NOT LISTED FOR SALE

Estimated Value: $1,290,266 - $1,492,000

4 Beds
2.5 Baths
-- Sq Ft
2,250 Sq Ft Lot

Last Sold October 29, 2019

Last sale price $1,150,000

Est. 20% increase in value since last sale

Current estimated payment $8,041/month

19 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Porch
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • 5-minute walk to Frontera Park

About This Home

As of October 2019

Fabulous opportunity to own a multifamily home in Maspeth! This solid brick home features a large open space w. high ceilings. Nicely updated & well maintained units each offer 2 bedrooms, living room, dining room, kitchen & bathroom. Beautiful hardwood floors highlight the flow of the space. Upstairs apartment benefits from an additional room, great for a home office. Basement is fully finished & offers great recreational space. Large private backyard. Garage & private driveway. Great Location!

Last Agent to Sell the Property

Bart Olszewski

Sold By Bart R E Partners Inc License #10311208520 Listed on: 08/01/2019

Co-Listed By

Michael Marek

Sold By Bart R E Partners Inc License #10311208521

Last Buyer's Agent

Bart Olszewski

Sold By Bart R E Partners Inc License #10311208520 Listed on: 08/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,436

Year Built

  • Built in 1940

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 25'x90'
  • 1 Common Wall

Parking

  • Private Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher
  • Legal Lot and Block 08 / 2503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,436

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Exclusions: Dishwasher
  • Building Size: 20'x58'
  • Year Built: 1940
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Formal Dining Room, Home Office
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dryer, Oven/Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No
  • Patio and Porch Features: Porch
  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Number: 24

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 25'x90'
  • Lot Size Sq Ft: 2250.00
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2019-10-29
  • Tax Annual Amount: 7436.00
  • Tax Block: 2503
  • Tax Lot: 08

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Oct 29, 2019
Sold by
Joseph Costa As Sole Heir At Law And Distribu
Bought by
Lin Guo Rong and Zheng Xuezhen
Seller's Agent
Bart Olszewski
Sold By Bart R E Partners Inc
Buyer's Agent
Bart Olszewski
Sold By Bart R E Partners Inc
List Price
$1,078,000
Sold Price
$1,150,000
Premium/Discount to List
$72,000
6.68%
Current Estimated Value
$1,380,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,317
Avg. Annual Appreciation
2.98%
Original Mortgage
$680,000
Outstanding Balance
$598,225
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$782,092
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Guo Rong $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Guo Rong $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $1,150,000 +6.7% --
08/20/2019 08/20/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $1,078,000 -- --
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 $9,879 $49,559 $5,763 $43,796
2024 $9,879 $49,186 $6,153 $43,033
2023 $9,320 $46,402 $5,515 $40,887
2022 $6,554 $74,220 $9,000 $65,220
2021 $8,691 $69,420 $9,000 $60,420
2020 $11,995 $75,420 $9,000 $66,420
2019 $3,628 $77,400 $9,000 $68,400
2018 $3,282 $38,668 $6,388 $32,280
2017 $3,072 $36,480 $6,781 $29,699
2016 $3,507 $36,480 $6,781 $29,699
2015 $1,637 $34,416 $7,767 $26,649
2014 $1,637 $34,157 $9,040 $25,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3152371

OneKey® MLS

APN: 02503-0008