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11 Pal Way

11 Pal Way, Plainview, NY 11803
Property in Plainview
Sold Nov 30, 2017
$597,000
$476,000 by Bank Of America
Mortgage Due Dec 01, 2047
Local assessors in Plainview, NY have categorized 11 Pal Way as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 790 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 Pal Way has a total of 1,956 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 231 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 11 Pal Way sold most recently in Nov 17, 2017 for a total of $597,000. If you work out the math, that's approximately a cost of $305.21 per sqft. 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 $16,311 in taxes each year. 11 Pal Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $654. If we break it down further, the land itself was valued at $302. Improvements to the property, however, were assessed at a total of $352. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,956
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 019

Ownership

  • Current Owner : LEE EDWARD S
  • Current Owner 2: CHO ANGELA
  • Previous Owner : PRESS FREDERICK
  • Previous Owner 2: PRESS LINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plainview-Old Bethpage Central School District
  • School Tax School District: 019
  • Census Tract: 519702

Geography

  • District: 282489
  • Section: 13
  • Parcel: 13-070-00-0011
  • Block: 70
  • Lot: 11
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7914
  • Longitude: -73.4721

    Address

  • Full Address: 11 Pal Way
  • Address - House Number: 11
  • Address - Street Name: Pal
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Plainview
  • Carrier Code: C026
  • 4-Digit Zip Code: 2211
  • Zip Code: 11803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,311
  • Tax Rate Code Area: 579

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 858,081
  • High Value: 1,008,273
  • Low Value: 707,889

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $686,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Nov 30, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $476,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Apr 20, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $210,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 10, 2053

    Market Valuation

  • Market Total Value: $654,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $654
  • Assessed Land Value: $302
  • Assessed Improvements Value: $352

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Transaction ID: 11438839071
  • Current Sale Price: $597,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-118769

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Nov 30, 2017
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Plainview



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Frequently Asked Questions

What neighborhood is 11 Pal Way located in?
The 11 Pal Way is a located in the neighborhood of Plainview in Plainview, Plainview.
What is the average sales price for listings in 11 Pal Way?
The average sales price for units in 11 Pal Way is $0 currently.

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