NOT LISTED FOR SALE

Estimated Value: $788,000 - $1,085,000

4 Beds
3 Baths
1,631 Sq Ft
$581/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $765,000 $469 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,182/month

99 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • 2-minute walk to Rockaway Avenue (A,C Line)

About This Home

As of May 2019

This is a great opportunity to buy a two-family brick home, well located in the trendy Ocean Hill. The first floor of this property features a living room, kitchen, bathroom and a beautiful private backyard. The second floor has a bathroom and boasts 2 bedrooms with plenty of closets and ample natural light through large windows. The basement is unfinished and features a private entrance.

The other apartment in the second floor features 1 bath, 2 bedrooms and a kitchen as well as it?s own private entrance. This spacious house offers tremendous flexibility and potential It can be used as an owner's duplex with rental income. Located with close proximity to major transportation, schools, shopping centers, Cafes and highways! also situated just a short distance from the A,C,J,Z & L trains.

All Offer In Writing To Listing Broker.Offers should be made in writing with proof of funds.

Property Details:
Building sqft: 1,633
Zoned: R6, C2-3
Lot Dimensions: 15.75 ft x 100 ft

Last Agent to Sell the Property

Elizabeth Vega

R New York License #10401260241 Listed on: 11/21/2018

R New York

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 1,568

Home Design

  • Pre War Building

Interior Spaces

  • 1,631 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Lot Dimensions are 15.0 x 100.0
  • Window Unit Cooling System

Community Details

  • Ocean Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 79 / 1539

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Rockaway Avenue/Mother Gaston Boulevard
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ocean Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 1631.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Lot Info

  • Lot Size Dimensions: 15.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 1539
  • Tax Lot: 79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
May 9, 2019
Sold by
Veiga Stephanie and Williams Stephanie
Bought by
Cerf Stephen
Seller's Agent
Elizabeth Vega
R New York
List Price
$765,000
Sold Price
$765,000
Current Estimated Value
$947,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,266
Avg. Annual Appreciation
3.24%
Original Mortgage
$550,000
Outstanding Balance
$480,558
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$466,708

Purchase Details

Closed on
Dec 20, 2012
Sold by
Rbs Homes Inc
Bought by
Veiga Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,455
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2012
Sold by
Quito Annie
Bought by
Rbs Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2008
Sold by
Nash Bruce
Bought by
Quito Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Vanrossum Faye
Bought by
Nash Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Williams Johnny and Williams Yolanda
Bought by
Vanrossum Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2001
Sold by
Watson Dorrett
Bought by
Ortanne Enterprises Ltd

Purchase Details

Closed on
Feb 28, 2000
Sold by
Ortanne Enterprises Ltd
Bought by
Williams Johnny and Williams Yolanda

Purchase Details

Closed on
Jul 22, 1997
Sold by
Oliver James
Bought by
Watson Dorrett
Source: Public Records
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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
Cerf Stephen $765,000 --
Cerf Stephen $765,000 --
Veiga Stephanie $442,000 --
Veiga Stephanie $442,000 --
Rbs Homes Inc $175,000 --
Rbs Homes Inc $175,000 --
Quito Annie $650,000 --
Quito Annie $650,000 --
Nash Bruce $550,000 --
Nash Bruce $550,000 --
Vanrossum Faye $492,900 --
Vanrossum Faye $492,900 --
Ortanne Enterprises Ltd $147,000 Stewart Title
Ortanne Enterprises Ltd $147,000 Stewart Title
Williams Johnny $63,000 Commonwealth Land Title Ins
Williams Johnny $63,000 Commonwealth Land Title Ins
Watson Dorrett $30,000 Commonwealth Land Title Ins
Watson Dorrett $30,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerf Stephen $550,000
Closed Cerf Stephen $550,000
Previous Owner Veiga Stephanie $433,455
Previous Owner Rbs Homes Inc $185,000
Previous Owner Quito Annie $585,000
Previous Owner Nash Bruce $110,000
Previous Owner Nash Bruce $440,000
Previous Owner Vanrossum Faye $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2019 05/09/19 Sold $765,000 0.0% $469 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
11/21/2018 11/21/18 For Sale $765,000 -- $469 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $3,323 $50,880 $15,420 $35,460
2024 $3,323 $58,440 $15,420 $43,020
2023 $3,170 $71,700 $15,420 $56,280
2022 $2,940 $58,680 $15,420 $43,260
2021 $3,100 $45,300 $15,420 $29,880
2020 $1,677 $45,960 $15,420 $30,540
2019 $2,592 $50,700 $15,420 $35,280
2018 $2,354 $13,009 $3,591 $9,418
2017 $2,202 $12,273 $4,687 $7,586
2016 $2,144 $12,273 $4,764 $7,509
2015 $1,397 $12,180 $7,109 $5,071
2014 $1,397 $11,491 $6,904 $4,587
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10526366

Real Estate Board of New York (REBNY)

APN: 01539-0079