NOT LISTED FOR SALE

Estimated Value: $1,297,000 - $1,554,000

6 Beds
4 Baths
-- Sq Ft
2,115 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $1,296,000

Est. 8% increase in value since last sale

Current estimated payment $8,711/month

35 Days on Market

Highlights

  • Contemporary Architecture
  • Park
  • 4-minute walk to Newtown Playground
  • Property is near public transit
  • Baseboard Heating

About This Home

As of July 2022

Young brick 2 family in the heart of Elmhurst. Close to everything.

Last Listed By

Xin Xiong Liu

E Realty International Corp License #10401323350 Listed on: 02/25/2022

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,989

Year Built

  • Built in 2005

Lot Details

  • 2,115 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 13 Clement C Moore Elementary School
  • Is 73 Frank Sansivieri Inter Middle School
  • Newtown High School

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

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

$9,989

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Building Size: 25*32
  • Year Built: 2005
  • New Construction: No
  • Attribution Contact: 718-886-8110
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-02-28
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 13 Clement C Moore
  • 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: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 40*50.07
  • Lot Size Sq Ft: 2115.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-07-22
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 9989.00

Multi Family

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

MLS Schools

  • Elementary School: Ps 13 Clement C Moore
  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Jul 22, 2022
Sold by
Lam Fong and Lin Juan Mei
Bought by
He Wei and Lin Zengyan
Seller's Agent
Xin Xiong Liu
E Realty International Corp
Buyer's Agent
Xin Xiong Liu
E Realty International Corp
List Price
$1,550,000
Sold Price
$1,296,000
Premium/Discount to List
-$254,000
-16.39%
Total Days on Market
35
Current Estimated Value
$1,399,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,976
Avg. Annual Appreciation
-0.36%
Original Mortgage
$777,600
Outstanding Balance
$750,296
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$532,584

Purchase Details

Closed on
Apr 10, 2020
Sold by
Fong & Juan Llc
Bought by
Lam Fong and Lin Juan Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Lam Fong and Lin Juan Mei
Bought by
Fong & Juan Llc

Purchase Details

Closed on
Apr 14, 2011
Sold by
Jin 98 Inc
Bought by
Lam Fong and Lin Juan Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2010
Sold by
Falco Lorraine
Bought by
Jin 98 Inc

Purchase Details

Closed on
Feb 27, 2007
Sold by
Lin Chao Hui and Wang Ming Yuan
Bought by
Kusyanto Imelda V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.4%

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
He Wei $1,296,000 --
Lam Fong -- --
Fong & Juan Llc -- --
Fong & Juan Llc -- --
Lam Fong $700,000 --
Lam Fong $700,000 --
Jin 98 Inc $400,000 --
Jin 98 Inc $400,000 --
Kusyanto Imelda V $830,000 --
Kusyanto Imelda $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Wei $777,600
Closed Lam Fong $480,000
Previous Owner Lam Fong $417,000
Previous Owner Kusyanto Imelda $181,000
Previous Owner Kusyanto Imelda $649,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $1,296,000 -13.3% --
04/01/2022 04/01/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $1,495,000 -3.5% --
02/25/2022 02/25/22 For Sale $1,550,000 -- --
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
2024 $11,387 $56,693 $15,798 $40,895
2023 $10,742 $53,484 $13,585 $39,899
2022 $10,073 $69,780 $19,980 $49,800
2021 $10,531 $63,600 $19,980 $43,620
2020 $10,313 $69,900 $19,980 $49,920
2019 $9,883 $70,260 $19,980 $50,280
2018 $9,086 $44,570 $14,452 $30,118
2017 $8,571 $42,048 $18,694 $23,354
2016 $8,336 $42,048 $18,694 $23,354
2015 $3,357 $40,603 $20,192 $20,411
2014 $3,357 $39,370 $19,605 $19,765
Source: Public Records

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Source: OneKey® MLS

MLS Number: KEY3378829

OneKey® MLS

APN: 01853-0054