NOT LISTED FOR SALE

Estimated Value: $393,451 - $584,000

1 Bed
1 Bath
-- Sq Ft
$486/mo HOA Fee

Last Sold October 29, 2020

Last sale price $375,000

Est. 22% increase in value since last sale

Current estimated payment $3,142/month

58 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • Intercom
  • P.S. 2 Alfred Zimberg Rated A-
  • Community Garden
  • 5-minute walk to McManus Memorial Park

About This Home

As of October 2020

Welcome to this rare condo purchasing opportunity in the Garden Bay Manor condominium complex. This convertible 2 bedroom apartment for sale is one of only seven apartments in the entire multi-block complex with private outdoor space! Currently unit A2 is the only sale on the market with a private terrace.

This 2nd floor walkup condo features off-white colored tile flooring and recessed dimming lighting in the living room upon entry. The first bedroom/home office, accessed by french doors, is finished with hardwood floors. The separate windowed kitchen has ample counter top space with a microwave, dishwasher and a bar stool area for quick breakfasts. There is a laundry stack right next to the windowed bathroom adjacent to the master bedroom that sits on the cornerstone of the building with a private terrace! The master bedroom and terrace both get southern and eastern exposure, while the rest of the unit gets eastern exposure.

Garden Bay Manor is a boutique managed condo that spans over several square blocks in the well known "Upper-Ditmars" or East Elmhurst/Astoria Heights part of western Queens. The complex is well known for its well manicured landscaping and low common charges and annual real estate taxes. The location has grown in appeal for investors and end users. First time home buyers, who may also be motorists, may find this ownership opportunity interesting.

The apartment is vacant and has recently been painted. Contact us today for more information or to schedule a private showing!

NOTE: The condominium management is running an assessment increasing common charges to $512.05 expiring December 2020.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1939

HOA Fees

  • $486 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 7501 / 1009

Community Details

Overview

  • Garden Bay Manor Condos
  • Astoria Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1939

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Cross Street: Ditmars Boulevard/Astoria Boulevard North
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Astoria
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 486.28
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Building Name: Garden Bay Manor
  • Total Stories: 3
  • Year Built: 1939

Tax Info

  • Tax Block: 1009
  • Tax Lot: 7501
  • Tax Annual: 1884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Oct 29, 2020
Sold by
Haxhitasi Merlin and Haxhitasi Vangjel
Bought by
Ma Joyce May
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$457,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,863
Avg. Annual Appreciation
3.95%
Original Mortgage
$240,000
Outstanding Balance
$212,984
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$244,879

Purchase Details

Closed on
Jul 31, 2003
Sold by
Garden Bay Llc
Bought by
Haxhitasi Merlin and Haxhitasi Vangjel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ma Joyce May $375,000 --
Ma Joyce May $375,000 --
Haxhitasi Merlin $161,320 --
Haxhitasi Merlin $161,320 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Joyce May $240,000
Closed Ma Joyce May $240,000
Previous Owner Haxhitasi Merlin $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $375,000 0.0% --
08/21/2020 08/21/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $375,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $3,169 $25,572 $5,880 $19,692
2024 $2,278 $25,345 $5,880 $19,465
2023 $3,187 $25,492 $5,880 $19,612
2022 $2,197 $25,237 $5,880 $19,357
2021 $2,040 $23,125 $5,880 $17,245
2020 $1,891 $26,413 $5,880 $20,533
2019 $1,780 $27,576 $5,880 $21,696
2018 $2,235 $19,898 $5,880 $14,018
2017 $2,172 $18,799 $5,881 $12,918
2016 $2,014 $18,799 $5,881 $12,918
2015 $1,225 $17,329 $5,880 $11,449
2014 $1,225 $16,716 $5,880 $10,836
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10641397

Real Estate Board of New York (REBNY)

APN: 01009-1074