NOT LISTED FOR SALE

5 W Smith St Amityville, NY 11701

Estimated Value: $652,058 - $819,000

6 Beds
2 Baths
2,060 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $685,000 $333 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,887/month

12 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Park
  • Post and Beam
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of August 2024

Explore the potential of this rare two-family home, ideally located in the vibrant community of Amityville. Featuring a spacious 2,060 Sq Ft layout, this property offers dual 3-bedroom, 1-bathroom apartments, each promising comfortable living with ample room to grow. The upper unit mirrors the lower in convenience and style, providing an excellent opportunity for rental income or an opportunity to offset housing expense. This home holds immense potential to become a gem in your real estate portfolio or a personalized home base. The bottom unit has access to a full, unfinished basement-perfect for storage solutions or future renovations to add even more value. Taxes are only $12,745 per year, enhancing its appeal as an investment. Whether you're an investor seeking a lucrative opportunity, or an owner-occupant looking for a home that can also generate income, this property meets all criteria with its promising attributes and excellent location. Don't miss out on this unique opportunity to own a versatile property in Amityville, where potential meets profitability in an inviting community setting.

Last Agent to Sell the Property

Matthew Klages

Realty Evolution Corp Brokerage Phone: 516-826-2141 License #10401327317 Listed on: 05/16/2024

Last Buyer's Agent

Javier Enriquez

Douglas Elliman Real Estate License #10401362509

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,745

Year Built

  • Built in 1960

Lot Details

  • 7,950 Sq Ft Lot
  • Lot Dimensions are 50x159
  • No Common Walls

Home Design

  • Duplex
  • Post and Beam
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Edmund W Miles Middle School
  • Amityville Memorial High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 12 / 1
  • Assessor Parcel Number 0100-165-00-01-00-081-000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,745

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Property Condition: Needs TLC
  • Levels: Three Or More
  • Year Built: 1960
  • New Construction: No
  • Attribution Contact: 516-826-2141
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2060
  • SquareFootage: 2060.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Post and Beam, Aluminum Siding, Vinyl Siding
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Edmund W Miles Middle School

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 50x159
  • Lot Size Sq Ft: 7950
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0100-165-00-01-00-081-000
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-05-21

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas
  • Available Date: 2024-07-15

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 12745.12
  • Tax Block: 1
  • Tax Lot: 12
  • Tax Map Number: 0100-165-00-01-00-081-000

MLS Schools

  • High School: Amityville Memorial High School
  • Middle School District: Amityville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 1998
Sold by
Payandeh Mehrmah and Payandeh Mohamed
Bought by
Smith Alanzo and Smith June
Current Estimated Value
$732,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$18,241
Interest Rate
6.95%
Estimated Equity
$714,024
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
Smith Alanzo $115,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Alanzo $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $685,000 +5.4% $333 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $650,000 -- $316 / 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
2024 $12,745 $3,610 $350 $3,260
2023 $12,745 $3,610 $350 $3,260
2022 $11,434 $3,610 $350 $3,260
2021 $11,434 $3,610 $350 $3,260
2020 $11,628 $3,610 $350 $3,260
2019 $11,628 $0 $0 $0
2018 $11,235 $3,610 $350 $3,260
2017 $11,235 $3,610 $350 $3,260
2016 $11,472 $3,610 $350 $3,260
2015 -- $3,610 $350 $3,260
2014 -- $3,610 $350 $3,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3552346

OneKey® MLS

APN: 0100-165-00-01-00-081-000