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1304 Park Avenue

1304 Park Avenue, New Hyde Park, NY 11040
Property in New Hyde Park
Sold Feb 26, 2014
$525,000
$270,000 by Summit Mortgage Bankers Inc
Mortgage Due Mar 01, 2044
Sold Oct 01, 2008
$423,000
Local assessors in New Hyde Park, NY have categorized 1304 Park Avenue as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 4,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1304 Park Avenue has a total of 1,237 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of shingle (not wood). Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 1304 Park Avenue sold most recently in Feb 5, 2014 for a total of $525,000. If you work out the math, that's approximately a cost of $424.41 per sqft. Before that, the property was also sold for $423,000 in Sep 17, 2008. 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 $10,927 in taxes each year. 1304 Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $617. If we break it down further, the land itself was valued at $300. Improvements to the property, however, were assessed at a total of $317. 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: 1949
  • Effective Year Built: 1949
  • 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: Cape Cod
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 72
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,237
  • Building Area: 1,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,237
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF NEW HYDE PARK MANOR
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 005

Ownership

  • Current Owner : LEE BRIAN H
  • Current Owner 2: CHANG HUEI CHEN
  • Previous Owner : NAIR DEEPAK G
  • Previous Owner 2: NAIR GAYATHRI
  • Owner Before Previous Owner: JOSEPHSON PATRICIA
  • Owner Before Previous Owner 2: DEVLIN HELEN
  • 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
  • School Tax District Code 2: NP
  • Census Tract: 303000

Geography

  • District: 282227
  • Section: 8
  • Parcel: 08-201-00-0013
  • Block: 201
  • Lot: 13-14
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7343
  • Longitude: -73.6831

    Address

  • Full Address: 1304 Park Ave
  • Address - House Number: 1304
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 4251
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,927
  • Tax Rate Code Area: 733

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 784,320
  • High Value: 923,701
  • Low Value: 644,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Feb 26, 2014
  • 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: Mar 01, 2044

    Market Valuation

  • Market Total Value: $617,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617
  • Assessed Land Value: $300
  • Assessed Improvements Value: $317

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2014
  • Current Sale Recording Date: Feb 26, 2014
  • Current Sale Transaction ID: 1115617137
  • Current Sale Price: $525,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2014022601011
  • Previous Sale Recording Date: Oct 01, 2008
  • Previous Sale Contract Date: Sep 17, 2008
  • Previous Sale Amount: $423,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Feb 26, 2014
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2044

About New Hyde Park



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Frequently Asked Questions

What neighborhood is 1304 Park Avenue located in?
The 1304 Park Avenue 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 1304 Park Avenue?
The average sales price for units in 1304 Park Avenue is $0 currently.

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