NOT LISTED FOR SALE

7024 Sandy Dune Way Arverne, NY 11692

Arverne Neighborhood

Estimated Value: $1,164,000 - $1,266,000

5 Beds
3.5 Baths
2,944 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $990,000 $336 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,099/month

Highlights

  • Beach Front
  • Contemporary Architecture
  • Eat-In Kitchen
  • Rooftop Deck
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of October 2020

LIVE WHERE THE WATER MEETS THE SKY!Fabulous 2 family home in a quiet enclave at Arverne by the Sea. Refreshing salt air, grassy sand dunes and the majestic and rugged Atlantic Ocean add to the allure of this income producing property. Spacious Admiralty model offers duplex owners unit with upgraded kitchen with SS appliances, mosaic glass backsplash and wood tile floors, landscaped back yard oasis with pavers, lush grass, mature flowering plantings and garden shed. 2nd floor has 3 BR including massive master suite with ocean views. Tenants apartment is awash in light and windows, 2 ocean view BR and rooftop deck with stunning views! Tax abated til 2028! Commute to the city by ferry, A train or bus and return to your sanctuary by the sea., Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Last Agent to Sell the Property

Lisa Jackson

ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #10311202274 Listed on: 04/16/2020

Co-Listed By

Barbara Ferguson

ROCKAWAY PROPERTIES Brokerage Phone: 718-634-3134 License #30FE1171784

Last Buyer's Agent

Christopher Tomeo

Keller Williams Landmark II License #10401221111

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 2007

Lot Details

  • 2,781 Sq Ft Lot
  • Lot Dimensions are 27x103
  • Beach Front
  • Fenced

Home Design

  • Duplex
  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • Window Screens
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Rooftop Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, heat

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,953

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Duplex
  • Levels: Multi/Split
  • Year Built: 2007
  • Attribution Contact: 718-634-3134
  • Co List Office Mls Id: KEYRKW01
  • Co List Office Phone: 718-634-3134
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Primary Bathroom, Walk-In Closet(s)
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • Fireplace: No
  • Window Features: Blinds, Screens, Storm Window(s)
  • Basement YN: No

Exterior Features

  • Other Structures: Shed(s)
  • Waterfront Features: Beach Front, Ocean Front
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • Exterior Features: Roof Deck
  • Patio and Porch Features: Patio
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached, Garage Door Opener, Private

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 27x103
  • Lot Size Sq Ft: 2781
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 2953

MLS Schools

  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Oct 21, 2020
Sold by
Hoglund Andrew and Hoglund Gisel
Bought by
Tomeo Christopher and Tomeo Marcela Aires
Seller's Agent
Lisa Jackson
ROCKAWAY PROPERTIES
Buyer's Agent
Christopher Tomeo
Keller Williams Landmark II
List Price
$990,000
Sold Price
$990,000
Current Estimated Value
$1,216,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,728
Avg. Annual Appreciation
3.04%
Original Mortgage
$792,000
Outstanding Balance
$706,374
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$438,814

Purchase Details

Closed on
Dec 29, 2008
Sold by
Benjamin-Beechwood Breakers Llc
Bought by
Hoglund Andrew and Hoglund Gisel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,040
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Tomeo Christopher $990,000 --
Hoglund Andrew $799,000 --
Hoglund Andrew $799,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomeo Christopher $792,000
Closed Tomeo Christopher $98,900
Previous Owner Hoglund Andrew $11,222
Previous Owner Hoglund Andrew $278,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $990,000 0.0% $336 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $990,000 -- $336 / 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 $6,249 $50,026 $14,730 $35,296
2024 $6,249 $47,390 $14,833 $32,557
2023 $5,242 $44,708 $13,692 $31,016
2022 $4,714 $56,100 $18,780 $37,320
2021 $4,206 $53,760 $18,780 $34,980
2020 $3,434 $52,380 $18,780 $33,600
2019 $2,919 $48,300 $18,780 $29,520
2018 $2,692 $37,257 $14,668 $22,589
2017 $2,851 $36,824 $15,454 $21,370
2016 $2,363 $36,824 $15,454 $21,370
2015 $1,173 $34,884 $13,370 $21,514
2014 $1,173 $32,910 $12,065 $20,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3211624

OneKey® MLS

APN: 16092-0015