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3 Prospect Avenue

3 Prospect Avenue, Averill Park, NY 12018
Property in Sand Lake
Sold Jan 11, 2012
$87,234
Buyer
Seller
$140,000 by M & T Bank
Mortgage Due Sep 01, 2052
Sold Jun 09, 2008
$70,000
$50,000 by Bryce D Wallace
Mortgage
3 Prospect Avenue has been categorized by the local assessors in Averill Park, NY as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3 Prospect Avenue has 1,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,038 ft and across the front of the lot is 952 ft. The area measurement of the land has been determined as 3,049 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 80 sqft. Residents will have the luxury of enjoying both a covered porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of a material which is produced from two or more constituent materials. In terms of heating, it is utilizing electric heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a well 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. 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, 3 Prospect Avenue sold most recently in Jan 6, 2012 for a total of $87,234. If you work out the math, that's approximately a cost of $72.70 per sqft. Before that, the property was also sold for $70,000 in Jun 2, 2008. 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 $2,439 in taxes each year. 3 Prospect Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $77,500. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $62,500. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 80
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Depth Feet: 1,038
  • Lot Size Frontage Feet: 952
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KAINER GARY
  • Previous Owner : JOB ROBERT P
  • Owner Before Previous Owner: TRUSTEE READ II ARTHUR M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Averill Park Central School District
  • School Tax School District: AVERILL PARK
  • Census Tract: 052203

Zoning

  • Zoning: R

Geography

  • Account Number: 305J131770
  • District: 384000
  • Section: 159.01
  • Parcel: 384000 159.1-1-33
  • Block: 1
  • Lot: 33.000
  • Municipality: SAND LAKE
  • Latitude: 42.631
  • Longitude: -73.5573

    Address

  • Full Address: 3 Prospect Ave
  • Address - House Number: 3
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Averill Park
  • Carrier Code: R001
  • 4-Digit Zip Code: 9590
  • Zip Code: 12018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,439
  • Tax Rate Code Area: 384001

    Appraisal Valuation

  • Standard Deviation: 0.1122
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 88
  • Final Value: 194,055
  • High Value: 215,846
  • Low Value: 172,265

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Aug 26, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Sep 01, 2052
  • Second Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • Second Open Lien Mortgage Recording Date: Feb 26, 2024
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Feb 26, 2054

    Market Valuation

  • Market Total Value: $105,227
  • Market Land Value: $20,367
  • Market Improvement Value: $84,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,500
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $62,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2012
  • Current Sale Recording Date: Jan 11, 2012
  • Current Sale Transaction ID: 1195404373
  • Current Sale Price: $87,234
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 09, 2008
  • Previous Sale Contract Date: Jun 02, 2008
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: M&T BANK NA
  • First Mortgage Transaction Date: Jan 11, 2012
  • First Mortgage Loan Amount: $89,014
  • First Mortgage Terms: 371
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: BRYCE D WALLACE
  • Previous Mortgage Transaction Date: Jun 09, 2008
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Averill Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3 Prospect Avenue located in?
The 3 Prospect Avenue is a located in the neighborhood of Sand Lake in Averill Park, Averill Park.
What is the average sales price for listings in 3 Prospect Avenue?
The average sales price for units in 3 Prospect Avenue is $0 currently.

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