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515 North 1st Street

515 North 1st Street, New Hyde Park, NY 11040
Property in New Hyde Park
Sold Mar 03, 2015
$393,000
$243,000 by Homebridge Financial Services
Mortgage Due Mar 01, 2045
Local assessors in New Hyde Park, NY have categorized 515 North 1st Street as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 4,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 515 North 1st Street has a total of 1,085 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. 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 detached garage for those who need a place to park their vehicle. The garage on the property is 294 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 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, 515 North 1st Street sold most recently in Feb 18, 2015 for a total of $393,000. If you work out the math, that's approximately a cost of $362.21 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 $9,293 in taxes each year. 515 North 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $518. If we break it down further, the land itself was valued at $274. Improvements to the property, however, were assessed at a total of $244. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1946
  • Effective Year Built: 1946
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,085
  • Building Area: 1,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,085
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIU QINGSONG
  • Previous Owner : LAST WILL AND TESTAMENT MARION M KEIM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hyde Park-Garden City Park Union Free School District
  • School Tax School District: 005
  • School Tax District Code 2: NP
  • Census Tract: 303000

Geography

  • District: 282227
  • Parcel: 08-020-00-0040
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7335
  • Longitude: -73.6953

    Address

  • Full Address: 515 N 1st St
  • Address - House Number: 515
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 2819
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,293
  • Tax Rate Code Area: 733

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 662,832
  • High Value: 781,921
  • Low Value: 543,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Mar 03, 2015
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $243,000
  • 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: Mar 01, 2045

    Market Valuation

  • Market Total Value: $518,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518
  • Assessed Land Value: $274
  • Assessed Improvements Value: $244

    Sales

  • Current Sale Contract Date: Feb 18, 2015
  • Current Sale Recording Date: Mar 03, 2015
  • Current Sale Transaction ID: 1217427901
  • Current Sale Price: $393,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2015030301434

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Mar 03, 2015
  • First Mortgage Loan Amount: $243,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2045

    Financing

  • First Mortgage Financing Type: Unknown

About New Hyde Park



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Frequently Asked Questions

What neighborhood is 515 North 1st Street located in?
The 515 North 1st Street is a located in the neighborhood of New Hyde Park in New Hyde Park, New Hyde Park.
What is the average sales price for listings in 515 North 1st Street?
The average sales price for units in 515 North 1st Street is $0 currently.

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