NOT LISTED FOR SALE

Estimated Value: $648,000 - $759,000

5 Beds
2 Baths
2,068 Sq Ft
$333/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $625,000 $302 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,066/month

63 Days on Market

About This Home

As of November 2023

Experience seaside tranquility in this beautiful duplex in Arverne, only four blocks from the beach. Built in 1996, the property spans 2,068 sq ft on a 3,400 sq ft lot, featuring a smart layout of a 3-bedroom unit above a 2-bedroom unit, perfect for families or investment opportunities. Step into open-concept interiors graced with hardwood floors and modern stainless-steel equipped kitchens showcasing granite and quartz countertops along with ample storage. The 2nd floor unit also offers a washer and dryer for your convenience. Outside, a spacious yard offers endless possibilities, while nearby, a vibrant community with restaurants, shopping, and public transport awaits. Experience the unique fusion of city amenities and beachside living. 639 Beach 63rd Street, Arverne, NY 11692 is not just a property, but a lifestyle - a harmonious blend of comfort, modernity, and the irresistible charm of coastal living. Seize this opportunity and make this dream home your reality today!

Last Agent to Sell the Property

David Johnson

Johnson Elite R E Group Inc License #10311208277 Listed on: 05/23/2023

Last Buyer's Agent

David Johnson

Johnson Elite R E Group Inc License #10311208277 Listed on: 05/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,844

Year Built

  • Built in 1996

Lot Details

  • 3,400 Sq Ft Lot
  • Lot Dimensions are 34x100
  • 1 Common Wall

Home Design

  • 2,068 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Ps/Ms 42 R Vernam Elementary School
  • Goldie Maple Academy Middle School
  • Scholars' Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 30 / 16023
  • Assessor Parcel Number 16023-0030

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,844

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1996
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: See Remarks
  • Total Bedrooms: 5
  • Living Area: 2068
  • SquareFootage: 2068.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Goldie Maple Academy

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 34x100
  • Lot Size Sq Ft: 3400
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 16023-0030
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-03-17

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 3844.32
  • Tax Block: 16023
  • Tax Lot: 30
  • Tax Map Number: 16023-0030

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
May 23, 2023
Closed on
Nov 6, 2023
Sold by
Walton Lorraine L
Bought by
Dewar-Johnson Stacy and Johnson David
Seller's Agent
David Johnson
Johnson Elite R E Group Inc
Buyer's Agent
David Johnson
Johnson Elite R E Group Inc
List Price
$740,000
Sold Price
$625,000
Premium/Discount to List
-$115,000
-15.54%
Views
86
Current Estimated Value
$680,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,972
Avg. Annual Appreciation
5.90%
Original Mortgage
$468,750
Outstanding Balance
$461,741
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,614

Purchase Details

Closed on
Apr 28, 1998
Sold by
Walton Lorraine L and Walton Charles Pearl
Bought by
Walton Lorraine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,414
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1996
Sold by
Housing Corp Of New York
Bought by
Walton Lorraine L and Walton Charles Pearl
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
Dewar-Johnson Stacy $625,000 --
Dewar-Johnson Stacy $625,000 --
Walton Lorraine L -- Stewart Title Insurance Co
Walton Lorraine L -- Stewart Title Insurance Co
Walton Lorraine L $65,500 Stewart Title Insurance Co
Walton Lorraine L $65,500 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewar-Johnson Stacy $468,750
Closed Dewar-Johnson Stacy $468,750
Previous Owner Walton Lorraine L $36,000
Previous Owner Walton Lorraine L $25,000
Previous Owner Walton Lorraine L $8,323
Previous Owner Walton Lorraine L $3,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $625,000 0.0% $302 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/23/2023 07/23/23 Off Market $625,000 -- --
07/12/2023 07/12/23 Price Changed $699,000 -5.5% $338 / Sq Ft
05/23/2023 05/23/23 For Sale $740,000 -- $358 / 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 $4,061 $20,218 $3,384 $16,834
2024 $4,061 $20,218 $3,586 $16,632
2023 $3,749 $20,064 $3,465 $16,599
2022 $3,548 $34,440 $7,140 $27,300
2021 $3,462 $28,560 $7,140 $21,420
2020 $3,270 $27,900 $7,140 $20,760
2019 $3,232 $24,900 $7,140 $17,760
2018 $3,111 $16,720 $4,671 $12,049
2017 $2,916 $15,774 $4,940 $10,834
2016 $2,665 $15,774 $4,940 $10,834
2015 $2,025 $14,040 $5,940 $8,100
2014 $2,025 $14,040 $5,940 $8,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3480190

OneKey® MLS

APN: 16023-0030