NOT LISTED FOR SALE

255 Wallace St Freeport, NY 11520

Estimated Value: $582,000 - $684,383

5 Beds
2 Baths
1,594 Sq Ft
$397/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $250,000 $157 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,053/month

203 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Hot Water Heating System
  • Porch

About This Home

As of June 2014

Legal 2 Family Boasts 5 Bedrooms, 2 Full Baths, Full Basement W/ Ose, 2 Seperate Boilers, And 2 Seperate Electric Meters! Great Opportunity And Income Potential! Freeport Schools And Electric! A Must See!!

Last Agent to Sell the Property

Damien Coleman

DAC Properties Corp Brokerage Phone: 516-378-8888 License #31CO1038953 Listed on: 09/18/2013

Last Buyer's Agent

Pilar Lovelace

Home and Hearth of Long Island License #40LO0758731

Home and Hearth of Long Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,200

Year Built

  • Built in 1920

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 54 x 125
  • No Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 169 / 386
  • Assessor Parcel Number 2009-55-386-00-0169-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,200

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Very Good
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 516-378-8888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 54 X 125
  • Lot Size Sq Ft: 6750
  • Parcel Number: 2009-55-386-00-0169-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 10200
  • Tax Block: 386
  • Tax Lot: 169
  • Tax Map Number: N2009-55-386-00-0169-0

MLS Schools

  • Middle School District: Freeport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Csb Properties Inc
Bought by
Sanchez Carlos E
Current Estimated Value
$633,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Outstanding Balance
$423,765
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$209,427

Purchase Details

Listed on
Sep 18, 2013
Closed on
Jun 3, 2014
Sold by
Martin Edward
Bought by
Csb Properties Inc
Seller's Agent
Damien Coleman
DAC Properties Corp
Buyer's Agent
Pilar Lovelace
Home and Hearth of Long Island
List Price
$330,000
Sold Price
$250,000
Premium/Discount to List
-$80,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Oct 31, 2012
Sold by
The Gillen
Bought by
Martin Edward

Purchase Details

Closed on
Sep 18, 2012
Sold by
Quinn Dennis
Bought by
Martin Edward

Purchase Details

Closed on
Aug 20, 2010
Sold by
Hernandez Ismaela M
Bought by
Quinn Dennis

Purchase Details

Closed on
Jun 27, 2005
Sold by
Freeport
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Carlos E -- Westcor Land Title Ins Co
Csb Properties Inc $250,000 Fidelity National Title
Martin Edward -- --
Martin Edward $60,000 --
Quinn Dennis -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Carlos E $437,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2014 06/24/14 Sold $250,000 -24.2% $157 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
09/18/2013 09/18/13 For Sale $330,000 -- $207 / 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 $8,905 $413 $142 $271
2024 $964 $429 $150 $279
Source: Public Records

Agents Affiliated with this Home

  • Damien Coleman

    Seller's Agent in 2014

    Damien Coleman

    DAC Properties Corp

    (516) 378-8888

    2 in this area

    45 Total Sales

    Damien Coleman
    Section Image

  • P

    Buyer's Agent in 2014

    Pilar Lovelace

    Home and Hearth of Long Island

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY2616289

OneKey® MLS

APN: 2009-55-386-00-0169-0

New York Nassau County Freeport 11520

255 Wallace St, Freeport, NY

Not Listed for Sale

MultiFamily

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