NOT LISTED FOR SALE

Estimated Value: $851,000 - $987,021

-- Bed
-- Bath
2,622 Sq Ft
$357/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $562,500 $215 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,690/month

144 Days on Market

Highlights

  • 0.11 Acre Lot
  • 1 Car Detached Garage
  • Hot Water Baseboard Heater
  • P.S. 39 The Francis J. Murphy Jr. School Rated A-

About This Home

As of February 2015

Solid brick building, over-sized garage w/workshop, large fenced in garden patio area. Ceramic & hardwood floors, convenient to VZ Bridge, shopping & transportation. No flood insurance required.

Last Agent to Sell the Property

Joseph Fedele

Century 21 Papp Realty License #30FE0446394 Listed on: 06/07/2014

Last Buyer's Agent

Shinjier Yang

Prospect We Realty Inc. License #10311206283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,631

Year Built

  • Built in 1930

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 21 x 46.5

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,622 Sq Ft Home
  • 3-Story Property

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $48,000

Listing and Financial Details

  • Legal Lot and Block 0038 / 03118
  • Assessor Parcel Number 03118-0038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,631

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Lot Size: 21 X 46.5
  • Modification Timestamp: 2024-09-25
  • Directions: Railroad Ave (Corner of)
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1930
  • General Property Info:Public Remarks3: Solid brick building, over-sized garage w/workshop, large fenced in garden patio area. Ceramic & hardwood floors, convenient to VZ Bridge, shopping & transportation. No flood insurance required.
  • ContractLocation Information:List PriceSqFt2: 220.82
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Good
  • Income Expenses Gross Income: 48000.0
  • Annual Expenses: 11500.0
  • Income Expenses Net Income: 36500.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 21 X 46.5
  • Special Features: None
  • Stories: 3
  • Year Built: 1930

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 3
  • Appliances:Total Number Ranges: 3
  • General Property Info Basement Desc: Legal Apt.

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

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

Utilities

  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes

Lot Info

  • Lot Size Sq Ft: 4950.0
  • Lot Size Units: Square Feet
  • Parcel #: 03118-0038
  • Zoning: R3-1
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 4950.0
  • General Property Info:Lot Dim: 66 X 100

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 48000.0
  • Property Net Operating Income: 36500.0
  • Annual Operating Expense: 11500.0

Tax Info

  • Tax Annual Amount: 5631.0
  • Tax Block: 03118
  • Tax Lot: 0038
  • General Property Info:Taxes2: 5631.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2014
Closed on
Feb 25, 2015
Sold by
23 Cedar Lane Llc
Bought by
Tam Kenric
Seller's Agent
Joseph Fedele
Century 21 Papp Realty
Buyer's Agent
Shinjier Yang
Prospect We Realty Inc.
List Price
$562,500
Sold Price
$562,500
Current Estimated Value
$935,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,755
Avg. Annual Appreciation
4.90%
Original Mortgage
$390,000
Outstanding Balance
$140,014
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$795,241

Purchase Details

Closed on
Jun 24, 2008
Sold by
Berardi Josephine and Pisano Angela
Bought by
23 Cedar Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2000
Sold by
Whyte Walter B and Whyte Lillian B
Bought by
Villa Cafe Two Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.21%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Tam Kenric $562,500 None Available
23 Cedar Lane Llc -- None Available
Villa Cafe Two Inc $299,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Kenric $390,000
Previous Owner 23 Cedar Lane Llc $75,000
Previous Owner Villa Cafe Two Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $562,500 0.0% $215 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
06/07/2014 06/07/14 For Sale $562,500 -- $215 / 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 $8,538 $47,580 $14,420 $33,160
2024 $8,538 $45,780 $14,987 $30,793
2023 $8,428 $41,500 $12,459 $29,041
2022 $7,816 $45,600 $16,140 $29,460
2021 $7,773 $43,320 $16,140 $27,180
2020 $7,511 $41,340 $16,140 $25,200
2019 $7,423 $40,200 $16,140 $24,060
2018 $7,050 $34,583 $13,121 $21,462
2017 $6,651 $32,626 $14,951 $17,675
2016 $6,153 $30,780 $16,140 $14,640
2015 $5,665 $29,520 $13,440 $16,080
2014 $5,665 $29,520 $13,440 $16,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1089380

Staten Island Multiple Listing Service

APN: 03118-0038