NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,090,000

4 Beds
3 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold October 20, 2022

Last sale price $985,000

Est. 3% decrease in value since last sale

Current estimated payment $5,838/month

173 Days on Market

Highlights

  • City View
  • Colonial Architecture
  • Wood Flooring
  • P.S. 229 Emanuel Kaplan Rated A-
  • Property is near public transit
  • 4-minute walk to Whitefish Triangle Park

About This Home

As of October 2022

Detached legal two family in the heart of Maspeth Plateau. Great for large family or as rental property .Featuring 3 story building with 5 room duplex with Dormer attic and rear terrace on the second floor and a 4 room apt located on the first floor and full finished Basement on c of o . Conveniently located just minutes away from Bushwick Brooklyn, and Manhattan. Walking distance to park with tennis courts and soccer field. This beautiful home features a private driveway, huge 2 Car Garage with attic above and backyard with patio . whole house vacant at closing. New Roof, New Boiler, New Fencing.Must see!, Additional information: Appearance:Excellent,Separate Hotwater Heater:yes

Last Agent to Sell the Property

Richard Gambino

Coldwell Banker American Homes Brokerage Phone: 718-206-1340 License #30GA0817217 Listed on: 01/28/2022

Coldwell Banker American Homes

Last Buyer's Agent

Bixia Ouyang

United Real Estate Fortune License #10401330718

United Real Estate Fortune

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Private Entrance
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Is 5 Walter Crowley Intermediate
  • Maspeth High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Exclusions: Chandelier(s)
  • Tenant pays for electricity, gas
  • Assessor Parcel Number 02370-0009

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Levels: Three Or More
  • Exclusions: Chandelier(s)
  • Year Built: 1925
  • Attribution Contact: 718-206-1340
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • View: City
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Total Parking Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, Driveway, Garage, Private

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle School: Is 5 Walter Crowley Intermediate

Lot Info

  • Lot Dimensions: 25 by 100
  • Lot Size Sq Ft: 2500
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 02370-0009
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R4-1

Rental Info

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

Multi Family

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

Tax Info

  • Tax Annual Amount: 7000

MLS Schools

  • High School: Maspeth High School
  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Oct 20, 2022
Sold by
Padilla Hope N
Bought by
Chen Xiao Li and Li Hui
Seller's Agent
Richard Gambino
Coldwell Banker American Homes
Buyer's Agent
Bixia Ouyang
United Real Estate Fortune
List Price
$1,195,000
Sold Price
$985,000
Premium/Discount to List
-$210,000
-17.57%
Current Estimated Value
$959,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,201
Avg. Annual Appreciation
1.25%
Original Mortgage
$591,000
Outstanding Balance
$570,711
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,150

Purchase Details

Closed on
May 30, 1996
Sold by
Allegro Mary
Bought by
Padilla Hope N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
7.98%
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 Xiao Li $985,000 --
Padilla Hope N $253,000 Pioneer Land Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xiao Li $591,000
Previous Owner Padilla Hope N $200,629
Previous Owner Padilla Hope N $177,500
Previous Owner Padilla Hope $60,000
Previous Owner Padilla Hope N $216,438
Previous Owner Padilla Hope N $100,000
Previous Owner Padilla Hope N $61,000
Previous Owner Padilla Hope N $240,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $985,000 -7.9% --
07/21/2022 07/21/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $1,070,000 -2.7% --
05/22/2022 05/22/22 Price Changed $1,100,000 -4.3% --
04/05/2022 04/05/22 Price Changed $1,150,000 -3.2% --
03/30/2022 03/30/22 Price Changed $1,188,000 -0.5% --
03/07/2022 03/07/22 Price Changed $1,194,000 -0.1% --
01/28/2022 01/28/22 For Sale $1,195,000 -- --
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 $6,994 $35,576 $8,554 $27,022
2024 $6,994 $34,824 $9,210 $25,614
2023 $6,649 $33,106 $7,969 $25,137
2022 $5,978 $53,220 $13,980 $39,240
2021 $5,947 $53,820 $13,980 $39,840
2020 $5,979 $51,600 $13,980 $37,620
2019 $5,778 $50,640 $13,980 $36,660
2018 $5,326 $27,588 $7,064 $20,524
2017 $5,032 $26,154 $8,268 $17,886
2016 $4,632 $26,154 $8,268 $17,886
2015 $2,756 $24,706 $10,421 $14,285
2014 $2,756 $24,184 $10,509 $13,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3371694

OneKey® MLS

APN: 02370-0009