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554 Grassmere Terrace, Far Rockaway, NY 11691 Property Information

554 Grassmere Terrace, Far Rockaway, NY 11691 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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554 Grassmere Terrace, Far Rockaway, NY 11691 1
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Address

Primary address 554 Grassmere Terrace
Secondary address 554 GARAGE Grassmere Ter
Neighborhood Far Rockaway
Zip code 11691
Borough Queens
Block & lot 15772-0027

Sales & Tax Overview for 554 Grassmere Terrace, Far Rockaway

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 04/25/2024
Purchase price $599,000
Tax class

Lot & Building Information for 554 Grassmere Terrace, Far Rockaway

Lot sqft 3,010
Lot dimensions 43 ft x 70 ft
Building class One Story - Permanent Living Quarter (A2) i
Building sqft 2,252
Building dimensions 25 ft x 40 ft
Buildings on lot 2
Stories 2
Structure type Old style
Construction type Frame
Exterior wall Aluminum/vinyl
Basement type Full
Garage type Detached, frame garage
Year built 1920
Frontage(s) 2000 CB Boundary(narrow)
Hanson Court(narrow)
Grassmere Terrace(narrow)
Aztec Place(narrow)
Nearest wide street Ocean Crest Boulevard
Distance to wide street
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Zoning & Use for 554 Grassmere Terrace, Far Rockaway

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

School district 27
Community district 14
Closest police station 0.55 Miles
Closest fire station 1.58 Miles
Walk Icon
76 /100
Very Walkable Walk Score
Transit Icon
75 /100
Excellent Transit Transit Score
Bike Icon
62 /100
Bikeable Bike Score

Other Property Data for 554 Grassmere Terrace, Far Rockaway

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Floor area ratio (FAR) for 554 Grassmere Terrace, Far Rockaway, NY 11691, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 554 Grassmere Terrace, Far Rockaway, NY 11691, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 554 GARAGE Grassmere Ter, Far Rockaway, NY 11691

About 554 Grassmere Terrace, Far Rockaway

What is the year built & the total sq. ft. for 554 Grassmere Terrace, Far Rockaway, NY 11691?

554 Grassmere Terrace, Far Rockaway, NY 11691 was built in 1920 and has a total of 2,252 square feet.

What is the assessed value of 554 Grassmere Terrace, Far Rockaway, NY 11691 and the property tax paid?

Assessed at $39,540, the tax amount paid for 554 Grassmere Terrace, Far Rockaway, NY 11691 is $4,393.

When was 554 Grassmere Terrace, Far Rockaway, NY 11691 last sold and what was the last sale price?

554 Grassmere Terrace, Far Rockaway, NY 11691 was last sold in 04/25/2024 for $599,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 554 Grassmere Terrace, Far Rockaway

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Property owner name for 554 Grassmere Terrace, Far Rockaway, NY 11691
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Building contacts for 554 Grassmere Terrace, Far Rockaway, NY 11691
Building management:
Representatives (from permits):
Tenants:


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Past Sales & Property History for 554 Grassmere Terrace, Far Rockaway

Create a free account to view the complete sales history for 554 Grassmere Terrace, Far Rockaway, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/25/2024 $599,000

Title Documents for 554 Grassmere Terrace, Far Rockaway

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Date Type Amount Party 1 Party 2 Doc image
04/25/2024 - D
05/08/2024 - R
Mortgage
(2024050800312002)
04/25/2024 - D
05/08/2024 - R
Deed
(2024050800312001)
04/24/2024 - D
05/08/2024 - R
Satisfaction of mortgage
(2024050800312003)
07/23/2011 - D
08/19/2011 - R
Satisfaction of mortgage
(2011080400660001)
05/16/2007 - D
06/04/2007 - R
Mortgage
(2007052201046001)
05/25/2004 - D
08/10/2004 - R
Mortgage
(2004062500138001)
11/14/2003 - D
05/11/2004 - R
Satisfaction of mortgage
(2003111700222001)
04/23/1999 - R Satisfaction of mortgage
(4300006569830)
12/02/1998 - R Mortgage
(4570006380357)
12/02/1998 - R Satisfaction of mortgage
(4530006389453)
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R: Recorded date
D: Document date

Property Taxes for 554 Grassmere Terrace, Far Rockaway

Access detailed property tax data for 554 Grassmere Terrace, Far Rockaway, NY 11691. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $4,394
Tax assessor's market value: $659,000
Assessed value: $39,540
Exemptions granted by city:

Assessment History for 554 Grassmere Terrace, Far Rockaway

Here's the assessment & property tax history for 554 Grassmere Terrace, Far Rockaway, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate% Base tax Property tax Year over year change
2023/24 $618,000 $37,080 $21,816 20.085% $4,663 $4,382 +0.17%
2022/23 $586,000 $35,160 $21,539 20.309% $4,671 $4,374 +8.12%
2021/22 $486,000 $29,160 $20,269 19.963% $4,334 $4,046 +0.82%
2020/21 $418,000 $25,080 $19,070 21.045% $4,310 $4,013 +5.64%
2019/20 $358,000 $21,480 $17,947 21.167% $4,095 $3,799 +1.52%

Permits for 554 Grassmere Terrace, Far Rockaway

The complete history of permits filed for 554 Grassmere Terrace, Far Rockaway, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Far Rockaway Residential Market Stats

Access a detailed real estate market overview of Far Rockaway so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Far Rockaway and compare it to other neighborhoods in Queens.

Median Sale Price
$552,500
-3.9% YoY
Median Price/Sqft
$348
-3.3% YoY
Queens Median Sale Price
$580,000
11.5% YoY

Check out recently sold homes in Queens and see how their prices compare.

Risk

FEMA flood zone(s): 0.2,AE (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Beach 25th St & Rockaway Frwy at SW Corner
Station lines A
Distance (miles) 0.114
View subway map
Bus Routes
Name Seagirt Bl/Beach 27 St
Distance (miles) 0.22

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Wave Preparatory Elementary School 9 Yes Public PK, K-5 546 0.07
Wave Preparatory Elementary School 9 Yes Public PK, K-5 546 0.07
Reihis Chockma Preschool NR No Private PK, K-8 0 0.11
Reihis Chockma Preschool NR No Private PK, K-8 0 0.11
Challenge Preparatory Charter School 5 No Charter K-9 791 0.23

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Village Academy 6 Yes Public 6-8 376 0.62
Ms 53 Brian Piccolo 3 Yes Public 6-8 227 0.62
Reihis Chockma Preschool NR No Private PK, K-8 0 0.11
Challenge Preparatory Charter School 5 No Charter K-9 791 0.23
Darchei Torah NR No Private PK-12 2,448 0.26

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Darchei Torah NR No Private PK-12 2,448 0.26
Bnos Bais Yaakov / Tichon Meir Moshe NR No Private PK-12 1,104 0.26
Mesivta Yam Hatorah NR No Private 9-12 21 0.26
Bnos Bais Yaakov-Far Rockaway NR No Private PK-12 1,265 0.26
Torah Academy High School NR No Private 9-12 365 0.26

Neighbors for 554 Grassmere Terrace, Far Rockaway

Here are the neighbors for 554 Grassmere Terrace, Far Rockaway, NY 11691.

Address Square feet Purchase date Purchase price
117-19 Nashville Blvd, Cambria Heights 1,440 02/19/2019 $525,000
46-21 Auburndale Ln, Flushing 1,094 07/30/2020 $670,000
118-05 Van Wyck Expy, Jamaica 1,792 07/13/2024
24-32 77th St, East Elmhurst 1,872 01/07/2002
119-11 191st St, Saint Albans 1,568 02/19/2019
145-84 7th Ave, Whitestone 2,080 08/16/2002
131-30 226th St, Springfield Gardens 1,410 06/20/2012
137-26 243rd St, Rosedale 1,832 04/28/2006
143-08 Cronston Ave, Rockaway Park 2,924 02/15/2022 $1,200,000
53-12 Clearview Expy, Oakland Gardens 1,134 01/29/2021 $868,000
40-48 100th St, Corona 2,804 05/24/2023 $1,300,000
62-34 Grand Central Pkwy, Forest Hills 1,496 03/31/1988
164-10 119th Ave, Jamaica 1,558 12/01/2022
143-38 243rd St, Rosedale 840 10/20/2008
108-33 36th Ave, Corona 1,522 11/29/2021
34-34 Linden Pl, Flushing 01/27/2012 $2,384,000
28-42 47th St, Astoria 2,736 03/05/2001
160-16 119th Ave, Jamaica 868 10/31/1997
114-58 175th Pl, Jamaica 1,656 02/08/2006
108-42 39th Ave, Corona 2,040 10/05/2005
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