NOT LISTED FOR SALE

Estimated Value: $1,071,667 - $1,172,000

3 Beds
3 Baths
-- Sq Ft
2,900 Sq Ft Lot

Last Sold April 21, 2023

Last sale price $1,050,000

Est. 7% increase in value since last sale

Current estimated payment $6,608/month

23 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 1 Car Garage
  • Window Unit Cooling System
  • Hot Water Heating System
  • East Facing Home

About This Home

As of April 2023

Welcome to this Solid Fully Detached Two (2) Family house located in the heart of East Elmhurst. Lot of Windows. Two Car Garage with large shared driveway. First Floor (18' x 48') Second Floor (18' x 40'). High Ceiling Throughout the house. Great Opportunity for investor or anyone looking for self-use as well. Call today for a viewing.

Last Agent to Sell the Property

Nan Zhang

N & H Realty Group Inc License #10311206308 Listed on: 02/18/2023

Last Buyer's Agent

Karma Dolkar

Keller Williams Landmark II License #10401371917

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,478

Year Built

  • Built in 1925

Lot Details

  • 2,900 Sq Ft Lot
  • Lot Dimensions are 29x100
  • No Common Walls
  • East Facing Home

Parking

  • 1 Car Garage
  • Private Parking
  • Driveway

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Is 227 Louis Armstrong Middle School
  • Long Island City High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit
  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 28 / 1397
  • Assessor Parcel Number 01397-0028

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,478

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1925
  • New Construction: No
  • BuildingSize: 18x48,18x40
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 3
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Driveway, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 227 Louis Armstrong

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 29x100
  • Lot Size Sq Ft: 2900
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01397-0028
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-06-15

Multi Family

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

Tax Info

  • Tax Annual Amount: 7478
  • Tax Block: 1397
  • Tax Lot: 28
  • Tax Map Number: 01397-0028

MLS Schools

  • High School: Long Island City High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Apr 21, 2023
Sold by
Pedro Hernandez As Trustee and The Beatriz Hernandez Irrevocable Living
Bought by
Gelek Rigzin and Gurung Kelsang Chhoden
Seller's Agent
Nan Zhang
N & H Realty Group Inc
Buyer's Agent
Karma Dolkar
Keller Williams Landmark II
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
131
Current Estimated Value
$1,127,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,667
Avg. Annual Appreciation
2.67%
Original Mortgage
$787,500
Outstanding Balance
$766,172
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$353,311

Purchase Details

Closed on
Jan 15, 2021
Sold by
Hernandez Beatriz
Bought by
Beatrice Hernandez Irrev Living Trust and Pedro Hernandez As Trustee
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
Gelek Rigzin $1,050,000 --
Gelek Rigzin $1,050,000 --
Beatrice Hernandez Irrev Living Trust -- --
Beatrice Hernandez Irrev Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelek Rigzin $787,500
Closed Gelek Rigzin $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $1,050,000 -4.5% --
03/13/2023 03/13/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $1,100,000 -- --
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 $7,840 $40,608 $6,419 $34,189
2024 $7,840 $39,035 $7,154 $31,881
2023 $6,633 $36,826 $6,034 $30,792
2022 $3,017 $57,840 $11,040 $46,800
2021 $6,889 $49,800 $11,040 $38,760
2020 $6,504 $54,720 $11,040 $43,680
2019 $6,146 $55,200 $11,040 $44,160
2018 $5,597 $30,688 $6,659 $24,029
2017 $5,610 $30,688 $6,836 $23,852
2016 $5,354 $30,688 $6,836 $23,852
2015 $3,053 $28,200 $9,734 $18,466
2014 $3,053 $27,108 $10,434 $16,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3459483

OneKey® MLS

APN: 01397-0028