NOT LISTED FOR SALE

Estimated Value: $1,322,672 - $1,529,000

3 Beds
2.5 Baths
3,026 Sq Ft
$467/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $1,425,000 $471 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,744/month

61 Days on Market

Highlights

  • Pre War Building
  • Central Air
  • Heating Available

About This Home

As of May 2022

Keller Williams Realty is excited to introduce 225 Beach 124th street, a 4 level, 2 family home sitting on a monster-sized 80x100 lot, just 1 block from the beach & boardwalk located in the Belle Harbor section of beautiful Rockaway Beach. The owner enjoys a spacious 3 bedroom, 1.5 bath split level home consisting of an oversized 27-foot living area, a formal dining room, EIK plus a bonus sunroom that could be used as a 4th bedroom, work-from-home office, or 2nd TV room. This room also grants you access to your sprawling, 80-FOOT WIDE backyard yard sanctuary. Entertainers and/or large families alike will fall in love with this peaceful, private, and mature landscaped retreat consisting of a 50-FOOT POOL, your own KOI POND, multiple sitting & lounging areas & a bonus 3-door cedar shed w/ outdoor shower hook-ups. Your 2 level, triple exposure rental unit shows like its own separate home and is a beach lover's dream. This spacious 1 bedroom, 1 bath loft consists of soaring high 18-foot ceilings, EIK, dinette area, living room & desk alcove area. Head upstairs and find your lofted 2 room, king-sized bedroom w/ WIC & storage. All this, along with separate electric, heating & gas bills. WAIT, there's more! There's even a BIGGER 1-bedroom BONUS IN-LAW SWEET in your fully finished Bsmt that was completely remodeled 9 years ago & has its own separate entrance. This unit is so big you could easily add a 2nd bedroom in addition to your king-sized master, EIK, dining room, living room & walk-in closet. Completing this non-flood zone home is an all brick detached garage, parking for 6-7 cars, zoned for P.S/M.S 114 school & just blocks from B129th shops, restaurants & all things Rockaway. This home will appeal to a diverse range of buyers whether you're a primary end-user, looking to use 1 unit as a Pied--Terre, or want a multi-generational home to keep all your loved ones under one roof. Contact the listing agent for additional information and to schedule a private showing.

Last Agent to Sell the Property

Andrew Amplo

Compass License #10401222016 Listed on: 11/18/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,599

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 80.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,026 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating Available

Community Details

  • Belle Harbor Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 16220

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,599

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Rockaway Beach Boulevard/Newport Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Belle Harbor
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3026.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes
  • Heating: Building Electric, Electric
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 80.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 16220
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
May 4, 2022
Sold by
O'Leary Jonathan and O'Leary Mary
Bought by
Howe Elizabeth and Howe Elizabeth Ashley
Seller's Agent
Andrew Amplo
Compass
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,412,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,832
Avg. Annual Appreciation
-0.27%
Original Mortgage
$825,000
Outstanding Balance
$784,961
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$627,207

Purchase Details

Closed on
May 22, 2003
Sold by
Dyer Richard
Bought by
O'Leary Jonathan and O'Leary Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Howe Elizabeth $1,425,000 --
O'Leary Jonathan $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Elizabeth $825,000
Previous Owner O'Leary Jonathan $500,000
Previous Owner Dyer Richard $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $1,425,000 0.0% $471 / Sq Ft
11/18/2021 11/18/21 For Sale $1,425,000 -- $471 / 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
2025 $12,599 $62,726 $15,346 $47,380
2024 $12,599 $62,726 $15,136 $47,590
2023 $12,504 $62,255 $16,410 $45,845
2022 $11,725 $73,980 $21,240 $52,740
2021 $11,661 $70,800 $21,240 $49,560
2020 $11,064 $77,820 $21,240 $56,580
2019 $10,935 $70,920 $21,240 $49,680
2018 $10,576 $51,879 $18,817 $33,062
2017 $9,977 $48,943 $19,892 $29,051
2016 $9,230 $48,943 $19,892 $29,051
2015 $6,183 $43,560 $17,700 $25,860
2014 $6,183 $43,560 $17,700 $25,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10772511

Real Estate Board of New York (REBNY)

APN: 16220-0022