NOT LISTED FOR SALE

605 Beach 69th St Arverne, NY 11692

Arverne Neighborhood

Estimated Value: $626,452 - $854,000

4 Beds
2 Baths
1,365 Sq Ft
$538/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $640,500 $469 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,439/month

60 Days on Market

Highlights

  • Property is near public transit
  • L-Shaped Dining Room
  • Park
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of February 2022

Legal Two Family (3 over 1). Terrific investment opportunity in the heart of Arverne/Far Rockaway. 4 Full Bedrooms, 2 Full baths. Customize to your liking. Second floor features a large front porch, hardwood floors, 3 bedrooms, LR, DR, kitchen, full bath, large pull down attic for storage and access to a first floor tiled living area with outside separate entrance, washer dryer, and utility room. First floor apartment features 1 bedroom, LR/DR area, eat in kitchen, and full bath. Landscaped fenced in front and backyard. Separate electrical/gas meters and electrical panels. Close to bus, shopping and Arverne by the Sea.

Last Agent to Sell the Property

Bob Mathai

Right Bob Realty LLC License #10491208440 Listed on: 10/08/2021

Last Buyer's Agent

Hagai Levi

Hagat Management Corp License #10311202603

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1940

Lot Details

  • 3,250 Sq Ft Lot
  • Lot Dimensions are 32.5x100
  • 1 Common Wall

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • L-Shaped Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps/Ms 42 R Vernam Elementary School
  • Ps 183 Dr Richard R Green Middle School
  • Scholars' Academy High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 31 / 16047
  • Assessor Parcel Number 16047-0031

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,919

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 516-500-2872
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen, L-Shaped Dining Room, Living Room / Dining Room
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Inclusions: Dryer, Refrigerator, Washer
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, None, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 183 Dr Richard R Green

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Dimensions: 32.5x100
  • Lot Size Sq Ft: 3250.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 16047-0031
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-02-23
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 3919.00
  • Tax Block: 16047
  • Tax Lot: 31
  • Tax Map Number: 16047-0031

Multi Family

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

MLS Schools

  • Elementary School: Ps/Ms 42 R Vernam
  • High School: Scholars' Academy
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Feb 23, 2022
Sold by
Sullivan Chevalee and Sullivan Veronica
Bought by
Compass Pamella Rose
Seller's Agent
Bob Mathai
Right Bob Realty LLC
Buyer's Agent
Hagai Levi
Hagat Management Corp
List Price
$599,999
Sold Price
$640,500
Premium/Discount to List
$40,501
6.75%
Current Estimated Value
$782,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,635
Avg. Annual Appreciation
3.62%
Original Mortgage
$628,898
Outstanding Balance
$585,482
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,381

Purchase Details

Closed on
Mar 20, 2001
Sold by
Sullivan Chevalee
Bought by
Sullivan Chevalee and Sullivan Veronica

Purchase Details

Closed on
Oct 20, 2000
Sold by
White Lawrence
Bought by
Sullivan Chevalee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,285
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 1998
Sold by
Khatoon Bibi and White Lawrence
Bought by
White Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Compass Pamella Rose $640,500 --
Compass Pamella Rose $640,500 --
Compass Pamella Rose $640,500 --
Sullivan Chevalee -- --
Sullivan Chevalee -- --
Sullivan Chevalee $201,000 --
Sullivan Chevalee $201,000 --
White Lawrence -- --
White Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compass Pamella Rose $628,898
Closed Compass Pamella Rose $628,898
Previous Owner Sullivan Chevalee $199,285
Previous Owner White Lawrence $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $640,500 +6.8% $469 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $599,999 -- $440 / 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 $4,234 $21,082 $4,723 $16,359
2024 $4,234 $21,082 $5,077 $16,005
2023 $4,202 $20,922 $5,542 $15,380
2022 $3,941 $30,600 $8,280 $22,320
2021 $3,623 $25,860 $8,280 $17,580
2020 $3,423 $26,100 $8,280 $17,820
2019 $3,382 $24,780 $8,280 $16,500
2018 $3,256 $17,435 $5,300 $12,135
2017 $3,053 $16,449 $5,761 $10,688
2016 $2,792 $16,449 $5,761 $10,688
2015 $2,045 $14,640 $6,900 $7,740
2014 $2,045 $14,640 $6,900 $7,740
Source: Public Records

Agents Affiliated with this Home

  • Bob Mathai

    Seller's Agent in 2022

    Bob Mathai

    Right Bob Realty LLC

    (917) 623-2697

    2 in this area

    55 Total Sales

    Bob Mathai
    Section Image

  • H

    Buyer's Agent in 2022

    Hagai Levi

    Hagat Management Corp

    (718) 813-1142

    1 in this area

    13 Total Sales

    Hagai Levi
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3350883

OneKey® MLS

APN: 16047-0031

New York Queens County Arverne 11692 Arverne

605 Beach 69th St, Arverne, NY

Not Listed for Sale

MultiFamily

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