NOT LISTED FOR SALE

38-21 48th Ave Long Island City, NY 11101

Long Island City Neighborhood

Estimated Value: $1,290,632 - $1,779,000

6 Beds
3 Baths
2,470 Sq Ft
$613/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $1,315,000 $532 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,767/month

59 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • Main Floor Primary Bedroom
  • Skylights
  • Eat-In Kitchen

About This Home

As of February 2020

This is a beauty! 2 family with 2 car garage on the border of Sunnyside/Long Island City. Duplex apt with 3+ bedrooms, two full bathrooms. Large living room, Den area Lower level is Eat in Kitchen with family room and laundry room. Top Floor is a two bedroom apartment with spacious living room, renovated bathroom, galley kitchen leading to large porch. Entry foyer has skylight. Close to Sunnyside shopping and Astoria's fine dining!, Additional information: Business Located At:,Interior Features:Lr/Dr,Rental Income:,Separate Hotwater Heater:1

Last Agent to Sell the Property

Linda Santini Tripodis

Merit Group & Associates Corp License #10311203003 Listed on: 11/04/2019

Last Buyer's Agent

Linda Santini Tripodis

Merit Group & Associates Corp License #10311203003 Listed on: 11/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,374

Year Built

  • Built in 1950

Lot Details

  • 1,520 Sq Ft Lot
  • Lot Dimensions are 19x80
  • Corner Lot

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction

Interior Spaces

  • Skylights
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 227
  • Assessor Parcel Number 00227-0001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,374

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Split Entry (Bi-Level)
  • Year Built: 1950
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: None, Unfinished
  • Total Bedrooms: 6
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Porch

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 19x80
  • Lot Size Sq Ft: 1520
  • Lot Features: Corner Lot
  • Parcel Number: 00227-0001
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 8374
  • Tax Block: 227
  • Tax Lot: 1

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Feb 18, 2020
Sold by
Maragoudakis Sophia and Psitos William
Bought by
Sutaru Alexandru
Seller's Agent
Linda Santini Tripodis
Merit Group & Associates Corp
Buyer's Agent
Linda Santini Tripodis
Merit Group & Associates Corp
List Price
$1,495,000
Sold Price
$1,315,000
Premium/Discount to List
-$180,000
-12.04%
Current Estimated Value
$1,513,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,908
Avg. Annual Appreciation
2.49%
Original Mortgage
$980,000
Outstanding Balance
$865,869
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$648,039

Purchase Details

Closed on
Jun 24, 2004
Sold by
Mary N Coles N and Mary Coles
Bought by
Maragoudakis Sophia and Psitos William J
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
Sutaru Alexandru $1,315,000 --
Sutaru Alexandru $1,315,000 --
Maragoudakis Sophia -- --
Maragoudakis Sophia -- --
Maragoudakis Sophia -- --
Maragoudakis Sophia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutaru Alexandru $980,000
Closed Sutaru Alexandru $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $1,315,000 -- --
02/18/2020 02/18/20 Sold $1,315,000 -12.0% $532 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/04/2019 11/04/19 For Sale $1,495,000 -- $605 / 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 $9,648 $50,920 $6,142 $44,778
2024 $9,648 $48,038 $5,442 $42,596
2023 $9,111 $45,364 $5,653 $39,711
2022 $8,544 $77,160 $9,720 $67,440
2021 $9,007 $77,580 $9,720 $67,860
2020 $8,975 $75,120 $9,720 $65,400
2019 $8,374 $64,320 $9,720 $54,600
2018 $7,706 $37,803 $8,111 $29,692
2017 $7,270 $35,665 $7,882 $27,783
2016 $7,130 $35,665 $7,882 $27,783
2015 -- $35,361 $9,543 $25,818
2014 -- $33,360 $10,800 $22,560
Source: Public Records

Agents Affiliated with this Home

  • Linda Santini Tripodis

    Seller's Agent in 2020

    Linda Santini Tripodis

    Merit Group & Associates Corp

    (347) 728-5439

    7 Total Sales

    Linda Santini Tripodis
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Map

Source: OneKey® MLS

MLS Number: L3178306

OneKey® MLS

APN: 00227-0001

New York Queens County Long Island City 11101 Long Island City

38-21 48th Ave, Long Island City, NY

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