NOT LISTED FOR SALE

Estimated Value: $343,110 - $856,000

-- Bed
-- Bath
1,900 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $247,000 $130 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,745/month

19 Days on Market

Highlights

  • Heating System Uses Natural Gas
  • New Dorp High School Rated A-
  • 3-minute walk to Midland Beach

About This Home

As of November 2017

16621H-CASH BUYER NEEDED. HOUSE AFFECTED BY SANDY. 3 HOUSES ON 1 LOT, HOUSE I FRONT IS A 2 BEDROOM WITH BASEMENT, HOUSE BEHIND IS A 1 BEDROOM BUNGALOW, HOUSE ON LEFT SIDE IS 2 FAMILY BOTH 2 BEDROOM.

Last Agent to Sell the Property

Salvatore Taormina

Robert DeFalco Realty, Inc. License #10301210276 Listed on: 11/03/2017

Last Buyer's Agent

Sal Taormina

Revolution Realty Group License #10301210276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 14x40

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 110 Volts
  • Individual Gas Meter

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 0032 / 03800
  • Assessor Parcel Number 03800-0032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,208

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: 4F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Lot Size: 14X40
  • Modification Timestamp: 2024-09-25
  • Directions: MIDLAND AVE TO OLYMPIA
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Public Remarks3: 16621H-CASH BUYER NEEDED. HOUSE AFFECTED BY SANDY. 3 HOUSES ON 1 LOT, HOUSE I FRONT IS A 2 BEDROOM WITH BASEMENT, HOUSE BEHIND IS A 1 BEDROOM BUNGALOW, HOUSE ON LEFT SIDE IS 2 FAMILY BOTH 2 BEDROOM.
  • ContractLocation Information:List PriceSqFt2: 188.95
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Poor
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 14X40
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking:Off Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Green Building Features: Other
  • Cooling Y N: No
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Other2: Yes
  • Siding:Vinyl Siding: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Electric:_one_10: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 4000.0
  • Lot Size Units: Square Feet
  • Parcel #: 03800-0032
  • Zoning: R3-1
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 4000.0
  • General Property Info:Lot Dim: 40X100

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2208.0
  • Tax Block: 03800
  • Tax Lot: 0032
  • General Property Info:Taxes2: 2208.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Chen Sheng Y
Bought by
Cedar Terrace Development Llc
Total Days on Market
19
Current Estimated Value
$619,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$455,294
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$131,837

Purchase Details

Closed on
Jan 19, 2021
Sold by
Chen Shang H
Bought by
Chen Sheng Y

Purchase Details

Listed on
Nov 3, 2017
Closed on
Nov 22, 2017
Sold by
Sibbio Ralph
Bought by
Chen Shang H
Seller's Agent
Salvatore Taormina
Robert DeFalco Realty, Inc.
Buyer's Agent
Sal Taormina
Revolution Realty Group
List Price
$247,000
Sold Price
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Balsamo Patrick and Balsamo Diane
Bought by
Sibbio Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,150
Interest Rate
11.9%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cedar Terrace Development Llc -- New York Stlmt & Abstract
Chen Sheng Y -- New York Settlement & Abstract
Chen Shang H $247,000 None Available
Sibbio Ralph $199,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Terrace Development Llc $495,000
Previous Owner Sibbio Ralph $409,000
Previous Owner Sibbio Ralph $59,132
Previous Owner Sibbio Ralph $26,129
Previous Owner Sibbio Ralph $238,000
Previous Owner Sibbio Ralph $169,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $247,000 0.0% $130 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $247,000 -- $130 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,191 $24,660 $4,445 $20,215
2023 $3,050 $15,019 $4,191 $10,828
2022 $2,998 $21,000 $7,200 $13,800
2021 $3,023 $20,340 $7,200 $13,140
2020 $4,293 $20,100 $7,200 $12,900
2019 $4,594 $20,280 $7,200 $13,080
2018 $2,458 $12,060 $4,282 $7,778
2017 $2,458 $12,060 $4,580 $7,480
2016 $2,393 $11,969 $5,375 $6,594
2015 $2,044 $11,292 $5,080 $6,212
2014 $2,044 $10,653 $4,793 $5,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1106305

Staten Island Multiple Listing Service

APN: 03800-0032