NOT LISTED FOR SALE

4505 74th St Elmhurst, NY 11373

Elmhurst Neighborhood

Estimated Value: $985,612 - $1,293,000

5 Beds
2.5 Baths
-- Sq Ft
1,313 Sq Ft Lot

Last Sold November 17, 2019

Last sale price $950,000

Est. 22% increase in value since last sale

Current estimated payment $7,104/month

116 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • 1 Car Attached Garage
  • P.S. 12 James B Colgate Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of November 2019

All Brick Legal 2 Family With Great Investment Opportunity, Whole House Can Be Vacant At Closing !! R5 Zoning, Best Elmhurst Location, Conveniently Located Minutes From #7 Train Station, Walk To Queens Blvd & Roosevelt Ave.

Last Agent to Sell the Property

David Tair

RE/MAX 1st Choice License #10491207120 Listed on: 03/21/2019

RE/MAX 1st Choice

Last Buyer's Agent

Lina Chen

Winzone Realty Inc License #40CH1145967

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,250

Year Built

  • Built in 1965

Lot Details

  • 1,313 Sq Ft Lot
  • Lot Dimensions are 18.5x71
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Community Details

  • Association fees include sewer
  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher
  • Legal Lot and Block 95 / 1528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,250

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Good
  • Exclusions: Dishwasher
  • Building Size: 18.5X44
  • Year Built: 1965
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining Room, Home Office
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None, Unfinished
  • Inclusions: Dryer, Refrigerator, Washer
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Yes
  • Heating: Other, Natural Gas
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Sewer
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0300
  • Lot Size Area: 0.0300
  • Lot Dimensions: 18.5X71
  • Lot Size Sq Ft: 1313.00
  • Lot Size Units: Acres
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2019-11-17
  • Tax Annual Amount: 7250.00
  • Tax Block: 1528
  • Tax Lot: 95

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Sep 20, 2019
Sold by
Chang Chuon Chu and Chang Hron Chan
Bought by
Chen Zhen Feng
Seller's Agent
David Tair
RE/MAX 1st Choice
Buyer's Agent
Lina Chen
Winzone Realty Inc
List Price
$1,260,000
Sold Price
$950,000
Premium/Discount to List
-$310,000
-24.6%
Current Estimated Value
$1,161,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,403
Avg. Annual Appreciation
3.60%
Original Mortgage
$570,000
Outstanding Balance
$500,449
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$664,072
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
Chen Zhen Feng $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zhen Feng $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2019 11/17/19 Sold $950,000 -16.5% --
07/15/2019 07/15/19 Pending -- -- --
07/13/2019 07/13/19 Price Changed $1,138,000 -7.5% --
04/30/2019 04/30/19 Price Changed $1,230,000 -2.4% --
03/21/2019 03/21/19 For Sale $1,260,000 -- --
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 $9,315 $49,162 $13,141 $36,021
2024 $9,315 $46,380 $14,851 $31,529
2023 $8,796 $43,793 $14,067 $29,726
2022 $8,742 $60,660 $18,540 $42,120
2021 $9,139 $60,300 $18,540 $41,760
2020 $8,672 $57,660 $18,540 $39,120
2019 $7,792 $63,480 $18,540 $44,940
2018 $7,142 $36,494 $9,116 $27,378
2017 $7,140 $36,494 $12,460 $24,034
2016 $6,924 $36,494 $12,460 $24,034
2015 $3,933 $34,140 $16,309 $17,831
2014 $3,933 $32,209 $13,741 $18,468
Source: Public Records

Agents Affiliated with this Home

  • David Tair

    Seller's Agent in 2019

    David Tair

    RE/MAX

    (917) 406-6026

    8 in this area

    311 Total Sales

    David Tair
    Section Image
  • Lina Chen

    Buyer's Agent in 2019

    Lina Chen

    Winzone Realty Inc

    (917) 660-1256

    1 in this area

    18 Total Sales

    Lina Chen
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3111227

OneKey® MLS

APN: 01528-0095

New York Queens County Elmhurst 11373 Elmhurst

4505 74th St, Elmhurst, NY

This home is located at 4505 74th St, Elmhurst, NY 11373 since 21 March 2019 and is currently estimated at $1,161,403. This property was built in 1965. 4505 74th St is a home located in Queens County with nearby schools including P.S. 12 James B Colgate, Is 5 The Walter Crowley Intermediate School, and Newtown High School.

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