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112 Norwood Avenue

112 Norwood Avenue, Malverne, NY 11565
Property in Malverne
Sold May 24, 2018
$515,000
$412,000 by Quicken Loans Inc
Mortgage Due Jun 01, 2048
112 Norwood Avenue in Malverne, NY was first built in 1948 and is 76 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 112 Norwood Avenue has 1,812 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 220 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as good. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 112 Norwood Avenue sold most recently in May 11, 2018 for a total of $515,000. If you work out the math, that's approximately a cost of $284.22 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,150 in taxes each year. 112 Norwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $524. If we break it down further, the land itself was valued at $199. Improvements to the property, however, were assessed at a total of $325. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 170
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,812
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Current Owner : CLAIR MICHAEL
  • Previous Owner : RUSSELL TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: MAL
  • Census Tract: 410100

Geography

  • District: 282027
  • Section: 35
  • Parcel: 35-260-00-0214
  • Block: 260
  • Lot: 214
  • Municipality: MALVERNE
  • Latitude: 40.6775
  • Longitude: -73.6726

    Address

  • Full Address: 112 Norwood Ave
  • Address - House Number: 112
  • Address - Street Name: Norwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C005
  • 4-Digit Zip Code: 1449
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,150
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 700,776
  • High Value: 822,438
  • Low Value: 579,113

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 24, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $412,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Market Valuation

  • Market Total Value: $524,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524
  • Assessed Land Value: $199
  • Assessed Improvements Value: $325

    Sales

  • Current Sale Contract Date: May 11, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Transaction ID: 11473417095
  • Current Sale Price: $515,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018-045747

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 24, 2018
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Malverne



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Frequently Asked Questions

What neighborhood is 112 Norwood Avenue located in?
The 112 Norwood Avenue is a located in the neighborhood of Malverne in Malverne, Malverne.
What is the average sales price for listings in 112 Norwood Avenue?
The average sales price for units in 112 Norwood Avenue is $0 currently.

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