NOT LISTED FOR SALE

51 Depan Ave Floral Park, NY 11001

Estimated Value: $756,895 - $852,000

4 Beds
2 Baths
1,866 Sq Ft
$431/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $625,000 $335 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,374/month

104 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Hot Water Heating System

About This Home

As of May 2021

One of Kind Legal Two Family in the heart of Floral Park. Great Developer/investor or user occupant opportunity. Old World Charm and Well Maintained. Present use is a multi-family with 2 Rental apartments, detached garage and driveway. Separate Gas and Electric Meters. Centrally Located to All. Don't Miss this Opportunity.

Last Agent to Sell the Property

Daniella Silone

Douglas Elliman Real Estate Brokerage Phone: 516-352-4600 License #10401339605 Listed on: 09/02/2020

Douglas Elliman Real Estate

Co-Listed By

JoAnn Seeno

Exit Realty United Brokerage Phone: 516-352-4600 License #10311206630

Last Buyer's Agent

Jie Yeung

Keller Williams Rlty Landmark License #10401313237

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,064

Year Built

  • Built in 1908

Lot Details

  • 2,940 Sq Ft Lot
  • Lot Dimensions are 30x99
  • No Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • John Lewis Childs Elementary School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 311 / 77
  • Assessor Parcel Number 2007-32-077-00-0311-0

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,064

Year Built

Built in 1908

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1908
  • New Construction: No
  • Attribution Contact: 516-352-4600
  • Co List Office Mls Id: ONEJNSE01
  • Co List Office Phone: 516-352-4600
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished, Walk-Out Access
  • Inclusions: Refrigerator
  • Total Bedrooms: 4
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Stone
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 30x99
  • Lot Size Sq Ft: 2940
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2007-32-077-00-0311-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-10-13

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 15064.42
  • Tax Block: 77
  • Tax Lot: 311
  • Tax Other Annual Assessment Amount: 3745.42
  • Tax Map Number: 2007-32-077-00-0311-0
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: John Lewis Childs School
  • Middle School District: Floral Park-Bellerose

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
May 19, 2021
Sold by
Oconnor Trust
Bought by
51 Depan Ave Llc
Seller's Agent
Daniella Silone
Douglas Elliman Real Estate
Buyer's Agent
Jie Yeung
Keller Williams Rlty Landmark
List Price
$839,000
Sold Price
$625,000
Premium/Discount to List
-$214,000
-25.51%
Current Estimated Value
$804,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,448
Avg. Annual Appreciation
6.00%
Original Mortgage
$425,000
Outstanding Balance
$385,622
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$418,826

Purchase Details

Closed on
May 14, 1999
Sold by
Raulli Frederick and Raulli Phyllis
Bought by
O'Connor John and O'Connor Margaret T
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
51 Depan Ave Llc $625,000 None Available
51 Depan Ave Llc $625,000 None Available
O'Connor John $190,000 --
O'Connor John $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 51 Depan Ave Llc $425,000
Closed 51 Depan Ave Llc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $625,000 -10.6% $335 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
10/29/2020 10/29/20 Price Changed $699,000 -4.1% $375 / Sq Ft
10/14/2020 10/14/20 Price Changed $728,999 0.0% $391 / Sq Ft
09/18/2020 09/18/20 Price Changed $729,000 -13.1% $391 / Sq Ft
09/07/2020 09/07/20 For Sale $839,000 -- $450 / 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 $1,503 $675 $252 $423
2024 $1,503 $675 $252 $423
2023 $11,195 $675 $252 $423
2022 $11,195 $675 $252 $423
2021 $16,249 $658 $246 $412
2020 $11,696 $1,025 $609 $416
2019 $1,607 $1,025 $609 $416
2018 $8,978 $1,025 $0 $0
2017 $8,092 $1,025 $609 $416
2016 $9,574 $1,025 $609 $416
2015 $1,522 $1,025 $609 $416
2014 $1,522 $1,025 $609 $416
2013 $1,396 $1,025 $609 $416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3248583

OneKey® MLS

APN: 2007-32-077-00-0311-0