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227 Elizabeth Street

227 Elizabeth Street, Inwood, NY 11096
Property in Inwood
Sold Mar 27, 2012
$400,000
$487,500 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2052
Local assessors in Inwood, NY have categorized 227 Elizabeth Street as a residential type of property. The home was built in 1888 and is 136 years old. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 227 Elizabeth Street has a total of 1,836 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 330 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 - B-. The building has a roof that is made of shingle (not wood). Lots of stucco 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. 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, 227 Elizabeth Street sold most recently in Mar 21, 2012 for a total of $400,000. If you work out the math, that's approximately a cost of $217.86 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 $7,558 in taxes each year. 227 Elizabeth Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $564. If we break it down further, the land itself was valued at $204. Improvements to the property, however, were assessed at a total of $360. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1888
  • Effective Year Built: 1888
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,836
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 015

Ownership

  • Current Owner : SPIRA ALEXANDER R
  • Current Owner 2: SPIRA SHIRA DEVORA
  • Previous Owner : GIUSTINI RAYMOND
  • Previous Owner 2: GIUSTINI ANDREA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • Census Tract: 411100

Geography

  • District: 282089
  • Section: 40
  • Parcel: 40-081-00-0006
  • Block: 81
  • Lot: 6
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6154
  • Longitude: -73.7459

    Address

  • Full Address: 227 Elizabeth St
  • Address - House Number: 227
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: St
  • State: NY
  • City Name: Inwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 2201
  • Zip Code: 11096

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,558
  • Tax Rate Code Area: 186

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 70
  • Final Value: 843,804
  • High Value: 1,027,159
  • Low Value: 660,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $487,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $487,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $564,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564
  • Assessed Land Value: $204
  • Assessed Improvements Value: $360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 21, 2012
  • Current Sale Recording Date: Mar 27, 2012
  • Current Sale Transaction ID: 1135347698
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed

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Frequently Asked Questions

What neighborhood is 227 Elizabeth Street located in?
The 227 Elizabeth Street is a located in the neighborhood of Inwood in Five Towns, Inwood.
What is the average sales price for listings in 227 Elizabeth Street?
The average sales price for units in 227 Elizabeth Street is $0 currently.

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