NOT LISTED FOR SALE

Estimated Value: $1,160,000 - $1,428,580

5 Beds
3 Baths
-- Sq Ft
2,200 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $1,130,000

Est. 17% increase in value since last sale

Current estimated payment $8,036/month

40 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Park

About This Home

As of February 2021

Maspeth: Prime location off Eliot Ave! Opportunity knocks with this large brick legal 2 family home. Featuring a 2-bedroom apartment, over a 2-bedroom apartment with a one bedroom walk in! This brick gem is 22ft wide! Offering nice room sizes. Rare private driveway and one car garage, huge private yard perfect for relaxing or BBQing. Perfect for an investor, or great for an end user as well! Close to express bus, shopping, transportation, houses of worship. Updated gas boiler and HW heater.

Last Agent to Sell the Property

David Pastorini

Coldwell Banker Phillips Brokerage Phone: 718-326-3900 License #40PA1042929 Listed on: 09/09/2020

Coldwell Banker Phillips

Last Buyer's Agent

David Pastorini

Coldwell Banker Phillips Brokerage Phone: 718-326-3900 License #40PA1042929 Listed on: 09/09/2020

Coldwell Banker Phillips

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,322

Year Built

  • Built in 1945

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22x100
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 2-Story Property
  • Property is near public transit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 81 / 2842
  • Assessor Parcel Number 02842-0081

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,322

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1945
  • New Construction: No
  • Attribution Contact: 718-326-3900
  • BuildingSize: 22 X 46
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Heating: Natural Gas

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 22x100
  • Lot Size Sq Ft: 2200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02842-0081
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 11322.24
  • Tax Block: 2842
  • Tax Lot: 81
  • Tax Map Number: 02842-0081

MLS Schools

  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Feb 12, 2021
Sold by
Freitas Graziela and Freitas Jose
Bought by
Ye Hong
Seller's Agent
David Pastorini
Coldwell Banker Phillips
Buyer's Agent
David Pastorini
Coldwell Banker Phillips
List Price
$1,149,000
Sold Price
$1,130,000
Premium/Discount to List
-$19,000
-1.65%
Current Estimated Value
$1,323,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,145
Avg. Annual Appreciation
3.43%
Original Mortgage
$550,000
Outstanding Balance
$491,915
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$831,230

Purchase Details

Closed on
Nov 30, 2006
Sold by
Schroeder Margaret and Schroeder William F
Bought by
Freitas Graziela and Freitas Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Ye Hong $1,130,000 --
Freitas Graziela $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Hong $550,000
Previous Owner Freitas Graziela $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $1,130,000 -1.7% --
10/05/2020 10/05/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $1,149,000 -- --
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 $12,162 $64,187 $17,016 $47,171
2024 $12,162 $60,554 $17,508 $43,046
2023 $11,475 $57,130 $14,447 $42,683
2022 $11,056 $69,360 $21,060 $48,300
2021 $11,655 $68,400 $21,060 $47,340
2020 $11,026 $69,120 $21,060 $48,060
2019 $10,263 $68,340 $21,060 $47,280
2018 $9,407 $47,608 $20,836 $26,772
2017 $9,108 $46,152 $17,841 $28,311
2016 $4,303 $46,152 $17,841 $28,311
2015 $2,406 $44,575 $19,273 $25,302
2014 $2,406 $42,052 $21,751 $20,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3250549

OneKey® MLS

APN: 02842-0081