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540 South 6th Avenue

540 South 6th Avenue, Mount Vernon, NY 10550
Property in South Side
Sold Oct 13, 2015
$515,000
$200,000 by Citizens Bank, N.a.
Mortgage Due May 01, 2048
Local assessors in Mount Vernon, NY have categorized 540 South 6th Avenue as a residential type of property. The property's lot size has been calculated to be 5,227 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 4 full bathrooms. There are also 4 partial bathrooms.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 500 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The home's electric heaters is the primary heating source and it is being fueled with electricity. The property was last sold in Sep 29, 2015 for $515,000. 540 South 6th Avenue was last assessed in 2023. The total value of the property was assessed at $11,500. Specifically, the land the property is located on was valued at $1,500. While improvements on the property were assessed at a total of $10,000. 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 $18,393. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Contemporary
  • Exterior Walls Type: Composition
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF MOUNT VERNON
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : BAILEY MARVETTE
  • Previous Owner : PETERKIN DAVID
  • Previous Owner 2: PETERKIN LIBERT

Neighborhood

  • School District Name: Mount Vernon School District
  • School Tax School District: MOUNT VERNON
  • Census Tract: 002600

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 073980
  • District: 550800
  • Section: 169.47
  • Parcel: 550800 169.47-3073-11.1
  • Block: 3073
  • Lot: 11.001
  • Municipality: MT VERNON
  • Latitude: 40.8976
  • Longitude: -73.834

    Address

  • Full Address: 540 S 6th Ave
  • Address - House Number: 540
  • Street Direction: S
  • Address - Street Name: 6th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mount Vernon
  • Carrier Code: C073
  • 4-Digit Zip Code: 4637
  • Zip Code: 10550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,393
  • Tax Rate Code Area: 550800

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 760,319
  • High Value: 927,795
  • Low Value: 592,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: CITIZENS BANK, N.A.
  • First Open Lien Mortgage Recording Date: May 12, 2023
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $672,514
  • Market Land Value: $87,719
  • Market Improvement Value: $584,795

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,500
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Sep 29, 2015
  • Current Sale Recording Date: Oct 13, 2015
  • Current Sale Transaction ID: 1534465227
  • Current Sale Price: $515,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 552723086

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 13, 2015
  • First Mortgage Loan Amount: $497,811
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2045

About South Side



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Frequently Asked Questions

What neighborhood is 540 South 6th Avenue located in?
The 540 South 6th Avenue is a located in the neighborhood of South Side in South Side, Mount Vernon.
What is the average sales price for listings in 540 South 6th Avenue?
The average sales price for units in 540 South 6th Avenue is $0 currently.

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