NOT LISTED FOR SALE

85-33 111th St Richmond Hill, NY 11418

Richmond Hill Neighborhood

Estimated Value: $1,154,000 - $1,445,000

8 Beds
3 Baths
3,496 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $1,199,000 $343 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,448/month

30 Days on Market

Highlights

  • Colonial Architecture
  • 5-minute walk to 111 Street (J Line)
  • Wood Flooring
  • P.S. 51 Rated A-
  • Property is near public transit
  • Balcony

About This Home

As of October 2022

Great Investment Opportunity! Legal 2-Family Detached Colonial Situated On A 40X100 Lot With A Rear 2-Car Detached Garage And A 3-Car Private Driveway. 1st Floor Features A Living Room, Formal Dining Room, Kitchen, 3 Bedrooms And A Full Bath. 2nd Floor Features A Living Room With Balcony, Formal Dining Room, Kitchen, 3 Bedrooms And A Full Bath. 3rd Story Full-Finished Attic With Legal Full Bath, In Conjunction With Second Floor Apt. Full Finished Basement W/Outside Entrance. Separate Electric Meters. In Close Proximity To Transportation, Restaurants, Shopping, Forest Park And More! BEING SOLD WITH TENANTS. Sold As Is.

Last Agent to Sell the Property

Oscar Cervone

Douglas Elliman Real Estate License #40CE0921253 Listed on: 05/17/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Oscar Cervone

Douglas Elliman Real Estate License #40CE0921253 Listed on: 05/17/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,311

Year Built

  • Built in 1915

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,496 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit

Schools

  • Ps 56 Harry Eichler Elementary School
  • JHS 210 Elizabeth Blackwell Middle School
  • Richmond Hill High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 60 / 9218
  • Assessor Parcel Number 09218-0060

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,311

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1915
  • New Construction: No
  • Attribution Contact: 516-623-4500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 3496.00
  • Kitchens: 2
  • Square Footage: 3496.00

Exterior Features

  • Construction Materials: Block, Stucco
  • Flood Zone Date: 2022-05-18
  • Flood Zone Report: Yes
  • Exterior Features: Balcony
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 2 Car Detached, Common

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 56 Harry Eichler
  • Middle School: Jhs 210 Elizabeth Blackwell
  • High School: Richmond Hill High School
  • Middle School: Jhs 210 Elizabeth Blackwell

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 09218-0060
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-10-14
  • Tax Annual Amount: 11311.00
  • Tax Block: 9218
  • Tax Lot: 60
  • Tax Map Number: 09218-0060

Multi Family

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

MLS Schools

  • Elementary School: Ps 56 Harry Eichler
  • High School: Richmond Hill High School
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Oct 14, 2022
Sold by
Arias Maria and Ramos Juan A
Bought by
Roque Hipolito W and Roque Walter M
Seller's Agent
Oscar Cervone
Douglas Elliman Real Estate
Buyer's Agent
Oscar Cervone
Douglas Elliman Real Estate
List Price
$1,199,000
Sold Price
$1,199,000
Views
1
Current Estimated Value
$1,360,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,269
Avg. Annual Appreciation
4.81%
Original Mortgage
$399,000
Outstanding Balance
$384,982
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$983,928

Purchase Details

Closed on
Dec 11, 2003
Sold by
Nieves Eunice and Nieves Israel
Bought by
Arias Maria and Ramos Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 1996
Sold by
Inzerillo Antonino and Inzerillo Santa
Bought by
Ramos Juan A and Nieves Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
Roque Hipolito W $1,199,000 --
Arias Maria $143,000 --
Ramos Juan A $310,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roque Hipolito W $399,000
Previous Owner Arias Maria $484,500
Previous Owner Ramos Juan A $292,153
Previous Owner Ramos Juan A $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,199,000 0.0% $343 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $1,199,000 -- $343 / 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 $12,004 $63,310 $19,015 $44,295
2024 $12,004 $59,764 $18,973 $40,791
2023 $11,399 $56,753 $16,852 $39,901
2022 $10,729 $69,300 $20,400 $48,900
2021 $11,311 $71,760 $20,400 $51,360
2020 $11,167 $67,680 $20,400 $47,280
2019 $10,418 $65,700 $20,400 $45,300
2018 $9,641 $47,294 $13,838 $33,456
2017 $9,130 $44,788 $16,165 $28,623
2016 $8,954 $44,788 $16,165 $28,623
2015 $5,096 $43,965 $22,580 $21,385
2014 $5,096 $41,503 $21,315 $20,188
Source: Public Records

Agents Affiliated with this Home

  • Oscar Cervone

    Seller's Agent in 2022

    Oscar Cervone

    Douglas Elliman Real Estate

    (516) 993-3696

    1 in this area

    25 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY3400144

OneKey® MLS

APN: 09218-0060

New York Queens County Richmond Hill 11418 Richmond Hill

85-33 111th St, Richmond Hill, NY

This home is located at 85-33 111th St, Richmond Hill, NY 11418 since 17 May 2022 and is currently estimated at $1,304,060, approximately $373 per square foot. This property was built in 1915. 85-33 111th St is a home located in Queens County with nearby schools including P.S. 51, P.S. 56 - Harry Eichler, and M.S.137 America's School of Heroes.

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