342 North Terrace Avenue

342 North Terrace 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 4,792 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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. The property was last sold in Jan 30, 2023 for $635,000. 342 North Terrace Avenue was last assessed in 2023. The total value of the property was assessed at $9,112. Specifically, the land the property is located on was valued at $2,500. While improvements on the property were assessed at a total of $6,612. 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 $14,574. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.