NOT LISTED FOR SALE

Estimated Value: $1,430,000 - $1,563,000

5 Beds
2 Baths
2,600 Sq Ft
$576/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $1,370,000 $527 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,865/month

55 Days on Market

Highlights

  • Active Adult
  • Contemporary Architecture
  • Wood Flooring
  • City View
  • Property is near public transit
  • 4-minute walk to Walter Crowley Playground

About This Home

As of May 2022

South Elmhurst Two family brick semi detached featuring two 2 bedroom apartments with a walk-in apartment. Huge backyard private driveway and one car garage. Close to Subway , house of worship, shopping etc., Additional information: Appearance:Excellent,Separate Hotwater Heater:yes

Last Agent to Sell the Property

Richard Gambino

Coldwell Banker American Homes Brokerage Phone: 718-206-1340 License #30GA0817217 Listed on: 11/30/2021

Coldwell Banker American Homes

Last Buyer's Agent

Richard Gambino

Coldwell Banker American Homes Brokerage Phone: 718-206-1340 License #30GA0817217 Listed on: 11/30/2021

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 1955 | Remodeled in 1980

Lot Details

  • 2,000 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Wood Flooring
  • City Views
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 153 Maspeth Elementary School
  • Is 5 Walter Crowley Intermediate
  • Maspeth High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • Active Adult
  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,000

Year Built

Built in 1955 | Remodeled in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Levels: Three Or More
  • Year Built: 1955
  • Year Built Effective: 1980
  • Attribution Contact: 718-206-1340
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1980

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Walk-In Closet(s)
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Walk-Out Access
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • View: City

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached, Private

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: None

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: Yes
  • Association: No

Schools

  • Middle School: Is 5 Walter Crowley Intermediate

Lot Info

  • Lot Dimensions: 20 by 100
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R6B

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 11000

MLS Schools

  • Elementary School: Ps 153 Maspeth Elementary
  • High School: Maspeth High School
  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
May 10, 2022
Sold by
Andreadakis Antonis and Andreadakis Stella
Bought by
Chen Bin and Chin Qin Mei
Seller's Agent
Richard Gambino
Coldwell Banker American Homes
Buyer's Agent
Richard Gambino
Coldwell Banker American Homes
List Price
$1,550,000
Sold Price
$1,370,000
Premium/Discount to List
-$180,000
-11.61%
Current Estimated Value
$1,496,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,870
Avg. Annual Appreciation
2.73%
Original Mortgage
$870,000
Outstanding Balance
$828,983
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$671,552
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 Bin $1,370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Bin $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $1,370,000 -2.1% $527 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
12/29/2021 12/29/21 Price Changed $1,400,000 -9.7% $538 / Sq Ft
11/30/2021 11/30/21 For Sale $1,550,000 -- $596 / 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 $11,515 $60,768 $14,622 $46,146
2024 $11,515 $57,329 $14,118 $43,211
2023 $10,933 $54,436 $13,311 $41,125
2022 $10,253 $84,720 $20,760 $63,960
2021 $10,808 $74,100 $20,760 $53,340
2020 $10,719 $72,960 $20,760 $52,200
2019 $9,994 $71,880 $20,760 $51,120
2018 $9,247 $45,363 $12,897 $32,466
2017 $8,724 $42,798 $15,203 $27,595
2016 $8,556 $42,798 $15,203 $27,595
2015 $4,870 $42,200 $19,177 $23,023
2014 $4,870 $39,812 $20,856 $18,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3362281

OneKey® MLS

APN: 02896-0121