NOT LISTED FOR SALE

1116 Beach Channel Dr Far Rockaway, NY 11691

Far Rockaway Neighborhood

Estimated Value: $640,000 - $792,052

7 Beds
4 Baths
2,500 Sq Ft
$289/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $695,000 $278 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,523/month

293 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Far Rockaway-Mott Avenue
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Detached Garage

About This Home

As of March 2019

Fully Renovated & Vacant, Ready To Move-In. Detach 2 Family On 50/132 Lot, Very Nice Part Of Far Rockaway, Close To Subway. 4 Bedroom/2 Bathroom Duplex Over 3 Bedroom/2 Bathroom Duplex, Private Driveway And Garage, Huge Backyard., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Ephraim Pizante

Massada Realty Inc License #10311207332 Listed on: 05/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1920

Lot Details

  • 5,602

Parking

  • Detached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • Eat-In Kitchen
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • 5,602 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,349

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 50/132
  • Lot Size Sq Ft: 5602
  • Building Area Total: 2500
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 3349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Felix Judy Magdalene and Mahadeo Nicholas
Bought by
1116 Beach Channel Llc
Current Estimated Value
$753,585

Purchase Details

Closed on
Sep 22, 2020
Sold by
Mahadeo Nicholas
Bought by
Felix Judy Magdalene and Mahadeo Nicholas

Purchase Details

Listed on
May 15, 2018
Closed on
Mar 29, 2019
Sold by
Beach Drive Llc
Bought by
Mahadeo Nicholas
Seller's Agent
Ephraim Pizante
Massada Realty Inc
List Price
$699,000
Sold Price
$695,000
Premium/Discount to List
-$4,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$682,411
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2016
Sold by
7601 Realty Co Llc
Bought by
Beach Drive Llc

Purchase Details

Closed on
Sep 3, 2008
Sold by
Lovence Flavia
Bought by
7601 Realty Co Llc

Purchase Details

Closed on
Jul 31, 2006
Sold by
Familusi Abiola O
Bought by
Lovence Flavia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.8%

Purchase Details

Closed on
Jun 26, 1996
Sold by
Shipper Alan M and Shipper Earliene
Bought by
Familusi Abiola O

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
8.27%

Purchase Details

Closed on
Oct 4, 1994
Sold by
Siegel Martin S and Siegel Marcia
Bought by
Shipper Alan M and Shipper Earliene
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
1116 Beach Channel Llc -- --
Felix Judy Magdalene -- --
Mahadeo Nicholas $695,000 --
Beach Drive Llc $225,000 --
7601 Realty Co Llc $212,000 --
7601 Realty Co Llc $212,000 --
Lovence Flavia $530,000 --
Lovence Flavia $530,000 --
Familusi Abiola O $160,000 First American Title Ins Co
Familusi Abiola O $160,000 First American Title Ins Co
Shipper Alan M -- First American Title Ins Co
Shipper Alan M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahadeo Nicholas $718,548
Previous Owner Mahadeo Nicholas $682,411
Previous Owner Lovence Flavia $106,000
Previous Owner Lovence Flavia $424,000
Previous Owner Familusi Abiola O $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $695,000 -- --
03/29/2019 03/29/19 Sold $695,000 0.0% $278 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $695,000 -0.6% $278 / Sq Ft
11/11/2018 11/11/18 Price Changed $699,000 0.0% $280 / Sq Ft
11/11/2018 11/11/18 For Sale $699,000 +0.6% $280 / Sq Ft
08/22/2018 08/22/18 Off Market $695,000 -- --
05/15/2018 05/15/18 For Sale $719,000 -- $288 / 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 $4,760 $25,122 $8,088 $17,034
2024 $4,760 $23,700 $8,395 $15,305
2023 $4,760 $23,700 $8,570 $15,130
2022 $4,696 $37,740 $13,560 $24,180
2021 $4,670 $33,780 $13,560 $20,220
2020 $4,431 $32,700 $13,560 $19,140
2019 $4,132 $29,520 $13,560 $15,960
2018 $4,026 $19,750 $10,478 $9,272
2017 $3,996 $19,601 $12,549 $7,052
2016 $3,697 $19,601 $12,549 $7,052
2015 $2,545 $17,446 $8,864 $8,582
2014 $2,545 $18,810 $9,430 $9,380
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Ephraim Pizante

    Massada Realty Inc

    (646) 305-3780

    17 Total Sales

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Map

Source: OneKey® MLS

MLS Number: L3030144

OneKey® MLS

APN: 15709-0083

New York Queens County Far Rockaway 11691 Far Rockaway

1116 Beach Channel Dr, Far Rockaway, NY

This home is located at 1116 Beach Channel Dr, Far Rockaway, NY 11691 since 15 May 2018 and is currently estimated at $722,263, approximately $288 per square foot. This property was built in 1920. 1116 Beach Channel Dr is a home located in Queens County with nearby schools including Wave Preparatory Elementary School, Ms 53 Brian Piccolo, and Q319 Village Academy.

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