NOT LISTED FOR SALE

Estimated Value: $774,000 - $898,000

3 Beds
2.5 Baths
1,404 Sq Ft
$590/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $761,500 $542 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,200/month

80 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2024

Welcome to 521 N 7th Street in beautiful New Hyde Park, a newly renovated gem waiting for you to call it home. This stunning property features four spacious bedrooms and three modern bathrooms, perfect for accommodating your family and guests. The open-concept kitchen boasts brand-new stainless steel appliances, granite countertops, and custom cabinetry, making it a chef's dream. Enjoy the elegant hardwood floors that flow throughout the home, providing warmth and style. The fully finished basement offers additional living space, perfect for a home office, gym, or playroom. Conveniently located near shopping centers, and public transportation, this home ensures an easy and comfortable lifestyle. This property is move-in ready and maintenance-free for years to come. Don't miss the opportunity to own this exquisite home in one of New Hyde Park's most sought-after neighborhoods.

Last Agent to Sell the Property

Yanan Eill

E Realty International Corp Brokerage Phone: 718-487-9992 License #10401332485 Listed on: 06/01/2024

E Realty International Corp

Co-Listed By

Ka man Lai

P R O Links Realty Inc Brokerage Phone: 718-487-9992 License #10401371095

Last Buyer's Agent

Nazim Mohamed

Affordable Realty Corp License #31MO0775980

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,589

Year Built

  • Built in 1940

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • New Hyde Park Road Elementary School
  • New Hyde Park Memorial High Middle School
  • New Hyde Park Memorial High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 38 / 29
  • Assessor Parcel Number 2227-08-029-00-0038-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,589

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Exp Cape
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 718-487-9992
  • Co List Office Mls Id: ONEPRLK01
  • Co List Office Phone: 718-487-9992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished
  • Total Bedrooms: 3
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: New Hyde Park Memorial High School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Parcel Number: 2227-08-029-00-0038-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 12589.15
  • Tax Block: 29
  • Tax Lot: 38
  • Tax Map Number: 2227-08-029-00-0038-0

MLS Schools

  • Elementary School: New Hyde Park Road School
  • High School: New Hyde Park Memorial High School
  • Middle School District: New Hyde Park-Garden City Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Oct 23, 2024
Sold by
Patel Manibhai Nagajibhai
Bought by
Ghimire Damodar and Khanal Binita Kumari
Seller's Agent
Yanan Eill
E Realty International Corp
Buyer's Agent
Nazim Mohamed
Affordable Realty Corp
List Price
$739,888
Sold Price
$761,500
Premium/Discount to List
$21,612
2.92%
Views
216
Current Estimated Value
$892,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,431
Avg. Annual Appreciation
21.63%
Original Mortgage
$319,000
Outstanding Balance
$316,472
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$570,669

Purchase Details

Listed on
Oct 1, 2022
Closed on
May 12, 2023
Sold by
Singh Balwinder
Bought by
Patel Manibhai Nagajibhai
Seller's Agent
Aslam Ansari
Elite Synergy Realty Inc
Buyer's Agent
Baljinder Singh
Effective Realty Group Inc
List Price
$649,000
Sold Price
$565,000
Premium/Discount to List
-$84,000
-12.94%
Views
248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.86%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bourandas George
Bought by
Singh Balwinder
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
Ghimire Damodar $761,500 Judicial Title
Ghimire Damodar $761,500 Judicial Title
Patel Manibhai Nagajibhai $565,000 Judicial Title
Patel Manibhai Nagajibhai $565,000 Judicial Title
Patel Manibhai Nagajibhai $565,000 Judicial Title
Singh Balwinder $470,000 --
Singh Balwinder $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghimire Damodar $319,000
Closed Ghimire Damodar $319,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $761,500 +2.9% $542 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $739,888 +31.0% $527 / Sq Ft
05/12/2023 05/12/23 Sold $565,000 -12.9% $402 / Sq Ft
12/18/2022 12/18/22 Price Changed $649,000 0.0% $462 / Sq Ft
12/18/2022 12/18/22 For Sale $649,000 +44.5% $462 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/09/2022 10/09/22 Price Changed $449,000 -30.8% $320 / Sq Ft
10/01/2022 10/01/22 For Sale $649,000 -- $462 / 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 $3,219 $616 $300 $316
2024 $3,219 $616 $300 $316
2023 $12,079 $616 $300 $316
2022 $12,079 $616 $300 $316
2021 $12,095 $606 $295 $311
2020 $12,373 $891 $596 $295
2019 $11,816 $891 $596 $295
2017 $7,367 $891 $596 $295
2016 $9,915 $891 $596 $295
2015 $2,424 $891 $596 $295
2014 $2,424 $891 $596 $295
2013 $2,305 $891 $596 $295
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3554649

OneKey® MLS

APN: 08-029-00-0038