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17 Magnolia Lane

17 Magnolia Lane, Jericho, NY 11753
Property in Jericho
Sold Aug 28, 2017
$928,000
$380,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2047
Local assessors in Jericho, NY have categorized 17 Magnolia Lane 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 7,455 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 710 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 17 Magnolia Lane has a total of 2,185 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 370 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 underground or in the basement for those who need a place to park their vehicle. There are 2 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 patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 brick 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 Aug 15, 2017 for $928,000. That's $424.71 per sqft. 17 Magnolia Lane was last assessed in 2023. The total value of the property was assessed at $943. Specifically, the land the property is located on was valued at $414. While improvements on the property were assessed at a total of $529. 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 $21,953. 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: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 370
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,455
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,185
  • Building Area: 2,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,185
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF BIRCHWOOD AT JERICHO
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 015

Ownership

  • Current Owner : CHOW KWOK SHING STANLEY
  • Current Owner 2: CHOW TSANG LAI FONG LINCY
  • Previous Owner : GOLDSMITH ROBERT C
  • Previous Owner 2: GOLDSMITH ELAINE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518600

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-546-00-0013
  • Block: 546
  • Lot: 13
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7927
  • Longitude: -73.5233

    Address

  • Full Address: 17 Magnolia Ln
  • Address - House Number: 17
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Jericho
  • Carrier Code: C001
  • 4-Digit Zip Code: 2228
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,953
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,185,531
  • High Value: 1,380,063
  • Low Value: 990,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 28, 2017
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $943,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $943
  • Assessed Land Value: $414
  • Assessed Improvements Value: $529

    Sales

  • Current Sale Contract Date: Aug 15, 2017
  • Current Sale Recording Date: Aug 28, 2017
  • Current Sale Transaction ID: 1733410687
  • Current Sale Price: $928,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201700084909

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 28, 2017
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About Jericho



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Nearby Rentals

Unit for rent at

$5,000 /mo

  • 4 Beds
  • 4 Baths
  • 2,006 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 17 Magnolia Lane located in?
The 17 Magnolia Lane is a located in the neighborhood of Jericho in Jericho, Jericho.
What is the average sales price for listings in 17 Magnolia Lane?
The average sales price for units in 17 Magnolia Lane is $0 currently.

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