Where do I go to get accurate info. regarding if a house was sold and how much it was sold for?
Asked in Yonkers, NY - 4 months
I don't know how reliable websits such as Trulia, Zillow, property shark are. I don't want to get a real estate agent/agency involved, as I'm just curious. I eventually would like to sell my home on my own, and I'd like to have reliable comps. to guide me as to how much I should ask for it. thank you
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Get the tax map parcel ID for the comparable property and then locate the deed to the current owner. The deed document will have a "tax stamp" on it with the amount paid for transfer tax, which is generally $4.00 per $1,000 sales price (ask at the Clerk's counter what the rate for that county is). Do the (simple) math. Certain intrafamily transfers might not have a tax, so you may have to go back to a previous arms-length sale deed which might not have a comparable price, depending on how long ago that sale was.
I've found the online services to be OK in terms of price data, but they seem to be based on assessed valuation for tax purposes which may be "off" because of people protesting assessments, age of assessments, etc. Assessments usually track the most recent sales prices though, so sometimes the online realty services are in the ballpark.
The trick is choosing the comparables. I'm not recommending realtors necessarily, but they do have insights when making listings as to what the comparables are (bedrooms, baths, square footage, location, amenities, etc.) so you have to be confident in your ability to identify recent sales in your neighborhood which are similar to your house.
5 lawyers agreed with this answer
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Portland Social Security Lawyers
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New York Real Estate Attorney
Mellville Real Estate Attorney
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4 lawyers agreed with this answer
Bronx Divorce / Separation Lawyer
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New York Real Estate Attorney
Mellville Real Estate Attorney
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2 lawyers agreed with this answer
Glens Falls Real Estate Attorney
Mellville Real Estate Attorney
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