11-35 Grassmere Terrace Far Rockaway, NY 11691
Far Rockaway Neighborhood
4
Beds
2
Baths
--
Sq Ft
2,471
Sq Ft Lot
About This Home
As of March 2025Duplex - One unit currently generates $1,450 in rental income, while the other is set to vacate!!! Allowing for potential owner-occupancy or new rental options.. This property offers a solid structure and great bones, making it an ideal investment opportunity. Clean property, featuring spacious layouts and a desirable location. Whether you're looking to expand your real estate portfolio or seek a comfortable living arrangement with rental income, this duplex is a must-see!
Last Agent to Sell the Property
Greene Realty Group Brokerage Phone: 860-560-1006 License #10371200613 Listed on: 11/04/2024
Last Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,803
Year Built
- Built in 1975
Lot Details
- 2,471 Sq Ft Lot
- Lot Dimensions are 20x123.53
Home Design
- Duplex
- Brick Exterior Construction
- Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Private Parking
- Driveway
Schools
- Village Academy Middle School
- Frederick Douglass Acad Vi High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 52 / 15711
- Assessor Parcel Number 15711-0052
Community Details
Overview
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2024
Closed on
Mar 5, 2025
Sold by
Freeman Mervin
Bought by
Alphanso Anthony T
Seller's Agent
Derek Greene
Greene Realty Group
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$635,000
Sold Price
$575,000
Premium/Discount to List
-$60,000
-9.45%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,181
Avg. Annual Appreciation
-3.03%
Original Mortgage
$402,500
Outstanding Balance
$401,495
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,595
Purchase Details
Closed on
Jun 3, 2011
Sold by
Arcstone International Inc
Bought by
Freeman Mervin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,028
Interest Rate
4.74%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 30, 2009
Sold by
Ace Securities Corp Home Equity Loan Tru and Hsbc Bank Usa National Association For
Bought by
Arcstone International Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2008
Sold by
Stephen D Hans Esq Referee
Bought by
Benefit Of Ace Securities Corp Home Equ
Purchase Details
Closed on
Aug 7, 2006
Sold by
Matthews Vinette
Bought by
Jeffers David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.88%
Purchase Details
Closed on
May 4, 2005
Sold by
Williams Lenore C
Bought by
Mathews Vinette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 2003
Sold by
Jeffers Gemma
Bought by
Williams Lenore C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1999
Sold by
Fortis Jose and Fortis Hector
Bought by
Jeffers Gemma
Purchase Details
Closed on
Sep 4, 1996
Sold by
Fortis Jose
Bought by
Fortis Jose and Fortis Hector
Purchase Details
Closed on
Mar 27, 1996
Sold by
Sunnyside Development Corp
Bought by
Fortis Jose
Purchase Details
Closed on
Mar 15, 1996
Sold by
Oci Mtg Corp
Bought by
Sunnyside Development Corp
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $575,000 | -- | |
| Deed | $275,000 | -- | |
| Deed | $275,000 | -- | |
| Deed | $151,500 | -- | |
| Deed | $151,500 | -- | |
| Deed | $442,417 | -- | |
| Deed | $442,417 | -- | |
| Deed | $520,000 | -- | |
| Deed | $520,000 | -- | |
| Deed | $425,000 | -- | |
| Deed | $425,000 | -- | |
| Deed | $280,000 | -- | |
| Deed | $280,000 | -- | |
| Bargain Sale Deed | $162,000 | Fidelity National Title Ins | |
| Bargain Sale Deed | $162,000 | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Deed | $122,500 | First American Title Ins Co | |
| Deed | $122,500 | First American Title Ins Co | |
| Deed | $75,000 | Ticor Title Guarantee Compan | |
| Deed | $75,000 | Ticor Title Guarantee Compan |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,500 | Purchase Money Mortgage | |
| Previous Owner | $429,753 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $425,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $268,028 | FHA | |
| Previous Owner | $173,000 | Purchase Money Mortgage | |
| Previous Owner | $104,000 | No Value Available | |
| Previous Owner | $416,000 | Purchase Money Mortgage | |
| Previous Owner | $85,000 | No Value Available | |
| Previous Owner | $340,000 | Purchase Money Mortgage | |
| Previous Owner | $252,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $575,000 | -9.4% | -- |
| 01/06/2025 01/06/25 | Pending | -- | -- | -- |
| 11/04/2024 11/04/24 | For Sale | $635,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $4,031 | $21,275 | $4,455 | $16,820 |
| 2024 | $4,031 | $20,071 | $5,036 | $15,035 |
| 2023 | $3,803 | $18,936 | $4,459 | $14,477 |
| 2022 | $3,780 | $31,080 | $8,280 | $22,800 |
| 2021 | $3,955 | $26,160 | $8,280 | $17,880 |
| 2020 | $3,753 | $22,500 | $8,280 | $14,220 |
| 2019 | $3,499 | $22,440 | $8,280 | $14,160 |
| 2018 | $3,217 | $15,780 | $8,280 | $7,500 |
| 2017 | $3,645 | $17,880 | $8,280 | $9,600 |
| 2016 | $3,816 | $17,880 | $8,280 | $9,600 |
| 2015 | $2,302 | $18,014 | $8,352 | $9,662 |
| 2014 | $2,302 | $17,017 | $7,890 | $9,127 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Derek Greene
Greene Realty Group
(860) 560-1006
2 in this area
2,971 Total Sales
-
N
Buyer's Agent in 2025
Non Non OneKey Agent
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: L3589173
APN: 15711-0052
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