NOT LISTED FOR SALE

124 Terrace Ave Hempstead, NY 11550

Hempstead Neighborhood

Estimated Value: $596,914 - $645,000

3 Beds
1.5 Baths
1,223 Sq Ft
$508/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $360,000 $294 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,449/month

68 Days on Market

About This Home

As of October 2023

3 bedrooms and 1.5 bathroom single family home close to all. Lots of storage place in basement and the attic. Space for an attached garage and spacious backyard.

Last Agent to Sell the Property

Paul Luciano

Utopia Real Estate Brokerage Phone: 718-359-1900 License #10311206341 Listed on: 07/21/2023

Co-Listed By

Roberto Vannucchi

homegenius Real Estate Brokerage Phone: 718-359-1900 License #10491211701

Last Buyer's Agent

Aneel Ramtej

Aneel Realty License #10311203784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,608

Year Built

  • Built in 1913

Lot Details

  • 2,580 Sq Ft Lot
  • Lot Dimensions are 30x87

Home Design

  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House

Parking

  • Private Parking
  • Unassigned Parking

Schools

  • Alverta B Gray Schultz Middle Sch
  • Hempstead High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 155 / 289
  • Assessor Parcel Number 2013-34-289-00-0155-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,608

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1913
  • New Construction: No
  • Attribution Contact: 718-359-1900
  • Co List Office Mls Id: ONEHMEGEN
  • Co List Office Phone: 877-500-1415
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 3
  • AtticDescription: Partially Finished
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Unassigned

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Alverta B Gray Schultz Middle Sch

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 30x87
  • Lot Size Sq Ft: 2580
  • Lot Size Units: Acres
  • Parcel Number: 2013-34-289-00-0155-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 12608.31
  • Tax Block: 289
  • Tax Lot: 155
  • Tax Other Annual Assessment Amount: 4483.41
  • Tax Map Number: 2013-34-289-00-0155-0

MLS Schools

  • High School: Hempstead High School
  • Middle School District: Hempstead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
165 Chestnut Llc
Bought by
Primes Estates Solution Inc
Current Estimated Value
$620,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Outstanding Balance
$407,004
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$215,380

Purchase Details

Listed on
Jul 21, 2023
Closed on
Oct 23, 2023
Sold by
Wilmington Trust Na and Mfra Trust 2014 2
Bought by
165 Chestnut Llc
Seller's Agent
Paul Luciano
Utopia Real Estate
Buyer's Agent
Aneel Ramtej
Aneel Realty
List Price
$360,000
Sold Price
$360,000
Views
470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.09%
Original Mortgage
$270,000
Interest Rate
7.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2019
Sold by
Rivera Carlos A
Bought by
Wilmington Trust Na

Purchase Details

Closed on
Dec 19, 2003
Sold by
Rivera Francisco
Bought by
Rivera Carlos
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Primes Estates Solution Inc -- Judicial Title
Primes Estates Solution Inc -- Judicial Title
165 Chestnut Llc $360,000 Old Republic Title Ins Co
165 Chestnut Llc $360,000 Old Republic Title Ins Co
165 Chestnut Llc $360,000 Old Republic Title Ins Co
Wilmington Trust Na $318,361 None Available
Wilmington Trust Na $318,361 None Available
Wilmington Trust Na $318,361 None Available
Rivera Carlos $224,000 --
Rivera Carlos $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Primes Estates Solution Inc $409,500
Closed Primes Estates Solution Inc $409,500
Previous Owner 165 Chestnut Llc $270,000
Previous Owner 165 Chestnut Llc $165,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $360,000 0.0% $294 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $360,000 -- $294 / 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 $795 $304 $91 $213
2024 $795 $304 $91 $213
2023 $8,125 $322 $106 $216
2022 $8,125 $304 $91 $213
2021 $11,220 $345 $103 $242
2020 $9,842 $578 $460 $118
2019 $1,121 $578 $460 $118
2018 $8,251 $578 $0 $0
2017 $7,551 $578 $460 $118
2016 $8,563 $578 $460 $118
2015 $968 $578 $460 $118
2014 $968 $578 $460 $118
2013 $896 $578 $460 $118
Source: Public Records

Agents Affiliated with this Home

  • Paul Luciano

    Seller's Agent in 2023

    Paul Luciano

    Utopia Real Estate

    (718) 359-1900

    1 in this area

    179 Total Sales

    Section Image
  • Roberto Vannucchi

    Seller Co-Listing Agent in 2023

    Roberto Vannucchi

    homegenius Real Estate

    (203) 249-7178

    1 in this area

    66 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Aneel Ramtej

    Aneel Realty

    (646) 644-6362

    6 in this area

    16 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3492833

OneKey® MLS

APN: 2013-34-289-00-0155-0

New York Nassau County Hempstead 11550 Hempstead

124 Terrace Ave, Hempstead, NY

This home is located at 124 Terrace Ave, Hempstead, NY 11550 since 21 July 2023 and is currently estimated at $620,957, approximately $507 per square foot. This property was built in 1913. 124 Terrace Ave is a home located in Nassau County with nearby schools including The Academy Charter School, Crescent School, and St Joseph Elementary School.

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