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1047 North 5th Street

1047 North 5th Street, New Hyde Park, NY 11040
Sold Jul 22, 2011
$360,000
$270,000 by Hsbc Bank Usa
Mortgage Due Aug 01, 2041
1047 North 5th Street has been categorized by the local assessors in New Hyde Park, NY as a residential type of property. The building on the property was first built in 1937 and is 87 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1047 North 5th Street has 1,308 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1047 North 5th Street was last sold in Jul 13, 2011 for $360,000. According to our calculations, that's $275.23 per sqft. Current property owners are expected to pay $10,958 in taxes per year. The property on 1047 North 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $604. To break that down further, the land itself was valued at $300. While improvements to the property were assessed at a total of $304. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 98
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,308
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 005

Ownership

  • Current Owner : CHUMMAR PRICNE
  • Current Owner 2: CHUMMAR JOMOL
  • Previous Owner : HUNT KATHLEEN
  • Previous Owner 2: DERYCH KENNETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hyde Park-Garden City Park Union Free School District
  • School Tax School District: 005
  • Census Tract: 302700

Geography

  • District: 282289
  • Section: 8
  • Parcel: 08-007-00-0120
  • Block: 7
  • Lot: 120
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7408
  • Longitude: -73.6955

    Address

  • Full Address: 1047 N 5th St
  • Address - House Number: 1047
  • Street Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C045
  • 4-Digit Zip Code: 2939
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,958
  • Tax Rate Code Area: 883

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 730,852
  • High Value: 848,790
  • Low Value: 612,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Jul 22, 2011
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2041

    Market Valuation

  • Market Total Value: $604,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604
  • Assessed Land Value: $300
  • Assessed Improvements Value: $304

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2011
  • Current Sale Recording Date: Jul 22, 2011
  • Current Sale Transaction ID: 1122416690
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2011072202092

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Jul 22, 2011
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2041

About North New Hyde Park



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Frequently Asked Questions

What neighborhood is 1047 North 5th Street located in?
The 1047 North 5th Street is a located in the neighborhood of North New Hyde Park in North New Hyde Park, New Hyde Park.
What is the average sales price for listings in 1047 North 5th Street?
The average sales price for units in 1047 North 5th Street is $0 currently.

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