NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,140,833

6 Beds
2 Baths
2,320 Sq Ft
$483/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $1,050,000 $453 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,487/month

47 Days on Market

Highlights

  • Property is near public transit
  • Granite Countertops
  • Formal Dining Room
  • Main Floor Primary Bedroom
  • Den
  • Eat-In Kitchen

About This Home

As of May 2024

Nestled just moments from Northwell Hospital and the Southern State Parkway, this meticulously maintained multi-family home by permit in Valley Stream, offers unparalleled convenience and endless potential. A sprawling driveway welcomes up to 6 cars. Step into a haven of possibilities with a beautifully private yard, ideal for serene moments or lively gatherings. The versatile layout of this home presents unbelievable potential for any living configuration. Both levels offer 3 Bedrooms, a full bathroom, living room and an eat-in kitchen. Just a stone's throw away, discover the educational convenience of nearby elementary schools. Enjoy the ease of a 2-minute drive to the Southern State Parkway, a 5-minute trip to the supermarket, and a mere 10 minutes to the excitement of UBS Stadium, Belmont Racetrack, and the sprawling Green Acres Mall. Your new home at 1087 Franklin Avenue seamlessly blends location and lifestyle. Whether you're drawn to the proximity of major amenities or envisioning the perfect residence for your unique needs, this property beckons with promise. seize the opportunity to make it your own!

Last Agent to Sell the Property

Panagiota Papazaharias

Redfin Real Estate Brokerage Phone: 631-337-8238 License #30PA0989031 Listed on: 02/01/2024

Redfin Real Estate

Last Buyer's Agent

Christopher Tomeo

Keller Williams Landmark II License #10401221111

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,511

Year Built

  • Built in 1971

Lot Details

  • 6,095 Sq Ft Lot
  • Lot Dimensions are 60x126
  • No Common Walls

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • Formal Dining Room
  • Den
  • Finished Basement
  • Walk-Out Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Private Parking
  • Driveway
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • James A Dever Elementary School
  • Valley Stream North High Middle School
  • Valley Stream North High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Purifier is Owned

Listing and Financial Details

  • Exclusions: Alarm System,Entertainment Cabinets,Lawn Maint Equip,Nanny Cam/Comp Serv,Speakers Indoor
  • Legal Lot and Block 54 / 516
  • Assessor Parcel Number 2089-35-516-00-0054-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,511

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Exclusions: Alarm System,Entertainment Cabinets,Lawn Maint Equip,Nanny Cam/Comp Serv,Speakers Indoor
  • Year Built: 1971
  • New Construction: No
  • Attribution Contact: 631-337-8238
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Water Purifier Owned
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Formal Dining, Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Inclusions: A/C Units,Convection Oven,Cook Top,Dishwasher,Door Hardware,Dryer,Energy Star Appliance(s),Flat Screen TV Bracket,Light Fixtures,Mailbox,Microwave,Refrigerator,Second Dishwasher,Second Stove,Shades/Blinds,Shed,Solar Panels Owned,Video Cameras,Water Conditioner Owned
  • Total Bedrooms: 6
  • Living Area: 2320
  • SquareFootage: 2320.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Valley Stream North High School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 60x126
  • Lot Size Sq Ft: 6095
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2089-35-516-00-0054-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-02-08

Rental Info

  • Lease Considered: No
  • Available Date: 2024-04-12

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 15511
  • Tax Block: 516
  • Tax Lot: 54
  • Tax Map Number: 2089-35-516-00-0054-0
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: James A Dever School
  • High School: Valley Stream North High School
  • Middle School District: Valley Stream - 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 17, 2024
Sold by
Alexander Garvin and Alexander Lavern
Bought by
Johnson Dorothy
Seller's Agent
Panagiota Papazaharias
Redfin Real Estate
Buyer's Agent
Christopher Tomeo
Keller Williams Landmark II
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Views
66
Current Estimated Value
$1,121,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,417
Avg. Annual Appreciation
5.19%
Original Mortgage
$650,000
Outstanding Balance
$642,071
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$479,346

Purchase Details

Closed on
Oct 3, 2014
Sold by
Mccann John
Bought by
Alexander Garvin and Alexander Lavern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2000
Sold by
Sbashnig Robert
Bought by
Mclaren Danielle
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Johnson Dorothy $1,050,000 First American Title Ins Co
Johnson Dorothy $1,050,000 First American Title Ins Co
Johnson Dorothy $1,050,000 First American Title Ins Co
Alexander Garvin $490,000 None Available
Alexander Garvin $490,000 None Available
Mclaren Danielle $293,000 William Mariano
Mclaren Danielle $293,000 William Mariano
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Dorothy $650,000
Closed Johnson Dorothy $650,000
Previous Owner Alexander Garvin $445,650
Previous Owner Alexander Garvin $481,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $1,050,000 -8.7% $453 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $1,150,000 0.0% $496 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,150,000 -- $496 / Sq Ft
Source: OneKey® MLS

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
2025 $5,099 $569 $193 $376
2024 $5,099 $586 $199 $387
2023 $15,551 $630 $214 $416
2022 $15,551 $630 $214 $416
2021 $21,391 $603 $205 $398
2020 $16,941 $1,023 $517 $506
2019 $17,621 $992 $517 $475
2018 $16,267 $992 $0 $0
2017 $9,756 $992 $517 $475
2016 $14,797 $992 $517 $475
2015 $4,721 $992 $517 $475
2014 $4,721 $992 $517 $475
2013 $4,437 $992 $517 $475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3528975

OneKey® MLS

APN: 2089-35-516-00-0054-0