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59 London Terrace

59 London Terrace, New Rochelle, NY 10804
Sold Apr 04, 2022
$1,150,000
$920,000 by United Wholesale Mortgage Llc
Mortgage Due Apr 01, 2052
Local assessors in New Rochelle, NY have categorized 59 London Terrace as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 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 59 London Terrace has a total of 2,115 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 300 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 59 London Terrace was last sold in Mar 31, 2022 for $1,150,000. According to our calculations, that's $543.74 per sqft. Current property owners are expected to pay $24,510 in taxes per year. The property on 59 London Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,750. To break that down further, the land itself was valued at $4,600. While improvements to the property were assessed at a total of $14,150. 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. 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!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.

Building Features

Parking

Attached Garage
Attached Garage: 1 Space

Driveway

Driveway

Location

Near Public Transit
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 300
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,115
  • Building Area: 2,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,115
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KALIL DONNA B
  • Current Owner 2: BELLS TEDRIC L
  • Previous Owner : SUMMO JOSEPH M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Rochelle City School District
  • School Tax School District: NEW ROCHELLE
  • Census Tract: 006700

Geography

  • District: 551000
  • Parcel: 551000 6-2072-0065
  • Block: 2072
  • Lot: 0.065
  • Municipality: NEW ROCHELLE
  • Latitude: 40.9385
  • Longitude: -73.7779

    Address

  • Full Address: 59 London Ter
  • Address - House Number: 59
  • Address - Street Name: London
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: New Rochelle
  • Carrier Code: C050
  • 4-Digit Zip Code: 4320
  • Zip Code: 10804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,510
  • Tax Rate Code Area: 551000

    Appraisal Valuation

  • Standard Deviation: 0.269
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 1,246,913
  • High Value: 1,582,423
  • Low Value: 911,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $920,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 04, 2022
  • First Open Lien Mortgage Loan Amount: $920,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $966,494
  • Market Land Value: $237,113
  • Market Improvement Value: $729,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,750
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $14,150

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Transaction ID: 11885519655
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3892

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 04, 2022
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Apr 01, 2052

About New Rochelle



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Frequently Asked Questions

What neighborhood is 59 London Terrace located in?
The 59 London Terrace is a house located in the neighborhood of New Rochelle in New Rochelle, New Rochelle.
What is the average sales price for listings in 59 London Terrace?
The average sales price for units in 59 London Terrace is $0 currently.

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