Seller's Agent in 2024
William Rahner
RE/MAX
(516) 382-5387
1 in this area
48 Total Sales
505 Grassmere Terrace Far Rockaway, NY 11691
Far Rockaway NeighborhoodEstimated Value: $675,000 - $732,000
4
Beds
2.5
Baths
2,100
Sq Ft
$334/Sq Ft
Est. Value
Highlights
- 0.16 Acre Lot
- 2-minute walk to Beach 25 Street
- Wood Flooring
- Colonial Architecture
- Property is near public transit
- 1 Fireplace
About This Home
As of August 2024Price Reduction! Charming and spacious home located at 505 Grassmere Terrace in Far Rockaway, NY. This beautiful property features a well-maintained exterior with a lush front yard and a welcoming porch. Inside, you'll find a thoughtfully designed layout boasting ample natural light and modern finishes. The main level offers a cozy living room, perfect for relaxation and entertainment. The adjacent kitchen is fully equipped with plenty of cabinet space. A separate dining area provides an ideal space for enjoying meals with family and friends. Upstairs, you'll discover the comfortable bedrooms, each offering privacy and comfort. The primary bedroom features an en-suite bathroom for added convenience, while the remaining bedrooms share a well-appointed bathroom. The home also includes a finished basement, offering additional living space plus A laundry area and storage space add practicality and functionality. Outside, the backyard provides a peaceful retreat with a patio area, perfect for outdoor gatherings and relaxation. A private driveway and garage offer convenient parking options. Located in Far Rockaway, this property enjoys proximity to local amenities, schools, parks, and transportation options. Don't miss out on this fantastic opportunity to make 505 Grassmere Terrace your new home. Schedule a viewing today and imagine the possibilities this property holds for you and your loved ones.
Last Agent to Sell the Property
RE/MAX Reliance Brokerage Phone: 516-755-7595 License #10401345854 Listed on: 03/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,294
Year Built
- Built in 1910
Lot Details
- 6,756 Sq Ft Lot
- Lot Dimensions are 54.05x125
Home Design
- Colonial Architecture
- Frame Construction
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2,100 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Combination Dining and Living Room
- Wood Flooring
- Oven
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Private Parking
- Driveway
Location
- Property is near public transit
Schools
- Wave Preparatory Elementary School
- Middle School 53 Brian Piccolo
- Frederick Douglass Acad Vi High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Natural Gas
Community Details
- Park
Listing and Financial Details
- Legal Lot and Block 49 / 15766
- Assessor Parcel Number 15766-0049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2024
Closed on
Aug 30, 2024
Sold by
Willabus Keith
Bought by
Morocho Allaico Daysi Veronica and Munoz Jeres Edison
Seller's Agent
William Rahner
RE/MAX Reliance
Buyer's Agent
Katherine Moreno
EXP Realty
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Views
268
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,147
Avg. Annual Appreciation
0.29%
Original Mortgage
$686,812
Outstanding Balance
$680,160
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,987
Purchase Details
Closed on
Jun 24, 2009
Sold by
Maurice Gerald P and Maurice Mona
Bought by
Willabus Keith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,153
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 5, 1996
Sold by
Maurice Gerard P and Maurice Mona
Bought by
Maurice Gerard P and Maurice Mona
Purchase Details
Closed on
Sep 19, 1995
Sold by
Wall Theodore and Wall Ruth
Bought by
Maurice Gerard P and Maurice Mona
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
7.71%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morocho Allaico Daysi Veronica | $700,000 | -- | |
| Willabus Keith | $378,000 | -- | |
| Willabus Keith | $378,000 | -- | |
| Maurice Gerard P | -- | First American Title Ins Co | |
| Maurice Gerard P | -- | First American Title Ins Co | |
| Maurice Gerard P | $125,000 | First American Title Ins Co | |
| Maurice Gerard P | $125,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morocho Allaico Daysi Veronica | $686,812 | |
| Previous Owner | Willabus Keith | $44,856 | |
| Previous Owner | Willabus Keith | $97,100 | |
| Previous Owner | Willabus Keith | $371,153 | |
| Previous Owner | Maurice Gerard P | $66,199 | |
| Previous Owner | Maurice Gerard P | $220,700 | |
| Previous Owner | Maurice Gerard P | $128,590 | |
| Previous Owner | Maurice Gerard P | $91,000 | |
| Previous Owner | Maurice Gerard P | $127,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $700,000 | +1.4% | $333 / Sq Ft |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | Price Changed | $690,000 | -4.8% | $329 / Sq Ft |
| 04/19/2024 04/19/24 | Price Changed | $725,000 | -3.3% | $345 / Sq Ft |
| 04/04/2024 04/04/24 | Price Changed | $750,000 | -6.1% | $357 / Sq Ft |
| 03/18/2024 03/18/24 | For Sale | $799,000 | -- | $380 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $4,697 | $26,266 | $7,257 | $19,009 |
| 2024 | $4,697 | $26,266 | $8,690 | $17,576 |
| 2023 | $4,657 | $26,068 | $9,067 | $17,001 |
| 2022 | $4,335 | $30,600 | $10,560 | $20,040 |
| 2021 | $4,277 | $29,280 | $10,560 | $18,720 |
| 2020 | $4,023 | $28,380 | $10,560 | $17,820 |
| 2019 | $3,976 | $27,360 | $10,560 | $16,800 |
| 2018 | $4,428 | $21,723 | $8,477 | $13,246 |
| 2017 | $4,178 | $20,494 | $10,218 | $10,276 |
| 2016 | $3,865 | $20,494 | $10,218 | $10,276 |
| 2015 | $2,597 | $18,240 | $8,820 | $9,420 |
| 2014 | $2,597 | $18,240 | $8,820 | $9,420 |
Source: Public Records
Agents Affiliated with this Home
-
William Rahner
-
Katherine Moreno
K
Buyer's Agent in 2024
Katherine Moreno
EXP Realty
(347) 846-1200
1 in this area
9 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3538573
APN: 15766-0049
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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