NOT LISTED FOR SALE

Estimated Value: $1,576,911 - $1,638,000

6 Beds
5 Baths
-- Sq Ft
2,172 Sq Ft Lot

Last Sold May 26, 2023

Last sale price $1,500,000

Est. 7% increase in value since last sale

Current estimated payment $10,067/month

62 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 3-minute walk to Newtown Playground
  • Window Unit Cooling System
  • 1 Car Garage

About This Home

As of May 2023

Location! Location! Tenants occupied! In The Heart Of Elmhurst Behind Queens Center Mall This Solid Brick Two Family Home Totaling 3306 Sq Ft, Is A Great Investment Opportunity! Four Level Home Features 7 Bedrooms, 5 Bathrooms, A Finished Basement, Family Room And Boiler Room, 1st Floor 1 Bedroom, 1 Bathroom And A Family Room, The 2nd And 3rd Floors Each Have 3 Bedrooms, 1.5 Bathrooms, LR, DR, Kitchen With Front Balconys. Two Front Private Parking Spaces, Plus A Garage With A Fenced Yard. All Floors Have Separate Entrances. Convenient Location, Walking Distance to E.M.R Train And Multiple Line Buses Including Direct Transportation To Manhattan.

Last Agent to Sell the Property

Fei Guo

Skylux Realty Inc License #10311210012 Listed on: 01/11/2023

Skylux Realty Inc

Co-Listed By

Anna Huang

Skylux Realty Inc License #10301217929

Last Buyer's Agent

Guoyong Zeng

United Real Estate Fortune License #10401325329

United Real Estate Fortune

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,539

Year Built

  • Built in 1970

Lot Details

  • 2,172 Sq Ft Lot
  • Lot Dimensions are 60x44
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Ps 13 Clement C Moore Elementary School
  • Is 77 Middle School
  • William Cullen Bryant High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 30 / 1870
  • Assessor Parcel Number 02907-0113

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,539

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1970
  • New Construction: No
  • Co List Office Mls Id: ONEKWLG01
  • Co List Office Phone: 516-328-8600
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 77

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 60x44
  • Lot Size Sq Ft: 2172
  • Lot Size Units: Acres
  • Parcel Number: 02907-0113
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-05-15

Multi Family

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

Tax Info

  • Tax Annual Amount: 12539
  • Tax Block: 1870
  • Tax Lot: 30
  • Tax Map Number: 02907-0113
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 13 Clement C Moore
  • High School: William Cullen Bryant High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
May 26, 2023
Sold by
Chen Song and Weng Yan Qing
Bought by
Feng Feie and Zeng Guo Zhe
Seller's Agent
Fei Guo
Skylux Realty Inc
Buyer's Agent
Guoyong Zeng
United Real Estate Fortune
List Price
$1,758,000
Sold Price
$1,500,000
Premium/Discount to List
-$258,000
-14.68%
Views
40
Current Estimated Value
$1,607,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,728
Avg. Annual Appreciation
3.81%
Original Mortgage
$720,000
Outstanding Balance
$704,638
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$916,078

Purchase Details

Closed on
Jan 1, 2016
Sold by
Ma Rui Guo and Ma Rui Tan
Bought by
Chen Song and Weng Yan Qing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Cheung Kwan Song and Cheung Steve Song
Bought by
Ma Rui Guo and Ma Rui Tan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Cotumaccio Maria Antonietta
Bought by
Steve Cheung and Steve Song

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,150
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Feng Feie $1,500,000 --
Feng Feie $1,500,000 --
Chen Song $1,170,000 --
Chen Song $1,170,000 --
Ma Rui Guo $920,000 --
Ma Rui Guo $920,000 --
Steve Cheung $810,000 --
Steve Cheung $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Feie $720,000
Closed Feng Feie $720,000
Previous Owner Chen Song $800,000
Previous Owner Ma Rui Guo $11,918
Previous Owner Ma Rui Guo $499,500
Previous Owner Steve Cheung $427,150
Closed Ma Rui Guo $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $1,500,000 -14.7% --
03/14/2023 03/14/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $1,758,000 -- --
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
2024 $13,314 $66,287 $17,362 $48,925
2023 $13,314 $66,287 $16,843 $49,444
2022 $12,539 $107,640 $26,040 $81,600
2021 $12,952 $89,220 $26,040 $63,180
2020 $12,290 $98,040 $26,040 $72,000
2019 $11,555 $88,500 $26,040 $62,460
2018 $11,260 $55,239 $19,349 $35,890
2017 $10,670 $52,344 $19,383 $32,961
2016 $10,253 $52,344 $19,383 $32,961
2015 $5,956 $48,384 $27,149 $21,235
2014 $5,956 $46,033 $28,086 $17,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3452013

OneKey® MLS

APN: 01870-0030