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163 Wellington Road

163 Wellington Road, Garden City, NY 11530
Property in Garden City
Sold Aug 15, 2017
$1,650,000
$1,402,500 by Loandepot.com Llc
Mortgage Due Sep 01, 2047
Sold Nov 12, 2015
$750,000
Local assessors in Garden City, NY have categorized 163 Wellington Road as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 6,000 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 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 3 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 163 Wellington Road has a total of 2,694 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 210 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 both a open porch and a patio so you'll have great options in both the front and 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 - A. The building has a roof that is made of slate. Lots of masonry 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 163 Wellington Road sold most recently in Aug 7, 2017 for a total of $1,650,000. If you work out the math, that's approximately a cost of $612.47 per sqft. Before that, the property was also sold for $750,000 in Oct 8, 2015. 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 $16,983 in taxes each year. 163 Wellington Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,116. If we break it down further, the land itself was valued at $395. Improvements to the property, however, were assessed at a total of $721. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2016
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 51
  • Garage Type: Garage
  • Garage Square Area: 210
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,694
  • Building Area: 2,694
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,694
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GARDEN CITY ESTATES
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 018

Ownership

  • Current Owner : BANKEWITZ LEE
  • Current Owner 2: BANKEWITZ TANYA
  • Previous Owner : MODEL GROUP INC
  • Owner Before Previous Owner: SOTELL MATINA
  • Owner Before Previous Owner 2: SOTELL THEODORE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Company/Corporation

Neighborhood

  • School District Name: Garden City Union Free School District
  • School Tax School District: 018
  • School Tax District Code 2: GC
  • Census Tract: 406400

Geography

  • District: 282011
  • Section: 33
  • Parcel: 33-021-00-0028
  • Block: 21
  • Lot: 28-30
  • Municipality: GARDEN CITY
  • Latitude: 40.7301
  • Longitude: -73.6625

    Address

  • Full Address: 163 Wellington Rd
  • Address - House Number: 163
  • Address - Street Name: Wellington
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Garden City
  • Carrier Code: C031
  • 4-Digit Zip Code: 1217
  • Zip Code: 11530

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,983
  • Tax Rate Code Area: 401

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,447,293
  • High Value: 1,680,845
  • Low Value: 1,213,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,402,500
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Aug 15, 2017
  • First Open Lien Mortgage Loan Amount: $1,402,500
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $1,116,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,116
  • Assessed Land Value: $395
  • Assessed Improvements Value: $721

    Sales

  • Current Sale Contract Date: Aug 07, 2017
  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Transaction ID: 1733407080
  • Current Sale Price: $1,650,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201700079895
  • Previous Sale Recording Date: Nov 12, 2015
  • Previous Sale Contract Date: Oct 08, 2015
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Aug 15, 2017
  • First Mortgage Loan Amount: $1,402,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 163 Wellington Road located in?
The 163 Wellington Road is a located in the neighborhood of Garden City in Garden City, Garden City.
What is the average sales price for listings in 163 Wellington Road?
The average sales price for units in 163 Wellington Road is $0 currently.

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