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2 Fernwood Terrace

2 Fernwood Terrace, Garden City, NY 11530
Property in Stewart Manor
Sold Oct 29, 1996
$175,000
$363,000 by Plaza Home Mortgage Bank
Mortgage Due Aug 01, 2050
2 Fernwood Terrace in Garden City, NY was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2 Fernwood Terrace has 1,812 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 410 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 252 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. 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, 2 Fernwood Terrace sold most recently in Oct 16, 1996 for a total of $175,000. If you work out the math, that's approximately a cost of $96.58 per sqft. 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 $13,464 in taxes each year. 2 Fernwood Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $676. If we break it down further, the land itself was valued at $242. Improvements to the property, however, were assessed at a total of $434. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1954
  • Effective Year Built: 1954
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,812
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 016

Ownership

  • Current Owner : PUNJ POONAM
  • Current Owner 2: PUNJ ROHIT
  • Previous Owner : SAKOWITSCH HELENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • School Tax District Code 2: SM
  • Census Tract: 404700

Geography

  • District: 282033
  • Section: 33
  • Parcel: 33-208-00-0034
  • Block: 208
  • Lot: 34-35
  • Municipality: STEWART MANOR
  • Latitude: 40.7233
  • Longitude: -73.6829

    Address

  • Full Address: 2 Fernwood Ter N
  • Address - House Number: 2
  • Street Segment Direction: N
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Garden City
  • Carrier Code: C025
  • 4-Digit Zip Code: 2206
  • Zip Code: 11530

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,464
  • Tax Rate Code Area: 144

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 859,404
  • High Value: 1,004,435
  • Low Value: 714,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $363,000
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $363,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $676,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676
  • Assessed Land Value: $242
  • Assessed Improvements Value: $434

    Sales

  • Current Sale Contract Date: Oct 16, 1996
  • Current Sale Recording Date: Oct 29, 1996
  • Current Sale Transaction ID: 1194620250
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed

About Stewart Manor



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Frequently Asked Questions

What neighborhood is 2 Fernwood Terrace located in?
The 2 Fernwood Terrace is a located in the neighborhood of Stewart Manor in Stewart Manor, Garden City.
What is the average sales price for listings in 2 Fernwood Terrace?
The average sales price for units in 2 Fernwood Terrace is $0 currently.

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