NOT LISTED FOR SALE

74 Parma Rd Island Park, NY 11558

Estimated Value: $722,000 - $737,289

5 Beds
3 Baths
1,912 Sq Ft
$382/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $605,000 $316 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,638/month

25 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • 5-minute walk to Masone Beach
  • Francis X Hegarty Elementary School Rated A-
  • Baseboard Heating

About This Home

As of November 2021

WELCOME to this charming Legal 2 Family Home in Island Park, PRICED TO SELL!! Income producing property, delivered VACANT and SOLD AS IS. In walking distance to the train and shops.

Last Agent to Sell the Property

Francheska Gomez

Aventus Real Estate Corp License #10311210347 Listed on: 07/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,277

Year Built

  • Built in 1957

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Home Design

  • Split Level Home
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway
  • On-Street Parking

Schools

  • Francis X Hegarty Elementary School
  • Island Park Lincoln Orens Middle School
  • Long Beach High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Crawl Space
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 157 / 7
  • Assessor Parcel Number 2021-43-007-00-0157-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,277

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Split Level
  • Property SubType: Multi Family
  • Year Built: 1957
  • New Construction: No
  • Attribution Contact: 516-519-8049
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Crawl Space, None
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Flood Zone Date: 2021-07-22
  • Flood Zone Report: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Island Park Lincoln Orens Ms

Lot Info

  • Elevation Certificate: No
  • Flood Zone Type: AE
  • Lot Size Acres: 0.1400
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 6000.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2021-43-007-00-0157-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-11-04
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 9276.72
  • Tax Block: 7
  • Tax Lot: 157
  • Tax Other Annual Assessment Amount: 1714.24
  • Tax Map Number: 2021-43-007-00-0157-0

Multi Family

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

MLS Schools

  • Elementary School: Francis X Hegarty Elementary School
  • High School: Long Beach High School
  • Middle School District: Island Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Nov 3, 2021
Sold by
Siano Trust
Bought by
Lewis Brian Michael
Seller's Agent
Francheska Gomez
Aventus Real Estate Corp
Buyer's Agent
Francheska Gomez
Fave Realty Inc.
List Price
$599,999
Sold Price
$605,000
Premium/Discount to List
$5,001
0.83%
Current Estimated Value
$729,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,645
Avg. Annual Appreciation
4.82%
Original Mortgage
$547,872
Interest Rate
2.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2017
Sold by
Siano Michael D and Siano Dolores
Bought by
Siano Dolores and Living Trust Of Dolores Siano

Purchase Details

Closed on
May 17, 2006
Sold by
Siano Michael

Purchase Details

Closed on
Nov 17, 2000
Source: Public Records

Range of Values:

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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
Lewis Brian Michael $605,000 Judicial Title
Siano Dolores -- East Coast Abstract Inc
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Brian Michael $547,872
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2021 11/04/21 Sold $605,000 +0.8% $316 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $599,999 0.0% $314 / Sq Ft
01/01/2014 01/01/14 Rented $1,200 0.0% --
12/02/2013 12/02/13 Under Contract -- -- --
11/20/2013 11/20/13 For Rent $1,200 0.0% --
07/15/2013 07/15/13 Rented $1,200 -14.3% --
06/15/2013 06/15/13 Under Contract -- -- --
04/26/2013 04/26/13 For Rent $1,400 -- --
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 $9,744 $455 $189 $266
2024 $1,908 $453 $188 $265
2023 $9,198 $469 $195 $274
2022 $9,198 $455 $189 $266
2021 $9,482 $445 $185 $260
2020 $8,708 $957 $549 $408
2019 $2,157 $957 $549 $408
2018 $5,004 $957 $0 $0
2017 $4,794 $957 $549 $408
2016 $6,979 $957 $549 $408
2015 $1,915 $957 $549 $408
2014 $1,915 $957 $549 $408
2013 $1,677 $909 $521 $388
Source: Public Records

Agents Affiliated with this Home

  • Francheska Gomez

    Seller's Agent in 2021

    Francheska Gomez

    Aventus Real Estate Corp

    (516) 670-2914

    3 in this area

    97 Total Sales

    Francheska Gomez
    Section Image
  • Michael Scully

    Seller's Agent in 2014

    Michael Scully

    Century 21 Scully Realty

    (516) 650-3463

    18 in this area

    63 Total Sales

    Michael Scully
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    NonMember

  • George Agostinello

    Buyer's Agent in 2013

    George Agostinello

    Geon Real Estate Services

    (516) 524-0930

    3 Total Sales

    George Agostinello
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3332141

OneKey® MLS

APN: 2021-43-007-00-0157-0

New York Nassau County Island Park 11558

74 Parma Rd, Island Park, NY

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