Comparative Market Analysis for 3134 93rd St. East Elmhurst, NY 11369

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Queens Home Team at Keller Williams Realty 7535 31st Ave Ste 202 East Elmhurst, NY 11370 Comparative Market Analysis Prepared For: Rita Garson Prepared By George & Abigail Herrera [email protected] Mobile: 718-869-0270 Work: (347)846-1200 www.queenshometeam.com

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Transcript of Comparative Market Analysis for 3134 93rd St. East Elmhurst, NY 11369

Queens Home Team at Keller Williams Realty 7535 31st Ave Ste 202 East Elmhurst, NY 11370

Comparative Market Analysis

Prepared For:

Rita Garson

Prepared By

George & Abigail [email protected]: 718-869-0270Work: (347)846-1200www.queenshometeam.com

August 13, 2015

31-34 93rd St., East Elmhurst, NY 11369

Dear Rita Garson:

Thank you for the opportunity to present this Comparative Market Analysis. This carefully prepared report ofcurrent and past market activity compares this property with other similar properties in the area. The analysisenables you to easily compare the features of this property with others and to determine the best pricingstrategy for today's market.

We look forward to working with you in the future. Our firm is committed to providing you with professionaland dedicated service. Please do not hesitate to contact me should you require any further information.

Sincerely,

George & Abigail [email protected]: 718-869-0270Work: (347)846-1200www.queenshometeam.com

Queens Home Team at Keller Williams Realty7535 31st Ave Ste 202East Elmhurst, NY 11370

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Table of Contents

Side-by-Side Property Comparison

Comparable Summary

Map

Market Statistics Report

Days on Market Report

Side-by-Side Proper ty Compar ison

On the Market On the Market On the Market On the Market On the Market

ML#: 2731664 2785263 2763221 2738749 2723561

Address: 25-54 89th St 25-54 89th St 30-22 86th St 31-08 87 St 30-33 92nd St

Town: E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst

Section/Area:

Development:

School Dist: 30 25 30 30 30

Style: Duplex Ranch Colonial Ranch Townhouse

# Fam/Det: 1 Family, Att 1 Family, Att 1 Family, Att 1 Family, Att 1 Family, Att

Rooms: 7 7 6 5 7

Bedrooms: 4 4 3 2 3

MBR 1st Floor: Y Y N N N

Baths: 2.000 2.000 1.500 2.000 1.500

# Kitchens: 1 1 1 1 1

Eat In Kit: N N N N Y

Dining Room: Formal Other Formal Other Formal

Aprox Int Sqft:

Basement: Full None Full Full Full

Fin Basement: Y N P Y Y

# Fireplaces: 0 0 1 0 0

Wood Floors: Y Y Y

Heating: Oil, Hw Gas, Rad Gas, Hw Oil, Steam Gas, Steam

A/C: N N N 2 N

Garage: 1 0

Driveway: N Pty Pty Pvt Pvt

Deck:

Pool: N N N N N

Taxes: $4,562 $4,562 $4,688 $4,451 $3,317

Total Taxes: $4,562 $4,562 $4,688 $4,451 $3,317

Appearance: Excellent Excellent Excellent

Apx Yr Built: 1950 1950 1940 1940 1930

New Construc: N N N N N

Construction: Brick Frame Brick Brick Frame

Lot Size: 21X100 21X100 20X100 20 X 100 16X100

Horse Prop:

Waterfront: N N N N N

Waterview: N N N N N

Cul-de-sac: N N

Adult Comm: N N N N N

REO: N Y N N N

Short Sale: Y N N N N

LSC: NEW NEW NEW NEW NEW

Listing Date: 1/14/2015 7/31/2015 5/14/2015 2/16/2015 11/26/2014

Exp Date: 1/13/2016 10/31/2015 10/15/2015 8/14/2015 11/26/2015

Contract Dte:

Title Date:

Days On Mkt: 211 13 91 178 260

Original LP$: $550,000 $569,900 $620,000 $679,000 $680,000

Listing Price: $550,000 $569,900 $620,000 $679,000 $680,000

Sold Price:

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

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On the Market On the Market Under Contract Under Contract Under Contract

ML#: 2776990 2786169 2709685 2766204 2769023

Address: 30-34 88th St 25-21 86th St 26-39 95th St 30-29 84th St 24-41 83rd St

Town: E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst

Section/Area: E. Elmhurst

Development:

School Dist: 24 30 30 30 30

Style: Other Townhouse Ranch 2 Story Ranch

# Fam/Det: 1 Family, Att 1 Family, Att 1 Family, Att 1 Family, Att 1 Family, Sd

Rooms: 6 6 4 8 5

Bedrooms: 3 3 2 3 2

MBR 1st Floor: N N Y N N

Baths: 1.500 1.500 1.500 1.550 1.000

# Kitchens: 1 1 1 1 1

Eat In Kit: Y Y N N Y

Dining Room: Formal Formal L-Shaped Formal Other

Aprox Int Sqft: 1722 1591

Basement: Full Full Full Full Full

Fin Basement: Y P Y Y

# Fireplaces: 0 0 0 0 0

Wood Floors: Y

Heating: Gas, - Gas, Steam Gas, Hw Gas, Other Gas, Steam

A/C: N N N N N

Garage: 1 1 1 0

Driveway: Pvt Pvt Pvt N Pvt

Deck: Rear

Pool: N N N N N

Taxes: $4,748 $4,952 $3,480 $4,687 $4,629

Total Taxes: $4,748 $4,952 $3,480 $4,687 $4,629

Appearance: Excellent Good

Apx Yr Built: 1930 1945 1935 1935 1940

New Construc: N N N N N

Construction: Brick Brick Brick Brick Brick

Lot Size: 20X100 18X100 21X95 20 X 100 25X100

Horse Prop:

Waterfront: N N N N N

Waterview: N N N N N

Cul-de-sac: N

Adult Comm: N N N N N

REO: N N N N N

Short Sale: N N Y N N

LSC: NEW NEW UC UC UC

Listing Date: 6/30/2015 8/04/2015 9/26/2014 5/25/2015 6/03/2015

Exp Date: 12/30/2015 2/04/2016 9/30/2016 6/25/2015 12/31/2015

Contract Dte: 4/20/2015 6/23/2015 7/15/2015

Title Date:

Days On Mkt: 44 9 206 29 42

Original LP$: $760,000 $860,000 $249,000 $410,000 $479,000

Listing Price: $760,000 $860,000 $249,000 $410,000 $479,000

Sold Price:

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

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Under Contract Under Contract Under Contract Under Contract Under Contract

ML#: 2694765 2732138 2728708 2769035 2755917

Address: 26-51 94th St 25-07 82nd St 83-03 25 Ave 25-05 88th St 30-22 88th Street

Town: E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst

Section/Area: Jackson Heights

Development:

School Dist: 24 30 30 30 30

Style: Colonial Townhouse Other Tudor Tudor

# Fam/Det: 1 Family, Det 1 Family, Att 1 Family, Att 1 Family, Att 1 Family, Det

Rooms: 11 6 4 6 6

Bedrooms: 7 2 2 3 3

MBR 1st Floor: Y Y N N N

Baths: 2.000 2.000 2.000 2.500 2.500

# Kitchens: 1 1 1 1 1

Eat In Kit: Y Y Y Y Y

Dining Room: Formal Formal None Formal Formal

Aprox Int Sqft: 1404 1561 1665 1500

Basement: Full Full Full Full Full

Fin Basement: Y Y Y Y Y

# Fireplaces: 0 0 0 0 1

Wood Floors: Y Y Y Y

Heating: Gas, Steam Gas, Steam Gas, Steam Gas, Steam Gas, Steam

A/C: N Cac N 2 1

Garage: 1 2

Driveway: Pvt Pvt Pvt Pvt Pvt

Deck: Yes Yes Na

Pool: N N N N N

Taxes: $3,770 $4,584 $4,679 $1,738 $5,455

Total Taxes: $3,770 $4,584 $4,679 $1,738 $5,455

Appearance: Excellent Diamond Good Very Good

Apx Yr Built: 1925 1935 1940 1950 1930

New Construc: N N N N N

Construction: Frame Brick Brick Brick Brick

Lot Size: 24X107 100 X 20 22X100 18X100 20X100

Horse Prop: N

Waterfront: N N N N N

Waterview: N N N N N

Cul-de-sac: N

Adult Comm: N N N N N

REO: N N N N N

Short Sale: N N N N N

LSC: UC UC UC UC UC

Listing Date: 7/30/2014 1/15/2015 1/02/2015 6/03/2015 4/21/2015

Exp Date: 10/30/2014 1/15/2016 11/28/2015 12/31/2015 7/21/2015

Contract Dte: 11/17/2014 7/14/2015 7/17/2015 7/21/2015 6/19/2015

Title Date:

Days On Mkt: 110 179 195 48 59

Original LP$: $590,000 $569,000 $730,000 $630,000 $799,000

Listing Price: $565,000 $569,000 $620,000 $630,000 $799,000

Sold Price:

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

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Recently Sold Recently Sold Recently Sold Recently Sold Recently Sold

ML#: *1216116 2722449 *1208362 *1221226 2684973

Address: 31-34 93 30-52 87th St 26-29 91 St 87-17 30 Ave 30-38 90th St

Town: E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst E. Elmhurst

Section/Area: E.Elmhurst/Jackson H…

Development:

School Dist: 30 30 30 30 30

Style: Colonial Colonial Other Colonial Tudor

# Fam/Det: 1 Family, Det 1 Family, Att 1 Family, Sd 1 Family, Att 1 Family, Det

Rooms: 6 10 9 7 7

Bedrooms: 3 3 3 3 3

MBR 1st Floor: N N N N N

Baths: 1.000 2.500 2.000 2.500 1.500

# Kitchens: 1 1 1 1 1

Eat In Kit: Y N Y Y Y

Dining Room: Formal Formal Formal Formal Formal

Aprox Int Sqft: 1895 1824

Basement: Full Full Full Full Full

Fin Basement: N Y Y Y

# Fireplaces: 0 0 0 0 0

Wood Floors: Y Y

Heating: Oil, Steam Gas, Steam Gas, Steam Gas, Hw Oil, Steam

A/C: N N N 3 N

Garage: 1 1 0

Driveway: Pty Pty Pty Pty Pty

Deck: None

Pool: N N N N N

Taxes: $4,801 $4,402 $4,607 $4,722 $4,775

Total Taxes: $4,801 $4,402 $4,607 $4,722 $4,775

Appearance: Excellent

Apx Yr Built: 1930 1945 1935 1955 1930

New Construc: N N N N N

Construction: Frame Brick Brick Brick Brick

Lot Size: 20X100 19 X 100 20X100 18 X 100 20X100

Horse Prop: N

Waterfront: N N N N N

Waterview: N N N N N

Cul-de-sac: N

Adult Comm: N N N N N

REO: N N N N N

Short Sale: N N N N N

LSC: CL CL CL CL CL

Listing Date: 1/18/2015 11/20/2014 10/26/2014 4/12/2015 6/23/2014

Exp Date: 8/18/2015 6/04/2015 4/26/2015 9/30/2015 6/23/2015

Contract Dte: 5/15/2015 3/12/2015 12/15/2014 5/05/2015 2/25/2015

Title Date: 7/27/2015 3/30/2015 6/19/2015 6/24/2015 6/09/2015

Days On Mkt: 116 111 50 23 247

Original LP$: $498,000 $649,000 $629,000 $638,000 $718,000

Listing Price: $498,000 $589,000 $629,000 $638,000 $678,000

Sold Price: $498,800 $570,000 $595,000 $630,000 $634,000

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

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Comparable Summary

Recently SoldML# Address Town Style Rms Br Bth List Price Sold Price % Dif List Date Cont Date Title Date DOM

*1216116 31-34 93 E. Elmhurst Colonial 6 3 1 $498,000 $498,800 -0.20% 1/18/2015 5/15/2015 7/27/2015 116

2722449 30-52 87th St E. Elmhurst Colonial 10 3 3 $589,000 $570,000 3.20% 11/20/2014 3/12/2015 3/30/2015 111

*1208362 26-29 91 St E. Elmhurst Other 9 3 2 $629,000 $595,000 5.40% 10/26/2014 12/15/2014 6/19/2015 50

*1221226 87-17 30 Ave E. Elmhurst Colonial 7 3 3 $638,000 $630,000 1.30% 4/12/2015 5/05/2015 6/24/2015 23

2684973 30-38 90th St E. Elmhurst Tudor 7 3 2 $678,000 $634,000 6.50% 6/23/2014 2/25/2015 6/09/2015 247

# Properties: 5 Averages: 7.8 3 2.2 $606,400 $585,560 3.20% 109

On the MarketML# Address Town Style Rms Br Bth Orig Price List Price % Dif List Date DOM

2731664 25-54 89th St E. Elmhurst Duplex 7 4 2 $550,000 $550,000 0.00% 1/14/2015 211

2785263 25-54 89th St E. Elmhurst Ranch 7 4 2 $569,900 $569,900 0.00% 7/31/2015 13

2763221 30-22 86th St E. Elmhurst Colonial 6 3 2 $620,000 $620,000 0.00% 5/14/2015 91

2738749 31-08 87 St E. Elmhurst Ranch 5 2 2 $679,000 $679,000 0.00% 2/16/2015 178

2723561 30-33 92nd St E. Elmhurst Townhouse 7 3 2 $680,000 $680,000 0.00% 11/26/2014 260

2776990 30-34 88th St E. Elmhurst Other 6 3 2 $760,000 $760,000 0.00% 6/30/2015 44

2786169 25-21 86th St E. Elmhurst Townhouse 6 3 2 $860,000 $860,000 0.00% 8/04/2015 9

# Properties: 7 Averages: 6.3 3.1 2 $674,129 $674,129 0.00% 115

Under ContractML# Address Town Style Rms Br Bth Orig Price List Price % Dif List Date Cont Date DOM

2709685 26-39 95th St E. Elmhurst Ranch 4 2 2 $249,000 $249,000 0.00% 9/26/2014 4/20/2015 206

2766204 30-29 84th St E. Elmhurst 2 Story 8 3 3 $410,000 $410,000 0.00% 5/25/2015 6/23/2015 29

2769023 24-41 83rd St E. Elmhurst Ranch 5 2 1 $479,000 $479,000 0.00% 6/03/2015 7/15/2015 42

2694765 26-51 94th St E. Elmhurst Colonial 11 7 2 $590,000 $565,000 4.24% 7/30/2014 11/17/2014 110

2732138 25-07 82nd St E. Elmhurst Townhouse 6 2 2 $569,000 $569,000 0.00% 1/15/2015 7/14/2015 179

2728708 83-03 25 Ave E. Elmhurst Other 4 2 2 $730,000 $620,000 15.07% 1/02/2015 7/17/2015 195

2769035 25-05 88th St E. Elmhurst Tudor 6 3 3 $630,000 $630,000 0.00% 6/03/2015 7/21/2015 48

2755917 30-22 88th Street E. Elmhurst Tudor 6 3 3 $799,000 $799,000 0.00% 4/21/2015 6/19/2015 59

# Properties: 8 Averages: 6.2 3 2.2 $557,000 $540,125 2.41% 108

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

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Map

Comparables# ML# Address Town Style Rooms Bedrooms Baths Price LSC

1 2731664 25-54 89th St E. Elmhurst Duplex 7 4 2 $550,000 NEW

2 2785263 25-54 89th St E. Elmhurst Ranch 7 4 2 $569,900 NEW

3 2763221 30-22 86th St E. Elmhurst Colonial 6 3 2 $620,000 NEW

4 2738749 31-08 87 St E. Elmhurst Ranch 5 2 2 $679,000 NEW

5 2723561 30-33 92nd St E. Elmhurst Townhouse 7 3 2 $680,000 NEW

6 2776990 30-34 88th St E. Elmhurst Other 6 3 2 $760,000 NEW

7 2786169 25-21 86th St E. Elmhurst Townhouse 6 3 2 $860,000 NEW

8 2709685 26-39 95th St E. Elmhurst Ranch 4 2 2 $249,000 UC

9 2766204 30-29 84th St E. Elmhurst 2 Story 8 3 3 $410,000 UC

10 2769023 24-41 83rd St E. Elmhurst Ranch 5 2 1 $479,000 UC

11 2694765 26-51 94th St E. Elmhurst Colonial 11 7 2 $565,000 UC

12 2732138 25-07 82nd St E. Elmhurst Townhouse 6 2 2 $569,000 UC

13 2728708 83-03 25 Ave E. Elmhurst Other 4 2 2 $620,000 UC

14 2769035 25-05 88th St E. Elmhurst Tudor 6 3 3 $630,000 UC

15 2755917 30-22 88th Street E. Elmhurst Tudor 6 3 3 $799,000 UC

16 *1216116 31-34 93 E. Elmhurst Colonial 6 3 1 $498,000 CL

17 2722449 30-52 87th St E. Elmhurst Colonial 10 3 3 $589,000 CL

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18 *1208362 26-29 91 St E. Elmhurst Other 9 3 2 $629,000 CL

19 *1221226 87-17 30 Ave E. Elmhurst Colonial 7 3 3 $638,000 CL

20 2684973 30-38 90th St E. Elmhurst Tudor 7 3 2 $678,000 CL

# ML# Address Town Style Rooms Bedrooms Baths Price LSC

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc. * Denotes a change in the data.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

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Market Statistics Report

On the Market

Under Contract

Recently Sold

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

$100,000 $300,000 $500,000 $700,000 $900,000

25-54 89th St

25-54 89th St

30-22 86th St

31-08 87 St

30-33 92nd St

30-34 88th St

25-21 86th St

$100,000 $300,000 $500,000 $700,000 $900,000

26-39 95th St

30-29 84th St

24-41 83rd St

26-51 94th St

25-07 82nd St

83-03 25 Ave

25-05 88th St

30-22 88th Street

$100,000 $300,000 $500,000 $700,000 $900,000

31-34 93

30-52 87th St

26-29 91 St

87-17 30 Ave

30-38 90th St

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Days on Market Report

On the Market

Under Contract

Recently Sold

Information supplied by third parties and not by Multiple Listing Service of Long Island, Inc.Information Copyright © 2015 Multiple Listing Service of Long Island, Inc.

DOM0 DOM70 DOM140 DOM210 DOM280

25-54 89th St

25-54 89th St

30-22 86th St

31-08 87 St

30-33 92nd St

30-34 88th St

25-21 86th St

DOM0 DOM70 DOM140 DOM210 DOM280

26-39 95th St

30-29 84th St

24-41 83rd St

26-51 94th St

25-07 82nd St

83-03 25 Ave

25-05 88th St

30-22 88th Street

DOM0 DOM70 DOM140 DOM210 DOM280

31-34 93

30-52 87th St

26-29 91 St

87-17 30 Ave

30-38 90th St

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