NOT LISTED FOR SALE

108-16 Rockaway Beach Blvd Rwp, NY 11694

Rockaway Park Neighborhood

Estimated Value: $577,000 - $1,078,000

-- Bed
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold August 03, 2021

Last sale price $650,000

Est. 15% increase in value since last sale

Current estimated payment $4,350/month

29 Days on Market

About This Home

As of August 2021

Bring your contractors to 108-16 Rockaway Beach Blvd , the ideal property for a buyer looking to design their own home in the Rockaways. This is your opportunity to get in on the ground floor. There is the possibility to utilize one of the additional units rental income to offset the cost of the renovation. This is a great property for any end user or investor looking for cash flow. There are two separate buildings on the lot, a two family 1 bedroom apt over 1 bedroom with a basement in the front, and a 1 bedroom bungalow in the rear. The property is across the street from the new luxury Rockaway hotel, close to shopping, restaurants, and down the block from the beach. The possibilities are endless. There are approved plans for the property.

Last Agent to Sell the Property

Bryan Ecock

Douglas Elliman Real Estate License #10301215997 Listed on: 11/09/2020

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,592

Lot Details

  • 2,483

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Community Details

  • Rwp Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 16164

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,592

Lot Details

0

Listing Details

  • Cross Street: IRENE COURT and BEACH 109 STREET
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: RWP
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Garage/Parking

  • Garage: No

Building Info

  • Total Stories: 2

Tax Info

  • Tax Block: 16164
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Aug 3, 2021
Sold by
Busardo Virginia E
Bought by
Efrati John and Flatow Yarden
Seller's Agent
Bryan Ecock
Douglas Elliman Real Estate
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$744,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,899
Avg. Annual Appreciation
3.39%
Original Mortgage
$893,772
Outstanding Balance
$817,381
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$72,482

Purchase Details

Closed on
Sep 15, 1997
Sold by
Obrien John F and Flynn Mary D
Bought by
Busardo Virginia E and Busardo Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.19%
Source: Public Records

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
Efrati John $550,000 --
Efrati John $550,000 --
Busardo Virginia E $147,000 Chicago Title Insurance Co
Busardo Virginia E $147,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Efrati John $27,273
Open Efrati John $65,593
Open Efrati John $893,772
Closed Efrati John $893,772
Previous Owner Busardo Vincent $146,492
Previous Owner Busardo Vincent $220,000
Previous Owner Busardo Vincent $10,000
Previous Owner Busardo Vincent $133,400
Previous Owner Busardo Vincent $136,400
Previous Owner Busardo Virginia E $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $650,000 0.0% --
12/08/2020 12/08/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $650,000 -- --
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 $3,592 $17,885 $3,757 $14,128
2024 $3,592 $17,885 $4,503 $13,382
2023 $3,565 $17,749 $4,301 $13,448
2022 $3,343 $33,900 $8,520 $25,380
2021 $3,325 $28,800 $8,520 $20,280
2020 $3,155 $31,680 $8,520 $23,160
2019 $3,118 $28,020 $8,520 $19,500
2018 $3,015 $14,791 $6,384 $8,407
2017 $2,844 $13,954 $6,371 $7,583
2016 $2,632 $13,954 $6,371 $7,583
2015 $2,179 $12,420 $7,080 $5,340
2014 $2,179 $12,420 $7,080 $5,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10684350

Real Estate Board of New York (REBNY)

APN: 16164-0002