by RH Advisors

See Home Value
$848,800
House - Off Market

2502 Balsam Avenue

East Meadow, NY 11554
bedrooms
6 Beds
bathrooms
2 Baths
$946,472
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

A Rare Gem! Updated in the Heart of East Meadow with 6+ Bedrooms and Walk in Closets! 3+ Beds on the main floor and 3 above. Two Laundry Rooms, Both Levels Offer Sprawling Floorplans, CAC, Leased Solar Panel Energy Savings, In-Ground Sprinklers, Light Bright & Airy! Perfect Opportunity for Extended Family or Income. Don't Miss it!
Unit Size
-
Days on Market
114 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,311
HOA Dues
-
Year Built
1950
Last updated: 8 months ago (OneKey MLS #3331387)

Price History

Date / Event Date Event Price
Nov 11, 2021 Sold $848,800
Sold
Aug 3, 2021 In contract -
In contract
Jul 20, 2021 Listed by Shane's Anchor Realty Corp $848,800
Listed by Shane's Anchor Realty Corp
Sep 15, 2017 Sold to Abdul Baig, Arsalan Baig $590,000
Sold to Abdul Baig, Arsalan Baig

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 460
  • Total Building Area: 3,126
  • Gross Building Area: 3,126
  • Building Area: 3,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,126
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF CAMBRIDGE ESTATES SECTION 1
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 003

Ownership

  • Current Owner : ZHENG JIN RONG
  • Current Owner 2: HUANG XIAOLING
  • Previous Owner : BAIG ARSALAN
  • Previous Owner 2: BAIG SHABANA
  • Owner Before Previous Owner: DICKER BARBARA
  • Owner Before Previous Owner 2: DICKER SHELDON M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Meadow Union Free School District
  • School Tax School District: 003
  • Census Tract: 408300

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-273-00-0006
  • Block: 273
  • Lot: 6
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7121
  • Longitude: -73.5425

    Address

  • Full Address: 2502 Balsam Ave
  • Address - House Number: 2502
  • Address - Street Name: Balsam
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: East Meadow
  • Carrier Code: C011
  • 4-Digit Zip Code: 4208
  • Zip Code: 11554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,902
  • Tax Rate Code Area: 328

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 891,231
  • High Value: 1,037,055
  • Low Value: 745,408

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $624,589
  • First Open Lien Mortgage Lender: EAST COAST CAPITAL CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 15, 2017
  • First Open Lien Mortgage Loan Amount: $570,308
  • 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: Sep 01, 2047
  • Second Open Lien Mortgage Lender: HUD
  • Second Open Lien Mortgage Recording Date: Jun 01, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $54,281
  • Second Open Lien Mortgage Term: 314
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $680,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680
  • Assessed Land Value: $248
  • Assessed Improvements Value: $432

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11873663863
  • Current Sale Price: $848,800
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-153304
  • Previous Sale Recording Date: Sep 15, 2017
  • Previous Sale Contract Date: Sep 07, 2017
  • Previous Sale Amount: $590,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $499,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: EAST COAST CAPITAL CORPORATION
  • Previous Mortgage Transaction Date: Sep 15, 2017
  • Previous Mortgage Loan Amount: $570,308
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4 Baths
-
$735,000 Mar 3, 2022
$735,000 May 5, 2022
$1,038/mo
House
6 Beds
4 Baths
-
$759,000 Oct 26, 2020
$759,000 Mar 16, 2021
$1,384/mo
House
6 Beds
4 Baths
-
$740,000 Apr 1, 2021
$740,000 Aug 30, 2021
$1,352/mo
House
6 Beds
3 Baths
-
$990,000 Sep 27, 2021
$990,000 Jun 3, 2022
$1,324/mo
House
6 Beds
3 Baths
-
$810,000 Jan 24, 2022
$810,000 Apr 5, 2022
$1,396/mo
House
5 Beds
3 Baths
-
$830,000 Aug 1, 2022
$830,000 Nov 17, 2022
$1,320/mo
House
6 Beds
2 Baths
-
$819,000 Sep 6, 2023
-
$1,068/mo
House
6 Beds
4 Baths
-
$939,000 Apr 19, 2023
-
$1,037/mo
House
5 Beds
4 Baths
-
$999,999 Aug 17, 2023
-
$1,093/mo
House
5 Beds
3 Baths
-
$769,999 May 11, 2023
-
$897/mo
House
5 Beds
2 Baths
-
$729,000 Jun 23, 2023
-
$1,132/mo
House
5 Beds
4 Baths
-
$849,000 Jun 27, 2022
-
$894/mo

About East Meadow


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Nearby Rentals



Frequently Asked Questions

When was property at 2502 Balsam Avenue built and last sold?
The property at 2502 Balsam Avenue was built in 1950 and last sold on Nov 8, 2021 for $848,800.
How much is this home worth?
The estimated value of the home located at 2502 Balsam Avenue is $857,288.
What are some comparable homes to 2502 Balsam Avenue?
There are currently no comparable homes to 2502 Balsam Avenue.

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