NOT LISTED FOR SALE

Arverne, NY 11692

Arverne Neighborhood

Estimated Value: $963,000 - $1,171,000

5 Beds
3.5 Baths
3,681 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $730,000 $198 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,937/month

48 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • Forced Air Heating System
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of May 2017

This Affordable Two (2) Family Home In The Arverne By The Sea Section Of The Rockaways And Is Conveniently Located In The Heart Of "Palmers Landing" Only Steps To The Beautiful Atlantic Ocean. This Home Features Spacious Bedrooms Including A Master Suite, Eik And Plenty Of Closet Space. Beach Front Living Offers The Opportunity To Live A Lifestyle You Dream About., Additional information: Appearance:Good,Separate Hotwater Heater:2

Last Agent to Sell the Property

Glenn DiResto

Rockaway Beach House Realty Brokerage Phone: 718-945-9267 License #10311207051 Listed on: 12/28/2016

Last Buyer's Agent

Glenn DiResto

Rockaway Beach House Realty Brokerage Phone: 718-945-9267 License #10311207051 Listed on: 12/28/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 2006

Lot Details

  • 2,161 Sq Ft Lot
  • Lot Dimensions are 28x76
  • 1 Common Wall
  • Corner Lot

Parking

  • Private Parking

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Water Views
  • Eat-In Kitchen
  • Wood Flooring
  • Unfinished Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 2006
  • Attribution Contact: 718-945-9267
  • Structure Type: Townhouse
  • CurrentPrice: 730000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: None, Unfinished
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Pool Private: No
  • Spa: No
  • View: Water

Garage/Parking

  • Parking Description: Private

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 28X76
  • Lot Size Sq Ft: 2161
  • Lot Features: Corner Lot
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 1330

MLS Schools

  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Zheng Shi Jin
Bought by
Raena Zheng As Trustee and Shi Jin Zheng Irrevocable Trust
Current Estimated Value
$1,034,077

Purchase Details

Listed on
Dec 28, 2016
Closed on
May 12, 2017
Sold by
Nehmad-Starr Fortune
Bought by
Zheng Shi Jin
Seller's Agent
Glenn DiResto
Rockaway Beach House Realty
Buyer's Agent
Glenn DiResto
Rockaway Beach House Realty
List Price
$719,000
Sold Price
$730,000
Premium/Discount to List
$11,000
1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$411,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2006
Sold by
Benjamin Beechwood Llc
Bought by
Nehmad-Starr Fortune

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Raena Zheng As Trustee -- --
Zheng Shi Jin $730,000 --
Nehmad-Starr Fortune $545,680 --
Nehmad-Starr Fortune $545,680 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zheng Shi Jin $411,000
Previous Owner Nehmad-Starr Fortune $1,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $730,000 -- --
05/12/2017 05/12/17 Sold $730,000 +1.5% $198 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $719,000 -- $195 / 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 $6,222 $37,584 $4,309 $33,275
2024 $6,222 $37,584 $4,550 $33,034
2023 $5,381 $36,404 $4,365 $32,039
2022 $4,508 $47,940 $6,900 $41,040
2021 $3,900 $47,940 $6,900 $41,040
2020 $3,250 $45,900 $6,900 $39,000
2019 $2,656 $45,840 $6,900 $38,940
2018 $2,107 $30,337 $5,334 $25,003
2017 $1,614 $28,620 $5,616 $23,004
2016 $1,331 $28,620 $5,616 $23,004
2015 $571 $26,100 $5,760 $20,340
2014 $571 $26,100 $5,760 $20,340
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Glenn DiResto

    Rockaway Beach House Realty

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Source: OneKey® MLS

MLS Number: L2903457

OneKey® MLS

APN: 16090-0046

New York Queens County Arverne 11692

Arverne

Not Listed for Sale

MultiFamily

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