NOT LISTED FOR SALE

Estimated Value: $974,000 - $1,300,000

2 Beds
1.5 Baths
-- Sq Ft
2,017 Sq Ft Lot

Last Sold July 29, 2024

Last sale price $925,000

Est. 24% increase in value since last sale

Current estimated payment $6,520/month

14 Days on Market

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Home Gym
  • Wood Flooring
  • Home Office
  • Balcony

About This Home

As of July 2024

1 family solid brick attached 2 Bedroom 1 storey home in prime Long Island City (Astoria border line) with private driveway, garage, finished basement and private yard. Top location within 0.4 miles to Subway station on 31st St. The home is in livable condition with newer electric service, modern windows and updated plumbing. Kitchen and bathrooms are functional and offer an opportunity for your own renovations and updates. Sunny private balcony/porch in the front enjoying Western exposure. The basement is finished featuring a legal recreation room (excercise room or home office), legal 2 piece bathroom, laundry area and plenty of closets and storage; it can be accessed from the front facing garage, the main level and it also has an exit to the private backyard. The property offers room to grow and a great upside thanks to the R5 zoning and 20x100 lot (988 sq ft of unused air rights and zoned for multifamily). Unique opportunity in top location with very short commute to Manhattan (by driving or taking public transportation) and in close proximity to a myriad restaurants, cafes and entertainment venues. The Museum of the Moving Image and Kaufman Studios are in the vicinity as well as The Melrose Ballroom. The area is truly a cultural destination and it supports the investment value of local real estate properties that enjoy very healthy appreciation. Great to live in and/or great investment due to the very strong rental market.

Last Agent to Sell the Property

Manuel Vargas

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #30VA1174629 Listed on: 05/10/2024

Keller Williams Rlty Landmark

Last Buyer's Agent

Manuel Vargas

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #30VA1174629 Listed on: 05/10/2024

Keller Williams Rlty Landmark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1945

Lot Details

  • 2,017 Sq Ft Lot
  • Lot Dimensions are 20x100.83
  • West Facing Home
  • Back Yard Fenced
  • Zoning described as R5

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Home Office
  • Storage
  • Home Gym
  • Eat-In Kitchen
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Patio
  • Porch

Schools

  • Ps 112 Dutch Kills Elementary School
  • Is 204 Oliver W Holmes Middle School
  • Long Island City High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 10 / 584
  • Assessor Parcel Number 00584-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,800

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1945
  • New Construction: No
  • Attribution Contact: 718-475-2700
  • BuildingSize: 20x41
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Home Office, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Refrigerator
  • Total Bedrooms: 2
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: West
  • Construction Materials: Brick
  • Fencing: Back Yard
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio, Porch
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 204 Oliver W Holmes

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100.83
  • Lot Size Sq Ft: 2017
  • Lot Size Units: Acres
  • Parcel Number: 00584-0010
  • Zoning Description: R5
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-05-10

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 6800
  • Tax Block: 584
  • Tax Lot: 10
  • Tax Map Number: 00584-0010
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Ps 112 Dutch Kills
  • High School: Long Island City High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 29, 2024
Sold by
34-45 Realty Llc
Bought by
Buck Melissa and Leite Julio
Seller's Agent
Manuel Vargas
Keller Williams Rlty Landmark
Buyer's Agent
Manuel Vargas
Keller Williams Rlty Landmark
List Price
$1,000,000
Sold Price
$925,000
Premium/Discount to List
-$75,000
-7.5%
Views
47
Current Estimated Value
$1,144,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,216
Avg. Annual Appreciation
15.34%
Original Mortgage
$555,000
Outstanding Balance
$547,739
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$596,477

Purchase Details

Closed on
Oct 17, 2002
Sold by
Pellerzi Peter
Bought by
34-45 Realty Llc
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
Buck Melissa $925,000 --
Buck Melissa $925,000 --
34-45 Realty Llc -- --
34-45 Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buck Melissa $555,000
Closed Buck Melissa $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $925,000 -7.5% --
05/24/2024 05/24/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $1,000,000 0.0% --
05/09/2024 05/09/24 For Sale $1,000,000 -- --
Source: OneKey® MLS

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 $6,800 $35,887 $8,017 $27,870
2024 $6,800 $33,857 $9,067 $24,790
2023 $6,728 $33,499 $8,484 $25,015
2022 $6,346 $62,700 $15,120 $47,580
2021 $6,671 $65,220 $15,120 $50,100
2020 $6,330 $65,460 $15,120 $50,340
2019 $5,902 $64,200 $15,120 $49,080
2018 $5,691 $27,916 $7,500 $20,416
2017 $5,691 $27,916 $7,056 $20,860
2016 $5,281 $27,916 $7,056 $20,860
2015 $3,176 $24,922 $10,172 $14,750
2014 $3,176 $23,512 $8,158 $15,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3550555

OneKey® MLS

APN: 00584-0010