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1314 Belmont Avenue

1314 Belmont Avenue, New Hyde Park, NY 11040
Property in New Hyde Park
Sold Apr 20, 2012
$578,000
$417,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2042
1314 Belmont Avenue in New Hyde Park, NY was first built in 1952 and is 72 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. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1314 Belmont Avenue has 2,531 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. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. 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. 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 C+. The condition of the building has been evaluated as average. 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 gas. 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, 1314 Belmont Avenue sold most recently in Apr 5, 2012 for a total of $578,000. If you work out the math, that's approximately a cost of $228.37 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 $12,589 in taxes each year. 1314 Belmont Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $786. If we break it down further, the land itself was valued at $268. Improvements to the property, however, were assessed at a total of $518. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1952
  • Effective Year Built: 1952
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 2,531
  • Building Area: 2,531
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,531
  • 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 : LEE WEI L
  • Current Owner 2: LEE MELISSA
  • Previous Owner : GILFORD DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 005
  • School Tax District Code 2: NP
  • Census Tract: 303000

Geography

  • District: 282227
  • Section: 8
  • Parcel: 08-197-00-0016
  • Block: 197
  • Lot: 16-17
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7357
  • Longitude: -73.6834

    Address

  • Full Address: 1314 Belmont Ave
  • Address - House Number: 1314
  • Address - Street Name: Belmont
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 4218
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,589
  • Tax Rate Code Area: 733

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,080,246
  • High Value: 1,275,708
  • Low Value: 884,785

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $617,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 20, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Apr 01, 2042
  • Second Open Lien Mortgage Lender: BAY RIDGE FCU
  • Second Open Lien Mortgage Recording Date: Jan 18, 2018
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $786,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $786
  • Assessed Land Value: $268
  • Assessed Improvements Value: $518

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2012
  • Current Sale Recording Date: Apr 20, 2012
  • Current Sale Transaction ID: 1194576386
  • Current Sale Price: $578,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012042001327

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 20, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2042

About New Hyde Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1314 Belmont Avenue located in?
The 1314 Belmont 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 1314 Belmont Avenue?
The average sales price for units in 1314 Belmont Avenue is $0 currently.

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