Seller's Agent in 2023
Bianca Colasuonno
Compass Greater NY LLC
(347) 946-0050
12 in this area
256 Total Sales
35-50 87th St Jackson Heights, NY 11372
Jackson Heights NeighborhoodEstimated Value: $1,534,997 - $1,937,000
5
Beds
3
Baths
2,550
Sq Ft
$695/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Property is near public transit
- 2 Fireplaces
- Ps 222 Fire Fighter Christopher A Santora School Rated A-
- Wood Flooring
- Formal Dining Room
About This Home
As of November 2023This meticulously maintained home in the Jackson Heights historical district features original details such as slate tiled roof with steep gables, picture rail moulding, beautiful inlaid floors, and brick framed fireplace. The owner's triplex is over 2,500 square ft. with three bedrooms, two bathrooms and a formal dining room. The modern kitchen features custom cabinetry, dishwasher and built-in microwave. The income producing top floor two bedroom apartment features a brick framed fireplace, original inlaid floors and a central kitchen with skylight. Each floor is flooded with natural light from the south, west and east facing casement windows. The fully finished basement with separate entrance is fitted with a wet bar, laundry room and bathroom. The lush green grass fills the fenced-in yard and connects to the private garage. This exquisite property is easily convertible to a single family home that would encompass over 3,400 square feet and would feature six bedrooms and three bathrooms. Don't let the quiet serenity of the location fool you as this home is around the corner from the restaurants, shops and conveniences of 37th Ave. With only minutes to the 7 train, this home is a commuter's dream.
Last Agent to Sell the Property
Compass Greater NY LLC Brokerage Phone: 347-946-0050 License #40CO1073588 Listed on: 08/16/2023
Last Buyer's Agent
Stephanie McNeil
Filo Real Estate Group LLC License #10301217481
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,499
Year Built
- Built in 1930
Lot Details
- 3,267 Sq Ft Lot
- Lot Dimensions are 32.67x100
- 1 Common Wall
- Back Yard Fenced
Parking
- 1 Car Garage
- Shared Driveway
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,550 Sq Ft Home
- 3-Story Property
- Skylights
- 2 Fireplaces
- Formal Dining Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Location
- Property is near public transit
- The property is located in a historic district
Schools
- Ps 69 Jackson Heights Elementary School
- Is 230 Middle School
- Long Island City High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Exclusions: Dryer,Washer
- Legal Lot and Block 29 / 1460
- Assessor Parcel Number 01460-0029
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2023
Closed on
Nov 21, 2023
Sold by
Brown Owen Francis and Brown Brown
Bought by
Morris Michael and Telzak Rebecca
Seller's Agent
Bianca Colasuonno
Compass Greater NY LLC
Buyer's Agent
Stephanie McNeil
Filo Real Estate Group LLC
List Price
$1,790,000
Sold Price
$1,800,000
Premium/Discount to List
$10,000
0.56%
Views
134
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
-$28,751
Avg. Annual Appreciation
-1.03%
Original Mortgage
$1,198,000
Outstanding Balance
$1,179,374
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$588,375
Purchase Details
Closed on
Dec 2, 2004
Sold by
Brown Executor Lawrence P and Brown Brown
Bought by
Brown Mary Kelly and Brown Owen Francis
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morris Michael | $1,800,000 | -- | |
| Morris Michael | $1,800,000 | -- | |
| Brown Mary Kelly | -- | -- | |
| Brown Mary Kelly | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morris Michael | $1,198,000 | |
| Closed | Morris Michael | $1,198,000 | |
| Previous Owner | Brown Mary K | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2023 11/21/23 | Sold | $1,800,000 | +0.6% | $706 / Sq Ft |
| 09/06/2023 09/06/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $1,790,000 | -- | $702 / Sq Ft |
Source: OneKey® MLS
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 | $10,675 | $56,335 | $8,265 | $48,070 |
| 2024 | $10,675 | $53,148 | $9,095 | $44,053 |
| 2023 | $10,383 | $51,695 | $7,887 | $43,808 |
| 2022 | $9,736 | $83,880 | $15,360 | $68,520 |
| 2021 | $10,263 | $83,520 | $15,360 | $68,160 |
| 2020 | $9,937 | $82,980 | $15,360 | $67,620 |
| 2019 | $9,265 | $84,600 | $15,360 | $69,240 |
| 2018 | $8,782 | $43,079 | $9,785 | $33,294 |
| 2017 | $3,496 | $40,641 | $8,160 | $32,481 |
| 2016 | $3,441 | $40,641 | $8,160 | $32,481 |
| 2015 | $1,873 | $39,122 | $13,228 | $25,894 |
| 2014 | $1,873 | $36,909 | $12,347 | $24,562 |
Source: Public Records
Agents Affiliated with this Home
-
Bianca Colasuonno
-
Chris Palmer
Seller Co-Listing Agent in 2023
Chris Palmer
Compass Greater NY LLC
(347) 481-2976
13 in this area
116 Total Sales
-
S
Buyer's Agent in 2023
Stephanie McNeil
Filo Real Estate Group LLC
Map
Source: OneKey® MLS
MLS Number: KEY3498369
APN: 01460-0029
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