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149-38 116th Street

149-38 116th Street, South Ozone Park, NY 11420
Property in South Ozone Park
Sold Mar 05, 1998
$255,000
$487,500 by Option One Mortgage Corp
Mortgage
149-38 116th Street in South Ozone Park, NY was first built in 1950 and is 74 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 duplex style. There are a total of 2 floors. The linear feet across the front of the lot is 400 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 4,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. 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, 149-38 116th Street was last sold in Feb 2, 1998 for $255,000. According to our calculations, that's $227.27 per sqft. Current property owners are expected to pay $6,160 in taxes per year. The property on 149-38 116th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,672. To break that down further, the land itself was valued at $7,049. While improvements to the property were assessed at a total of $23,623. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,122
  • Gross Building Area: 1,122
  • Building Area: 1,122
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : PICHARDO LEONARD A
  • Current Owner 2: POLANCO BELGICA
  • Previous Owner : MUNOZ JOSE
  • Previous Owner 2: MUNOZ MERCEDES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: QUEENS
  • Census Tract: 084601

Zoning

  • Zoning: R3X

Geography

  • Account Number: 4-11816-0057
  • Section: 5105
  • Parcel: 11816-0057
  • Block: 11816
  • Lot: 57
  • Municipality: SOUTH OZONE PARK
  • Latitude: 40.6682
  • Longitude: -73.8248

    Address

  • Full Address: 14938 116th St
  • Address - House Number: 14938
  • Address - Street Name: 116th
  • Address - Suffix Type: St
  • State: NY
  • City Name: South Ozone Park
  • Carrier Code: C047
  • 4-Digit Zip Code: 3905
  • Zip Code: 11420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,160

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 74
  • Final Value: 853,546
  • High Value: 1,019,975
  • Low Value: 687,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $487,500
  • First Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 06, 2006
  • First Open Lien Mortgage Loan Amount: $487,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $731,000
  • Market Land Value: $168,000
  • Market Improvement Value: $563,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,672
  • Assessed Land Value: $7,049
  • Assessed Improvements Value: $23,623

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 02, 1998
  • Current Sale Recording Date: Mar 05, 1998
  • Current Sale Transaction ID: 1195313067
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MADISON HOME EQUITIES INC
  • First Mortgage Transaction Date: Mar 05, 1998
  • First Mortgage Loan Amount: $229,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2028

About Southwestern Queens



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Frequently Asked Questions

What neighborhood is 149-38 116th Street located in?
The 149-38 116th Street is a located in the neighborhood of South Ozone Park in Southwestern Queens, South Ozone Park.
What is the average sales price for listings in 149-38 116th Street?
The average sales price for units in 149-38 116th Street is $0 currently.

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