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48 Demarest Avenue

48 Demarest Avenue, West Nyack, NY 10994
Property in Clarkstown
Sold Feb 02, 2010
$438,000
$376,475 by First United Lending
Mortgage Due Feb 01, 2040
Sold Mar 27, 2001
$325,000
$227,000 by American Home Mtg
Mortgage Due Apr 01, 2031
48 Demarest Avenue has been categorized by the local assessors in West Nyack, NY as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 48 Demarest Avenue has 2,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,501 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,038 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a covered porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 48 Demarest Avenue sold most recently in Jan 27, 2010 for a total of $438,000. If you work out the math, that's approximately a cost of $182.96 per sqft. Before that, the property was also sold for $325,000 in Mar 23, 2001. 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 $12,652 in taxes each year. 48 Demarest Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $135,200. If we break it down further, the land itself was valued at $36,400. Improvements to the property, however, were assessed at a total of $98,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,501
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,394
  • Gross Building Area: 2,394
  • Building Area: 2,394
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,316
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST NYACK HEIGHTS
  • Land Acres: 0.46
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 71-D-6

Ownership

  • Current Owner : CERNERA RICKY
  • Current Owner 2: CHIN STEPHEN
  • Previous Owner : YOUNG STEPHEN M
  • Previous Owner 2: YOUNG LAUREN E
  • Owner Before Previous Owner: CONNELLY DOUGLAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clarkstown Central School District
  • School Tax School District: CLARKSTOWN
  • Census Tract: 011200

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 71D6
  • District: 392089
  • Section: 58.20
  • Parcel: 392089 58.20-1-71
  • Block: 1
  • Lot: 71.000
  • Municipality: CLARKSTOWN (TOV)
  • Latitude: 41.0979
  • Longitude: -73.9778

    Address

  • Full Address: 48 Demarest Ave
  • Address - House Number: 48
  • Address - Street Name: Demarest
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Nyack
  • Carrier Code: C001
  • 4-Digit Zip Code: 1834
  • Zip Code: 10994

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,652
  • Tax Rate Code Area: 392001

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 611,373
  • High Value: 752,103
  • Low Value: 470,644

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $484,335
  • First Open Lien Mortgage Lender: FIRST UNITED LENDING
  • First Open Lien Mortgage Recording Date: Feb 02, 2010
  • First Open Lien Mortgage Loan Amount: $376,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2040
  • Second Open Lien Mortgage Lender: HUD
  • Second Open Lien Mortgage Recording Date: May 26, 2022
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $104,508
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2052
  • Third Open Lien Mortgage Lender: HUD
  • Third Open Lien Mortgage Recording Date: Jan 08, 2024
  • Third Open Lien Mortgage Loan Amount: $3,352
  • Third Open Lien Mortgage Term: 477
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Loan Due Date: Nov 01, 2063

    Market Valuation

  • Market Total Value: $97,500
  • Market Land Value: $26,250
  • Market Improvement Value: $71,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,200
  • Assessed Land Value: $36,400
  • Assessed Improvements Value: $98,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2010
  • Current Sale Recording Date: Feb 02, 2010
  • Current Sale Transaction ID: 1195511220
  • Current Sale Price: $438,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2010-00004559
  • Previous Sale Recording Date: Mar 27, 2001
  • Previous Sale Contract Date: Mar 23, 2001
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED LENDING
  • First Mortgage Transaction Date: Feb 02, 2010
  • First Mortgage Loan Amount: $376,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MTG
  • Previous Mortgage Transaction Date: Mar 27, 2001
  • Previous Mortgage Loan Amount: $227,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2031

About West Nyack



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 48 Demarest Avenue located in?
The 48 Demarest Avenue is a located in the neighborhood of Clarkstown in West Nyack, West Nyack.
What is the average sales price for listings in 48 Demarest Avenue?
The average sales price for units in 48 Demarest Avenue is $0 currently.

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