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116 South 8th Street

116 South 8th Street, New Hyde Park, NY 11040
Property in New Hyde Park
Sold May 22, 2017
$568,500
$483,225 by Homebridge Financial Services
Mortgage Due Jun 01, 2047
Sold Jun 02, 2000
$187,000
116 South 8th 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 1902 and is 122 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 116 South 8th Street has 1,183 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 500 ft. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 294 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 stucco. 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 oil. 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. The property was last sold in May 16, 2017 for $568,500. That's $480.56 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2000 for $187,000. 116 South 8th Street was last assessed in 2023. The total value of the property was assessed at $506. Specifically, the land the property is located on was valued at $263. While improvements on the property were assessed at a total of $243. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,373. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 85
  • Garage Type: Detached
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,183
  • Building Area: 1,183
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,183
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF PROPERTY AT KELSEY NEAR HYDE PARK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 205

Ownership

  • Current Owner : KOO JOHN
  • Current Owner 2: WONG WENDY
  • Previous Owner : BAK GRZEGORZ
  • Previous Owner 2: BAK ANETA
  • Owner Before Previous Owner: ESTATE OF MOCULESKI ANNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hyde Park-Garden City Park Union Free School District
  • School Tax School District: 205
  • School Tax District Code 2: NHP
  • Census Tract: 404700

Geography

  • District: 282041
  • Section: 33
  • Parcel: 33-111-00-0280
  • Block: 111
  • Lot: 280-281
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7303
  • Longitude: -73.6864

    Address

  • Full Address: 116 S 8th St
  • Address - House Number: 116
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C055
  • 4-Digit Zip Code: 4853
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,373
  • Tax Rate Code Area: 331

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 707,751
  • High Value: 821,962
  • Low Value: 593,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $483,225
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 22, 2017
  • First Open Lien Mortgage Loan Amount: $483,225
  • 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, 2047

    Market Valuation

  • Market Total Value: $506,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $506
  • Assessed Land Value: $263
  • Assessed Improvements Value: $243

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: May 22, 2017
  • Current Sale Transaction ID: 1588793038
  • Current Sale Price: $568,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201700050719
  • Previous Sale Recording Date: Jun 02, 2000
  • Previous Sale Contract Date: May 24, 2000
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 22, 2017
  • First Mortgage Loan Amount: $483,225
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About New Hyde Park



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Frequently Asked Questions

What neighborhood is 116 South 8th Street located in?
The 116 South 8th Street is a located in the neighborhood of New Hyde Park in New Hyde Park, New Hyde Park.
What is the average sales price for listings in 116 South 8th Street?
The average sales price for units in 116 South 8th Street is $0 currently.

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