NOT LISTED FOR SALE

Estimated Value: $445,000 - $650,000

4 Beds
3.5 Baths
2,700 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $850,000 $315 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $3,181/month

50 Days on Market

Highlights

  • 5,250 Sq Ft lot
  • 1 Fireplace
  • No HOA
  • Deck
  • Terrace
  • Balcony

About This Home

As of May 2024

Rare opportunity to own two, side by side, waterfront homes in Broad Channel, primely situated overlooking the peaceful Jamaica Bay. In the family for generations and built in the early 1900s, 12 West 5th Road is a rare find. There are classic and charming details throughout, as well as a renovated kitchen and renovated full bathroom. There is a formal dining room and a separate living area, with a wall of windows overlooking the bay. The first floor also houses the laundry room, mechanicals and a storage area. The lovely second floor has two bedrooms with pitched ceilings and a full bathroom. The two houses are connected by a south-facing, 50 foot wide deck, spanning the width of the two houses. 14 West 5th Road is larger than most and was completely rebuilt and modernized in the 90s. The first floor has a spacious chef’s kitchen, a large living room with a fireplace and a bright dining area, also overlooking the bay with a wall of windows. Not a bad place to dine! The second floor has fantastic vaulted ceilings, allowing for a lofted space in the second bedroom and a massive and airy primary suite with an ensuite bathroom and a private terrace overlooking the bay. Please note that 12 West 5th Road has been used as a summer home and is not currently heated or insulated and 60 feet of bulkhead has been installed by the owner for added preservation. Located in Broad Channel these homes and lifestyle are a true escape to quieter and more serene living. West 5th Road is near transportation (the A train and buses), the newly opened PS 47 (grades Pre K-8th), the Jamaica Bay Wildlife Refuge, and a short trip to the Rockaways and JFK Airport.

Last Agent to Sell the Property

Jennifer Lafferty

Compass License #40LA0954306 Listed on: 11/28/2023

Compass

Co-Listed By

Vickey Barron

Compass License #10301203717

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,164

Year Built

  • Built in 1930

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 5250 x 1

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Terrace

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • No Home Owners Association
  • Broad Channel Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,164

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Broad Channel
  • Entry Level: 1
  • Structure Type: House
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Dishwasher, Washer
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Deck, Terrace, Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common Area, See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 5250.0
  • Lot Size Dimensions: 5250 x 1

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1930

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00000
  • Tax Lot: 0000
  • Tax Annual: 7164.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
May 3, 2024
Sold by
Nimmo William S
Bought by
Behrens Steven
Seller's Agent
Jennifer Lafferty
Compass
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Total Days on Market
50
Views
224
Current Estimated Value
$530,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$319,334
Avg. Annual Appreciation
-35.35%
Original Mortgage
$318,750
Outstanding Balance
$315,669
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,997
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
Behrens Steven $425,000 --
Behrens Steven $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Behrens Steven $318,750
Closed Behrens Steven $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $850,000 -5.6% $315 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
11/28/2023 11/28/23 For Sale $900,000 -- $333 / Sq Ft
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
2024 $2,418 $12,041 $2,982 $9,059
2023 $2,284 $11,372 $2,685 $8,687
2022 $2,033 $22,440 $6,360 $16,080
2021 $2,130 $21,300 $6,360 $14,940
2020 $2,143 $22,140 $6,360 $15,780
2019 $2,099 $18,960 $6,360 $12,600
2018 $1,932 $9,477 $2,715 $6,762
2017 $1,823 $8,941 $2,534 $6,407
2016 $1,686 $8,941 $2,534 $6,407
2015 $1,017 $8,436 $4,254 $4,182
2014 $1,017 $8,362 $4,217 $4,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10956897

Real Estate Board of New York (REBNY)

APN: 15308-0102