NOT LISTED FOR SALE

9403 40th Rd Elmhurst, NY 11373

Elmhurst Neighborhood

Estimated Value: $1,335,000 - $1,667,000

9 Beds
3.5 Baths
3,660 Sq Ft
$417/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $1,420,000 $388 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,377/month

58 Days on Market

Highlights

  • Contemporary Architecture
  • 3-minute walk to Junction Boulevard
  • Eat-In Kitchen
  • Wood Flooring
  • Detached Garage
  • Hot Water Heating System

About This Home

As of October 2019

When Location meets convenience and affordability!!! This 3 family house has it all!!! Located just 3 short blocks from the #7 Junction Blvd train station and bus stops, near all type of stores, shops, restaurants, bars, etc. Great rental income potential. It features: Great condition, 9 bedrooms, front terrace, full finished basement, driveway, garage and much more. Interest rates are still low making this a good time to own this property. Do not delay call to day for more information!!

Last Agent to Sell the Property

Jose Bentancur

Keller Williams Landmark II License #10301205948 Listed on: 05/06/2019

Keller Williams Landmark II

Last Buyer's Agent

Shuiying Zheng

E Realty International Corp License #10401321966

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,981

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 1 Common Wall

Home Design

  • Triplex
  • Contemporary Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • Detached Garage
  • Shared Driveway

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

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

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 88 / 1589
  • Assessor Parcel Number 01589-0088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,981

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Triplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1920
  • Co List Office Mls Id: KEYKLRW01
  • Co List Office Phone: 347-846-1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 9
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Description: Detached, Shared Driveway

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Parcel Number: 01589-0088
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 7981
  • Tax Block: 1589
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Oct 7, 2019
Sold by
Ramirez Carlos A and Ramirez Liliana
Bought by
Dong Shicheng and Zheng Zi Xing
Seller's Agent
Jose Bentancur
Keller Williams Landmark II
Buyer's Agent
Shuiying Zheng
E Realty International Corp
List Price
$1,498,000
Sold Price
$1,420,000
Premium/Discount to List
-$78,000
-5.21%
Total Days on Market
58
Current Estimated Value
$1,525,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,884
Avg. Annual Appreciation
1.56%
Original Mortgage
$980,000
Outstanding Balance
$871,918
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$678,765
Source: Public Records

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Range of Values:

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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
Dong Shicheng $1,420,000 --
Dong Shicheng $1,420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Shicheng $980,000
Closed Dong Shicheng $980,000
Previous Owner Ramirez Carlos A $216,337
Previous Owner Ramirez Carlos $5,313
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $1,420,000 -- --
10/07/2019 10/07/19 Sold $1,420,000 -1.9% $388 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $1,448,000 -3.3% $396 / Sq Ft
05/06/2019 05/06/19 For Sale $1,498,000 -- $409 / 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
2024 $9,747 $48,528 $14,630 $33,898
2023 $9,196 $45,785 $11,698 $34,087
2022 $9,140 $86,100 $24,420 $61,680
2021 $9,562 $82,500 $24,420 $58,080
2020 $9,073 $81,720 $24,420 $57,300
2019 $8,167 $85,080 $24,420 $60,660
2018 $7,480 $38,154 $12,791 $25,363
2017 $7,478 $38,154 $17,546 $20,608
2016 $7,260 $38,154 $17,546 $20,608
2015 $4,121 $35,722 $18,775 $16,947
2014 $4,121 $33,700 $19,529 $14,171
Source: Public Records

Agents Affiliated with this Home

  • Jose Bentancur

    Seller's Agent in 2019

    Jose Bentancur

    Keller Williams Landmark II

    (917) 279-8694

    1 in this area

    41 Total Sales

    Jose Bentancur
    Section Image

  • S

    Buyer's Agent in 2019

    Shuiying Zheng

    E Realty International Corp

    1 in this area

    2 Total Sales

    Shuiying Zheng
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3126453

OneKey® MLS

APN: 01589-0088

New York Queens County Elmhurst 11373 Elmhurst

9403 40th Rd, Elmhurst, NY

This home is located at 9403 40th Rd, Elmhurst, NY 11373 since 06 May 2019 and is currently estimated at $1,525,884, approximately $416 per square foot. This property was built in 1920. 9403 40th Rd is a home located in Queens County with nearby schools including P.S. 19 Marino Jeantet, Is 61 Leonardo Da Vinci, and Newtown High School.

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