NOT LISTED FOR SALE

169 Silver Lake Rd Staten Island, NY 10301

Tompkinsville Neighborhood

Estimated Value: $610,000 - $932,660

-- Bed
-- Bath
1,260 Sq Ft
$657/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $565,000 $448 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,825/month

13 Days on Market

Highlights

  • 1 Car Attached Garage
  • Cooling Available
  • Hot Water Baseboard Heater

About This Home

As of July 2020

Wonderful 3 Family Brick home with tremendous potential. Main unit is a huge 2 bedroom apartment. 2nd floor features a studio & 1 bedroom apartment. Potential rent roll of $50,400. (Potential 9% cap rate).

Last Agent to Sell the Property

Ragheb Mick Baig

Coldwell Banker Advantage Listed on: 01/23/2020

Last Buyer's Agent

Ragheb Mick Baig

Robert DeFalco Realty, Inc. License #10301214177

Robert DeFalco Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,107

Year Built

  • Built in 1931

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 17x37

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $44,400

Listing and Financial Details

  • Legal Lot and Block 0015 / 00128
  • Assessor Parcel Number 00128-0015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,107

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Lot Size: 17x37
  • Directions: SILVER LAKE ROAD
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1931
  • General Property Info:Public Remarks3: Wonderful 3 Family Brick home with tremendous potential. Main unit is a huge 2 bedroom apartment. 2nd floor features a studio & 1 bedroom apartment. Potential rent roll of $50,400. (Potential 9% cap rate).
  • ContractLocation Information:List PriceSqFt2: 448.41
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Good
  • Income Expenses Gross Income: 44400.0
  • Annual Expenses: 10000.0
  • Income Expenses Net Income: 34400.0
  • General Property Info: Number of AC Units: 2.0
  • General Property Info:Year Built Info: Approx
  • Special Features: None
  • Stories: 2
  • Year Built: 1931

Interior Features

  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 3
  • Appliances:Total Number Ranges: 3
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street
  • Parking:Off Street: Yes
  • Garage Location:Attached: Yes

Utilities

  • Green Building Features: Cable
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Extras:Cable3: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 2400.0
  • Lot Size Units: Square Feet
  • Parcel #: 00128-0015
  • Zoning: R3A
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2400.0
  • General Property Info:Lot Dim: 20x120

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 44400.0
  • Property Net Operating Income: 34400.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 4107.0
  • Tax Block: 00128
  • Tax Lot: 0015
  • General Property Info:Taxes2: 4107.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jul 7, 2020
Sold by
Silverlake 169 Associates Llc
Bought by
Taormina Salvatone
Seller's Agent
Ragheb Mick Baig
Coldwell Banker Advantage
Buyer's Agent
Ragheb Mick Baig
Robert DeFalco Realty, Inc.
List Price
$564,999
Sold Price
$565,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$827,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,415
Avg. Annual Appreciation
7.35%
Original Mortgage
$423,750
Outstanding Balance
$375,049
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$452,366

Purchase Details

Closed on
Oct 25, 2007
Sold by
Shahin Mousa M
Bought by
Silverlake 169 Associates Llc

Purchase Details

Closed on
Jan 3, 2003
Sold by
Mccoy Darin and Wells Fargo Bank Minnesota Na
Bought by
Shahin Mousa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1930
Sold by
Kuper Edward
Bought by
Mccoy Darin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Taormina Salvatone $565,000 Express Abstract Svcs Inc
Silverlake 169 Associates Llc -- None Available
Shahin Mousa M $260,000 Madison Title Agency
Mccoy Darin $160,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taormina Salvatone $423,750
Previous Owner Shahin Mousa M $234,000
Previous Owner Mccoy Darin $128,000
Closed Mccoy Darin $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2020 07/07/20 Sold $565,000 0.0% $448 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $564,999 -- $448 / 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
2025 $5,456 $33,060 $8,296 $24,764
2024 $5,456 $34,200 $7,958 $26,242
2023 $5,205 $25,627 $6,761 $18,866
2022 $4,827 $30,900 $10,020 $20,880
2021 $4,800 $25,560 $10,020 $15,540
2020 $4,841 $26,460 $10,020 $16,440
2019 $4,748 $23,280 $10,020 $13,260
2018 $4,353 $21,356 $9,239 $12,117
2017 $4,107 $20,148 $7,682 $12,466
2016 $3,800 $19,008 $8,942 $10,066
2015 $3,620 $19,008 $11,118 $7,890
2014 $3,620 $18,864 $11,034 $7,830
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ragheb Mick Baig

    Coldwell Banker Advantage

  • R

    Buyer's Agent in 2020

    Ragheb Baig

    Prime Time Real Estate, Inc.

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1135091

Staten Island Multiple Listing Service

APN: 00128-0015

New York Richmond County Staten Island 10301 Tompkinsville

169 Silver Lake Rd, Staten Island, NY

Not Listed for Sale

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