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398 5th Avenue

398 5th Avenue, Cedarhurst, NY 11516
Property in Cedarhurst
Sold Dec 07, 2012
$420,000
Seller
$336,000 by Cross River Bank
Mortgage Due Dec 01, 2042
Sold Jul 07, 2006
$830,000
398 5th Avenue in Cedarhurst, NY was first built in 1925 and is 99 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 duplex style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 398 5th Avenue has 1,662 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 550 ft and the linear feet between the front and back of the lot is 1,070. In total, the area measurement of the land is 6,380 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 640 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 398 5th Avenue sold most recently in Nov 20, 2012 for a total of $420,000. If you work out the math, that's approximately a cost of $252.71 per sqft. Before that, the property was also sold for $830,000 in May 17, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,610 in taxes each year. 398 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $733. If we break it down further, the land itself was valued at $317. Improvements to the property, however, were assessed at a total of $416. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,380
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,662
  • Gross Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,662
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF PROPERTY BELONGING
  • Land Acres: 0.146
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #1 SCH DIST 015

Ownership

  • Current Owner : EDELMAN DAVID
  • Previous Owner : PMO I LLC
  • Owner Before Previous Owner: HERSHKO ESTHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: CED
  • Census Tract: 411200

Geography

  • District: 282003
  • Section: 39
  • Parcel: 39-120-00-0030
  • Block: 120
  • Lot: 30-32
  • Municipality: CEDARHURST
  • Latitude: 40.6244
  • Longitude: -73.731

    Address

  • Full Address: 398 5th Ave
  • Address - House Number: 398
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Cedarhurst
  • Carrier Code: C008
  • 4-Digit Zip Code: 1408
  • Zip Code: 11516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,610
  • Tax Rate Code Area: 204

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 930,603
  • High Value: 1,096,642
  • Low Value: 764,564

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $536,000
  • First Open Lien Mortgage Lender: CROSS RIVER BANK
  • First Open Lien Mortgage Recording Date: Dec 07, 2012
  • First Open Lien Mortgage Loan Amount: $336,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2042
  • Second Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TRT CO
  • Second Open Lien Mortgage Recording Date: Oct 02, 2018
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $733,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $733
  • Assessed Land Value: $317
  • Assessed Improvements Value: $416

    Sales

  • Current Sale Contract Date: Nov 20, 2012
  • Current Sale Recording Date: Dec 07, 2012
  • Current Sale Transaction ID: 1106358716
  • Current Sale Price: $420,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2012120700076
  • Previous Sale Recording Date: Jul 07, 2006
  • Previous Sale Contract Date: May 17, 2006
  • Previous Sale Amount: $830,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSS RIVER BANK
  • First Mortgage Transaction Date: Dec 07, 2012
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2042

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Frequently Asked Questions

What neighborhood is 398 5th Avenue located in?
The 398 5th Avenue is a located in the neighborhood of Cedarhurst in Five Towns, Cedarhurst.
What is the average sales price for listings in 398 5th Avenue?
The average sales price for units in 398 5th Avenue is $0 currently.

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