NOT LISTED FOR SALE

Estimated Value: $720,000 - $857,000

-- Bed
-- Bath
2,272 Sq Ft
$337/Sq Ft Est. Value

About This Home

This home is located at 2872 Faber Terrace, Far Rockaway, NY 11691 and is currently estimated at $765,516, approximately $336 per square foot. 2872 Faber Terrace 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
Nov 6, 2013
Sold by
Iftikhar Umer
Bought by
Iftikhar Kashif
Current Estimated Value
$765,516

Purchase Details

Closed on
Apr 13, 2012
Sold by
Folkes Barbara and Folkes Malcolm G
Bought by
Iftikhar Umer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,964
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2006
Sold by
Folkes Malcolm G and Francis Evadney
Bought by
Folkes Barbara and Folkes Malcolm

Purchase Details

Closed on
Jan 20, 2006
Sold by
Bryan Garth D and Ferguson-Bryan Patricia L
Bought by
Folkes Malcolm and Francies Ewadney D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2000
Sold by
Harris Gaymore W and Harris Lorna D
Bought by
Bryan Garth D and Ferguson Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,655
Interest Rate
7.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Iftikhar Kashif -- --
Iftikhar Umer $317,000 --
Folkes Barbara -- --
Folkes Malcolm $525,300 --
Bryan Garth D $165,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iftikhar Kashif $532,000
Previous Owner Iftikhar Umer $42,000
Previous Owner Iftikhar Umer $308,964
Previous Owner Folkes Malcolm $105,000
Previous Owner Bryan Garth D $400,000
Previous Owner Bryan Garth D $234,655
Closed Folkes Malcolm $420,200
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 $7,864 $39,398 $8,685 $30,713
2024 $7,864 $39,154 $9,734 $29,420
2023 $7,419 $36,938 $9,286 $27,652
2022 $6,600 $44,100 $10,740 $33,360
2021 $6,954 $42,480 $10,740 $31,740
2020 $6,915 $40,560 $10,740 $29,820
2019 $6,825 $37,440 $10,740 $26,700
2018 $6,275 $30,782 $9,667 $21,115
2017 $5,920 $29,040 $10,740 $18,300
2016 $5,505 $29,040 $10,740 $18,300
2015 $3,321 $27,360 $9,300 $18,060
2014 $3,321 $27,326 $9,288 $18,038
Source: Public Records

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