Seller's Agent in 2023
Christian Wittmann
Compass
(917) 859-4309
1 in this area
64 Total Sales
32-44 88th St East Elmhurst, NY 11369
Jackson Heights NeighborhoodEstimated Value: $1,034,000 - $1,164,000
3
Beds
3
Baths
2,099
Sq Ft
$527/Sq Ft
Est. Value
Highlights
- Intercom
- Garden
- 3-minute walk to Playground Ninety
About This Home
As of September 2023*ALL SHOWINGS INCLUDING OPEN HOUSE BY APPOINTMENT*
*PLEASE CALL / EMAIL TO CONFIRM!!!*
Legal 3 Family brick Tudor for under $1.1M in beautiful Jackson Heights!
Building consists of (3) One-Bedroom apartments with separate windowed kitchen and excellent storage. Measuring 19x35 on a 100ft lot with a large private garden and parking for up to two cars (one in garage + one in drive).
Ground Level Unit has direct garden access (vacant)
1st Floor Unit with front terrace (rented, no lease)
2nd Floor Unit (rented, no lease)
Each unit is metered for their own gas and electric! Oil heat paid by the owner.
Projected ROI: 5.5%!!!
Discover the beauty, value and convenience of Jackson Heights with its tree-lined blocks, a wide variety of shops and dining options, highly regarded private schools and an easy commute to Manhattan by the 7 subway at 90 St / Elmhurst Ave. Zoned for PS148 / IS145. Plus, two wonderful playgrounds nearby (Ninety and Northern Playground).
This super clean and well cared for home offers a great opportunity as a primary residence or investment purchase!
Please email the listing agent for a full income / expense set up and to schedule a showing.
All showings are by appointment with proof of pre-approval.
Co-brokers are always welcome!
Last Agent to Sell the Property
Compass License #10301206554 Listed on: 06/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,962
Year Built
- Built in 1960
Lot Details
- Lot Dimensions are 19.0 x 100.0
- Garden
Interior Spaces
- 2,099 Sq Ft Home
- 3-Story Property
- Intercom
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Community Details
- Jackson Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 26 / 1417
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2023
Closed on
Sep 1, 2023
Sold by
Estate Of Elaine R Shepherd and Jeremy R. Shepherd As Executor
Bought by
S & T 3588 Inc
Seller's Agent
Christian Wittmann
Compass
List Price
$1,098,000
Sold Price
$1,044,000
Premium/Discount to List
-$54,000
-4.92%
Views
294
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,943
Avg. Annual Appreciation
3.69%
Purchase Details
Closed on
Feb 25, 2004
Sold by
Estate Of Frank J Bauer and Frank M Bauer Administrator
Bought by
Shepherd Elaine R and Shepherd James F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| S & T 3588 Inc | $1,044,000 | -- | |
| Shepherd Elaine R | $310,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shepherd Elaine R | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2023 09/01/23 | Sold | $1,044,000 | -4.9% | $497 / Sq Ft |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | For Sale | $1,098,000 | +5.2% | $523 / Sq Ft |
| 06/21/2023 06/21/23 | Off Market | $1,044,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $9,962 | $49,974 | $8,184 | $41,790 |
| 2024 | $9,962 | $49,597 | $7,960 | $41,637 |
| 2023 | $9,503 | $46,790 | $6,439 | $40,351 |
| 2022 | $8,812 | $67,260 | $10,140 | $57,120 |
| 2021 | $8,764 | $55,740 | $10,140 | $45,600 |
| 2020 | $8,815 | $59,880 | $10,140 | $49,740 |
| 2019 | $8,646 | $65,940 | $10,140 | $55,800 |
| 2018 | $7,949 | $38,992 | $8,514 | $30,478 |
| 2017 | $7,499 | $36,786 | $7,563 | $29,223 |
| 2016 | $6,938 | $36,786 | $7,563 | $29,223 |
| 2015 | $4,186 | $34,704 | $10,178 | $24,526 |
| 2014 | $4,186 | $34,443 | $10,478 | $23,965 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10883793
APN: 01417-0026
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