NOT LISTED FOR SALE

Estimated Value: $638,000 - $700,383

5 Beds
3 Baths
2,016 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $665,000 $330 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,060/month

About This Home

As of June 2024

ESTATE SALE OPPORTUNITY/BRAND NEW RENOVATION: (Arverne / Far Rockaway) Enjoy this newly renovated 2 family house ( or 1 family) featuring an owners 4 bedroom, 2 bath duplex with a large living room, eat in windowed kitchen, and a lower level, oversized one bedroom apartment with its own separate entrance. This also makes the most perfect 5 bedroom, 3 bathroom, One Family home! The front porch is enclosed. The backyard is there for your perfect summer oasis. There is a curb cut for your own parking spaces.
Everything is beautifully done and in true move-in condition. Live close to the beach, the A train and excellent shopping.*(some photos are virtually staged)

Last Agent to Sell the Property

Stephen Wald

Stephen P Wald Real Estate Associates Inc License #31WA0949881 Listed on: 05/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1940

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 25.50 x 100.00

Home Design

  • Pre War Building

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Somerville Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 16037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,135

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Beach Channel Drive/Thursby Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Somerville
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Living Area: 2016.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2550.0
  • Lot Size Dimensions: 25.50 x 100.00

Building Info

  • New Construction: No
  • Total Stories: 1
  • Year Built: 1940

Tax Info

  • Tax Block: 16037
  • Tax Lot: 11
  • Tax Annual: 2135.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Fontanez Pedro M
Bought by
Pier 13 Property Management Llc
Current Estimated Value
$679,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,200
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 31, 2024
Sold by
Adrian Gordon Co-Executor and Estate Of Abraham Gordon
Bought by
Fontanez Pedro M
Seller's Agent
Stephen Wald
Stephen P Wald Real Estate Associates Inc
List Price
$665,000
Sold Price
$665,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$601,200
Interest Rate
6.86%
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
Pier 13 Property Management Llc -- --
Fontanez Pedro M $668,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fontanez Pedro M $601,200
Previous Owner Gordon Abraham A $57,968
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $665,000 0.0% $330 / Sq Ft
05/29/2024 05/29/24 For Sale $665,000 -- $330 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
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 $4,304 $21,427 $3,556 $17,871
2024 $4,304 $21,427 $3,757 $17,670
2023 $2,135 $21,265 $3,629 $17,636
2022 $2,037 $35,460 $7,260 $28,200
2021 $1,992 $29,400 $7,260 $22,140
2020 $1,890 $25,260 $7,260 $18,000
2019 $1,868 $22,380 $7,260 $15,120
2018 $1,806 $17,721 $5,374 $12,347
2017 $3,408 $16,718 $6,951 $9,767
2016 $3,153 $16,718 $6,951 $9,767
2015 $2,181 $14,880 $6,060 $8,820
2014 $2,181 $14,880 $6,060 $8,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10966899

Real Estate Board of New York (REBNY)

APN: 16037-0011