Check Availability

1425 Park Avenue

1425 Park Avenue, New Hyde Park, NY 11040
Property in New Hyde Park
Sold Mar 20, 2018
$800,000
$499,000 by Cathay Bank
Mortgage
Sold Jun 30, 2017
$499,000
Local assessors in New Hyde Park, NY have categorized 1425 Park Avenue as a residential type of property. The home was built in 1968 and is 56 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 raised ranch style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 1425 Park Avenue has a total of 1,979 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 860 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage underground or in the basement for those who need a place to park their vehicle. 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 fair. 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 alum/vinyl siding 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 oil. 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, 1425 Park Avenue was last sold in Mar 12, 2018 for $800,000. According to our calculations, that's $404.24 per sqft. Prior to that sales transaction, the property was sold for $499,000 in Jun 16, 2017. Current property owners are expected to pay $11,775 in taxes per year. The property on 1425 Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $621. To break that down further, the land itself was valued at $269. While improvements to the property were assessed at a total of $352. 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: 1968
  • Effective Year Built: 1968
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 860
  • Garage Type: Underground/basement
  • 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: 1,979
  • Gross Building Area: 1,979
  • Building Area: 1,979
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,979
  • Heating Fuel Type: Oil

    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 : LIN JIN
  • Current Owner 2: YOU WEN ZHONG
  • Previous Owner : WELLGAIN REALTY LLC
  • Owner Before Previous Owner: WILMINGTON SAVINGS FUND SOCIETY FSB 2014
  • 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: 08-200-00-0030
  • Block: 200
  • Lot: 30-31
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7351
  • Longitude: -73.6809

    Address

  • Full Address: 1425 Park Ave
  • Address - House Number: 1425
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C036
  • 4-Digit Zip Code: 4252
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,775
  • Tax Rate Code Area: 733

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 950,975
  • High Value: 1,126,206
  • Low Value: 775,745

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $499,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Mar 20, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $499,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $621,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $621
  • Assessed Land Value: $269
  • Assessed Improvements Value: $352

    Sales

  • Current Sale Contract Date: Mar 12, 2018
  • Current Sale Recording Date: Mar 20, 2018
  • Current Sale Transaction ID: 11452193128
  • Current Sale Price: $800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018-024858
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Contract Date: Jun 16, 2017
  • Previous Sale Amount: $499,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Mar 20, 2018
  • First Mortgage Loan Amount: $499,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About New Hyde Park



Similar Buildings

Property at 1425 Park Avenue,

1634 Belmont Avenue

  • 1 Unit for Sale
  • 2 Stories
1634 Belmont Avenue, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

1 Brisbane Street

  • 1 Unit for Sale
  • 1 Story
1 Brisbane Street, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

118 Covert Avenue

  • 1 Unit for Sale
  • 2 Stories
118 Covert Avenue, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

124 Covert Avenue

  • 1 Unit for Sale
124 Covert Avenue, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

1312 Terrace Boulevard

  • 1 Unit for Sale
  • 1 Story
1312 Terrace Boulevard, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

6 South 4th Street

  • 1 Unit for Sale
  • 2 Stories
6 South 4th Street, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

13 Jara Court

  • 1 Unit for Sale
  • 1 Story
13 Jara Court, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

211 Brooklyn Avenue

  • 1 Unit for Sale
  • 2 Stories
211 Brooklyn Avenue, New Hyde Park, NY 11040
Property at 1425 Park Avenue,

16 South 3rd Street

  • 1 Unit for Sale
  • 2 Stories
16 South 3rd Street, New Hyde Park, NY 11040

Nearby Rentals

Unit for rent at 405 Jericho Turnpike, New Hyde Park, NY, 11040

$5,000 /mo

  • 1 Bed
  • 2 Baths
  • 1,800 ft²
405 Jericho Turnpike, New Hyde Park, NY, 11040 Listing by Raj K Jaggi
Unit for rent at 425 Marcellus, Mineola, NY, 11501

$4,500 /mo

  • 3 Beds
  • 2 Baths
425 Marcellus, Mineola, NY, 11501 Listing by Xiaoli Xie
Unit for rent at 1489 New Hyde Park Drive, New Hyde Park, NY, 11040

$4,700 /mo

  • 4 Beds
  • 2 Baths
  • 6,511 ft²
1489 New Hyde Park Drive, New Hyde Park, NY, 11040 Listing by Ashley Goll
Unit for rent at 31 Evergreen Lane, New Hyde Park, NY, 11040

$4,600 /mo

  • 4 Beds
  • 1 Bath
  • 1,414 ft²
31 Evergreen Lane, New Hyde Park, NY, 11040 Listing by Lisa Lei

Frequently Asked Questions

What neighborhood is 1425 Park Avenue located in?
The 1425 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 1425 Park Avenue?
The average sales price for units in 1425 Park Avenue is $0 currently.

Quantcast