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42 Parma Road

42 Parma Road, Island Park, NY 11558
Multifamily in Island Park
Sold May 20, 2022
$639,000
$543,150 by Homebridge Financial Services
Mortgage Due Jun 01, 2037
Local assessors in Island Park, NY have categorized 42 Parma Road as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 4,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 42 Parma Road has a total of 1,868 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. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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 alum/vinyl siding 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 and it is being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 42 Parma Road was last sold in May 9, 2022 for $639,000. According to our calculations, that's $342.08 per sqft. Current property owners are expected to pay $5,462 in taxes per year. The property on 42 Parma Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $381. To break that down further, the land itself was valued at $140. While improvements to the property were assessed at a total of $241. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Private Parking
Attached Garage
Attached Garage: 3 Spaces

Location

Near Public Transit

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,868
  • Gross Building Area: 1,868
  • Building Area: 1,868
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,868
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #1 SCH DIST 031

Ownership

  • Current Owner : GUARDADO NICOLE
  • Current Owner 2: ROBSON DARYL
  • Previous Owner : DAVIS KAREN
  • Previous Owner 2: ESPOSITO JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Island Park Union Free School District
  • School Tax School District: 031
  • School Tax District Code 2: IP
  • Census Tract: 416202

Geography

  • District: 282021
  • Section: 43
  • Parcel: 43-047-00-0081
  • Block: 47
  • Lot: 81-82
  • Municipality: ISLAND PARK
  • Latitude: 40.6037
  • Longitude: -73.655

    Address

  • Full Address: 42 Parma Rd
  • Address - House Number: 42
  • Address - Street Name: Parma
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Island Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 1516
  • Zip Code: 11558

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,462
  • Tax Rate Code Area: 362

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 620,603
  • High Value: 720,751
  • Low Value: 520,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $543,150
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 20, 2022
  • First Open Lien Mortgage Loan Amount: $543,150
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $381,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381
  • Assessed Land Value: $140
  • Assessed Improvements Value: $241

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Transaction ID: 11888069192
  • Current Sale Price: $639,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2022-57751

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 20, 2022
  • First Mortgage Loan Amount: $543,150
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2037

About Island Park



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Frequently Asked Questions

What neighborhood is 42 Parma Road located in?
The 42 Parma Road is a multifamily located in the neighborhood of Island Park in Island Park, Island Park.
What is the average sales price for listings in 42 Parma Road?
The average sales price for units in 42 Parma Road is $0 currently.

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