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540 8th Avenue

540 8th Avenue, New Hyde Park, NY 11040
Property in New Hyde Park
Sold May 14, 2014
Transfer
$150,000 by Eab Mtg Company Inc
Mortgage Due Sep 01, 2029
Sold Sep 10, 2013
Transfer
Local assessors in New Hyde Park, NY have categorized 540 8th Avenue as a residential type of property. The home was built in 1951 and is 73 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 colonial style. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 540 8th Avenue has a total of 1,800 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 308 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 both a open porch and a patio so you'll have great options in both the front and back 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $8,493 in taxes per year. The property on 540 8th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $587. To break that down further, the land itself was valued at $248. While improvements to the property were assessed at a total of $339. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 24
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF STEWART MANOR SECTION #4
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #1 SCH DIST 016

Ownership

  • Current Owner : SCHMID ROBERT L
  • Current Owner 2: HOWARD G SMITH FMAILY TRUST
  • Previous Owner : SMITH HOWARD G
  • Owner Before Previous Owner: SCHMITT MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • School Tax District Code 2: NHP
  • Census Tract: 404700

Geography

  • District: 282041
  • Section: 32
  • Parcel: 32-102-00-0040
  • Block: 102
  • Lot: 40-41
  • Municipality: NEW HYDE PARK
  • Latitude: 40.7259
  • Longitude: -73.6909

    Address

  • Full Address: 540 8th Ave
  • Address - House Number: 540
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: New Hyde Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 5404
  • Zip Code: 11040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,493
  • Tax Rate Code Area: 130

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 79
  • Final Value: 756,018
  • High Value: 878,018
  • Low Value: 634,018

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $155,451
  • First Open Lien Mortgage Lender: EAB MTG COMPANY INC
  • First Open Lien Mortgage Recording Date: Sep 21, 1999
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2029
  • Second Open Lien Mortgage Lender: CITIMORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Dec 28, 2010
  • Second Open Lien Mortgage Loan Amount: $5,451
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2041

    Market Valuation

  • Market Total Value: $587,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $587
  • Assessed Land Value: $248
  • Assessed Improvements Value: $339

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2014
  • Current Sale Recording Date: May 14, 2014
  • Current Sale Transaction ID: 1194573362
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2014051401068
  • Previous Sale Recording Date: Sep 10, 2013
  • Previous Sale Contract Date: Jul 09, 2013
  • Previous Sale Document Type: Bargain and Sale Deed

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Frequently Asked Questions

What neighborhood is 540 8th Avenue located in?
The 540 8th Avenue 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 540 8th Avenue?
The average sales price for units in 540 8th Avenue is $0 currently.

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