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11 Wedgewood Lane

11 Wedgewood Lane, Lawrence, NY 11559
Property in Lawrence
Sold Jun 29, 2021
$6,400,000
$2,400,000 by First Republic Bank
Mortgage
11 Wedgewood Lane has been categorized by the local assessors in Lawrence, NY as a residential type of property. The building on the property was first built in 1942 and is 82 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 11 Wedgewood Lane has 4,937 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,510 ft and across the front of the lot is 2,640 ft. The area measurement of the land has been determined as 34,151 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Tudor style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 414 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The roof of the building is made of slate. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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 Wedgewood Lane sold most recently in Jun 15, 2021 for a total of $6,400,000. If you work out the math, that's approximately a cost of $1,296.33 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 $27,423 in taxes each year. The initial year of tax delinquency occurred in 2021. 11 Wedgewood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,157. If we break it down further, the land itself was valued at $1,194. Improvements to the property, however, were assessed at a total of $963. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1942
  • Effective Year Built: 1942
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B+
  • Building Style: Tudor
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 736
  • Garage Type: Garage
  • Garage Square Area: 414
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 34,151
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 2,640
  • Total Building Area: 4,937
  • Building Area: 4,937
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,937
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.784
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 10 & 505 TOWN #1 SCH DIST 015

Ownership

  • Current Owner : HERZKA DAVID
  • Current Owner 2: HERZKA SHAYNA
  • Previous Owner : SCHWARTZ TOVY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: LAW
  • Census Tract: 411600

Geography

  • District: 282023
  • Section: 40
  • Parcel: 40-180-00-0010
  • Block: 180
  • Lot: 10
  • Municipality: LAWRENCE
  • Latitude: 40.6124
  • Longitude: -73.7339

    Address

  • Full Address: 11 Wedgewood Ln
  • Address - House Number: 11
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Lawrence
  • Carrier Code: C006
  • 4-Digit Zip Code: 1427
  • Zip Code: 11559

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,423
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 388

    Appraisal Valuation

  • Standard Deviation: 0.1352
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 3,387,956
  • High Value: 3,846,266
  • Low Value: 2,929,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,400,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $2,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $2,157,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,157
  • Assessed Land Value: $1,194
  • Assessed Improvements Value: $963

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11842399819
  • Current Sale Price: $6,400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-085284

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $2,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Five Towns



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Frequently Asked Questions

What neighborhood is 11 Wedgewood Lane located in?
The 11 Wedgewood Lane is a located in the neighborhood of Lawrence in Five Towns, Lawrence.
What is the average sales price for listings in 11 Wedgewood Lane?
The average sales price for units in 11 Wedgewood Lane is $0 currently.

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