NOT LISTED FOR SALE

38-40 N Cottage St Valley Stream, NY 11580

Estimated Value: $973,000

5 Beds
3.5 Baths
2,300 Sq Ft
$423/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $427,000 $186 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $6,092/month

169 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Detached Garage
  • Central Air

About This Home

As of August 2013

Valley Stream Home. Investment Property. 1 Family Next To A 2 Family. Owner Side Is 3 Bedroom With Finished Basement & Walkup Attic W/ Central Air. Tenant Side Has 2 Units. 1st Fl Is 4 Room, 1 Bedroom With Finished Basement. 2nd Fl Is 1 Bedroom With Walkup Attic. Each Unit Has Separate Electric/Stove Gas. 1st Fl Has Separate Heat. 2nd Fl Shares Heat With Owner. 2 H20 Lines, Additional information: Appearance:Move In,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Charles Maione

Douglas Elliman Real Estate Brokerage Phone: 516-354-6500 License #30MA0969498 Listed on: 12/04/2012

Douglas Elliman Real Estate

Last Buyer's Agent

Charles Maione

Douglas Elliman Real Estate Brokerage Phone: 516-354-6500 License #30MA0969498 Listed on: 12/04/2012

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,791

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • 1 Common Wall

Parking

  • Detached Garage

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 96
  • Assessor Parcel Number 2035-37-096-00-0002-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,791

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1925
  • Attribution Contact: 516-354-6500
  • CurrentPrice: 427000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Carpet, Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Steam
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40 X 100
  • Lot Size Sq Ft: 4000
  • Parcel Number: 2035-37-096-00-0002-0
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: Resident A

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 12791
  • Tax Block: 96
  • Tax Lot: 2

MLS Schools

  • Middle School District: Valley Stream - 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2016
Sold by
Chacon Anthony
Bought by
Chalice Capital Llc
Current Estimated Value
$973,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$595,491
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$377,509

Purchase Details

Listed on
Dec 4, 2012
Closed on
Aug 15, 2013
Sold by
Schneider Richard C and Schneider Nita E
Bought by
Chacon Anthony
Seller's Agent
Charles Maione
Douglas Elliman Real Estate
Buyer's Agent
Charles Maione
Douglas Elliman Real Estate
List Price
$450,000
Sold Price
$427,000
Premium/Discount to List
-$23,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Source: Public Records
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
Chalice Capital Llc -- None Available
Chacon Anthony $427,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chalice Capital Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $427,000 -5.1% $186 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $450,000 -- $196 / 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 $12,112 $618 $159 $459
2024 $2,458 $647 $167 $480
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L2542886

OneKey® MLS

APN: 2035-37-096-00-0002-0