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243 Magnolia Avenue

243 Magnolia Avenue, Mount Vernon, NY 10552
Property in North Side
Sold Aug 06, 2015
$371,000
$364,280 by New Penn Financial Llc
Mortgage Due Aug 01, 2045
Sold Feb 10, 2015
$1,187,346
243 Magnolia Avenue has been categorized by the local assessors in Mount Vernon, NY as a residential type of property. The area measurement of the land has been determined as 7,841 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jul 31, 2015 for $371,000. Prior to that sales transaction, the property was also sold in Dec 17, 2014 for $1,187,346. 243 Magnolia Avenue was last assessed in 2023. The total value of the property was assessed at $12,000. Specifically, the land the property is located on was valued at $4,200. While improvements on the property were assessed at a total of $7,800. 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 $19,193. 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! 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAILEY PARK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OSEI TUTU CHARLES
  • Previous Owner : HSBC BANK USA NA
  • Owner Before Previous Owner: ALLEN CATHERINE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mount Vernon School District
  • School Tax School District: MOUNT VERNON
  • Census Tract: 015100

Geography

  • Account Number: 042970
  • District: 550800
  • Section: 165.50
  • Parcel: 550800 165.50-2114-14
  • Block: 2114
  • Lot: 14.000
  • Municipality: MT VERNON
  • Latitude: 40.9189
  • Longitude: -73.8175

    Address

  • Full Address: 243 Magnolia Ave
  • Address - House Number: 243
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mount Vernon
  • Carrier Code: C026
  • 4-Digit Zip Code: 3752
  • Zip Code: 10552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,193
  • Tax Rate Code Area: 550800

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 798,866
  • High Value: 968,087
  • Low Value: 629,645

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $513,280
  • First Open Lien Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Aug 06, 2015
  • First Open Lien Mortgage Loan Amount: $364,280
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045
  • Second Open Lien Mortgage Lender: WEBSTER BANK NA
  • Second Open Lien Mortgage Recording Date: May 30, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $149,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 06, 2049

    Market Valuation

  • Market Total Value: $701,754
  • Market Land Value: $245,614
  • Market Improvement Value: $456,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $7,800

    Sales

  • Current Sale Contract Date: Jul 31, 2015
  • Current Sale Recording Date: Aug 06, 2015
  • Current Sale Transaction ID: 1368340796
  • Current Sale Price: $371,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 552093688
  • Previous Sale Recording Date: Feb 10, 2015
  • Previous Sale Contract Date: Dec 17, 2014
  • Previous Sale Amount: $1,187,346
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Mortgage Transaction Date: Aug 06, 2015
  • First Mortgage Loan Amount: $364,280
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

About North Side



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Frequently Asked Questions

What neighborhood is 243 Magnolia Avenue located in?
The 243 Magnolia Avenue is a located in the neighborhood of North Side in North Side, Mount Vernon.
What is the average sales price for listings in 243 Magnolia Avenue?
The average sales price for units in 243 Magnolia Avenue is $0 currently.

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