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126 Chestnut Street

126 Chestnut Street, Lynbrook, NY 11563
Property in Lynbrook
1 Units For Sale
Unit for sale at 126 Chestnut Street,  11563

$769,000

  • 4 Beds
  • 2 Baths
126 Chestnut Street, 11563 Listing by Leon Sanchez

126 Chestnut Street has been categorized by the local assessors in Lynbrook, NY as a residential type of property. The building on the property was first built in 1955 and is 69 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 126 Chestnut Street has 2,000 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 1,030 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 detached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 126 Chestnut Street was last sold in Feb 28, 2023 for $750,000. According to our calculations, that's $375.00 per sqft. Current property owners are expected to pay $7,583 in taxes per year. The property on 126 Chestnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $497. To break that down further, the land itself was valued at $165. While improvements to the property were assessed at a total of $332. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Parking

Private Parking
Detached Garage
Detached Garage: 2 Spaces

Location

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Current Owner : 126 CHESTNUT STREET LLC
  • Previous Owner : BURAK CAROL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: LYN
  • Census Tract: 412000

Geography

  • District: 282025
  • Section: 38
  • Parcel: 38-120-00-0216
  • Block: 120
  • Lot: 216
  • Municipality: LYNBROOK
  • Latitude: 40.6656
  • Longitude: -73.6659

    Address

  • Full Address: 126 Chestnut St
  • Address - House Number: 126
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NY
  • City Name: Lynbrook
  • Carrier Code: C009
  • 4-Digit Zip Code: 1841
  • Zip Code: 11563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,583
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 742,506
  • High Value: 877,406
  • Low Value: 607,607

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $637,500
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Mar 15, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: Apr 01, 2053
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 15, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $37,500
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 03, 2048

    Market Valuation

  • Market Total Value: $497,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497
  • Assessed Land Value: $165
  • Assessed Improvements Value: $332

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Transaction ID: 11903641192
  • Current Sale Price: $750,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2023-15961

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Mar 15, 2023
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lynbrook




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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 126 Chestnut Street located in?
The 126 Chestnut Street is a located in the neighborhood of Lynbrook in Lynbrook, Lynbrook.
How many listings are currently for sale in 126 Chestnut Street?
There is one unit for sale right now.
What is the average sales price for listings in 126 Chestnut Street?
The average sales price for units in 126 Chestnut Street is $769,000 currently.

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