NOT LISTED FOR SALE

8506 57th Rd Elmhurst, NY 11373

Elmhurst Neighborhood

Estimated Value: $1,382,636 - $1,587,000

7 Beds
2 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold May 28, 2020

Last sale price $1,200,000

Est. 25% increase in value since last sale

Current estimated payment $8,950/month

46 Days on Market

Highlights

  • Contemporary Architecture
  • Attached Garage
  • Heating System Uses Steam
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of May 2020

, Additional information: Appearance:Good,Interior Features:Lr/Dr

Last Agent to Sell the Property

Ling Wang

Winzone Realty Inc License #10401235690 Listed on: 11/18/2019

Winzone Realty Inc

Last Buyer's Agent

Ling Wang

Winzone Realty Inc License #10401235690 Listed on: 11/18/2019

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,987

Year Built

  • Built in 1950

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Parking

  • Attached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 25 / 2883
  • Assessor Parcel Number 02883-0025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,987

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Attached

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20X100
  • Lot Size Sq Ft: 2000
  • Parcel Number: 02883-0025
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 8987
  • Tax Block: 2883
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
May 21, 2020
Sold by
Estate Of Miguel A Ortega and Tanya Lisette Ortega-Oliver As Administ
Bought by
Zheng Group Ii Llc
Seller's Agent
Ling Wang
Winzone Realty Inc
Buyer's Agent
Ling Wang
Winzone Realty Inc
List Price
$1,298,880
Sold Price
$1,200,000
Premium/Discount to List
-$98,880
-7.61%
Current Estimated Value
$1,499,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,409
Avg. Annual Appreciation
4.24%
Original Mortgage
$700,000
Outstanding Balance
$620,297
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$879,112

Purchase Details

Closed on
Oct 17, 2005
Sold by
Ortega Luis A and Ortega Miguel A
Bought by
Ortega Miguel A
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
Zheng Group Ii Llc $1,200,000 --
Zheng Group Ii Llc $1,200,000 --
Ortega Miguel A -- --
Ortega Miguel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Group Ii Llc $700,000
Closed Zheng Group Ii Llc $700,000
Closed Ortega Miguel A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $1,200,000 -- --
05/28/2020 05/28/20 Sold $1,200,000 -7.6% --
01/03/2020 01/03/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $1,298,880 -- --
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 $11,627 $60,982 $15,258 $45,724
2024 $11,627 $57,889 $13,641 $44,248
2023 $9,795 $48,769 $12,349 $36,420
2022 $9,736 $77,100 $18,960 $58,140
2021 $10,159 $72,420 $18,960 $53,460
2020 $9,640 $68,820 $18,960 $49,860
2019 $8,987 $65,220 $18,960 $46,260
2018 $8,285 $40,641 $10,930 $29,711
2017 $8,285 $40,641 $13,185 $27,456
2016 $8,042 $40,641 $13,185 $27,456
2015 $4,624 $37,951 $16,609 $21,342
2014 $4,624 $35,803 $16,778 $19,025
Source: Public Records

Agents Affiliated with this Home

  • Ling Wang

    Seller's Agent in 2020

    Ling Wang

    Winzone Realty Inc

    (646) 329-2881

    11 in this area

    26 Total Sales

    Ling Wang
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Map

Source: OneKey® MLS

MLS Number: L3181259

OneKey® MLS

APN: 02883-0025

New York Queens County Elmhurst 11373 Elmhurst

8506 57th Rd, Elmhurst, NY

This home is located at 8506 57th Rd, Elmhurst, NY 11373 since 18 November 2019 and is currently estimated at $1,499,409. This property was built in 1950. 8506 57th Rd is a home located in Queens County with nearby schools including P.S. 102 Bayview, IS 73 - The Frank Sansivieri School, and Newtown High School.

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