NOT LISTED FOR SALE

Estimated Value: $908,445 - $1,353,000

8 Beds
5 Baths
400 Sq Ft
$2,685/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $895,000 $2,238 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,425/month

103 Days on Market

Highlights

  • Beach Access
  • 4-minute walk to Beach 98 Street
  • Property is near public transit
  • 2,220 Sq Ft lot
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of April 2021

Excellent Investment Property thats been well maintained. Located In Most Popular Rockaway Park and Steps to Rockaway Beach & The New Boardwalk. Newly Painted & Fully Rented. Turn Key Property! Huge Backyard, Private Driveway and Front Carport for 2 Cars. Steps to A & S Trains, Express Buses & The Most Convenient Rockaway Ferry Into Sunset Park Brooklyn & Wall Street Pier 11 - NYC. Btw - Rockaway Beach Voted Top 10 Beach in the U.S.A., Additional information: Appearance:Very Good,Green Features:Insulated Doors,Interior Features:Guest Quarters,Lr/Dr,Separate Hotwater Heater:3

Last Agent to Sell the Property

George Zanetis

Zanetis Properties LLC Brokerage Phone: 516-582-2192 License #10491204190 Listed on: 10/01/2020

Last Buyer's Agent

George Zanetis

Zanetis Properties LLC Brokerage Phone: 516-582-2192 License #10491204190 Listed on: 10/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,715

Year Built

  • Built in 2005 | Remodeled in 2020

Lot Details

  • 2,220 Sq Ft Lot
  • Lot Dimensions are 37x60
  • 1 Common Wall
  • Cul-De-Sac
  • Private Entrance
  • Fenced

Home Design

  • Duplex
  • Contemporary Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Formal Dining Room
  • Wood Flooring
  • Fire Sprinkler System

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Water Access
  • Balcony

Location

  • Property is near public transit

Schools

  • Scholars' Academy Middle School
  • Scholars' Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Exclusions: A/C Units,Refrigerator
  • Tenant pays for all utilities
  • Legal Lot and Block 0084 / 16156

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,715

Year Built

Built in 2005 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Property Condition: Actual
  • Levels: Three Or More
  • Exclusions: A/C Units,Refrigerator
  • Year Built: 2005
  • Year Built Effective: 2020
  • Attribution Contact: 516-582-2192
  • Subdivision Name: Seaside
  • Structure Type: Manufactured House
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Interior Amenities: Formal Dining, First Floor Bedroom, Primary Bathroom
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Basement: None
  • Total Bedrooms: 8
  • Window Features: Double Pane Windows, Insulated Windows, Screens
  • Basement YN: No

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding
  • Waterfront Features: Beach Access, Water Access
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • Exterior Features: Balcony, Private Entrance
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Carport, Driveway, Off Street, On Street, Private

Utilities

  • Heating: Baseboard, Hot Water, Natural Gas
  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Utilities: Cable Available, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Fee Information

  • Annual Water Sewer Expense: 1600

Schools

  • Middle School: Scholars' Academy

Lot Info

  • Lot Dimensions: 37x60
  • Lot Size Sq Ft: 2220
  • Lot Features: Cul-De-Sac, Near Public Transit, Near School, Near Shops
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • Insurance Expense: 1900

Tax Info

  • Tax Annual Amount: 5715
  • Tax Block: 16156
  • Tax Lot: 0084

MLS Schools

  • High School: Scholars' Academy
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Apr 7, 2021
Sold by
Camidge Chiarina and Camidge John
Bought by
Lin Xiu Yue
Seller's Agent
George Zanetis
Zanetis Properties LLC
Buyer's Agent
George Zanetis
Zanetis Properties LLC
List Price
$975,000
Sold Price
$895,000
Premium/Discount to List
-$80,000
-8.21%
Current Estimated Value
$1,073,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,861
Avg. Annual Appreciation
4.77%
Original Mortgage
$350,000
Outstanding Balance
$318,294
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$777,083

Purchase Details

Closed on
Jul 15, 2019
Sold by
Mercado Fabian and Mercado Lizette
Bought by
Camidge Chiarina and Camidge John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2013
Sold by
Mercado Fabian
Bought by
Mercado Fabian and Mercado Lizette

Purchase Details

Closed on
Jan 17, 2006
Sold by
Charm Development Corp
Bought by
Mercado Fabian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Lin Xiu Yue $895,000 --
Camidge Chiarina $700,000 --
Mercado Fabian -- --
Mercado Fabian $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xiu Yue $350,000
Previous Owner Camidge Chiarina $525,000
Previous Owner Mercado Fabian $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $895,000 0.0% $2,238 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/01/2021 01/01/21 Off Market $895,000 -- --
10/11/2020 10/11/20 For Sale $975,000 +8.9% $2,438 / Sq Ft
10/05/2020 10/05/20 Off Market $895,000 -- --
10/01/2020 10/01/20 For Sale $975,000 -- $2,438 / 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 $6,542 $32,573 $4,640 $27,933
2024 $6,542 $32,573 $5,163 $27,410
2023 $6,493 $32,327 $4,999 $27,328
2022 $6,088 $54,480 $9,120 $45,360
2021 $6,055 $52,440 $9,120 $43,320
2020 $5,746 $57,480 $9,120 $48,360
2019 $5,385 $49,200 $9,120 $40,080
2014 $3,385 $22,620 $7,620 $15,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3257495

OneKey® MLS

APN: 16156-0084