NOT LISTED FOR SALE

271 Louis Ave Floral Park, NY 11001

Estimated Value: $730,160 - $902,000

5 Beds
2.5 Baths
1,550 Sq Ft
$527/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $567,000 $366 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,629/month

118 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Property is near public transit
  • Den
  • Wet Bar

About This Home

As of January 2024

Discover a hidden gem in South Floral Park, NY! This 5-bedroom, 2-bathroom house with a full basement has remarkable potential, though it requires some work. The legal 2-family designation offers income-generating possibilities. Located in the Village of South Floral Park, the spacious layout includes a cozy living room, dining area, and ample bedrooms. With a little TLC, this property can become your dream family home or a lucrative investment opportunity. Embrace the potential and envision the endless possibilities in this charming residence. Don't miss out-schedule a private viewing today!

Last Agent to Sell the Property

Matthew Klages

Realty Evolution Corp Brokerage Phone: 516-826-2141 License #10401327317 Listed on: 07/21/2023

Last Buyer's Agent

Michael Sessa

Realty Evolution Corp License #10401232641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,696

Year Built

  • Built in 1961

Lot Details

  • 4,872 Sq Ft Lot
  • Lot Dimensions are 56x87
  • No Common Walls

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Finished Basement

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

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Sewanhaka High Middle School
  • Sewanhaka High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 26 / 350
  • Assessor Parcel Number 2031-32-350-00-0026-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,696

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1961
  • New Construction: No
  • Attribution Contact: 516-826-2141
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Wet Bar
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 1550
  • SquareFootage: 1550.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Sewanhaka High School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 56x87
  • Lot Size Sq Ft: 4872
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2031-32-350-00-0026-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 9696.08
  • Tax Block: 350
  • Tax Lot: 26
  • Tax Other Annual Assessment Amount: 1368.08
  • Tax Map Number: 2031-32-350-00-0026-0
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • High School: Sewanhaka High School
  • Middle School District: Sewanhaka Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
H & G 271St Street Llc
Bought by
Cole Yvonne Virgo and Cole Alphanso
Current Estimated Value
$816,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,245
Outstanding Balance
$982,117
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
-$166,037

Purchase Details

Listed on
Jul 21, 2023
Closed on
Jan 29, 2024
Sold by
Lindsay Debra A and Lwt Of Elmer G Scott
Bought by
H & G 271St Street Llc
Seller's Agent
Matthew Klages
Realty Evolution Corp
Buyer's Agent
Michael Sessa
Realty Evolution Corp
List Price
$600,000
Sold Price
$567,000
Premium/Discount to List
-$33,000
-5.5%
Views
236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.07%
Original Mortgage
$565,500
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 1, 2007
Sold by
Scott Elmer
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
Cole Yvonne Virgo $925,000 Chicago Title Insurance Co
Cole Yvonne Virgo $925,000 Chicago Title Insurance Co
H & G 271St Street Llc $567,000 Old Republic Natl Ttl Ins Co
H & G 271St Street Llc $567,000 Old Republic Natl Ttl Ins Co
H & G 271St Street Llc $567,000 Old Republic Natl Ttl Ins Co
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Yvonne Virgo $988,245
Closed Cole Yvonne Virgo $988,245
Previous Owner H & G 271St Street Llc $565,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $567,000 0.0% $366 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/16/2023 11/16/23 Off Market $567,000 -- --
11/16/2023 11/16/23 For Sale $600,000 0.0% $387 / Sq Ft
10/26/2023 10/26/23 Price Changed $600,000 0.0% $387 / Sq Ft
10/26/2023 10/26/23 For Sale $600,000 +5.8% $387 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/06/2023 08/06/23 Off Market $567,000 -- --
08/06/2023 08/06/23 For Sale $550,000 -3.0% $355 / Sq Ft
07/24/2023 07/24/23 Off Market $567,000 -- --
07/21/2023 07/21/23 For Sale $550,000 -- $355 / 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 $2,183 $495 $231 $264
2024 $2,183 $495 $231 $264
2023 $8,330 $495 $231 $264
2022 $8,330 $495 $231 $264
2021 $11,145 $473 $221 $252
2020 $14,817 $692 $497 $195
2019 $8,254 $692 $497 $195
2018 $7,729 $692 $0 $0
2017 $5,149 $692 $497 $195
2016 $6,998 $692 $420 $272
2015 $1,730 $730 $444 $286
2014 $1,730 $730 $444 $286
2013 $1,838 $818 $497 $321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3492681

OneKey® MLS

APN: 2031-32-350-00-0026-0