NOT LISTED FOR SALE

501 5th Ave New Hyde Park, NY 11040

New Hyde Park Neighborhood

Estimated Value: $776,000 - $976,000

3 Beds
1 Bath
1,207 Sq Ft
$701/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $670,000 $555 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,952/month

21 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Hot Water Heating System
  • Farmhouse Style Home
  • 1 Car Attached Garage

About This Home

As of July 2022

ALL INFO DEEMED ACCURATE, BUT NOT GUARANTEED. BUYERS TO VERIFY ALL. NO OFFER IS CONSIDERED ACCEPTED UNTIL FULLY EXECUTE CONTRACTS.

Last Listed By

Milagros Harrison

Howard Hanna Coach License #10401283019 Listed on: 03/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,964

Year Built

  • Built in 1954

Lot Details

  • 7,304 Sq Ft Lot
  • Lot Dimensions are 83x106

Parking

  • 1 Car Attached Garage

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • No Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 53
  • Assessor Parcel Number 2041-32-053-00-0007-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,964

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Farm Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1954
  • New Construction: No
  • Attribution Contact: 718-886-0668
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Kitchens: 1

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.1700
  • Lot Size Area: 0.1700
  • Lot Dimensions: 83x106
  • Lot Size Sq Ft: 7304.00
  • Lot Size Units: Acres
  • Parcel Number: 2041-32-053-00-0007-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-07-25
  • Tax Annual Amount: 7964.15
  • Tax Block: 53
  • Tax Lot: 7
  • Tax Map Number: 2041-32-053-00-0007-0

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
Mar 9, 2022
Closed on
Jul 25, 2022
Sold by
Condon Kevin and Condon Charles
Bought by
Andrade Andres M Zumba
Seller's Agent
Milagros Harrison
Howard Hanna Coach
Buyer's Agent
Xiao Feng Pan
Winzone Realty Inc
List Price
$580,000
Sold Price
$670,000
Premium/Discount to List
$90,000
15.52%
Total Days on Market
21
Current Estimated Value
$846,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,014
Avg. Annual Appreciation
8.70%
Original Mortgage
$536,000
Outstanding Balance
$518,182
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$324,534

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
Andrade Andres M Zumba $670,000 Macgregor Abstract Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Andres M Zumba $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $670,000 +15.5% $555 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $580,000 -- $481 / 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 $2,862 $563 $388 $175
2023 $8,760 $563 $388 $175
2022 $8,760 $563 $388 $175
2021 $4,364 $553 $381 $172
2020 $4,211 $887 $819 $68
2019 $2,468 $887 $819 $68
2017 $5,122 $887 $819 $68
2016 $7,568 $887 $819 $68
2015 $2,136 $887 $819 $68
2014 $2,136 $887 $819 $68
2013 $1,985 $887 $819 $68
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Milagros Harrison

    Howard Hanna Coach

    2 in this area

    6 Total Sales

    Milagros Harrison
    Section Image
  • Xiao Feng Pan

    Buyer's Agent in 2022

    Xiao Feng Pan

    Winzone Realty Inc

    (718) 899-7000

    3 in this area

    260 Total Sales

    Xiao Feng Pan
    Section Image
See All Agents

Map

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Source: OneKey® MLS

MLS Number: KEY3381878

OneKey® MLS

APN: 32-053-00-0007

New York Nassau County New Hyde Park 11040 New Hyde Park

501 5th Ave, New Hyde Park, NY

Homes for Sale in New Hyde Park, NY

This home is located at 501 5th Ave, New Hyde Park, NY 11040 since 09 March 2022 and is currently estimated at $846,014, approximately $700 per square foot. This property was built in 1954. 501 5th Ave is a home located in Nassau County with nearby schools including St Anne's School.

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