NOT LISTED FOR SALE

Estimated Value: $996,545 - $1,221,000

6 Beds
2.5 Baths
1,840 Sq Ft
$623/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $1,100,000 $598 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,852/month

17 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Grand Avenue-Newtown
  • Combination Dining and Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Hot Water Heating System

About This Home

As of August 2022

Excellent location in Heart of Elmhurst. Recently renovated the kitchen and floor. Near School, Shopping mall , restaurant, subway, buses and easy access to highway 20 minutes to Manhattan.

Last Agent to Sell the Property

Jonathan Wong

Block & Lot Services Inc License #10311210224 Listed on: 06/10/2022

Last Buyer's Agent

Jing Chen

KEYSENT Realty Corp License #10401355517

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 1920

Lot Details

  • 1,843 Sq Ft Lot
  • Lot Dimensions are 20x92.17
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Schools

  • Ps 102 Bayview Elementary School
  • Is 73 Frank Sansivieri Inter Middle School
  • Newtown High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Exclusions: A/C Units,Dryer,Washer
  • Tenant pays for electricity
  • Legal Lot and Block 26 / 2878
  • Assessor Parcel Number 02878-0026

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,514

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Exclusions: A/C Units,Dryer,Washer
  • Building Size: 20x46
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-762-2288
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 1840.00
  • Kitchens: 2
  • Square Footage: 1840.00

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 102 Bayview
  • Middle School: Is 73 Frank Sansivieri Inter School
  • High School: Newtown High School
  • Middle School: Is 73 Frank Sansivieri Inter School

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Area: 0.0400
  • Lot Dimensions: 20x92.17
  • Lot Size Sq Ft: 1843.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02878-0026
  • Zoning Description: R5
  • Property Attached: Yes

Rental Info

  • Hold End Date: 2022-06-30
  • Hold Start Date: 2022-06-13
  • Lease Considered: No
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-08-24
  • Tax Annual Amount: 6514.00
  • Tax Block: 2878
  • Tax Lot: 26
  • Tax Map Number: 02878-0026

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: Ps 102 Bayview
  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 24, 2022
Sold by
Chen Xiu Yi and Guo Jian Hui
Bought by
Lin Hai and Lin Lili
Seller's Agent
Jonathan Wong
Block & Lot Services Inc
Buyer's Agent
Jing Chen
KEYSENT Realty Corp
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,146,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,636
Avg. Annual Appreciation
1.39%
Original Mortgage
$660,000
Outstanding Balance
$630,134
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$516,502

Purchase Details

Closed on
Nov 3, 2015
Sold by
Lee Terry
Bought by
Chen Xiu Yi and Guo Jian Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.79%
Mortgage Type
New Conventional
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
Lin Hai $1,100,000 --
Chen Xiu Yi $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Hai $660,000
Previous Owner Chen Xiu Yi $200,000
Previous Owner Lee Terry $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $1,100,000 0.0% $598 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/13/2022 06/13/22 Off Market $1,100,000 -- --
06/10/2022 06/10/22 For Sale $1,100,000 -- $598 / 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 $7,254 $37,118 $9,584 $27,534
2024 $7,254 $36,116 $9,394 $26,722
2023 $6,908 $34,396 $9,192 $25,204
2022 $3,095 $64,860 $16,980 $47,880
2021 $3,257 $60,660 $16,980 $43,680
2020 $3,274 $61,860 $16,980 $44,880
2019 $6,296 $58,860 $16,980 $41,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3407172

OneKey® MLS

APN: 02878-0026