NOT LISTED FOR SALE

338 N Terrace Ave Mount Vernon, NY 10550

North Side Neighborhood

Estimated Value: $608,963 - $748,000

5 Beds
3 Baths
2,080 Sq Ft
$333/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $405,000 $195 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,864/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Park

About This Home

As of March 2020

Legal 3 family home. Great as an investment property or to live in a portion and rent the rest. 1st floor and 2nd floor are tenant
occupied. No current leases. They are month to month tenants. Owner would like to sell home with existing tenants occupying 1st and 2nd floor. 3rd floor unit is vacant. Above taxes do not reflect the basic star deduction of $2330.00. Please verify taxes and square footage with municipality. Additional Information: HeatingFuel:Oil Above Ground,

Last Agent to Sell the Property

Maria DeRosa

Berkshire Hathaway HS NY Prop License #40DE0910440 Listed on: 11/14/2019

Berkshire Hathaway HS NY Prop

Last Buyer's Agent

Amanda Perez

RE/MAX Boutique Realty License #10401304757

RE/MAX Boutique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,039

Year Built

  • Built in 1920

Lot Details

  • 2,984

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Hamilton Elementary School
  • Benjamin Turner Middle School
  • Mt Vernon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater

Additional Features

  • 2,984 Sq Ft Lot
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 0800-165-045-01092-000-0007

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,039

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Property Condition: Estimated
  • Year Built: 1920
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oil Water Heater
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Shingle Siding
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Benjamin Turner Middle School

Lot Info

  • Lot Size Acres: 0.0685
  • Lot Size Area: 0.0685
  • Lot Size Sq Ft: 2984
  • Building Area Total: 2080
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 0800-165-045-01092-000-0007
  • Property Attached: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 13039
  • Tax Year: 2018

MLS Schools

  • Elementary School: Hamilton
  • High School: Mt Vernon High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Mar 13, 2020
Sold by
Todman Anthony
Bought by
Center Shneeka
Seller's Agent
Maria DeRosa
Berkshire Hathaway HS NY Prop
Buyer's Agent
Amanda Perez
RE/MAX Boutique Realty
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%
Current Estimated Value
$691,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,991
Avg. Annual Appreciation
10.41%
Original Mortgage
$393,560
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 1997
Sold by
Fleetwood High Realty Corp
Bought by
Todman Anthony

Purchase Details

Closed on
Apr 12, 1996
Sold by
Pilkington John J and Pilkington Lillian C
Bought by
Fleetwood High Realty
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
Center Shneeka $430,000 None Available
Todman Anthony $150,000 Commonwealth Land Title Ins
Fleetwood High Realty $180,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Center Shneeka $461,250
Closed Center Shneeka $40,681
Previous Owner Center Shneeka $393,560
Previous Owner Todman Anthony $115,765
Previous Owner Todman Anthony $135,000
Previous Owner Todman Anthony $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $405,000 -- --
03/16/2020 03/16/20 Sold $405,000 -1.0% $195 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/25/2019 11/25/19 Price Changed $409,000 -4.7% $197 / Sq Ft
11/14/2019 11/14/19 For Sale $429,000 -- $206 / 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
2024 $14,520 $8,800 $1,500 $7,300
2023 $11,299 $8,800 $1,500 $7,300
2022 $13,875 $8,800 $1,500 $7,300
2021 $13,625 $8,800 $1,500 $7,300
2020 $12,977 $8,800 $1,500 $7,300
2019 $12,816 $8,800 $1,500 $7,300
2018 $6,053 $8,800 $1,500 $7,300
2017 $0 $8,800 $1,500 $7,300
2016 $12,534 $8,800 $1,500 $7,300
2015 -- $8,800 $1,500 $7,300
2014 -- $8,800 $1,500 $7,300
2013 -- $8,800 $1,500 $7,300
Source: Public Records

Agents Affiliated with this Home

  • Maria DeRosa

    Seller's Agent in 2020

    Maria DeRosa

    Berkshire Hathaway Home Services

    (914) 755-9678

    21 Total Sales

    Maria DeRosa
    Section Image

  • A

    Buyer's Agent in 2020

    Amanda Perez

    RE/MAX

    Section Image
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Map

Source: OneKey® MLS

MLS Number: H5115694

OneKey® MLS

APN: 0800-165-045-01092-000-0007

New York Westchester County Mount Vernon 10550 North Side

338 N Terrace Ave, Mount Vernon, NY

This home is located at 338 N Terrace Ave, Mount Vernon, NY 10550 since 14 November 2019 and is currently estimated at $691,991, approximately $332 per square foot. This property was built in 1920. 338 N Terrace Ave is a home located in Westchester County with nearby schools including Mount Vernon Leadership Academy, Mount Vernon High School, and Our Lady of Victory School.

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