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5 7th Street

5 7th Street, Valley Stream, NY 11581
Multifamily in Valley Stream
5 7th Street in Valley Stream, NY was first built in 1957 and is 67 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. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5 7th Street has 1,854 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 450 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 4,429 square feet.

Learn more about the property and building on this page. The roof of the home is made of shingle (not wood). 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 231 sqft. There is one available parking space. 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 wood. 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. 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, 5 7th Street sold most recently in Sep 8, 2022 for a total of $775,000. If you work out the math, that's approximately a cost of $418.02 per sqft. Before that, the property was also sold for $342,000 in Sep 25, 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 $8,705 in taxes each year. 5 7th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $526. If we break it down further, the land itself was valued at $190. Improvements to the property, however, were assessed at a total of $336. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Private Parking
Detached Garage
Detached Garage: 1 Space

Location

Near Public Transit
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220601
06/01/2022
4 Bed
2 Bath
-
$729,000
bedrooms
4 Bed
bathrooms
2 Bath
$729,000
09/08/2022
-
Doreen Tom
Coldwell Banker American Homes

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 30
  • Garage Type: Detached
  • Garage Square Area: 231
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,429
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,854
  • Gross Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,854
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.102
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #1 SCH DIST 024

Ownership

  • Current Owner : RAHMAN ASEF
  • Previous Owner : DANG NGUYEN
  • Previous Owner 2: TRAN LANDY
  • Owner Before Previous Owner: NADOR JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Valley Stream Union Free School District 24
  • School Tax School District: 024
  • School Tax District Code 2: VS
  • Census Tract: 410700

Geography

  • District: 282035
  • Section: 39
  • Parcel: 39-027-00-0408
  • Block: 27
  • Lot: 408
  • Municipality: VALLEY STREAM
  • Latitude: 40.6562
  • Longitude: -73.6998

    Address

  • Full Address: 5 7th St
  • Address - House Number: 5
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Valley Stream
  • Carrier Code: C005
  • 4-Digit Zip Code: 1281
  • Zip Code: 11581

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,705
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 744,443
  • High Value: 878,245
  • Low Value: 610,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 04, 2022
  • First Open Lien Mortgage Loan Amount: $620,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $526,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526
  • Assessed Land Value: $190
  • Assessed Improvements Value: $336

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Transaction ID: 11896624171
  • Current Sale Price: $775,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-00099143
  • Previous Sale Recording Date: Oct 19, 2001
  • Previous Sale Contract Date: Sep 25, 2001
  • Previous Sale Amount: $342,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 04, 2022
  • First Mortgage Loan Amount: $620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

About Valley Stream



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Frequently Asked Questions

What neighborhood is 5 7th Street located in?
The 5 7th Street is a multifamily located in the neighborhood of Valley Stream in Valley Stream, Valley Stream.
What is the average sales price for listings in 5 7th Street?
The average sales price for units in 5 7th Street is $0 currently.

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