NOT LISTED FOR SALE

70-16 53rd Rd Flushing, NY 11378

Maspeth Neighborhood

Estimated Value: $881,000 - $1,166,000

5 Beds
2 Baths
1,476 Sq Ft
$679/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $930,000 $630 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,889/month

34 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2022

Legal 2 Family Detached House In The Heart Of Maspeth, Private Driveway With 2 Parking Garages In The Rear Of The House. Close To Schools (Ps 58 And Is 73), Shops And Transportation (Q58, Q59). Excellent Self-Use or Investment Opportunity., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Last Agent to Sell the Property

Xin Zhang

Landmark International R E LLC License #10401332491 Listed on: 03/04/2022

Last Buyer's Agent

Rong L

Landmark International R E LLC License #10401280826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1920

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 26x100
  • No Common Walls

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

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
  • Forced Air Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / 2505
  • Assessor Parcel Number 02505-0024

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,008

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Very good
  • Building Size: 18x35
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-898-8300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2022-03-08
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Forced Air
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Sewer
  • Water Source: Public

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: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 26x100
  • Lot Size Sq Ft: 2600.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02505-0024
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-07-25
  • Tax Annual Amount: 6008.00
  • Tax Block: 2505
  • Tax Lot: 24
  • Tax Map Number: 02505-0024

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
Mar 4, 2022
Closed on
Jul 25, 2022
Sold by
Li Sishi
Bought by
Zheng Shujian
Seller's Agent
Xin Zhang
Landmark International R E LLC
Buyer's Agent
Rong L
Landmark International R E LLC
List Price
$1,088,000
Sold Price
$930,000
Premium/Discount to List
-$158,000
-14.52%
Current Estimated Value
$1,002,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,351
Avg. Annual Appreciation
2.33%
Original Mortgage
$480,000
Outstanding Balance
$458,985
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,366

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jan 2, 2020
Sold by
Pavlecka Diane and Pavlecka Thomas J
Bought by
Li Sishi
Seller's Agent
Tao K. Zhang
N & H Realty Group Inc
Buyer's Agent
Xin Zhang
Landmark International R E LLC
List Price
$899,000
Sold Price
$760,000
Premium/Discount to List
-$139,000
-15.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zheng Shujian $930,000 --
Li Sishi $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Shujian $480,000
Previous Owner Li Sishi $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2024 12/10/24 Off Market $760,000 -- --
07/25/2022 07/25/22 Sold $930,000 -11.3% $630 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/13/2022 03/13/22 Price Changed $1,049,000 -3.6% $711 / Sq Ft
03/04/2022 03/04/22 For Sale $1,088,000 +43.2% $737 / Sq Ft
01/02/2020 01/02/20 Sold $760,000 -14.4% $515 / Sq Ft View Prior Sale
08/15/2019 08/15/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $888,000 -1.2% $602 / Sq Ft
04/08/2019 04/08/19 For Sale $899,000 -- $609 / Sq Ft
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 $7,081 $36,116 $7,501 $28,615
2024 $7,081 $35,254 $7,977 $27,277
2023 $6,735 $33,534 $7,848 $25,686
2022 $6,351 $50,760 $12,300 $38,460
2021 $6,334 $53,520 $12,300 $41,220
2020 $6,371 $49,200 $12,300 $36,900
2019 $5,853 $49,680 $12,300 $37,380
2018 $5,399 $27,945 $8,759 $19,186
2017 $5,105 $26,512 $7,753 $18,759
2016 $4,704 $26,512 $7,753 $18,759
2015 $2,797 $25,081 $9,106 $15,975
2014 $2,797 $24,482 $10,673 $13,809
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2022

    Xin Zhang

    Landmark International R E LLC

    Section Image

  • R

    Buyer's Agent in 2022

    Rong L

    Landmark International R E LLC

    (347) 575-6387

    11 in this area

    39 Total Sales

    Rong L
    Section Image
  • Tao K. Zhang

    Seller's Agent in 2020

    Tao K. Zhang

    N & H Realty Group Inc

    (631) 765-5888

    19 in this area

    95 Total Sales

    Tao K. Zhang
    Section Image
  • Nan Zhang

    Seller Co-Listing Agent in 2020

    Nan Zhang

    N & H Realty Group Inc

    (718) 902-8992

    25 in this area

    117 Total Sales

    Nan Zhang
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3380623

OneKey® MLS

APN: 02505-0024

New York Queens County Flushing 11378 Maspeth

70-16 53rd Rd, Flushing, NY

This home is located at 70-16 53rd Rd, Flushing, NY 11378 since 04 March 2022 and is currently estimated at $1,002,351, approximately $679 per square foot. This property was built in 1920. 70-16 53rd Rd is a home located in Queens County with nearby schools including Ps 58 School Of Heroes, IS 73 - The Frank Sansivieri School, and Grover Cleveland High School.

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