NOT LISTED FOR SALE

Estimated Value: $705,000 - $819,000

5 Beds
3 Baths
2,001 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $720,000 $360 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,495/month

168 Days on Market

Highlights

  • Waterfront
  • Main Floor Primary Bedroom
  • Park
  • Property is near public transit
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of November 2021

Beautiful waterfront 2-Family located on the bay, w/ potential to install a dock. 2 Bedroom 1 bath over a 3 bedroom 2 bath with gorgeous views of the water. Lifted in 2018 to FEMA code w/ new siding, windows, mechanicals and more. Lots of storage below the home, perfect for storing outdoor furniture and more! Home features a balcony w/ large sliding doors that capture breathtaking views and brings in tons of sunlight. Balcony leads down to a large deck. 5 mins away from Arverne by the Sea restaurants, shops, public transportation and more. 3/2 can rent for up to $2800 and 2/1 can rent for up to $2100., Additional information: Appearance:Mint,Interior Features:Lr/Dr

Last Agent to Sell the Property

Sofia Lovinsky

Alexander Madison Realty Inc Brokerage Phone: 516-307-0800 License #10401348176 Listed on: 03/24/2021

Last Buyer's Agent

Sofia Lovinsky

Alexander Madison Realty Inc Brokerage Phone: 516-307-0800 License #10401348176 Listed on: 03/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1998 | Remodeled in 2018

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 33.33x105
  • Waterfront

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Water Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Lighthouse Elementary School
  • Academy Of Medical Technology Middle School
  • Channel View School For Research High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 7 / 16019
  • Assessor Parcel Number 16019-0007

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

$3,800

Year Built

Built in 1998 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1998
  • Year Built Effective: 2018
  • Attribution Contact: 516-307-0800
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Ceiling Fan(s), Master Downstairs, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Basement: See Remarks
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Waterfront Features: Waterfront
  • Pool Private: No
  • Spa: No
  • View: Water
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 1
  • Garage: No
  • Parking Description: Driveway, Private

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Academy Of Medical Technology

Lot Info

  • Lot Dimensions: 33.33x105
  • Lot Size Sq Ft: 3500
  • Lot Features: Near Public Transit, Near School
  • Parcel Number: 16019-0007
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 3800.32
  • Tax Block: 16019
  • Tax Lot: 7

MLS Schools

  • Elementary School: Lighthouse Elementary School
  • High School: Channel View School For Research
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Nov 29, 2021
Sold by
Garcia Maria Ivonne
Bought by
Weaver Jessica L
Seller's Agent
Sofia Lovinsky
Alexander Madison Realty Inc
Buyer's Agent
Sofia Lovinsky
Alexander Madison Realty Inc
List Price
$795,000
Sold Price
$720,000
Premium/Discount to List
-$75,000
-9.43%
Current Estimated Value
$751,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,157
Avg. Annual Appreciation
1.21%
Original Mortgage
$659,340
Outstanding Balance
$608,749
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,127

Purchase Details

Closed on
Dec 29, 2003
Sold by
Chandler Franklin
Bought by
Garcia Maria Ivonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1999
Sold by
Affordable Housing Group Of New York Inc
Bought by
Chandler Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,600
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Weaver Jessica L $720,000 --
Garcia Maria Ivonne $365,000 --
Chandler Franklin $228,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Jessica L $659,340
Previous Owner Garcia Maria I $66,198
Previous Owner Garcia Maria Ivonne $10,307
Previous Owner Garcia Maria Ivonne $328,500
Previous Owner Chandler Franklin $33,000
Previous Owner Chandler Franklin Luton $47,923
Previous Owner Chandler Franklin Luton $22,300
Previous Owner Chandler Franklin $216,600
Closed Garcia Maria Ivonne $18,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $720,000 -0.7% $360 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/16/2021 08/16/21 Price Changed $725,000 -6.5% $362 / Sq Ft
08/06/2021 08/06/21 Price Changed $775,000 -2.5% $387 / Sq Ft
07/13/2021 07/13/21 Price Changed $795,000 0.0% $397 / Sq Ft
07/13/2021 07/13/21 For Sale $795,000 +10.4% $397 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/30/2021 03/30/21 Off Market $720,000 -- --
03/27/2021 03/27/21 Off Market $720,000 -- --
03/24/2021 03/24/21 For Sale $635,000 -- $317 / 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 $4,581 $22,810 $4,310 $18,500
2024 $4,581 $22,810 $5,165 $17,645
2023 $4,547 $22,637 $5,639 $16,998
2022 $4,263 $32,040 $8,220 $23,820
2021 $3,369 $26,580 $8,220 $18,360
2020 $3,163 $24,600 $8,220 $16,380
2019 $3,119 $27,120 $8,220 $18,900
2018 $1,264 $18,864 $5,362 $13,502
2017 $2,982 $17,797 $6,188 $11,609
2016 $2,735 $17,797 $6,188 $11,609
2015 $2,109 $15,840 $6,840 $9,000
2014 $2,109 $15,840 $6,840 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3297700

OneKey® MLS

APN: 16019-0007