NOT LISTED FOR SALE

74 Fairmount St Valley Stream, NY 11580

Estimated Value: $714,970 - $827,000

3 Beds
2 Baths
1,470 Sq Ft
$524/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $685,000 $466 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,754/month

12 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • Den
  • Eat-In Kitchen

About This Home

As of October 2023

Legal 2 family home in Valley Stream. First Floor Unit has 2 Bedrooms, Living Room, Dining Area and 1 Full Bath (Hardwood Floors under Carpet and Tiling). Access to Basement and Driveway. Second Floor Unit has Separate Entrance, 1 Bedroom, 1 Full Bath, Living Room and Kitchen. Full Basement with Outside Entrance, Utilities, Laundry and Plenty of Storage, Separate Meters for each Unit. Home is Being Sold As Is. Roof 5 years young (1 Layer), New Air Conditioners & New Washing Machine (< 1 Year). Taxes Do Not Reflect Basic Star Rebate.

Last Agent to Sell the Property

Corey Guglielmo

Douglas Elliman Real Estate License #10401345008 Listed on: 08/03/2023

Douglas Elliman Real Estate

Last Buyer's Agent

Aman Gambhir

Voro LLC License #10401331462

Voro LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,844

Year Built

  • Built in 1954

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls
  • Back Yard Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,470 Sq Ft Home
  • 3-Story Property
  • Den
  • Storage
  • Washer
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Freezer

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Private Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Shaw Avenue Elementary School
  • Valley Stream Memorial Jr High Schoo Middle School
  • Valley Stream Central High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Private Water Source

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 868 / 446
  • Assessor Parcel Number 2035-37-446-00-0868-0

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,844

Year Built

Built in 1954

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1954
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Freezer, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Inclusions: A/C Units,Alarm System,Awning,Ceiling Fan,Chandelier(s),Curtains/Drapes,Freezer,Light Fixtures,Refrigerator,Second Freezer,Second Stove,Wall to Wall Carpet,Washer
  • Total Bedrooms: 3
  • Living Area: 1470
  • SquareFootage: 1470.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • Fencing: Back Yard, Fenced, Partial
  • Patio and Porch Features: Porch
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, Off Street, On Street

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water, Steam
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Private
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Valley Stream Memorial Jr High Schoo

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2035-37-446-00-0868-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-04

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity
  • Available Date: 2023-10-02

Multi Family

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

Tax Info

  • Tax Annual Amount: 10844.1
  • Tax Block: 446
  • Tax Lot: 868
  • Tax Other Annual Assessment Amount: 2434.91
  • Tax Map Number: 2035-37-446-00-0868-0
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Shaw Avenue School
  • High School: Valley Stream Central High School
  • Middle School District: Valley Stream - 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Oct 30, 2023
Sold by
Nicosia Michael and Theresa Y Nicosia Irrevocable Trust
Bought by
Ahmed Farzana and Ahmed Farid Uddin
Seller's Agent
Corey Guglielmo
Douglas Elliman Real Estate
Buyer's Agent
Aman Gambhir
Voro LLC
List Price
$659,000
Sold Price
$685,000
Premium/Discount to List
$26,000
3.95%
Views
69
Current Estimated Value
$770,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,985
Avg. Annual Appreciation
5.14%
Original Mortgage
$548,000
Outstanding Balance
$537,119
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$233,866

Purchase Details

Closed on
May 13, 2020
Sold by
Nicosia Theresa and Nicosia Louis
Bought by
Nicosia Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ahmed Farzana $685,000 Amtrust Title Insurance Co
Ahmed Farzana $685,000 Amtrust Title Insurance Co
Ahmed Farzana $685,000 Amtrust Title Insurance Co
Ahmed Farzana $685,000 Amtrust Title Insurance Co
Nicosia Trust -- None Available
Nicosia Trust -- None Available
Nicosia Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Farzana $548,000
Closed Ahmed Farzana $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $685,000 0.0% $466 / Sq Ft
08/17/2023 08/17/23 Price Changed $685,000 0.0% $466 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/14/2023 08/14/23 Off Market $685,000 -- --
08/03/2023 08/03/23 For Sale $659,000 -- $448 / Sq Ft
Source: OneKey® MLS

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 $9,436 $432 $154 $278
2024 $1,503 $432 $154 $278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3495523

OneKey® MLS

APN: 2035-37-446-00-0868-0

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