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197 Lowell Avenue

197 Lowell Avenue, Floral Park, NY 11001
Property in Floral Park
Sold Aug 18, 2017
$740,000
$592,000 by Citizens Bank
Mortgage Due Aug 01, 2047
197 Lowell Avenue in Floral Park, NY was first built in 1941 and is 83 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. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 197 Lowell Avenue has 2,376 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. The linear feet across the front of the lot is 600 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 6,000 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of shingle (not wood). 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. For those who need parking, there is a detached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 brick. 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 oil. The property was last sold in Jul 12, 2017 for $740,000. That's $311.45 per sqft. 197 Lowell Avenue was last assessed in 2023. The total value of the property was assessed at $716. Specifically, the land the property is located on was valued at $370. While improvements on the property were assessed at a total of $346. 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 $11,549. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1941
  • Effective Year Built: 1941
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 270
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,376
  • Gross Building Area: 2,376
  • Building Area: 2,376
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,376
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF FLORAL PARK HOMES SECTION A
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #2 SCH DIST 122

Ownership

  • Current Owner : CHUNG DAVID HEEJIN
  • Current Owner 2: CHUNG EUBJUNG
  • Previous Owner : DRISCOLL ANNA MARIE
  • Previous Owner 2: LAST WILL AND TESTAMENT OF MAR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Floral Park-Bellerose Union Free School District
  • School Tax School District: 122
  • School Tax District Code 2: FP
  • Census Tract: 302600

Geography

  • District: 282259
  • Section: 8
  • Parcel: 08-073-00-0006
  • Block: 73
  • Lot: 6
  • Municipality: FLORAL PARK
  • Latitude: 40.7304
  • Longitude: -73.7042

    Address

  • Full Address: 197 Lowell Ave
  • Address - House Number: 197
  • Address - Street Name: Lowell
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Floral Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1529
  • Zip Code: 11001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,549
  • Tax Rate Code Area: 876

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 950,887
  • High Value: 1,105,612
  • Low Value: 796,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $592,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Aug 18, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $592,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $716,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $716
  • Assessed Land Value: $370
  • Assessed Improvements Value: $346

    Sales

  • Current Sale Contract Date: Jul 12, 2017
  • Current Sale Recording Date: Aug 18, 2017
  • Current Sale Transaction ID: 1733108605
  • Current Sale Price: $740,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 201700081860

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Aug 18, 2017
  • First Mortgage Loan Amount: $592,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 197 Lowell Avenue located in?
The 197 Lowell Avenue is a located in the neighborhood of Floral Park in Floral Park, Floral Park.
What is the average sales price for listings in 197 Lowell Avenue?
The average sales price for units in 197 Lowell Avenue is $0 currently.

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