NOT LISTED FOR SALE

87-10 55th Ave Flushing, NY 11373

Elmhurst Neighborhood

Estimated Value: $1,259,352 - $1,656,000

4 Beds
2 Baths
2,320 Sq Ft
$641/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $1,300,000 $560 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,804/month

38 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Grand Avenue-Newtown
  • Eat-In Kitchen
  • Wood Flooring

About This Home

As of January 2019

Formula: 2 Family Brick/ Stucco + Full Basement Ose + Location = Makes Sense!!, Additional information: Interior Features:Lr/Dr,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Yau Lung Chan

Keller Williams Realty Greater Brokerage Phone: 516-873-7100 License #10491205897 Listed on: 10/29/2018

Keller Williams Realty Greater

Last Buyer's Agent

Yau Lung Chan

Keller Williams Realty Greater Brokerage Phone: 516-873-7100 License #10491205897 Listed on: 10/29/2018

Keller Williams Realty Greater

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,545

Year Built

  • Built in 1940

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 25x95

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

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 1 / 2853
  • Assessor Parcel Number 02853-0001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,545

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1940
  • Attribution Contact: 516-873-7100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

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

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 25X95
  • Lot Size Sq Ft: 2375
  • Parcel Number: 02853-0001
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R5

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 8545
  • Tax Block: 2853
  • Tax Lot: 1

MLS Schools

  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Jan 17, 2019
Sold by
Estates Of Bertha Borda
Bought by
Lai Xiushan
Seller's Agent
Yau Lung Chan
Keller Williams Realty Greater
Buyer's Agent
Yau Lung Chan
Keller Williams Realty Greater
List Price
$1,280,000
Sold Price
$1,300,000
Premium/Discount to List
$20,000
1.56%
Current Estimated Value
$1,487,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,588
Avg. Annual Appreciation
2.03%
Original Mortgage
$850,000
Outstanding Balance
$747,323
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$740,265
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lai Xiushan $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Xiushan $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $1,300,000 -- --
01/17/2019 01/17/19 Sold $1,300,000 +1.6% $560 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $1,280,000 -- $552 / 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 $10,635 $53,945 $13,579 $40,366
2024 $10,635 $52,950 $15,174 $37,776
2023 $10,104 $50,304 $12,808 $37,496
2022 $9,527 $72,300 $19,860 $52,440
2021 $9,501 $67,260 $19,860 $47,400
2020 $9,515 $67,680 $19,860 $47,820
2019 $9,231 $65,340 $19,860 $45,480
2018 $8,248 $41,920 $12,931 $28,989
2017 $7,807 $39,770 $13,959 $25,811
2016 $7,211 $39,770 $13,959 $25,811
2015 $4,305 $37,462 $17,297 $20,165
2014 $4,305 $36,771 $20,379 $16,392
Source: Public Records

Agents Affiliated with this Home

  • Yau Lung Chan

    Seller's Agent in 2019

    Yau Lung Chan

    Keller Williams Realty Greater

    (917) 992-9228

    39 Total Sales

    Yau Lung Chan
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Map

Source: OneKey® MLS

MLS Number: L3077032

OneKey® MLS

APN: 02853-0001

New York Queens County Flushing 11373 Elmhurst

87-10 55th Ave, Flushing, NY

This home is located at 87-10 55th Ave, Flushing, NY 11373 since 29 October 2018 and is currently estimated at $1,487,588, approximately $641 per square foot. This property was built in 1940. 87-10 55th Ave 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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