NOT LISTED FOR SALE

Estimated Value: $929,847 - $1,192,000

3 Beds
2 Baths
1,460 Sq Ft
$716/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $923,000 $632 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,999/month

189 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Hot Water Heating System
  • Property is near public transit
  • Park

About This Home

As of May 2023

Bright and spacious 2 family house in the heart of Elmhurst with detached garage. The first floor layout features a living room, dining room, kitchen, bath, two bedrooms. 2nd floor features a living room, kitchen, bath, one bedroom. Full finished basement with separate entrance. Terrific rental income potential. Conveniently access to all just minutes to #7 train. Property is situated in R5 Zoning. Great opportunity with a potential buildable square footage of approx 3125 ft. (Please consult with your architects). Suitable For investor/ developer or owner occupant. Must See... Location, Location, Location!

Last Agent to Sell the Property

Xun Lin

New Group Realty Inc License #10401213891 Listed on: 07/27/2022

Co-Listed By

Carmen Sang

New Group Realty Inc License #30SA0984858

Last Buyer's Agent

Xun Lin

New Group Realty Inc License #10401213891 Listed on: 07/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Shared Driveway
  • Parking Lot

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,460 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Is 61 Leonardo Da Vinci Middle School
  • Newtown High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 66 / 1601
  • Assessor Parcel Number 01601-0066

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,892

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1910
  • New Construction: No
  • Co List Office Mls Id: ONEHUZH01
  • Co List Office Phone: 718-255-9100
  • BuildingSize: 20x47/25
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Living Area: 1460
  • SquareFootage: 1460.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 1 Car Detached, Garage, Parking Lot

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01601-0066
  • Zoning Description: R5
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-07-29

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 4892
  • Tax Block: 1601
  • Tax Lot: 66
  • Tax Map Number: 01601-0066

MLS Schools

  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
May 1, 2023
Sold by
Monzon Juan and Monzon Sonia
Bought by
Sweet 25 Realty Llc
Seller's Agent
Xun Lin
New Group Realty Inc
Buyer's Agent
Xun Lin
New Group Realty Inc
List Price
$1,098,000
Sold Price
$923,000
Premium/Discount to List
-$175,000
-15.94%
Views
12
Current Estimated Value
$1,012,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,948
Avg. Annual Appreciation
3.25%
Original Mortgage
$599,000
Outstanding Balance
$583,420
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$409,024

Purchase Details

Closed on
Sep 15, 1998
Sold by
Collado Rosario
Bought by
Monzon Juan and Monzon Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,860
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1995
Sold by
May John Henry and May George John
Bought by
Collado Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Sweet 25 Realty Llc $923,000 --
Monzon Juan $182,500 Fidelity National Title Ins
Collado Rosario $111,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet 25 Realty Llc $599,000
Previous Owner Monzon Juan $180,860
Previous Owner Collado Rosario $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $923,000 -6.6% $632 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $988,000 -1.0% $677 / Sq Ft
10/08/2022 10/08/22 Price Changed $998,000 -4.8% $684 / Sq Ft
08/27/2022 08/27/22 Price Changed $1,048,000 -4.6% $718 / Sq Ft
07/27/2022 07/27/22 For Sale $1,098,000 -- $752 / 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 $5,440 $28,663 $7,984 $20,679
2024 $5,440 $27,086 $7,928 $19,158
2023 $5,181 $25,795 $7,298 $18,497
2022 $4,892 $53,820 $17,280 $36,540
2021 $5,157 $54,240 $17,280 $36,960
2020 $5,056 $49,380 $17,280 $32,100
2019 $4,722 $49,620 $17,280 $32,340
2018 $4,382 $21,496 $10,301 $11,195
2017 $4,163 $20,420 $8,725 $11,695
2016 $4,082 $20,420 $8,725 $11,695
2015 $2,323 $19,905 $14,280 $5,625
2014 $2,323 $18,810 $16,207 $2,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3419159

OneKey® MLS

APN: 01601-0066