NOT LISTED FOR SALE

1125 Gipson St Far Rockaway, NY 11691

Far Rockaway Neighborhood

Estimated Value: $667,000 - $917,000

-- Bed
-- Bath
2,120 Sq Ft
$368/Sq Ft Est. Value

About This Home

This home is located at 1125 Gipson St, Far Rockaway, NY 11691 and is currently estimated at $780,369, approximately $368 per square foot. 1125 Gipson St is a home located in Queens County with nearby schools including P.S. 104 The Bays Water, Ms 53 Brian Piccolo, and Q319 Village Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Tang Hao and Wang John Xiong
Bought by
Gipson Properties Llc
Current Estimated Value
$780,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$228,964
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,367

Purchase Details

Closed on
Sep 22, 2015
Sold by
Goldstein Esq As Referee Barry
Bought by
Tang Hao and Wang John Xiong

Purchase Details

Closed on
Jul 19, 2010
Sold by
Nussbaum David
Bought by
69 Adelphi Street Llc

Purchase Details

Closed on
Apr 30, 2007
Sold by
Mott Ave Enterprises Llc
Bought by
Nussbaum David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2005
Sold by
Emi Progressive Equities Inc
Bought by
Mott Ave Enterprises Llc

Purchase Details

Closed on
Sep 15, 2004
Sold by
Singh Pertab
Bought by
Emi Progessive Equities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1996
Sold by
Bertolino Paul Aldo and Bertolino Jean
Bought by
Singh Pertab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Interest Rate
8.08%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gipson Properties Llc $500,000 --
Gipson Properties Llc $500,000 --
Tang Hao $304,200 --
Tang Hao $304,200 --
69 Adelphi Street Llc -- --
69 Adelphi Street Llc -- --
Nussbaum David $615,000 --
Nussbaum David $615,000 --
Mott Ave Enterprises Llc -- --
Mott Ave Enterprises Llc -- --
Emi Progessive Equities Inc $650,500 --
Emi Progessive Equities Inc $650,500 --
Singh Pertab $201,000 --
Singh Pertab $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gipson Properties Llc $140,000
Open Gipson Properties Llc $250,000
Closed Gipson Properties Llc $250,000
Previous Owner Nussbaum David $492,000
Previous Owner Mott Ave Enterprises Llc $86,000
Previous Owner Mott Ave Enterprises Llc $1,000,000
Previous Owner Emi Progessive Equities Inc $499,000
Previous Owner Singh Pertab $18,515
Previous Owner Singh Pertab $194,250
Source: Public Records

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 $6,230 $32,227 $8,355 $23,872
2024 $6,230 $31,018 $9,634 $21,384
2023 $6,060 $30,174 $8,501 $21,673
2022 $5,683 $32,280 $10,920 $21,360
2021 $5,652 $34,500 $10,920 $23,580
2020 $5,685 $30,000 $10,920 $19,080
2019 $5,407 $31,500 $10,920 $20,580
2018 $5,126 $25,145 $9,716 $15,429
2017 $4,836 $23,722 $9,615 $14,107
2016 $4,474 $23,722 $9,615 $14,107
2015 $3,368 $22,832 $8,052 $14,780
2014 $3,368 $21,540 $9,120 $12,420
Source: Public Records

Map

New York Queens County Far Rockaway 11691 Far Rockaway

1125 Gipson St, Far Rockaway, NY

This home is located at 1125 Gipson St, Far Rockaway, NY 11691 and is currently estimated at $780,369, approximately $368 per square foot. 1125 Gipson St is a home located in Queens County with nearby schools including P.S. 104 The Bays Water, Ms 53 Brian Piccolo, and Q319 Village Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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