NOT LISTED FOR SALE

196 N Central Ave Valley Stream, NY 11580

Estimated Value: $630,453

4 Beds
2 Baths
1,204 Sq Ft
$524/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $640,000 $532 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,909/month

197 Days on Market

Highlights

  • Cape Cod Architecture
  • Private Lot
  • Wood Flooring
  • Property is near public transit
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of April 2024

Make this your next Home...Beautiful Cape With Extended Front Commercial Space. 4 Bedroom2 Bathrooms, Livingroom, Eat in Kitchen/Dining room . Primary Bedroom on 1st floor Full Finished Basement. Newer Windows throughout. Detached 1 Car Garage long driveway. Close to Parks, Pool, Schools and Public Transportation and shopping Seize the opportunity to claim this Mix USE venture and secure your future as a savvy investor - act now and empower your financial success!" Extraordinary Valley Stream Residence with Income Potential Residential Zoned Property FHA and Conventional Loan Approvable Welcome to a property that defies expectations and offers a world of possibilities! This remarkable Valley Stream residence seamlessly combines the best of both worlds, presenting a unique opportunity for personal comfort and financial gain. Here's why this property is a standout gem: Commercial Office and Store Space: With a commercial office and store space on-site, you have the keys to unlock endless profit potential. Lease it to businesses or start your entrepreneurial dream right at home. Successful Airbnb Income: The rear residential area operates as a highly successful Airbnb, consistently generating substantial cash flow. Your guests become a steady source of income, offering you peace of mind Bedrooms & 2 Bathrooms: This spacious home is meticulously designed for families in search of comfort and tranquility. A warm and inviting haven for all. Expansive Driveway and Gorgeous Backyard: Create memorable moments with family and friends in the ample outdoor space. This property is your canvas for joyful gatherings and unforgettable memories. Sizable Basement with Separate Entrance: The sizable basement with a separate entrance opens the door to endless possibilities. Expand your living space, create a rental unit, or explore additional income streams - the choice is yours. Attractive Tax Benefits: Zoned for residential use, this property brings with it the promise of attractive tax benefits, making your investment even more appealing. Prime Location with Exceptional Schools: Nestled in a prime area known for its exceptional schools and educational institutions, this property ensures a superior learning environment for families. Don't miss this once-in-a-lifetime opportunity to secure a truly remarkable property that blends personal comfort with limitless potential for financial growth. Explore the myriad possibilities that await you at this extraordinary Valley Stream residence.

Last Agent to Sell the Property

hassan shah

Keller Williams Realty Greater Brokerage Phone: 516-825-6511 License #10401343373 Listed on: 05/21/2023

Keller Williams Realty Greater

Last Buyer's Agent

Sareng Halim

Guardians Home Realty Inc License #10311208429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,165

Year Built

  • Built in 1926

Lot Details

  • 2,920 Sq Ft Lot
  • Lot Dimensions are 40x73
  • South Facing Home
  • Private Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Advanced Framing
  • Insulated Concrete Forms

Interior Spaces

  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Home Office
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Valley Stream Memorial Jr High Schoo Middle School
  • Valley Stream Central High School

Utilities

  • Central Air
  • Heating System Uses Oil

Additional Features

  • ADA Inside
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 156 / 267
  • Assessor Parcel Number 2035-37-267-00-0156-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,165

Year Built

Built in 1926

Lot Details

2,920 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Property SubType: Single Family Residence
  • Accessibility Features: ADA Inside
  • Year Built: 1926
  • New Construction: No
  • Attribution Contact: 516-825-6511
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Home Office, Storage
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: Yes
  • AtticDescription: Full,Walkup
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: South
  • Construction Materials: Advanced Framing Technique, ICFs (Insulated Concrete Forms), Brick, Other
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Electric
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Valley Stream Memorial Jr High Schoo

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 40x73
  • Lot Size Sq Ft: 2920
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 2035-37-267-00-0156-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-05-23

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 8165
  • Tax Block: 267
  • Tax Lot: 156
  • Tax Map Number: 2035-37-267-00-0156-0

MLS Schools

  • High School: Valley Stream Central High School
  • Middle School District: Valley Stream - 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Mar 18, 2024
Sold by
196 N Central Ave Inc
Bought by
Lipi Ishrat J
Seller's Agent
hassan shah
Keller Williams Realty Greater
Buyer's Agent
Sareng Halim
Guardians Home Realty Inc
List Price
$799,000
Sold Price
$640,000
Premium/Discount to List
-$159,000
-19.9%
Views
976
Current Estimated Value
$630,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,547
Avg. Annual Appreciation
-0.78%
Original Mortgage
$649,266
Outstanding Balance
$637,813
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
-$7,360

Purchase Details

Closed on
Jan 20, 2023
Sold by
Heavens Flower Inc
Bought by
196 N Central Ave Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.48%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 13, 2021
Sold by
Isakson Arthur A and Isakson Vivian E
Bought by
Heavens Flower Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lipi Ishrat J $672,000 None Available
Lipi Ishrat J $672,000 None Available
196 N Central Ave Inc -- Freedom Land Title
196 N Central Ave Inc -- Freedom Land Title
196 N Central Ave Inc -- Freedom Land Title
196 N Central Ave Inc -- Freedom Land Title
Heavens Flower Inc $300,000 American Land Title
Heavens Flower Inc $300,000 American Land Title
Heavens Flower Inc $300,000 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipi Ishrat J $649,266
Closed Lipi Ishrat J $649,266
Previous Owner 196 N Central Ave Inc $346,500
Previous Owner Heavens Flower Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $640,000 -8.5% $532 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $699,500 -0.1% $581 / Sq Ft
10/17/2023 10/17/23 Price Changed $699,999 -6.7% $581 / Sq Ft
09/22/2023 09/22/23 Price Changed $749,999 -2.9% $623 / Sq Ft
08/03/2023 08/03/23 Price Changed $772,500 -3.3% $642 / Sq Ft
05/21/2023 05/21/23 For Sale $799,000 -- $664 / Sq Ft
Source: OneKey® MLS

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 $7,962 $395 $137 $258
2024 $1,541 $379 $137 $242
2023 $8,165 $379 $137 $242
2022 $8,165 $379 $137 $242
2021 $8,538 $363 $131 $232
2020 $8,427 $620 $371 $249
2019 $1,546 $620 $371 $249
2018 $1,479 $620 $0 $0
2017 $5,968 $620 $371 $249
2016 $7,384 $620 $371 $249
2015 $1,389 $620 $371 $249
2014 $1,389 $620 $371 $249
2013 $1,292 $620 $371 $249
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3479625

OneKey® MLS

APN: 2035-37-267-00-0156-0

Your Personal Tour Guide

Ask me questions while you tour the home.