NOT LISTED FOR SALE

7429 45th Ave Elmhurst, NY 11373

Elmhurst Neighborhood

Estimated Value: $1,504,000 - $1,726,000

7 Beds
7 Baths
3,218 Sq Ft
$506/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $1,595,000 $496 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,407/month

69 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • P.S. 12 James B Colgate Rated A-
  • South Facing Home

About This Home

As of June 2023

Oversize Semi Detached BRICK Legal 2 family SOUTH facing in the heart of Elmhurst . Large 30x46 Building Sized & 50x116 IRR Property ! EXCELLENT location, 10 min walk to subway, access to express 7,E,F,R,M 20 min to midtown, easy highway access, walking distance to supermarket , restaurant, school. Great Investment Opportunity, Whole House Can Be Vacant At Closing !!

Last Agent to Sell the Property

David Tair

RE/MAX 1st Choice License #10491207120 Listed on: 09/15/2022

RE/MAX 1st Choice

Last Buyer's Agent

Yan Lin

RE/MAX 1st Choice License #10301218694

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,850

Year Built

  • Built in 1970

Lot Details

  • 4,100 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home

Parking

  • Private Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,218 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • Ps 12 James B Colgate Elementary School
  • Is 5 Walter Crowley Intermediate
  • Newtown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 46 / 1521
  • Assessor Parcel Number 01521-0046

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,850

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: Fair
  • Levels: Three Or More
  • Year Built: 1970
  • New Construction: No
  • BuildingSize: 30x46
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 7
  • Living Area: 3218
  • SquareFootage: 3218.00
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 5 Walter Crowley Intermediate

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 50x116 IRR
  • Lot Size Sq Ft: 4100
  • Lot Size Units: Acres
  • Parcel Number: 01521-0046
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 12850
  • Tax Block: 1521
  • Tax Lot: 46
  • Tax Map Number: 01521-0046

MLS Schools

  • Elementary School: Ps 12 James B Colgate
  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Zheng Dongjian
Bought by
Chen Shi Fen and Zheng Dongjian
Current Estimated Value
$1,679,535

Purchase Details

Listed on
Sep 15, 2022
Closed on
Jun 28, 2023
Sold by
Estate Of Brian Yuan Van Tong and Wai Ngai Tong As Executor
Bought by
Zheng Dongjian
Seller's Agent
David Tair
RE/MAX 1st Choice
Buyer's Agent
Yan Lin
RE/MAX 1st Choice
List Price
$1,700,000
Sold Price
$1,595,000
Premium/Discount to List
-$105,000
-6.18%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$797,500
Outstanding Balance
$779,712
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$918,853
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
Chen Shi Fen -- --
Zheng Dongjian $1,595,000 --
Zheng Dongjian $1,595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Dongjian $797,500
Closed Zheng Dongjian $797,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $1,595,000 -6.2% $496 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $1,700,000 -- $528 / 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 $14,536 $76,714 $21,951 $54,763
2024 $14,536 $72,372 $20,547 $51,825
2023 $13,714 $68,278 $20,210 $48,068
2022 $6,528 $94,920 $28,380 $66,540
2021 $6,834 $88,740 $28,380 $60,360
2020 $6,470 $92,460 $28,380 $64,080
2019 $6,015 $100,080 $28,380 $71,700
2018 $5,502 $56,898 $14,618 $42,280
2017 $11,299 $56,898 $17,208 $39,690
2016 $10,979 $56,898 $17,208 $39,690
2015 $6,254 $53,274 $24,325 $28,949
2014 $6,254 $50,259 $24,707 $25,552
Source: Public Records

Agents Affiliated with this Home

  • David Tair

    Seller's Agent in 2023

    David Tair

    RE/MAX

    (917) 406-6026

    8 in this area

    311 Total Sales

    Section Image
  • Yan Lin

    Buyer's Agent in 2023

    Yan Lin

    RE/MAX

    (646) 291-7830

    2 in this area

    51 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3430382

OneKey® MLS

APN: 01521-0046

New York Queens County Elmhurst 11373 Elmhurst

7429 45th Ave, Elmhurst, NY

This home is located at 7429 45th Ave, Elmhurst, NY 11373 since 15 September 2022 and is currently estimated at $1,628,388, approximately $506 per square foot. This property was built in 1970. 7429 45th Ave is a home located in Queens County with nearby schools including P.S. 12 James B Colgate, Is 5 The Walter Crowley Intermediate School, and Newtown High School.

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