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307 5th Avenue

307 5th Avenue, New Rochelle, NY 10801
Property in Rochelle Heights
Sold Feb 18, 2016
$540,000
$585,000 by Municipal Cu
Mortgage Due Oct 01, 2052
Sold Nov 21, 1997
$12,250
307 5th Avenue in New Rochelle, NY was first built in 1972 and is 52 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. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 307 5th Avenue has 2,302 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 500 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. 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. 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, 307 5th Avenue sold most recently in Dec 23, 2015 for a total of $540,000. If you work out the math, that's approximately a cost of $234.58 per sqft. Before that, the property was also sold for $12,250 in Sep 12, 1997. 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 $18,719 in taxes each year. 307 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,900. If we break it down further, the land itself was valued at $2,450. Improvements to the property, however, were assessed at a total of $11,450. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,302
  • Gross Building Area: 2,302
  • Building Area: 2,302
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROCHELLE HEIGHTS
  • Land Acres: 0.15
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : ORTIZ ALBERT
  • Current Owner 2: ORTIZ LILLIAN
  • Previous Owner : MARTINEZ ISABEL
  • Previous Owner 2: DEANGELO ISABEL
  • Owner Before Previous Owner: MARTINEZ RICARDO
  • Owner Before Previous Owner 2: MARTINEZ MARIA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: New Rochelle City School District
  • School Tax School District: NEW ROCHELLE
  • Census Tract: 006500

Geography

  • District: 551000
  • Parcel: 551000 3-876-0012
  • Block: 876
  • Lot: 0.012
  • Municipality: NEW ROCHELLE
  • Latitude: 40.9274
  • Longitude: -73.7781

    Address

  • Full Address: 307 5th Ave
  • Address - House Number: 307
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Rochelle
  • Carrier Code: C030
  • 4-Digit Zip Code: 2009
  • Zip Code: 10801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,719
  • Tax Rate Code Area: 551000

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 842,677
  • High Value: 1,048,318
  • Low Value: 637,035

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $785,383
  • First Open Lien Mortgage Lender: MUNICIPAL CU
  • First Open Lien Mortgage Recording Date: Oct 04, 2022
  • First Open Lien Mortgage Loan Amount: $585,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052
  • Second Open Lien Mortgage Lender: MUNICIPAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 04, 2022
  • Second Open Lien Mortgage Loan Amount: $200,383
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $716,495
  • Market Land Value: $126,289
  • Market Improvement Value: $590,206

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,900
  • Assessed Land Value: $2,450
  • Assessed Improvements Value: $11,450

    Sales

  • Current Sale Contract Date: Dec 23, 2015
  • Current Sale Recording Date: Feb 18, 2016
  • Current Sale Transaction ID: 1692168970
  • Current Sale Price: $540,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 553573620
  • Previous Sale Recording Date: Nov 21, 1997
  • Previous Sale Contract Date: Sep 12, 1997
  • Previous Sale Amount: $12,250
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: UNITED MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 18, 2016
  • First Mortgage Loan Amount: $432,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2046

About Rochelle Heights



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Frequently Asked Questions

What neighborhood is 307 5th Avenue located in?
The 307 5th Avenue is a located in the neighborhood of Rochelle Heights in Rochelle Heights, New Rochelle.
What is the average sales price for listings in 307 5th Avenue?
The average sales price for units in 307 5th Avenue is $0 currently.

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