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5 Eastern Drive

5 Eastern Drive, New Hyde Park, NY 11040
Townhouse in Garden City Park
Local assessors in New Hyde Park, NY have categorized 5 Eastern Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 1,971 square feet. The linear feet between the front and back of the lot was measured at 990 ft and the front of the lot was measured at 200 ft. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 5 Eastern Drive has a total of 2,251 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 491 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front 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 gas. The property was last sold in Jan 21, 2022 for $675,000. That's $299.87 per sqft. Prior to that sales transaction, the property was also sold in Oct 8, 2015 for $552,500. 5 Eastern Drive was last assessed in 2023. The total value of the property was assessed at $585. Specifically, the land the property is located on was valued at $231. While improvements on the property were assessed at a total of $354. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,500. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

On-Street Parking
Attached Garage
Attached Garage: 2 Spaces

Location

Near Public Transit
Cul-De-Sac Lot
Private Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210805
08/05/2021
3 Bed
3 Bath
-
$699,000
bedrooms
3 Bed
bathrooms
3 Bath
$699,000
01/21/2022
-
Dalia Elison
Douglas Elliman Real Estate

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 491
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,971
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 200
  • Total Building Area: 2,251
  • Building Area: 2,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,251
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.045
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 005

Ownership

  • Current Owner : MIN KYEONGHWAN
  • Current Owner 2: LEE JAE YOUNG
  • Previous Owner : LIN KEVIN F
  • Previous Owner 2: YU GE
  • Owner Before Previous Owner: CARLEY MICHAEL J
  • Owner Before Previous Owner 2: CARLEY MARION
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: New Hyde Park-Garden City Park Union Free School District
  • School Tax School District: 005
  • Census Tract: 303204

Geography

  • District: 282289
  • Section: 9
  • Parcel: 09-634-00-0048
  • Block: 634
  • Lot: 48
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7471
  • Longitude: -73.6714

    Address

  • Full Address: 5 Eastern Dr
  • Address - House Number: 5
  • Address - Street Name: Eastern
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C023
  • 4-Digit Zip Code: 3439
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,500
  • Tax Rate Code Area: 887

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 749,436
  • High Value: 870,730
  • Low Value: 628,141

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $506,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Feb 01, 2022
  • First Open Lien Mortgage Loan Amount: $506,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $585,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585
  • Assessed Land Value: $231
  • Assessed Improvements Value: $354

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Feb 01, 2022
  • Current Sale Transaction ID: 11879624037
  • Current Sale Price: $675,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-013757
  • Previous Sale Recording Date: Nov 12, 2015
  • Previous Sale Contract Date: Oct 08, 2015
  • Previous Sale Amount: $552,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Feb 01, 2022
  • First Mortgage Loan Amount: $506,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 12, 2015
  • Previous Mortgage Loan Amount: $386,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Garden City Park



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Frequently Asked Questions

What neighborhood is 5 Eastern Drive located in?
The 5 Eastern Drive is a townhouse located in the neighborhood of Garden City Park in Garden City Park, New Hyde Park.
What is the average sales price for listings in 5 Eastern Drive?
The average sales price for units in 5 Eastern Drive is $0 currently.

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