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40 Lafayette Street

40 Lafayette Street, New Rochelle, NY 10805
Property in New Rochelle
Sold Jan 08, 2018
$860,000
$470,000 by Luxury Mortgage Corp
Mortgage Due Jan 01, 2048
40 Lafayette Street in New Rochelle, NY was first built in 1880 and is 144 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 17 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 7 partial bathrooms. 40 Lafayette Street has 3,849 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 1,000 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 14,810 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, 40 Lafayette Street sold most recently in Dec 14, 2017 for a total of $860,000. If you work out the math, that's approximately a cost of $223.43 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 $24,547 in taxes each year. The initial year of tax delinquency occurred in 2021. 40 Lafayette Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,100. If we break it down further, the land itself was valued at $4,950. Improvements to the property, however, were assessed at a total of $13,150. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1880
  • Effective Year Built: 1880
  • Total Rooms: 17
  • Bedroom Count: 9
  • Bathroom Count: 7
  • Full Bathrooms: 5
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,849
  • Gross Building Area: 3,849
  • Building Area: 3,849
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,849
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.34
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : CHAVEZ MARCO A
  • Current Owner 2: CHAVEZ ANA J
  • Previous Owner : PROROKOVIE STEVKA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Rochelle City School District
  • School Tax School District: NEW ROCHELLE
  • Census Tract: 005901

Geography

  • District: 551000
  • Parcel: 551000 1-204-0025
  • Block: 204
  • Lot: 0.025
  • Municipality: NEW ROCHELLE
  • Latitude: 40.9106
  • Longitude: -73.7762

    Address

  • Full Address: 40 Lafayette St
  • Address - House Number: 40
  • Address - Street Name: Lafayette
  • Address - Suffix Type: St
  • State: NY
  • City Name: New Rochelle
  • Carrier Code: C056
  • 4-Digit Zip Code: 3953
  • Zip Code: 10805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,547
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 551000

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 849,370
  • High Value: 1,237,706
  • Low Value: 461,033

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: LUXURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 08, 2018
  • First Open Lien Mortgage Loan Amount: $470,000
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $932,990
  • Market Land Value: $255,155
  • Market Improvement Value: $677,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,100
  • Assessed Land Value: $4,950
  • Assessed Improvements Value: $13,150

    Sales

  • Current Sale Contract Date: Dec 14, 2017
  • Current Sale Recording Date: Jan 08, 2018
  • Current Sale Transaction ID: 11358233483
  • Current Sale Price: $860,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 573473502

    Last Sale Mortgage

  • First Mortgage Lender: LUXURY MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 08, 2018
  • First Mortgage Loan Amount: $470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

About New Rochelle



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,957 /mo

  • 3 Beds
  • 2 Baths
  • 1,394 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 40 Lafayette Street located in?
The 40 Lafayette Street is a located in the neighborhood of New Rochelle in New Rochelle, New Rochelle.
What is the average sales price for listings in 40 Lafayette Street?
The average sales price for units in 40 Lafayette Street is $0 currently.

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