Check Availability
$549,000
House - In Contract

47 Gates Avenue

Malverne, NY 11565
bedrooms
2 Beds
bathrooms
1 Bath
$3,639
Estimated Monthly
$0
HOA / Fees
3.95%
Cap Rate

About This Property

Opportunity awaits in Malverne SD13. This home is a blank canvas  to make your own. 2 bedrooms, 1 bath and large attic, update interior to preference.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$943
HOA Dues
-
Year Built
1947
Listed By
Last updated: 12 days ago (OneKey MLS #ONE3541572)

Price History

Date / Event Date Event Price
Apr 19, 2024 In contract -
In contract
Apr 19, 2024 Relisted $549,000
Relisted
Apr 11, 2024 In contract -
In contract
Apr 7, 2024 In contract -
In contract
Mar 31, 2024 Listed by Grosso Properties $549,000
Listed by Grosso Properties
Opportunity awaits in Malverne SD13. This home is a blank canvas to make your own. 2 bedrooms, 1 bath and large attic, update interior to preference. Roof within 8 yrs, updated electrical/plumbing. Full basement, full garage, hardwood floors under carpet.

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Private, Detached, 1 Car Detached, Driveway
Garage Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: Master Downstairs, First Floor Bedroom

Room 1

Level: First
Type: Bedroom 1

Room 2

Level: First
Type: Bedroom 2

Room 3

Level: First
Type: Kitchen

Room 4

Level: First
Type: Dining

Room 5

Level: First
Type: Living

Room 6

Level: Second
Type: Unfinished Attic

Room 7

Level: Basement
Type: Unfinished Basement Utilities

Room Information

Rooms: 5

Basement Information

Basement: Full, Unfinished

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,640
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 400
  • Total Building Area: 826
  • Building Area: 826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 826
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 013

Ownership

  • Current Owner : GILL RASHPAL MAISH
  • Current Owner 2: MASIH NEELAM
  • Previous Owner : SHAIKH NIGAR
  • Previous Owner 2: GENCOGLU CHRISTINA
  • Owner Before Previous Owner: DIVIRGILIO MICHAEL J
  • Owner Before Previous Owner 2: SARMENTO JACLYN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 013
  • School Tax District Code 2: MAL
  • Census Tract: 410100

Geography

  • District: 282027
  • Section: 37
  • Parcel: 37-600-00-0024
  • Block: 600
  • Lot: 24-25
  • Municipality: MALVERNE
  • Latitude: 40.6724
  • Longitude: -73.6775

    Address

  • Full Address: 47 Gates Ave
  • Address - House Number: 47
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C008
  • 4-Digit Zip Code: 1911
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,167
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 83
  • Final Value: 631,578
  • High Value: 719,908
  • Low Value: 543,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $795,000
  • First Open Lien Mortgage Lender: EAST COAST CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Dec 18, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $795,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Dec 18, 2053

    Market Valuation

  • Market Total Value: $439,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439
  • Assessed Land Value: $196
  • Assessed Improvements Value: $243

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2017
  • Current Sale Recording Date: Nov 10, 2017
  • Current Sale Transaction ID: 11381379317
  • Current Sale Price: $524,200
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-111682
  • Previous Sale Recording Date: Sep 21, 2012
  • Previous Sale Contract Date: Aug 17, 2012
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Assignment of Sub Lease (Hawaii)

    Last Sale Mortgage

  • First Mortgage Lender: TIAA FSB
  • First Mortgage Transaction Date: Nov 10, 2017
  • First Mortgage Loan Amount: $393,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
-
$635,000 Apr 26, 2023
$635,000 Jul 27, 2023
$888/mo
House
3 Beds
2 Baths
-
$500,000 Aug 11, 2022
$500,000 Oct 14, 2022
$1,016/mo
House
3 Beds
2 Baths
-
$510,000 Sep 16, 2020
$510,000 Mar 5, 2021
$1,406/mo
House
3 Beds
2 Baths
-
$655,000 Apr 8, 2022
$655,000 Jul 19, 2022
$1,164/mo
House
3 Beds
2 Baths
-
$622,000 Nov 7, 2020
$622,000 Mar 10, 2021
$1,481/mo
House
3 Beds
2 Baths
-
$650,000 Feb 23, 2021
$650,000 Jun 1, 2021
$1,065/mo
House
2 Beds
2 Baths
-
$599,000 Mar 6, 2024
-
$939/mo
House
3 Beds
2 Baths
-
$549,900 Mar 1, 2024
-
$1,007/mo
House
3 Beds
2 Baths
-
$649,000 Feb 1, 2024
-
$1,146/mo
House
3 Beds
2 Baths
-
$529,000 Aug 2, 2022
-
$897/mo
House
3 Beds
2 Baths
-
$575,000 Apr 5, 2024
-
$1,226/mo
House
3 Beds
2 Baths
-
$624,999 Feb 23, 2024
-
$901/mo

About Malverne


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Frequently Asked Questions

When was property at 47 Gates Avenue built and last sold?
The property at 47 Gates Avenue was built in 1947 and last sold on Nov 2, 2017 for $524,200.
How much is this home worth?
The estimated value of the home located at 47 Gates Avenue is $554,490.
What are some comparable homes to 47 Gates Avenue?
Homes that are comparable to 47 Gates Avenue include a house property at 6 Hudson Court, 44 Grand Avenue, 122 Franklin Avenue.

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