NOT LISTED FOR SALE

Estimated Value: $1,007,000 - $1,113,000

5 Beds
2 Baths
2,260 Sq Ft
$471/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $820,000 $363 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,168/month

40 Days on Market

Highlights

  • 0.08 Acre Lot
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Arleta Elementary School Rated 9+
  • Cathedral Ceiling
  • 4-minute walk to Ewen Park

About This Home

As of October 2022

Run, don't walk to see this rarely available 2-family house that's being listed for sale for the first time since 1976! This large detached home built in 1925 is sitting on an oversized lot that's 44 77 with R6 zoning and features a large driveway that easily fits 2 cars as well as an oversized grassy level backyard. As you enter, you will notice the beautiful pre-war details. First floor features a large living room with hardwood floors and high ceilings. Through the hallway you will access a separate windowed kitchen and a large formal dining room that can be easily converted into a 3rd bedroom. Two well-proportioned bedrooms each have large closets. The windowed bathroom is in good condition. Upstairs you will find a vacant turn-key rental with 3 bedrooms, large living room, windowed kitchen and a formal dining room that can be converted into a 4th bedroom. There is also an updated windowed bath. The basement features a laundry area and plenty of room for storage. Priced to sell!

Last Agent to Sell the Property

Greg Kochanov

Moda Realty LLC License #10491204381 Listed on: 07/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,704

Year Built

  • Built in 1925

Lot Details

  • 3,437 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Home Design

  • Frame Construction
  • Aluminum Siding
  • Stucco

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 05714-0163

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

$6,704

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 718-412-0000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Cathedral Ceiling(s), Formal Dining Room, Entrance Foyer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished
  • Total Bedrooms: 5
  • Living Area: 2260.00
  • Square Footage: 2260.00

Exterior Features

  • Construction Materials: Frame, Aluminum Siding, Stucco
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Size Sq Ft: 3437.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05714-0163
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2022-10-17
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 6704.00
  • Tax Map Number: 05714-0163

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Lfm Realty Llc
Bought by
Luxplace Realty Llc
Current Estimated Value
$1,063,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Outstanding Balance
$491,122
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$572,807

Purchase Details

Listed on
Jul 20, 2022
Closed on
Oct 17, 2022
Sold by
Kehoe Brian and Kehoe Owen
Bought by
Lfm Realty Llc A New York Limited Liabi
Seller's Agent
Greg Kochanov
Moda Realty LLC
List Price
$825,000
Sold Price
$820,000
Premium/Discount to List
-$5,000
-0.61%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
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
Luxplace Realty Llc $999,000 --
Lfm Realty Llc A New York Limited Liabi $820,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luxplace Realty Llc $499,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $820,000 -0.6% $363 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $825,000 -- $365 / Sq Ft
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 $6,797 $35,869 $8,489 $27,380
2024 $6,797 $33,840 $9,544 $24,296
2023 $6,797 $33,840 $11,041 $22,799
2022 $6,704 $49,620 $15,720 $33,900
2021 $6,668 $52,080 $15,720 $36,360
2020 $6,327 $57,540 $15,720 $41,820
2019 $5,899 $50,580 $15,720 $34,860
2018 $5,749 $28,200 $11,110 $17,090
2017 $5,705 $27,986 $9,437 $18,549
2016 $5,278 $26,403 $10,402 $16,001
2015 $3,184 $24,909 $10,619 $14,290
2014 $3,184 $23,500 $10,674 $12,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6200318

OneKey® MLS

APN: 05714-0163