NOT LISTED FOR SALE

Estimated Value: $725,000 - $862,000

6 Beds
4 Baths
2,300 Sq Ft
$338/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $735,000 $320 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,715/month

87 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Park
  • Property is near public transit
  • Patio
  • 3-minute walk to Bayswater Park

About This Home

As of May 2024

Great opportunity, Far Rockaway / Bayswater, detached two-family on a 40 x 140 lot with a private driveway. Both units have three bedrooms / one and a half bathrooms. The basement is unfinished with side and rear entrances. The property is within walking distance of schools, shopping, parks, bus and train station.

Last Agent to Sell the Property

RJ Santiago

Buy Rite Home Sales Inc Brokerage Phone: 718-322-4700 License #31SA0896891 Listed on: 01/06/2024

Last Buyer's Agent

RJ Santiago

Buy Rite Home Sales Inc Brokerage Phone: 718-322-4700 License #31SA0896891 Listed on: 01/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,131

Year Built

  • Built in 1955

Lot Details

  • 5,618 Sq Ft Lot
  • Lot Dimensions are 40x140.44
  • No Common Walls
  • Back Yard Fenced
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asbestos

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Parking Spaces
  • Private Parking
  • Driveway

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Academy Of Medical Technology Middle School
  • Academy Of Medical Technology High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 35 / 15740
  • Assessor Parcel Number 15740-0035

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,131

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Fair
  • Levels: Two
  • Year Built: 1955
  • New Construction: No
  • Attribution Contact: 718-322-4700
  • BuildingSize: 25 x 51
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2300
  • SquareFootage: 2300.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Asbestos
  • Fencing: Back Yard
  • Patio and Porch Features: Patio, Porch
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: Yes

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Academy Of Medical Technology

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 40x140.44
  • Lot Size Sq Ft: 5618
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 15740-0035
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-01-08

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6131.16
  • Tax Block: 15740
  • Tax Lot: 35
  • Tax Map Number: 15740-0035
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Academy Of Medical Technology
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
May 21, 2024
Sold by
Mfra Trust 2016-1 and Wilmington Trust National Association
Bought by
Robinson Iranian M and Robinson Matthew O
Seller's Agent
RJ Santiago
Buy Rite Home Sales Inc
Buyer's Agent
RJ Santiago
Buy Rite Home Sales Inc
List Price
$795,000
Sold Price
$735,000
Premium/Discount to List
-$60,000
-7.55%
Views
32
Current Estimated Value
$776,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,741
Avg. Annual Appreciation
4.34%
Original Mortgage
$721,687
Outstanding Balance
$713,360
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,381

Purchase Details

Closed on
Sep 16, 2023
Sold by
Oliver-Dones Pansy
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Mar 15, 2007
Sold by
Oliver Richard and Oliver Sherlie
Bought by
Oliver-Dones Pansy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.33%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Oliver Richard and Oliver Sherlie
Bought by
Oliver Richard and Oliver Sherlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.33%
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
Robinson Iranian M $748,413 --
Wilmington Trust National Association $837,880 --
Oliver-Dones Pansy -- --
Oliver Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Iranian M $721,687
Previous Owner Oliver Dones Pansy $420,000
Previous Owner Oliver Richard $17,551
Previous Owner Oliver Richard $154,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $735,000 -7.5% $320 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $795,000 0.0% $346 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $795,000 -- $346 / 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 $6,178 $30,758 $7,475 $23,283
2024 $6,178 $30,758 $8,961 $21,797
2023 $6,131 $30,526 $7,582 $22,944
2022 $5,749 $41,820 $11,520 $30,300
2021 $5,718 $39,420 $11,520 $27,900
2020 $5,426 $38,160 $11,520 $26,640
2019 $5,362 $34,200 $11,520 $22,680
2018 $5,186 $25,438 $9,268 $16,170
2017 $4,892 $23,999 $9,952 $14,047
2016 $4,526 $23,999 $9,952 $14,047
2015 $2,982 $21,360 $9,600 $11,760
2014 $2,982 $21,360 $9,600 $11,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3524179

OneKey® MLS

APN: 15740-0035