keller Williams Landmark II
Buyer's Agent
Angelina Huang
E Realty International Corp
List Price
$1,375,000
Sold Price
$1,330,000
Premium/Discount to List
-$45,000
-3.27%
Current Estimated Value
$1,412,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,188
Avg. Annual Appreciation
1.65%
Original Mortgage
$1,064,000
Outstanding Balance
$1,011,227
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$400,961
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sze Kate $1,330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sze Kate $1,064,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $1,330,000 -3.3% --
02/15/2022 02/15/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $1,375,000 -- --
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 $11,188 $59,045 $6,884 $52,161
2024 $11,188 $55,703 $7,030 $48,673
2023 $10,555 $52,550 $6,113 $46,437
2022 $10,366 $74,280 $9,360 $64,920
2021 $10,928 $73,920 $9,360 $64,560
2020 $10,415 $72,660 $9,360 $63,300
2019 $9,710 $70,020 $9,360 $60,660
2018 $8,927 $43,792 $5,824 $37,968
2017 $8,821 $43,272 $7,076 $36,196
2016 $8,650 $43,272 $7,076 $36,196
2015 $4,924 $41,003 $9,825 $31,178
2014 $4,924 $38,683 $10,359 $28,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3364375

OneKey® MLS

APN: 01397-0049