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98 1st Avenue

98 1st Avenue, East Rockaway, NY 11518
Sold Jan 04, 2022
$400,000
$380,000 by East Coast Capital Corp
Mortgage Due Jan 01, 2052
98 1st Avenue has been categorized by the local assessors in East Rockaway, NY as a residential type of property. The building on the property was first built in 1923 and is 101 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 98 1st Avenue has 1,230 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 180 sqft. Residents will have the luxury of enjoying both a open porch and 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 D by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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 oil. 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. 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, 98 1st Avenue sold most recently in Dec 20, 2021 for a total of $400,000. If you work out the math, that's approximately a cost of $325.20 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 $11,071 in taxes each year. 98 1st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $392. If we break it down further, the land itself was valued at $151. Improvements to the property, however, were assessed at a total of $241. 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

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,230
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROPERTY IN EAST ROCKAWAY
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 019

Ownership

  • Current Owner : LORENZANA ANDREA MARCELA
  • Previous Owner : MCCABE SHERYL L
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: East Rockaway Union Free School District
  • School Tax School District: 019
  • Census Tract: 412200

Geography

  • District: 282089
  • Section: 42
  • Parcel: 42-074-00-0117
  • Block: 74
  • Lot: 117
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6356
  • Longitude: -73.665

    Address

  • Full Address: 98 1st Ave
  • Address - House Number: 98
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: East Rockaway
  • Carrier Code: C004
  • 4-Digit Zip Code: 1910
  • Zip Code: 11518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,071
  • Tax Rate Code Area: 235

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 543,815
  • High Value: 631,572
  • Low Value: 456,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: EAST COAST CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Jan 04, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $392,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392
  • Assessed Land Value: $151
  • Assessed Improvements Value: $241

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Transaction ID: 11877956048
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-000722

    Last Sale Mortgage

  • First Mortgage Lender: EAST COAST CAPITAL CORP
  • First Mortgage Transaction Date: Jan 04, 2022
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Fixed Rate

About East Rockaway



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Frequently Asked Questions

What neighborhood is 98 1st Avenue located in?
The 98 1st Avenue is a house located in the neighborhood of East Rockaway in East Rockaway, East Rockaway.
What is the average sales price for listings in 98 1st Avenue?
The average sales price for units in 98 1st Avenue is $0 currently.

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