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50 5th Avenue

50 5th Avenue, New Rochelle, NY 10801
Property in Pine Brook
Sold Apr 21, 2017
$546,000
$791,000 by Cathay Bank
Mortgage Due Jan 01, 2036
Local assessors in New Rochelle, NY have categorized 50 5th Avenue as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 15,246 square feet. The linear feet between the front and back of the lot was measured at 3,050 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 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 50 5th Avenue has a total of 3,462 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. 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, 50 5th Avenue sold most recently in Apr 6, 2017 for a total of $546,000. If you work out the math, that's approximately a cost of $157.71 per sqft. 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 $16,793 in taxes each year. 50 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,400. If we break it down further, the land itself was valued at $2,850. Improvements to the property, however, were assessed at a total of $9,550. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1905
  • Effective Year Built: 1905
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 3,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,462
  • Gross Building Area: 3,462
  • Building Area: 3,462
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP OF LOTS TO MRS J E BURTIS
  • Land Acres: 0.35
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : LIU JIAN FENG
  • Previous Owner : LAWRENCE NATHANIAL
  • Previous Owner 2: LAWRENCE NATHANIEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Rochelle City School District
  • School Tax School District: NEW ROCHELLE
  • Census Tract: 006500

Geography

  • District: 551000
  • Parcel: 551000 3-994-0012
  • Block: 994
  • Lot: 0.012
  • Municipality: NEW ROCHELLE
  • Latitude: 40.9224
  • Longitude: -73.7858

    Address

  • Full Address: 50 5th Ave
  • Address - House Number: 50
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Rochelle
  • Carrier Code: C023
  • 4-Digit Zip Code: 2702
  • Zip Code: 10801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,793
  • Tax Rate Code Area: 551000

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 787,547
  • High Value: 959,001
  • Low Value: 616,094

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $791,000
  • 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: Jan 01, 2036
  • Second Open Lien Mortgage Lender: CATHAY BANK
  • Second Open Lien Mortgage Recording Date: Dec 31, 2020
  • Second Open Lien Mortgage Loan Amount: $259,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Dec 31, 2050

    Market Valuation

  • Market Total Value: $639,175
  • Market Land Value: $146,907
  • Market Improvement Value: $492,268

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,400
  • Assessed Land Value: $2,850
  • Assessed Improvements Value: $9,550

    Sales

  • Current Sale Contract Date: Apr 06, 2017
  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Transaction ID: 1807561287
  • Current Sale Price: $546,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 570953386

    Last Sale Mortgage

  • First Mortgage Lender: GLOBAL BANK
  • First Mortgage Transaction Date: Apr 21, 2017
  • First Mortgage Loan Amount: $273,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Pine Brook



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Frequently Asked Questions

What neighborhood is 50 5th Avenue located in?
The 50 5th Avenue is a located in the neighborhood of Pine Brook in Pine Brook, New Rochelle.
What is the average sales price for listings in 50 5th Avenue?
The average sales price for units in 50 5th Avenue is $0 currently.

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