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16 Terrace View Road

16 Terrace View Road, Farmingdale, NY 11735
Sold Aug 16, 2021
$400,000
$381,562 by Crosscountry Mortgage Inc
Mortgage
Sold Apr 29, 2014
$297,000
$291,620 by Mortgage Master
Mortgage Due May 01, 2044
Local assessors in Farmingdale, NY have categorized 16 Terrace View Road as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 5,900 square feet. The linear feet between the front and back of the lot was measured at 1,180 ft and the front of the lot was measured at 500 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 6 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 is one full bathroom. There is also a partial bathroom. 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 16 Terrace View Road has a total of 1,050 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. 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. 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 oil. The property was last sold in Jul 16, 2021 for $400,000. That's $380.95 per sqft. Prior to that sales transaction, the property was also sold in Apr 22, 2014 for $297,000. 16 Terrace View Road was last assessed in 2023. The total value of the property was assessed at $417. Specifically, the land the property is located on was valued at $212. While improvements on the property were assessed at a total of $205. 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 $11,050. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1964
  • Effective Year Built: 1964
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,900
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 022

Ownership

  • Current Owner : MITCHELL MEDINA A
  • Previous Owner : SOLORZANO EDWARD
  • Previous Owner 2: SOLORZANO ROCIO
  • Owner Before Previous Owner: MALANDRUCCOLO DENISE
  • Owner Before Previous Owner 2: BURKA SUZANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Farmingdale Union Free School District
  • School Tax School District: 022
  • Census Tract: 520600

Geography

  • District: 282489
  • Section: 48
  • Parcel: 48-448-00-0148
  • Block: 448
  • Lot: 148
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7142
  • Longitude: -73.4355

    Address

  • Full Address: 16 Terrace View Rd
  • Address - House Number: 16
  • Address - Street Name: Terrace View
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Farmingdale
  • Carrier Code: C014
  • 4-Digit Zip Code: 6014
  • Zip Code: 11735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,050
  • Tax Rate Code Area: 674

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 78
  • Final Value: 582,329
  • High Value: 680,601
  • Low Value: 484,057

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $395,971
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $381,562
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Dec 04, 2023
  • Second Open Lien Mortgage Loan Amount: $14,409
  • Second Open Lien Mortgage Term: 331
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $417,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417
  • Assessed Land Value: $212
  • Assessed Improvements Value: $205

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11853710470
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-106751
  • Previous Sale Recording Date: Apr 29, 2014
  • Previous Sale Contract Date: Apr 22, 2014
  • Previous Sale Amount: $297,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Aug 16, 2021
  • First Mortgage Loan Amount: $381,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE MASTER
  • Previous Mortgage Transaction Date: Apr 29, 2014
  • Previous Mortgage Loan Amount: $291,620
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2044

About South Farmingdale



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Frequently Asked Questions

What neighborhood is 16 Terrace View Road located in?
The 16 Terrace View Road is a located in the neighborhood of South Farmingdale in South Farmingdale, Farmingdale.
What is the average sales price for listings in 16 Terrace View Road?
The average sales price for units in 16 Terrace View Road is $0 currently.

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