488 Midland Ave Staten Island, NY 10306
Midland Beach Neighborhood
4
Beds
2.5
Baths
1,576
Sq Ft
4,356
Sq Ft Lot
Highlights
- Wood Flooring
- Detached Garage
- Back and Front Yard
- New Dorp High School Rated A-
- Multiple cooling system units
- 2-minute walk to Midland Beach
About This Home
As of November 2024Discover the perfect investment or multi-generational living opportunity in the heart of New Dorp, Staten Island! This fully detached two-family home boasts a functional layout with a 2-bedroom unit over another 2-bedroom unit, each offering its own full bathroom. The main unit elevates convenience with an additional half bathroom, providing extra comfort. The property includes a fully detached garage with space for at least two cars, ensuring ample parking or storage. What truly sets this home apart is its prime location. Situated just minutes from public transportation, a variety of shops, popular restaurants, and supermarkets, you'll have everything you need within a short distance. Plus, enjoy Midland Beach for those summer getaways or weekend relaxation. Whether you're looking for an income generating property or a comfortable residence this home offers the best of Staten Island living!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,354
Year Built
- Built in 1930
Lot Details
- Lot Dimensions are 107 x 40
- Back and Front Yard
Parking
- Detached Garage
Home Design
- Poured Concrete
- Stucco Exterior
Interior Spaces
- 2-Story Property
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Multiple cooling system units
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 3739
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Nov 22, 2024
Sold by
Benigno Philip S and Benigno Kathleen M
Bought by
Capric Admir and Capric Almir
Seller's Agent
Minnie Lin
Momentum Real Estate LLC
Buyer's Agent
Minnie Lin
Momentum Real Estate LLC
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%
Total Days on Market
0
Views
29
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
$25,578
Avg. Annual Appreciation
6.58%
Original Mortgage
$558,750
Outstanding Balance
$556,689
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$213,889
Purchase Details
Closed on
Jan 23, 2003
Sold by
Freligh Robert A and Freligh Debra A
Bought by
Benigno Philip S and Benigno Kathleen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Staten Island, NY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $745,000 | Old Republic National Title In | |
| Bargain Sale Deed | $745,000 | Old Republic National Title In | |
| Bargain Sale Deed | $246,000 | Integrity Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $558,750 | New Conventional | |
| Closed | $558,750 | New Conventional | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $218,401 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $196,800 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $745,000 | +2.8% | $473 / Sq Ft |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $725,000 | 0.0% | $460 / Sq Ft |
| 06/11/2015 06/11/15 | Rented | $1,350 | 0.0% | -- |
| 06/11/2015 06/11/15 | For Rent | $1,350 | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $4,338 | $46,380 | $3,688 | $42,692 |
| 2023 | $4,354 | $21,438 | $3,850 | $17,588 |
| 2022 | $4,038 | $35,880 | $7,920 | $27,960 |
| 2021 | $4,015 | $33,780 | $7,920 | $25,860 |
| 2020 | $3,810 | $31,740 | $7,920 | $23,820 |
| 2019 | $3,765 | $30,540 | $7,920 | $22,620 |
| 2018 | $3,642 | $17,865 | $5,149 | $12,716 |
| 2017 | $3,436 | $16,854 | $5,150 | $11,704 |
| 2016 | $3,179 | $15,900 | $6,209 | $9,691 |
| 2015 | $2,879 | $15,000 | $6,600 | $8,400 |
| 2014 | $2,879 | $15,000 | $6,600 | $8,400 |
Source: Public Records
Agents Affiliated with this Home
-
Minnie Lin
Seller's Agent in 2024
Minnie Lin
Momentum Real Estate LLC
(917) 330-0628
7 in this area
262 Total Sales
-
Ann Lopa
A
Seller's Agent in 2015
Ann Lopa
Anne Lopa Real Estate
(718) 227-1111
41 Total Sales
-
B
Buyer's Agent in 2015
BROKER NON-MLS
Reliable Sell & Buy Realty Inc
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 486074
APN: 03739-0029
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