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58 Pell Terrace

58 Pell Terrace, Garden City, NY 11530
House in Garden City
Sold Apr 15, 2020
$830,000
$664,000 by Jp Morgan Chase Bank
Mortgage Due Apr 01, 2050
Sold Jun 18, 2019
$610,000
58 Pell Terrace in Garden City, NY was first built in 1955 and is 69 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 split level style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 58 Pell Terrace has 1,774 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 basement is 452 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,125 square feet.

Learn more about the property and building on this page. There is a open porch. 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 garage underground or in the basement. 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 fair. The exterior walls of the home are made of wood. 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. 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, 58 Pell Terrace sold most recently in Mar 20, 2020 for a total of $830,000. If you work out the math, that's approximately a cost of $467.87 per sqft. Before that, the property was also sold for $610,000 in May 30, 2019. 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 $11,029 in taxes each year. 58 Pell Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $777. If we break it down further, the land itself was valued at $346. Improvements to the property, however, were assessed at a total of $431. 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 452
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,774
  • Building Area: 1,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,774
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 018

Ownership

  • Current Owner : RESTREPO JUAN C
  • Current Owner 2: PALACIOS MARIA C
  • Previous Owner : 58 PELL LLC
  • Owner Before Previous Owner: SORIANO CATHERINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Garden City Union Free School District
  • School Tax School District: 018
  • School Tax District Code 2: GC
  • Census Tract: 406600

Geography

  • District: 282011
  • Section: 34
  • Parcel: 34-531-00-0092
  • Block: 531
  • Lot: 92
  • Municipality: GARDEN CITY
  • Latitude: 40.7402
  • Longitude: -73.6213

    Address

  • Full Address: 58 Pell Ter
  • Address - House Number: 58
  • Address - Street Name: Pell
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Garden City
  • Carrier Code: C021
  • 4-Digit Zip Code: 1929
  • Zip Code: 11530

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,029
  • Tax Rate Code Area: 401

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 990,125
  • High Value: 1,149,903
  • Low Value: 830,347

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $664,000
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Apr 15, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $664,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $777,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $777
  • Assessed Land Value: $346
  • Assessed Improvements Value: $431

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Apr 15, 2020
  • Current Sale Transaction ID: 11755992514
  • Current Sale Price: $830,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-032467
  • Previous Sale Recording Date: Jun 18, 2019
  • Previous Sale Contract Date: May 30, 2019
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Apr 15, 2020
  • First Mortgage Loan Amount: $664,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Garden City



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Frequently Asked Questions

What neighborhood is 58 Pell Terrace located in?
The 58 Pell Terrace is a house located in the neighborhood of Garden City in Garden City, Garden City.
What is the average sales price for listings in 58 Pell Terrace?
The average sales price for units in 58 Pell Terrace is $879,999 , or $533/sqft. currently.

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