NOT LISTED FOR SALE

Estimated Value: $1,528,000 - $2,108,000

7 Beds
3 Baths
-- Sq Ft
3,605 Sq Ft Lot

Last Sold June 03, 2016

Last sale price $1,600,000

Est. 13% increase in value since last sale

Current estimated payment $10,539/month

77 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to 82 Street-Jackson Heights
  • Eat-In Kitchen
  • Formal Dining Room
  • Detached Garage
  • Hot Water Heating System

About This Home

As of June 2016

This home is located at 40-29 Forley St, Elmhurst, NY 11373 since 24 November 2015 and is currently estimated at $1,803,234. This property was built in 1935. 40-29 Forley St is a home located in Queens County with nearby schools including P.S. 89 Elmhurst, IS 73 - The Frank Sansivieri School, and Newtown High School.

Last Agent to Sell the Property

Xuxin Chen

E Realty International Corp Brokerage Phone: 718-395-8266 License #10301222410 Listed on: 11/24/2015

E Realty International Corp

Last Buyer's Agent

Josue Loja

Happy 8 Realty Corp License #40LO1088350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,102

Year Built

  • Built in 1935

Lot Details

  • 3,605 Sq Ft Lot
  • Lot Dimensions are 37x97

Parking

  • Detached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Stucco

Interior Spaces

  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Legal Lot and Block 44 / 1502
  • Assessor Parcel Number 01502-0044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,102

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Year Built: 1935
  • Attribution Contact: 718-395-8266
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 7
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Stucco
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 37X97
  • Lot Size Sq Ft: 3605
  • Parcel Number: 01502-0044
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R6

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 7102.07
  • Tax Block: 1502
  • Tax Lot: 44

MLS Schools

  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2015
Closed on
Jun 2, 2016
Sold by
Forley Realty Llc
Bought by
J Forley Llc
Seller's Agent
Xuxin Chen
E Realty International Corp
Buyer's Agent
Josue Loja
Happy 8 Realty Corp
List Price
$1,880,000
Sold Price
$1,600,000
Premium/Discount to List
-$280,000
-14.89%
Current Estimated Value
$1,803,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,234
Avg. Annual Appreciation
0.45%
Original Mortgage
$540,000
Outstanding Balance
$432,656
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,235,418

Purchase Details

Closed on
Nov 18, 2015
Sold by
Botero Elkin and Botero Martha
Bought by
Forley Realty Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
J Forley Llc $1,600,000 --
Forley Realty Llc $1,410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Forley Llc $540,000
Previous Owner Botero Elkin $131,999
Previous Owner Botero Elkin $120,000
Previous Owner Botero Elkin $60,000
Previous Owner Botero Elkin $408,000
Previous Owner Botero Elkin $62,587
Previous Owner Botero Elkin $53,950
Previous Owner Botero Elkin $7,846
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $1,600,000 -- --
06/03/2016 06/03/16 Sold $1,600,000 -4.8% --
02/09/2016 02/09/16 Pending -- -- --
01/11/2016 01/11/16 Price Changed $1,680,000 -6.1% --
12/07/2015 12/07/15 Price Changed $1,790,000 -4.8% --
11/24/2015 11/24/15 For Sale $1,880,000 -- --
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 $11,188 $59,045 $18,657 $40,388
2024 $11,188 $55,703 $18,083 $37,620
2023 $10,555 $52,550 $15,065 $37,485
2022 $10,332 $101,820 $30,600 $71,220
2021 $10,892 $91,560 $30,600 $60,960
2020 $10,415 $92,100 $30,600 $61,500
2019 $9,710 $94,200 $30,600 $63,600
2018 $8,927 $43,792 $20,212 $23,580
2017 $10,825 $43,130 $19,604 $23,526
2016 $8,312 $43,130 $19,604 $23,526
2015 $4,688 $41,003 $21,560 $19,443
2014 $4,688 $38,683 $19,828 $18,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L2812624

OneKey® MLS

APN: 01502-0044