NOT LISTED FOR SALE

Estimated Value: $754,000 - $918,000

3 Beds
1.5 Baths
1,649 Sq Ft
$489/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $672,500 $408 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,867/month

49 Days on Market

Highlights

  • Garage
  • New Dorp High School Rated A-
  • 1-Story Property

About This Home

As of March 2023

Welcome to 40 Otis Avenue- a detached colonial home located on a beautifully tree-lined street in the heart of New Dorp. This spacious three bedroom, two bathroom home boasts a modern kitchen with a butler's pantry, a modern bathroom on the 1st level, and a gas fireplace in the living room. The home also features 9 ft ceilings, hardwood floors, new windows, an enclosed sun porch, and vinyl siding in excellent condition. The new hot water heater, installed in February 2021, provides efficient and reliable utilities. The full, unfinished basement offers ample storage space, and the property is sitting on a massive 50x103 lot with a 2 car driveway, detached garage and an above ground pool. Enjoy the outdoors on the new deck which was installed in 2019. This home has it all - schedule a showing today!

Last Agent to Sell the Property

Emily Zhang

Bond New York Properties LLC License #10401363305 Listed on: 12/13/2022

Bond New York Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,944

Lot Details

  • 5,140

Parking

  • Garage

Interior Spaces

  • 1,649 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • New Dorp Subdivision

Listing and Financial Details

  • Tax Block 03620

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,944

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: New Dorp
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1649.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: Yes

Building Info

  • Units: 1
  • Total Stories: 1

Tax Info

  • Tax Block: 03620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Mar 13, 2023
Sold by
Lynch Daniel J
Bought by
Puccio Anthony and Puccio Christine Damico
Seller's Agent
Emily Zhang
Bond New York Properties LLC
List Price
$699,000
Sold Price
$672,500
Premium/Discount to List
-$26,500
-3.79%
Views
295
Current Estimated Value
$805,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,154
Avg. Annual Appreciation
7.28%
Original Mortgage
$538,000
Outstanding Balance
$522,203
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$283,451

Purchase Details

Closed on
Dec 6, 2004
Sold by
Lynch Daniel J and Lynch Elizabeth A
Bought by
Lynch Daniel J and Osis Patricia Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Puccio Anthony $672,500 Evident Title Agency
Lynch Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puccio Anthony $538,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2023 05/07/23 Off Market $672,500 -- --
03/13/2023 03/13/23 Sold $672,500 0.0% $408 / Sq Ft
02/08/2023 02/08/23 Off Market $672,500 -- --
02/03/2023 02/03/23 For Sale $699,000 0.0% $424 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/29/2023 01/29/23 Off Market $699,000 -- --
01/26/2023 01/26/23 Price Changed $699,000 -6.8% $424 / Sq Ft
12/13/2022 12/13/22 For Sale $750,000 -- $455 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,944 $51,420 $11,460 $39,960
2024 $6,944 $42,000 $13,236 $28,764
2023 $6,624 $32,618 $10,570 $22,048
2022 $6,143 $42,000 $16,080 $25,920
2021 $6,476 $40,860 $16,080 $24,780
2020 $6,464 $37,980 $16,080 $21,900
2019 $6,027 $39,600 $16,080 $23,520
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10836377

Real Estate Board of New York (REBNY)

APN: 03620-0026