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58 Gates Avenue

58 Gates Avenue, Malverne, NY 11565
House in Malverne
Sold Jan 25, 2018
$587,500
$470,000 by Citizens Bank
Mortgage
Sold Sep 14, 2005
$580,000
58 Gates Avenue in Malverne, NY was first built in 1929 and is 95 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 58 Gates Avenue has 1,688 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 360 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 58 Gates Avenue was last sold in Jan 18, 2018 for $587,500. According to our calculations, that's $348.05 per sqft. Prior to that sales transaction, the property was sold for $580,000 in Aug 15, 2005. Current property owners are expected to pay $8,983 in taxes per year. The property on 58 Gates Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $531. To break that down further, the land itself was valued at $201. While improvements to the property were assessed at a total of $330. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1929
  • Effective Year Built: 1929
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 360
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,688
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 013

Ownership

  • Current Owner : NOETH CHRISTOPHER
  • Current Owner 2: WILK ALISON
  • Previous Owner : RICCHIUTI MICHAEL
  • Previous Owner 2: RICCHIUTI CATHERINE
  • Owner Before Previous Owner: PERISSI RICHARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 013
  • School Tax District Code 2: MAL
  • Census Tract: 410100

Geography

  • District: 282027
  • Section: 37
  • Parcel: 37-037-00-0239
  • Block: 37
  • Lot: 239-241
  • Municipality: MALVERNE
  • Latitude: 40.6724
  • Longitude: -73.678

    Address

  • Full Address: 58 Gates Ave
  • Address - House Number: 58
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C008
  • 4-Digit Zip Code: 1912
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,983
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 734,745
  • High Value: 862,306
  • Low Value: 607,185

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Jan 25, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $470,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $531,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $531
  • Assessed Land Value: $201
  • Assessed Improvements Value: $330

    Sales

  • Current Sale Contract Date: Jan 18, 2018
  • Current Sale Recording Date: Jan 25, 2018
  • Current Sale Transaction ID: 11444946518
  • Current Sale Price: $587,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018-007760
  • Previous Sale Recording Date: Sep 14, 2005
  • Previous Sale Contract Date: Aug 15, 2005
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Jan 25, 2018
  • First Mortgage Loan Amount: $470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 58 Gates Avenue located in?
The 58 Gates Avenue is a house located in the neighborhood of Malverne in Malverne, Malverne.
What is the average sales price for listings in 58 Gates Avenue?
The average sales price for units in 58 Gates Avenue is $0 currently.

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