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15 Oakwood Terrace

15 Oakwood Terrace, Spring Valley, NY 10977
Property in Ramapo
Sold Dec 21, 2018
$470,000
$446,500 by Fm Home Loans Llc
Mortgage Due Jan 01, 2049
Sold Jan 17, 2006
$459,000
$285,000 by Coldwell Banker Mortgage
Mortgage Due Jan 01, 2036
Local assessors in Spring Valley, NY have categorized 15 Oakwood Terrace as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 23,958 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 1,970 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15 Oakwood Terrace has a total of 1,736 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 attached garage for those who need a place to park their vehicle. The garage on the property is 1,028 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of wood 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. The property was last sold in Dec 20, 2018 for $470,000. That's $270.74 per sqft. Prior to that sales transaction, the property was also sold in Dec 22, 2005 for $459,000. 15 Oakwood Terrace was last assessed in 2023. The total value of the property was assessed at $55,100. Specifically, the land the property is located on was valued at $18,100. While improvements on the property were assessed at a total of $37,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,011. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,028
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,958
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 1,970
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,736
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF PRAK HILL ESTATES
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GROSSMAN MAYER
  • Current Owner 2: GROSSMAN HADASSAH
  • Previous Owner : MASON AUBREY
  • Previous Owner 2: TAYLOR MASON MONICA A
  • Owner Before Previous Owner: REISLER BARRY
  • Owner Before Previous Owner 2: REISLER RITA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 011509

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 00382050000
  • District: 392613
  • Section: 42.14
  • Parcel: 392613 42.14-1-33
  • Block: 1
  • Lot: 33.000
  • Municipality: NEW HEMPSTEAD
  • Latitude: 41.152
  • Longitude: -74.0406

    Address

  • Full Address: 15 Oakwood Ter
  • Address - House Number: 15
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C013
  • 4-Digit Zip Code: 1504
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,011
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 757,207
  • High Value: 925,609
  • Low Value: 588,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $446,500
  • First Open Lien Mortgage Lender: FM HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $446,500
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $60,800
  • Market Land Value: $19,972
  • Market Improvement Value: $40,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,100
  • Assessed Land Value: $18,100
  • Assessed Improvements Value: $37,000

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Transaction ID: 11558085585
  • Current Sale Price: $470,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2018-00036979
  • Previous Sale Recording Date: Jan 17, 2006
  • Previous Sale Contract Date: Dec 22, 2005
  • Previous Sale Amount: $459,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FM HOME LOANS LLC
  • First Mortgage Transaction Date: Dec 21, 2018
  • First Mortgage Loan Amount: $446,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COLDWELL BANKER MORTGAGE
  • Previous Mortgage Transaction Date: Jan 17, 2006
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About New Hempstead



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Frequently Asked Questions

What neighborhood is 15 Oakwood Terrace located in?
The 15 Oakwood Terrace is a located in the neighborhood of Ramapo in New Hempstead, Spring Valley.
What is the average sales price for listings in 15 Oakwood Terrace?
The average sales price for units in 15 Oakwood Terrace is $0 currently.

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