NOT LISTED FOR SALE

57 Lincoln Ave New Hyde Park, NY 11040

Estimated Value: $973,000 - $996,908

4 Beds
2.5 Baths
1,775 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $697,500 $393 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,199/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of December 2020

Beautiful Expanded and extended Cape situated among an array of amenities in New Hyde Park! This meticulously-kept home includes 4 bedrooms, 2.5 bathrooms, living room with a fireplace, a formal dining room, kitchen, spacious family room that connects to the outdoor backyard patio, cedar closet, and a finished basement. Many conveniences include close proximity to public transportation, shopping, parks, and schools.

Last Agent to Sell the Property

Mathew Varughese

FIRST FLAG Realty Inc Brokerage Phone: 516-673-4388 License #10401217306 Listed on: 07/14/2020

Last Buyer's Agent

Tsung Mou Hsieh

Daniel Gale Sothebys Intl Rlty License #10301217043

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,799

Year Built

  • Built in 1941

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Skylights
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 13 / 324
  • Assessor Parcel Number 2289-08-324-00-0013-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,799

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Exp Cape
  • Property SubType: Single Family Residence
  • Year Built: 1941
  • New Construction: No
  • Attribution Contact: 516-673-4388
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Formal Dining
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Window Features: Skylight(s)
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2289-08-324-00-0013-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 12799.3
  • Tax Block: 324
  • Tax Lot: 13
  • Tax Map Number: 2289-08-324-00-0013-0

MLS Schools

  • Middle School District: New Hyde Park-Garden City Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Dec 8, 2020
Sold by
Shankar Perinkulam R and Krishnamurthy Usha
Bought by
Leung James and Leung Sherry Ying
Seller's Agent
Mathew Varughese
FIRST FLAG Realty Inc
Buyer's Agent
Tsung Mou Hsieh
Daniel Gale Sothebys Intl Rlty
List Price
$729,000
Sold Price
$697,500
Premium/Discount to List
-$31,500
-4.32%
Current Estimated Value
$962,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,224
Avg. Annual Appreciation
7.12%
Original Mortgage
$648,000
Outstanding Balance
$577,942
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$407,012

Purchase Details

Closed on
Mar 5, 1997
Sold by
Ott George and Ott Helen
Bought by
Perinkulom Shankar and Krishnaurthy Usha
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
Leung James $720,000 Stewart Title Ins Co
Perinkulom Shankar $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung James $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $697,500 -4.3% $393 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $729,000 -- $411 / 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 $13,621 $623 $284 $339
2024 $4,429 $686 $336 $350
2023 $12,622 $648 $295 $353
2022 $12,622 $736 $336 $400
2021 $14,435 $695 $317 $378
2020 $12,142 $900 $586 $314
2019 $10,248 $900 $569 $331
2018 $10,248 $890 $0 $0
2017 $6,613 $924 $586 $338
2016 $10,001 $924 $576 $348
2015 $3,223 $924 $576 $348
2014 $3,223 $924 $576 $348
2013 $3,117 $940 $586 $354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3232538

OneKey® MLS

APN: 2289-08-324-00-0013-0