NOT LISTED FOR SALE

Estimated Value: $1,088,379 - $1,335,000

5 Beds
2 Baths
-- Sq Ft
2,375 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $1,285,000

Est. 2% decrease in value since last sale

Current estimated payment $7,786/month

126 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Garage
  • 5-minute walk to Gorman Playground
  • Window Unit Cooling System
  • Heating System Uses Steam

About This Home

As of August 2022

This home is located at 31-20 85th St, East Elmhurst, NY 11370 since 11 April 2022 and is currently estimated at $1,258,845. This property was built in 1925. 31-20 85th St is a home located in Queens County with nearby schools including P.S. 148, I.S. 145 Joseph Pulitzer Magnet School, and Newtown High School.

Last Agent to Sell the Property

Domingo DeGuzman

Gemars Realty Corp License #31DE0822620 Listed on: 04/11/2022

Last Buyer's Agent

Mashud Ahmed

Bouklis Group Marketing Corp License #10401323025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,099

Year Built

  • Built in 1925

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 23.75x100
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Is 227 Louis Armstrong Middle School
  • William Cullen Bryant High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 1396
  • Assessor Parcel Number 01396-0010

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,099

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-380-3500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-04-12
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 227 Louis Armstrong
  • High School: William Cullen Bryant High School
  • Middle School: Is 227 Louis Armstrong

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 23.75x100
  • Lot Size Sq Ft: 2375.00
  • Lot Size Units: Acres
  • Parcel Number: 01396-0010
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-31
  • Tax Annual Amount: 9099.00
  • Tax Block: 1396
  • Tax Lot: 10
  • Tax Map Number: 01396-0010

Multi Family

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

MLS Schools

  • High School: William Cullen Bryant High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Aug 31, 2022
Sold by
Garrovillas Mario and Garrovillas-Cruz Marian
Bought by
Dhargyal Tenzin and Namdol Tenzin
Seller's Agent
Domingo DeGuzman
Gemars Realty Corp
Buyer's Agent
Mashud Ahmed
Bouklis Group Marketing Corp
List Price
$1,399,000
Sold Price
$1,285,000
Premium/Discount to List
-$114,000
-8.15%
Current Estimated Value
$1,258,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,155
Avg. Annual Appreciation
-0.73%
Original Mortgage
$1,068,000
Outstanding Balance
$1,028,089
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,756
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
Dhargyal Tenzin $1,285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhargyal Tenzin $1,068,000
Previous Owner Garrovillas Marian $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $1,285,000 -8.1% --
08/15/2022 08/15/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $1,399,000 0.0% --
08/08/2022 08/08/22 For Sale $1,399,000 +3.7% --
05/31/2022 05/31/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $1,349,000 -- --
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 $9,276 $46,182 $7,937 $38,245
2023 $9,276 $46,182 $7,252 $38,930
2022 $8,941 $62,940 $11,580 $51,360
2021 $9,099 $61,980 $11,580 $50,400
2020 $8,634 $68,100 $11,580 $56,520
2019 $8,051 $65,280 $11,580 $53,700
2018 $7,845 $38,485 $8,244 $30,241
2017 $7,608 $37,324 $8,806 $28,518
2016 $7,203 $37,324 $8,806 $28,518
2015 $4,247 $33,993 $11,313 $22,680
2014 $4,247 $32,071 $10,153 $21,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3390621

OneKey® MLS

APN: 01396-0010