NOT LISTED FOR SALE

Estimated Value: $898,000 - $1,091,000

3 Beds
2 Baths
-- Sq Ft
2,363 Sq Ft Lot

Last Sold May 17, 2022

Last sale price $800,000

Est. 25% increase in value since last sale

Current estimated payment $6,045/month

73 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Heating System Uses Steam
  • Main Floor Bedroom
  • Combination Dining and Living Room
  • 3-minute walk to Frontera Park

About This Home

As of May 2022

Maspeth: Detached legal 2 family frame in prime Maspeth/Middle Village location, perfect for investors or family looking for rental income! First floor features a heated porch, living room, kitchen, 1-bedroom, full bathroom, and access to your own private yard. The second floor features a living room, dining room, kitchen, full bathroom, and 2-bedrooms. Other features include gas heat, full unfinished basement with access to yard, and large private yard. Conveniently located near shopping and transportation, including the local Q67 bus line on 69th Street, as well as the local Q38 bus line and express QM24, QM25, and QM34 bus lines to Manhattan on Eliot Avenue.

Last Agent to Sell the Property

Louis Pastorini

Coldwell Banker Phillips License #30PA0764537 Listed on: 12/21/2021

Coldwell Banker Phillips

Last Buyer's Agent

David Pastorini

Coldwell Banker Phillips License #40PA1042929

Coldwell Banker Phillips

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,407

Year Built

  • Built in 1925

Lot Details

  • 2,363 Sq Ft Lot
  • Lot Dimensions are 25x94.5
  • No Common Walls
  • Back Yard Fenced

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Public Parking
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 58 School Of Heroes Elementary School
  • Is 73 Frank Sansivieri Inter Middle School
  • Grover Cleveland High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Legal Lot and Block 2 / 2831
  • Assessor Parcel Number 02831-0002

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

$5,407

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Levels: Two
  • Building Size: 22x40
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-326-3900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: 1st Floor Bedrm, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inclusions: Dryer, Refrigerator, Second Stove, Wall to Wall Carpet, Washer
  • Total Bedrooms: 3
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Flood Zone Date: 2021-12-22
  • Flood Zone Report: Yes
  • Fencing: Back Yard, Partial

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Public Parking, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 58 School Of Heroes
  • Middle School: Is 73 Frank Sansivieri Inter School
  • High School: Grover Cleveland High School
  • Middle School: Is 73 Frank Sansivieri Inter School

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 25x94.5
  • Lot Size Sq Ft: 2363.00
  • Lot Size Units: Acres
  • Parcel Number: 02831-0002
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-05-17
  • Tax Annual Amount: 5407.20
  • Tax Block: 2831
  • Tax Lot: 2
  • Tax Map Number: 02831-0002

Multi Family

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

MLS Schools

  • Elementary School: Ps 58 School Of Heroes
  • High School: Grover Cleveland High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
May 17, 2022
Sold by
Scheidt Louise
Bought by
Lin Yun Ming
Seller's Agent
Louis Pastorini
Coldwell Banker Phillips
Buyer's Agent
David Pastorini
Coldwell Banker Phillips
List Price
$838,000
Sold Price
$800,000
Premium/Discount to List
-$38,000
-4.53%
Current Estimated Value
$996,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,372
Avg. Annual Appreciation
6.90%
Original Mortgage
$499,900
Outstanding Balance
$476,452
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$519,920
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
Lin Yun Ming $800,000 --
Lin Yun Ming $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Yun Ming $499,900
Closed Lin Yun Ming $499,900
Previous Owner Scheidt Louise $927,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $800,000 -4.5% --
03/04/2022 03/04/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $838,000 -- --
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 $7,513 $38,519 $11,427 $27,092
2024 $7,513 $37,408 $11,309 $26,099
2023 $5,958 $29,665 $9,759 $19,906
2022 $4,248 $54,600 $18,120 $36,480
2021 $5,700 $57,960 $18,120 $39,840
2020 $5,732 $55,920 $18,120 $37,800
2019 $5,471 $55,500 $18,120 $37,380
2018 $5,039 $24,721 $7,443 $17,278
2017 $4,820 $23,644 $9,768 $13,876
2016 $4,512 $23,644 $9,768 $13,876
2015 $2,690 $22,567 $12,939 $9,628
2014 $2,690 $21,795 $14,824 $6,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3365935

OneKey® MLS

APN: 02831-0002