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85 Elizabeth Street

85 Elizabeth Street, Floral Park, NY 11001
Property in Floral Park
Sold Apr 30, 2020
$625,000
$560,000 by Td Bank Na
Mortgage Due May 01, 2050
Sold Nov 09, 2011
$360,000
$270,000 by Academy Mortgage Corp
Mortgage Due Nov 01, 2041
85 Elizabeth Street has been categorized by the local assessors in Floral Park, NY as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 85 Elizabeth Street has 1,417 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 85 Elizabeth Street was last sold in Apr 9, 2020 for $625,000. According to our calculations, that's $441.07 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Oct 27, 2011. Current property owners are expected to pay $9,445 in taxes per year. The property on 85 Elizabeth Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $568. To break that down further, the land itself was valued at $295. While improvements to the property were assessed at a total of $273. 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

Private Parking
Detached Garage
Detached Garage: 1 Space
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,417
  • Building Area: 1,417
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,417
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF FLORAL PARK TERRACE
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 022

Ownership

  • Current Owner : CHAVDA YASH
  • Current Owner 2: CHAVDA NIKOLETT
  • Previous Owner : TORHAN MICHAEL
  • Owner Before Previous Owner: SEMPEPOS IRENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Floral Park-Bellerose Union Free School District
  • School Tax School District: 022
  • School Tax District Code 2: FP
  • Census Tract: 404500

Geography

  • District: 282007
  • Section: 32
  • Parcel: 32-072-00-0219
  • Block: 72
  • Lot: 219-220
  • Municipality: FLORAL PARK
  • Latitude: 40.7278
  • Longitude: -73.6997

    Address

  • Full Address: 85 Elizabeth St
  • Address - House Number: 85
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: St
  • State: NY
  • City Name: Floral Park
  • Carrier Code: C004
  • 4-Digit Zip Code: 2128
  • Zip Code: 11001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,445
  • Tax Rate Code Area: 494

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 731,539
  • High Value: 861,271
  • Low Value: 601,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Apr 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $568,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568
  • Assessed Land Value: $295
  • Assessed Improvements Value: $273

    Sales

  • Current Sale Contract Date: Apr 09, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Transaction ID: 11761178059
  • Current Sale Price: $625,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-035611
  • Previous Sale Recording Date: Nov 09, 2011
  • Previous Sale Contract Date: Oct 27, 2011
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Apr 30, 2020
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 09, 2011
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2041

About Floral Park



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Frequently Asked Questions

What neighborhood is 85 Elizabeth Street located in?
The 85 Elizabeth Street is a located in the neighborhood of Floral Park in Floral Park, Floral Park.
What is the average sales price for listings in 85 Elizabeth Street?
The average sales price for units in 85 Elizabeth Street is $0 currently.

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