NOT LISTED FOR SALE

Estimated Value: $1,122,000 - $1,282,000

4 Beds
3 Baths
4,184 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $995,000 $238 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,044/month

44 Days on Market

Highlights

  • 0.1 Acre Lot
  • Property is near public transit
  • Wood Flooring
  • Colonial Architecture
  • Private Lot
  • 3-minute walk to Gorman Playground

About This Home

As of October 2022

East Elmhurst/Jackson Height 2-family detached house on 4,190 SF Irregular lot R4 Zoning. A Private Driveway for many cars parking. Features 4 bedrooms, 3 full bathrooms plus full basement. Just Minutes to Northern Blvd with supermarkets, restaurants, coffee houses, bakeries, banks, LGA airport and more. Near Gorman Playground and bus stops: Q-33 (82nd St 7 train, 74th St transit hub), Q-66 (Long Island City/Flushing). House Need Some Tender Loving Care, take your renovation idea to make it your next home or another great investment!

Last Agent to Sell the Property

King Hong Chin

Keller Williams Rlty Landmark License #30CH1025962 Listed on: 06/28/2022

Keller Williams Rlty Landmark

Last Buyer's Agent

King Hong Chin

Keller Williams Rlty Landmark License #30CH1025962 Listed on: 06/28/2022

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 1925

Lot Details

  • 4,190 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Private Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Den
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Is 125 Thomas J Mccann Woodside Middle School
  • Newtown High School

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 40 / 1381
  • Assessor Parcel Number 01381-0040

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

$8,154

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Building Size: 22 X 35
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 718-475-2700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Den/Family Room, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Frame, Aluminum Siding
  • Flood Zone Date: 2022-06-29
  • Flood Zone Report: Yes
  • Fencing: Back Yard
  • Exterior Features: Private Entrance

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Other
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: Yes
  • 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 125 Thomas J Mccann Woodside

Lot Info

  • Lot Size Acres: 0.1000
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 4190.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit, Private
  • Parcel Number: 01381-0040
  • Zoning Description: R4
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-25
  • Tax Annual Amount: 8154.00
  • Tax Block: 1381
  • Tax Lot: 40
  • Tax Map Number: 01381-0040

Multi Family

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

MLS Schools

  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Oct 25, 2022
Sold by
Cheng Jerry and Cheng Linda
Bought by
Akter Asia
Seller's Agent
King Hong Chin
Keller Williams Rlty Landmark
Buyer's Agent
King Hong Chin
Keller Williams Rlty Landmark
List Price
$999,900
Sold Price
$995,000
Premium/Discount to List
-$4,900
-0.49%
Views
5
Current Estimated Value
$1,201,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,226
Avg. Annual Appreciation
6.06%
Original Mortgage
$597,000
Outstanding Balance
$577,625
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$623,601

Purchase Details

Closed on
Feb 26, 1997
Sold by
Basic Lino and Basic Luciana
Bought by
Cheng Jerry and Cheng Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akter Asia $995,000 --
Cheng Jerry $252,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akter Asia $597,000
Previous Owner Cheng Jerry $201,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $995,000 -0.5% $238 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $999,900 -- $239 / 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 $9,153 $48,263 $9,140 $39,123
2024 $9,153 $45,572 $10,145 $35,427
2023 $8,636 $42,996 $9,529 $33,467
2022 $7,714 $65,460 $14,760 $50,700
2021 $8,596 $62,160 $14,760 $47,400
2020 $8,473 $68,340 $14,760 $53,580
2019 $7,944 $62,820 $14,760 $48,060
2018 $7,304 $35,830 $10,333 $25,497
2017 $6,939 $34,038 $11,090 $22,948
2016 $6,805 $34,038 $11,090 $22,948
2015 $3,653 $33,516 $15,718 $17,798
2014 $3,653 $31,648 $13,264 $18,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3411928

OneKey® MLS

APN: 01381-0040