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176 Ocean Avenue

176 Ocean Avenue, Lynbrook, NY 11563
Property in Lynbrook
Sold Aug 26, 2003
$325,000
Owner
Seller
$266,000 by Continental Home Loans
Mortgage Due Nov 01, 2024
Local assessors in Lynbrook, NY have categorized 176 Ocean Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 176 Ocean Avenue has a total of 1,435 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 detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. 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 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 masonry 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 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 176 Ocean Avenue was last sold in Aug 15, 2003 for $325,000. According to our calculations, that's $226.48 per sqft. Current property owners are expected to pay $11,214 in taxes per year. The property on 176 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $509. To break that down further, the land itself was valued at $227. While improvements to the property were assessed at a total of $282. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,435
  • Building Area: 1,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,435
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Previous Owner : FOO ZEE
  • Is Owner Occupied: Owner-occupied property

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: 38-138-00-0074
  • Block: 138
  • Lot: 74-76
  • Municipality: LYNBROOK
  • Latitude: 40.6613
  • Longitude: -73.6583

    Address

  • Full Address: 176 Ocean Ave
  • Address - House Number: 176
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lynbrook
  • Carrier Code: C001
  • 4-Digit Zip Code: 2703
  • Zip Code: 11563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,214
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 689,314
  • High Value: 805,641
  • Low Value: 572,987

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,000
  • First Open Lien Mortgage Lender: CONTINENTAL HOME LOANS
  • First Open Lien Mortgage Recording Date: Nov 05, 2009
  • First Open Lien Mortgage Loan Amount: $266,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2024

    Market Valuation

  • Market Total Value: $509,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509
  • Assessed Land Value: $227
  • Assessed Improvements Value: $282

    Sales

  • Current Sale Contract Date: Aug 15, 2003
  • Current Sale Recording Date: Aug 26, 2003
  • Current Sale Transaction ID: 1106352599
  • Current Sale Price: $325,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution

About Lynbrook



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Frequently Asked Questions

What neighborhood is 176 Ocean Avenue located in?
The 176 Ocean Avenue is a located in the neighborhood of Lynbrook in Lynbrook, Lynbrook.
What is the average sales price for listings in 176 Ocean Avenue?
The average sales price for units in 176 Ocean Avenue is $0 currently.

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