NOT LISTED FOR SALE

553 Beach 43rd St Unit 557 Far Rockaway, NY 11691

Edgemere Neighborhood

Estimated Value: $786,000 - $901,558

6 Beds
4 Baths
2,400 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $758,100 $316 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,861/month

159 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near public transit
  • Baseboard Heating
  • 0.21 Acre Lot
  • Park

About This Home

As of October 2021

Beautiful, Clean And Well Maintained 2 Family House. This Home is Totally Renovated. First Floor Living Room, Dining Room, 3 Bedrooms, 2 full Baths .Master Bedroom with walking closet private Bath Both Units. Second Floor Totally Renovated 3 Bedrooms, 2 Full Baths. Private Driveway Space To Park 6 Cars. Big Backyard 27.7 X47.7. Closed To Ground Transportation, Major Highways, Schools, Restaurants, And Parks. New Roof, See Virtual Tour. Lot Size 9240. The Recently Renovated Both Kitchens Have Granite Counter Tops, Back Splash.

Last Agent to Sell the Property

Sianei Parker

Keller Williams Legendary Brokerage Phone: 516-873-7100 License #10401310856 Listed on: 12/20/2020

Keller Williams Legendary

Last Buyer's Agent

John Bassey

Skylight Real Estate Consultan License #10401205708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 2006 | Remodeled in 2020

Lot Details

  • 9,254 Sq Ft Lot
  • Lot Dimensions are 70x132.2
  • Property Fronts a Bay or Harbor
  • No Common Walls

Home Design

  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage
  • Public Parking
  • Private Parking
  • Driveway
  • On-Street Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is near public transit

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,130

Year Built

Built in 2006 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: excellent
  • Levels: Two
  • Year Built: 2006
  • New Construction: No
  • Year Built Effective: 2020
  • Attribution Contact: 516-873-7100
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Waterfront Features: Bay/Harbor
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 5
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, No Garage, Public Parking, On Street

Utilities

  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 70X132.2
  • Lot Size Sq Ft: 9254
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneType: AE

Rental Info

  • Lease Considered: Yes
  • Available Date: 2021-07-30

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 4130
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2020
Closed on
Oct 18, 2021
Sold by
Davis Dhiala
Bought by
Ajala Olatoyosi A
Seller's Agent
Sianei Parker
Keller Williams Legendary
Buyer's Agent
John Bassey
Skylight Real Estate Consultan
List Price
$739,999
Sold Price
$758,100
Premium/Discount to List
$18,101
2.45%
Current Estimated Value
$826,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,540
Avg. Annual Appreciation
2.24%
Original Mortgage
$744,368
Outstanding Balance
$683,701
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,939

Purchase Details

Closed on
Aug 28, 2007
Sold by
Rdp Multiple Services Corp
Bought by
Davis Dhiala

Purchase Details

Closed on
Apr 26, 2006
Sold by
Davis Dhiala
Bought by
Rdp Multiple Services Corp

Purchase Details

Closed on
Feb 27, 2004
Sold by
Phifer Cassandra and Phifer Floyd L
Bought by
Davis Dhiala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Doyle Richard and Rusin Vasil
Bought by
Phifer Floyd L and Phifer Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
7.78%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 1998
Sold by
Greenpoint Bank
Bought by
Doyle Richard and Rusin Vasil

Purchase Details

Closed on
Sep 11, 1998
Sold by
Jardine Anthony Marc
Bought by
Greenpoint Bank
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
Ajala Olatoyosi A $758,100 --
Ajala Olatoyosi A $758,100 --
Davis Dhiala -- --
Davis Dhiala -- --
Rdp Multiple Services Corp -- --
Rdp Multiple Services Corp -- --
Davis Dhiala $215,000 --
Davis Dhiala $215,000 --
Phifer Floyd L $145,000 Commonwealth Land Title Ins
Phifer Floyd L $145,000 Commonwealth Land Title Ins
Doyle Richard $30,000 Titleserv
Doyle Richard $30,000 Titleserv
Greenpoint Bank $50,000 Titleserv
Greenpoint Bank $50,000 Titleserv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajala Olatoyosi A $744,368
Closed Ajala Olatoyosi A $744,368
Previous Owner Davis Dhiala $412,500
Previous Owner Davis Dhiala $132,273
Previous Owner Davis Dhiala $193,500
Previous Owner Phifer Floyd L $143,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $758,100 +2.4% $316 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $739,999 -2.4% $308 / Sq Ft
05/05/2021 05/05/21 Off Market $758,100 -- --
04/24/2021 04/24/21 Price Changed $739,999 +2.9% $308 / Sq Ft
03/11/2021 03/11/21 Price Changed $719,000 -2.7% $300 / Sq Ft
01/27/2021 01/27/21 Price Changed $739,000 -1.3% $308 / Sq Ft
01/26/2021 01/26/21 Price Changed $749,000 -1.3% $312 / Sq Ft
01/09/2021 01/09/21 Price Changed $759,000 -2.6% $316 / Sq Ft
12/20/2020 12/20/20 For Sale $779,000 -- $325 / 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 $4,703 $23,414 $4,629 $18,785
2024 $4,703 $23,414 $4,554 $18,860
2023 $4,667 $23,238 $4,941 $18,297
2022 $4,377 $36,420 $9,300 $27,120
2021 $4,353 $37,680 $9,300 $28,380
2020 $4,130 $35,400 $9,300 $26,100
2019 $4,082 $30,300 $9,300 $21,000
2018 $3,948 $19,365 $6,980 $12,385
2017 $3,724 $18,269 $6,647 $11,622
2016 $3,445 $18,269 $6,647 $11,622
2015 $2,918 $16,260 $7,740 $8,520
2014 $2,918 $16,260 $7,740 $8,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3276327

OneKey® MLS

APN: 15962-0067