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372 Marguerite Avenue

372 Marguerite Avenue, Floral Park, NY 11001
Sold Mar 07, 2023
$507,000
$300,000 by Cathay Bank
Mortgage Due Mar 01, 2053
Local assessors in Floral Park, NY have categorized 372 Marguerite Avenue as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 2,436 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 280 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 372 Marguerite Avenue has a total of 1,129 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a roof that is made of shingle (not wood). Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 372 Marguerite Avenue sold most recently in Feb 13, 2023 for a total of $507,000. If you work out the math, that's approximately a cost of $449.07 per sqft. 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 $2,359 in taxes each year. 372 Marguerite Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $362. If we break it down further, the land itself was valued at $142. Improvements to the property, however, were assessed at a total of $220. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Driveway

Shared Driveway

Parking

Detached Garage
Detached Garage: 1 Space

Location

Near Public Transit
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,436
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,129
  • Building Area: 1,129
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,129
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.056
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 016

Ownership

  • Current Owner : LAU WAN TING
  • Current Owner 2: QI PENG
  • Previous Owner : DIVITA SUSAN ANN
  • Previous Owner 2: DIVITA THOMAS P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • School Tax District Code 2: FPS
  • Census Tract: 404800

Geography

  • District: 282031
  • Section: 32
  • Parcel: 32-336-00-0097
  • Block: 336
  • Lot: 97-98
  • Municipality: SOUTH FLORAL PARK
  • Latitude: 40.7137
  • Longitude: -73.6989

    Address

  • Full Address: 372 Marguerite Ave
  • Address - House Number: 372
  • Address - Street Name: Marguerite
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Floral Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 3533
  • Zip Code: 11001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,359
  • Tax Rate Code Area: 099

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 545,703
  • High Value: 633,764
  • Low Value: 457,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Mar 07, 2023
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $362,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362
  • Assessed Land Value: $142
  • Assessed Improvements Value: $220

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Mar 07, 2023
  • Current Sale Transaction ID: 11902973453
  • Current Sale Price: $507,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2023-00014542

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Mar 07, 2023
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

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Frequently Asked Questions

What neighborhood is 372 Marguerite Avenue located in?
The 372 Marguerite Avenue is a house located in the neighborhood of South Floral Park in South Floral Park, Floral Park.
What is the average sales price for listings in 372 Marguerite Avenue?
The average sales price for units in 372 Marguerite Avenue is $0 currently.

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