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502 Nassau Street

502 Nassau Street, Bellmore, NY 11710
Property in Bellmore
Sold Aug 03, 2012
Transfer
$375,300 by Luxury Mortgage Corp
Mortgage Due Aug 01, 2042
502 Nassau Street has been categorized by the local assessors in Bellmore, NY as a residential type of property. The building on the property was first built in 1931 and is 93 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 502 Nassau Street has 1,618 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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 240 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 roof of the building is made of shingle (not wood). The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. 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. Tax-wise, the current owner is expected to pay close to $12,642 in taxes each year. 502 Nassau Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $474. If we break it down further, the land itself was valued at $171. Improvements to the property, however, were assessed at a total of $303. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1931
  • Effective Year Built: 1931
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,618
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 007

Ownership

  • Current Owner : FINNEL BRENDAN
  • Current Owner 2: FINNEL MARY
  • Previous Owner : GAZURA MICHAEL
  • Previous Owner 2: GUZURA BARBARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bellmore-Merrick Central High School District
  • School Tax School District: 007
  • Census Tract: 415401

Geography

  • District: 282089
  • Section: 56
  • Parcel: 56-314-00-0585
  • Block: 314
  • Lot: 585-586
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6641
  • Longitude: -73.5329

    Address

  • Full Address: 502 Nassau St
  • Address - House Number: 502
  • Address - Street Name: Nassau
  • Address - Suffix Type: St
  • State: NY
  • City Name: Bellmore
  • Carrier Code: C025
  • 4-Digit Zip Code: 4049
  • Zip Code: 11710

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,642
  • Tax Rate Code Area: 127

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 692,577
  • High Value: 814,511
  • Low Value: 570,643

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,300
  • First Open Lien Mortgage Lender: LUXURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 03, 2012
  • First Open Lien Mortgage Loan Amount: $375,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042

    Market Valuation

  • Market Total Value: $474,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474
  • Assessed Land Value: $171
  • Assessed Improvements Value: $303

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2012
  • Current Sale Recording Date: Aug 03, 2012
  • Current Sale Transaction ID: 1122639797
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2012080300530

    Last Sale Mortgage

  • First Mortgage Lender: LUXURY MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 03, 2012
  • First Mortgage Loan Amount: $375,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2042

About Bellmore



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Frequently Asked Questions

What neighborhood is 502 Nassau Street located in?
The 502 Nassau Street is a located in the neighborhood of Bellmore in Bellmore, Bellmore.
What is the average sales price for listings in 502 Nassau Street?
The average sales price for units in 502 Nassau Street is $0 currently.

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