NOT LISTED FOR SALE

Estimated Value: $849,000 - $939,000

5 Beds
3 Baths
-- Sq Ft
2,017 Sq Ft Lot

Last Sold August 10, 2022

Last sale price $767,000

Est. 16% increase in value since last sale

Current estimated payment $5,198/month

36 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Combination Dining and Living Room
  • I.S. 119 the Glendale Rated A-
  • Park
  • 4-minute walk to Pinocchio Playground

About This Home

As of August 2022

Glendale: Fantastic opportunity to own a legal 2 family frame home in Glendale or for a 1031 exchange! Features a spacious 3-bedroom apartment over a 2-bedroom apartment. Entertain guests in your private, fenced-in yard. Close to shopping and restaurants on Myrtle Avenue, Finback Brewery, The Shops at Atlas Park, and local Q55 bus line and QM24 and QM34 express bus lines to Manhattan. Vacant at closing. This listing will not last!

Last Agent to Sell the Property

David Pastorini

Coldwell Banker Phillips License #40PA1042929 Listed on: 02/05/2022

Coldwell Banker Phillips

Last Buyer's Agent

Arthur Martinez

EXIT Realty Central License #10301221915

EXIT Realty Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,579

Year Built

  • Built in 1910

Lot Details

  • 2,017 Sq Ft Lot
  • Lot Dimensions are 20x100.83
  • Two or More 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

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Public Parking
  • On-Street Parking
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Is 119 Glendale Elementary And Middle School
  • Queens Metropolitan 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 37 / 3691
  • Assessor Parcel Number 03691-0037

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

$5,579

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Levels: Two
  • Building Size: 20x45
  • Year Built: 1910
  • 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: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Bilco Door(s), Full, Unfinished
  • Inclusions: Dryer, Refrigerator, Second Stove, Second Washer
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Flood Zone Date: 2022-02-02
  • Flood Zone Report: Yes
  • Fencing: Back Yard, Fenced, Partial

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Separate Hotwater Heater Detail: Y
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 119 Glendale (The)

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 20x100.83
  • Lot Size Sq Ft: 2017.00
  • Lot Size Units: Acres
  • Parcel Number: 03691-0037
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-02-24
  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-10
  • Tax Annual Amount: 5578.88
  • Tax Block: 3691
  • Tax Lot: 37
  • Tax Map Number: 03691-0037

Multi Family

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

MLS Schools

  • Elementary School: Is 119 Glendale (The)
  • High School: Queens Metropolitan High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Aug 10, 2022
Sold by
Pedersen Scott and Pedersen Suzanne
Bought by
Lozada Moreno Zenon and Ramos Cutberto Dario
Seller's Agent
David Pastorini
Coldwell Banker Phillips
Buyer's Agent
Arthur Martinez
EXIT Realty Central
List Price
$749,000
Sold Price
$767,000
Premium/Discount to List
$18,000
2.4%
Current Estimated Value
$889,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,482
Avg. Annual Appreciation
4.41%
Original Mortgage
$616,000
Outstanding Balance
$587,930
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,552

Purchase Details

Closed on
Dec 7, 2015
Sold by
Estate Of Lois Burns
Bought by
Pedersen Scott and Pedersen Suzanne
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
Lozada Moreno Zenon $770,000 --
Pedersen Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozada Moreno Zenon $616,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $767,000 +2.4% --
03/14/2022 03/14/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $749,000 -2.3% --
02/24/2022 02/24/22 Off Market $767,000 -- --
02/05/2022 02/05/22 For Sale $749,000 -- --
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 $6,563 $33,535 $10,501 $23,034
2024 $6,563 $32,674 $9,624 $23,050
2023 $6,217 $30,954 $8,606 $22,348
2022 $5,837 $48,060 $14,880 $33,180
2021 $5,881 $48,060 $14,880 $33,180
2020 $5,915 $41,340 $14,880 $26,460
2019 $5,696 $42,420 $14,880 $27,540
2018 $5,258 $25,795 $9,113 $16,682
2017 $4,967 $24,364 $9,197 $15,167
2016 $4,346 $24,364 $9,197 $15,167
2015 $2,552 $23,288 $11,456 $11,832
2014 $2,552 $22,690 $11,063 $11,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3373192

OneKey® MLS

APN: 03691-0037