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1 Olney Way

1 Olney Way, Stony Brook, NY 11790
House in Stony Brook
Sold Jul 26, 2023
$710,000
$374,500 by Cmg Mortgage Inc
Mortgage Due Aug 01, 2037
Sold Oct 23, 2003
$415,500
$373,950 by American Home Mortgage
Mortgage
1 Olney Way in Stony Brook, NY was first built in 1967 and is 57 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1 Olney Way has 2,497 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 18,731 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of brick. As for heating, the home is utilizing a radiant heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 Olney Way sold most recently in Jun 12, 2023 for a total of $710,000. If you work out the math, that's approximately a cost of $284.34 per sqft. Before that, the property was also sold for $415,500 in Oct 15, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1 Olney Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,775. If we break it down further, the land itself was valued at $400. Improvements to the property, however, were assessed at a total of $3,375. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Private Parking
Attached Garage
Attached Garage: 2 Spaces
On-Street Parking

Driveway

Driveway

Rooms

In-Law Unit

Location

Corner Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,497
  • Building Area: 2,497
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 2,497
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATHMORE
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STRATHMORE 4898 SEC 22 1854

Ownership

  • Current Owner : LI BAO M
  • Current Owner 2: LI MIN X
  • Previous Owner : OLNEY SMITH T
  • Previous Owner 2: OLNEY SMITH
  • Owner Before Previous Owner: CHONG PELE CHOI SING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Three Village Central School District
  • School Tax School District: THREE VILLAGE
  • Census Tract: 158012

Geography

  • Assessors Map Reference: MAP 0304898
  • Account Number: 00000362140
  • District: 0200-3
  • Section: 386.00
  • Parcel: 0200-386.00-04.00-046.000
  • Block: 4
  • Lot: 46.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8813
  • Longitude: -73.1211

    Address

  • Full Address: 1 Olney Way
  • Address - House Number: 1
  • Address - Street Name: Olney
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Stony Brook
  • Carrier Code: C006
  • 4-Digit Zip Code: 3009
  • Zip Code: 11790

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472201

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 635,560
  • High Value: 727,250
  • Low Value: 543,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,500
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 26, 2023
  • First Open Lien Mortgage Loan Amount: $374,500
  • First Open Lien Mortgage Term: 168
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2037

    Market Valuation

  • Market Total Value: $6,991
  • Market Land Value: $741
  • Market Improvement Value: $6,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,775
  • Assessed Land Value: $400
  • Assessed Improvements Value: $3,375

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Transaction ID: 11921204532
  • Current Sale Price: $710,000
  • Current Sale Document Type: Fiduciary Deed
  • Previous Sale Recording Date: Oct 23, 2003
  • Previous Sale Contract Date: Oct 15, 2003
  • Previous Sale Amount: $415,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Jul 26, 2023
  • First Mortgage Loan Amount: $374,500
  • First Mortgage Terms: 168
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Aug 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE
  • Previous Mortgage Transaction Date: Oct 23, 2003
  • Previous Mortgage Loan Amount: $373,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Stony Brook



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1 Olney Way located in?
The 1 Olney Way is a house located in the neighborhood of Stony Brook in Stony Brook, Stony Brook.
What is the average sales price for listings in 1 Olney Way?
The average sales price for units in 1 Olney Way is $0 currently.

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