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87 Hempstead Avenue

87 Hempstead Avenue, Malverne, NY 11565
House in Malverne
Sold Feb 02, 2022
$660,000
$480,000 by Summit Mortgage Bankers Inc
Mortgage Due Feb 02, 2052
87 Hempstead Avenue in Malverne, NY was first built in 1956 and is 68 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 colonial style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 87 Hempstead Avenue has 2,501 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 620 ft and the linear feet between the front and back of the lot is 910. In total, the area measurement of the land is 5,760 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 mixed used garage. The garage is 504 sqft. There are a total of 2 available parking spaces. 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 B. The condition of the building has been evaluated as average. 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, 87 Hempstead Avenue sold most recently in Jan 14, 2022 for a total of $660,000. If you work out the math, that's approximately a cost of $263.89 per sqft. 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 $15,249 in taxes each year. The initial year of tax delinquency occurred in 2022. 87 Hempstead Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $619. If we break it down further, the land itself was valued at $192. Improvements to the property, however, were assessed at a total of $427. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Private Parking
Attached Garage
Attached Garage: 2 Spaces

Location

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,760
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,501
  • Building Area: 2,501
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,501
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Current Owner : DANFORTH DAVID LAWRENCE
  • Current Owner 2: SHIBATA VIVIAN ERI
  • Previous Owner : MUSELLA JAMES
  • Previous Owner 2: MUSELLA MARIA LYNN
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: MAL
  • Census Tract: 410200

Geography

  • District: 282027
  • Section: 37
  • Parcel: 37-674-00-0019
  • Block: 674
  • Lot: 19
  • Municipality: MALVERNE
  • Latitude: 40.6694
  • Longitude: -73.6707

    Address

  • Full Address: 87 Hempstead Ave
  • Address - House Number: 87
  • Address - Street Name: Hempstead
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C009
  • 4-Digit Zip Code: 2031
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,249
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 898,039
  • High Value: 1,054,327
  • Low Value: 741,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: Feb 02, 2052

    Market Valuation

  • Market Total Value: $619,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $619
  • Assessed Land Value: $192
  • Assessed Improvements Value: $427

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Transaction ID: 11879605688
  • Current Sale Price: $660,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-014602

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Feb 02, 2022
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Malverne



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Frequently Asked Questions

What neighborhood is 87 Hempstead Avenue located in?
The 87 Hempstead Avenue is a house located in the neighborhood of Malverne in Malverne, Malverne.
What is the average sales price for listings in 87 Hempstead Avenue?
The average sales price for units in 87 Hempstead Avenue is $0 currently.

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