NOT LISTED FOR SALE

Estimated Value: $1,569,443 - $1,873,000

8 Beds
4 Baths
3,378 Sq Ft
$515/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $1,500,000 $444 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,361/month

34 Days on Market

Highlights

  • Contemporary Architecture
  • Park
  • 3-minute walk to Frank D. O' Conner Playground
  • Property is near public transit

About This Home

As of June 2021

Full brick detached. in the heart of Elmhurst. minutes away from subway, parks supermarket. income producing, Additional information: Appearance:good

Last Agent to Sell the Property

Kay Chan

Winzone Realty Inc Brokerage Phone: 917-294-6575 License #10401264780 Listed on: 01/30/2021

Winzone Realty Inc

Last Buyer's Agent

Xin Xiong Liu

E Realty International Corp License #10401323350

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,153

Year Built

  • Built in 1965

Lot Details

  • 2,704 Sq Ft Lot
  • Lot Dimensions are 27.04x100

Parking

  • Private Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 87 / 1525
  • Assessor Parcel Number 01525-0087

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,153

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Year Built: 1965
  • Attribution Contact: 917-294-6575
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Private

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 27.04x100
  • Lot Size Sq Ft: 2704
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 01525-0087
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 13153
  • Tax Block: 1525
  • Tax Lot: 87

MLS Schools

  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Jun 28, 2021
Sold by
Cao Qiu Yun and Wang Ming Zhou
Bought by
Shi Jiajing and Shi Lanping
Seller's Agent
Kay Chan
Winzone Realty Inc
Buyer's Agent
Xin Xiong Liu
E Realty International Corp
List Price
$1,680,000
Sold Price
$1,500,000
Premium/Discount to List
-$180,000
-10.71%
Current Estimated Value
$1,738,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,861
Avg. Annual Appreciation
1.56%
Original Mortgage
$700,000
Outstanding Balance
$636,517
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$965,281

Purchase Details

Closed on
Jun 4, 2019
Sold by
Cao Qiu Yun and Wang Rui Yin
Bought by
Cao Qiu Yun and Wang Ming Zhou

Purchase Details

Closed on
Aug 14, 2002
Sold by
Shen Kevin and Wong Lai Mee
Bought by
Cao Qiu Yun and Wang Rui Yin

Purchase Details

Closed on
May 20, 1998
Sold by
Kim Soon Jong
Bought by
Shen Kevin and Wong Lai Mee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Lee Chul Ho and Lee Un Kyuang
Bought by
Kim Soon Jong and Lee Un Kyung
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
Shi Jiajing $1,500,000 --
Shi Jiajing $1,500,000 --
Cao Qiu Yun -- --
Cao Qiu Yun -- --
Cao Qiu Yun -- --
Cao Qiu Yun -- --
Shen Kevin $376,000 --
Shen Kevin $376,000 --
Kim Soon Jong $118,000 First American Title Ins Co
Kim Soon Jong -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Jiajing $700,000
Closed Shi Jiajing $700,000
Previous Owner Shen Kevin $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $1,500,000 -10.7% $444 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $1,680,000 -- $497 / 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 $14,131 $74,569 $17,828 $56,741
2024 $14,131 $70,356 $18,054 $52,302
2023 $13,332 $66,378 $17,626 $48,752
2022 $12,988 $90,600 $25,620 $64,980
2021 $13,692 $82,860 $25,620 $57,240
2020 $13,153 $91,080 $25,620 $65,460
2019 $12,265 $94,860 $25,620 $69,240
2018 $11,276 $55,315 $17,719 $37,596
2017 $8,342 $54,216 $19,702 $34,514
2016 $10,528 $54,216 $19,702 $34,514
2015 $6,169 $51,784 $24,970 $26,814
2014 $6,169 $48,859 $28,277 $20,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3284694

OneKey® MLS

APN: 01525-0087