NOT LISTED FOR SALE

489 5th Ave Cedarhurst, NY 11516

Estimated Value: $746,000 - $789,880

3 Beds
1.5 Baths
1,600 Sq Ft
$480/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $580,000 $362 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,580/month

193 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Home Office
  • Deck
  • 1 Fireplace
  • 3-minute walk to Andrew J. Parise Park

About This Home

As of January 2022

Beautiful 3 Bedroom, 1.5 Bathroom, Formal Living room w/Fireplace, Formal Dining Room, Large Eat In Kitchen, Laundry Room, Family Room out to Deck, Hardwood Floors through out, Unfinished Basement, Large Walk-up Attic. Close To All.

Last Agent to Sell the Property

Ann Marie ORourke

Lori & Associates LI Realty License #10401304257 Listed on: 04/26/2021

Lori & Associates LI Realty

Co-Listed By

Liam O'Rourke

BERKSHIRE HATHAWAY License #10401340408

Last Buyer's Agent

Roy Arbeit

Douglas Elliman Real Estate License #10401299604

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,002

Year Built

  • Built in 1908

Lot Details

  • 2,520 Sq Ft Lot
  • Lot Dimensions are 24x105

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Lawrence Middle School-Broadway Camp
  • Lawrence Senior High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 10 / 312
  • Assessor Parcel Number 2003-39-312-00-0010-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,002

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Excellent
  • Year Built: 1908
  • New Construction: No
  • Attribution Contact: 516-295-3000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining Room, Home Office, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Pull Stairs
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1600.00
  • Kitchens: 1
  • Square Footage: 1600.00

Exterior Features

  • Construction Materials: Other, Wood Siding
  • Flood Zone Date: 2021-04-27
  • Flood Zone Report: Yes
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: No Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other
  • Hot Water: On Demand
  • Heating Zones: 1
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Lawrence Middle School-Broadway Camp

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 24x105
  • Lot Size Sq Ft: 2520.00
  • Lot Size Units: Acres
  • Parcel Number: 2003-39-312-00-0010-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-01-20
  • Tax Annual Amount: 8001.98
  • Tax Block: 312
  • Tax Lot: 10
  • Tax Other Annual Assessment Amount: 442.62
  • Tax Map Number: 2003-39-312-00-0010-0

MLS Schools

  • High School: Lawrence Senior High School
  • Middle School District: Lawrence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jan 20, 2022
Sold by
Okeefe Patricia
Bought by
Allayev Sara and Allayev Israel
Seller's Agent
Ann Marie ORourke
Lori & Associates LI Realty
Buyer's Agent
Roy Arbeit
Douglas Elliman Real Estate
List Price
$629,000
Sold Price
$580,000
Premium/Discount to List
-$49,000
-7.79%
Current Estimated Value
$767,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,940
Avg. Annual Appreciation
7.25%
Original Mortgage
$464,000
Outstanding Balance
$428,246
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$339,694

Purchase Details

Closed on
Dec 2, 2003
Sold by
Okeefe Kevin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allayev Sara $580,000 First American Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allayev Sara $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $580,000 0.0% $363 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $580,000 -3.2% $363 / Sq Ft
07/21/2021 07/21/21 Price Changed $599,000 -4.8% $374 / Sq Ft
04/26/2021 04/26/21 For Sale $629,000 -- $393 / 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 $7,250 $516 $199 $317
2024 $2,557 $516 $199 $317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3306999

OneKey® MLS

APN: 2003-39-312-00-0010-0