40 Otis Ave Staten Island, NY 10306
New Dorp NeighborhoodEstimated Value: $768,332 - $870,000
3
Beds
1.5
Baths
1,649
Sq Ft
$489/Sq Ft
Est. Value
Highlights
- Garage
- New Dorp High School Rated A-
- 1-Story Property
About This Home
As of March 2023Welcome 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,944
Year Built
- 1920
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
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%
Total Days on Market
49
Views
295
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,083
Avg. Annual Appreciation
8.36%
Original Mortgage
$538,000
Outstanding Balance
$525,017
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$280,566
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
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Lynch Daniel J | $607,500 | |
| Previous Owner | Lynch Daniel J | $102,890 | |
| Previous Owner | Lynch Daniel J | $106,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
-
Emily Zhang
Seller's Agent in 2023
Emily Zhang
Bond New York Properties LLC
(917) 648-1893
1 in this area
3 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10836377
APN: 03620-0026
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