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20 Gateway East Drive

20 Gateway East Drive, Riverhead, NY 11901
Property in Riverhead
Sold Jun 01, 2016
$337,000
$325,752 by East Coast Capital Corp
Mortgage Due Jun 01, 2046
Sold Jul 28, 2015
$102,500
$82,000 by Lisa Procopio
Mortgage
20 Gateway East Drive has been categorized by the local assessors in Riverhead, NY as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 20 Gateway East Drive has 1,350 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 37,462 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 312 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. Love to swim? You'll be excited to find out that there is a vinyl in-ground pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 20 Gateway East Drive sold most recently in May 7, 2016 for a total of $337,000. If you work out the math, that's approximately a cost of $249.63 per sqft. Before that, the property was also sold for $102,500 in Jul 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 $9,899 in taxes each year. 20 Gateway East Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,700. If we break it down further, the land itself was valued at $10,400. Improvements to the property, however, were assessed at a total of $38,300. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2015
  • Effective Year Built: 2015
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Porch Type: Covered porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 37,462
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,350
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GATEWAY EAST LLC #11470 11/28/06 LOT 2

Ownership

  • Current Owner : CHAVEZ JACKELINNE
  • Current Owner 2: GONZALEZ NERY
  • Previous Owner : DREAM LAND BUILDERS INC
  • Owner Before Previous Owner: PROCOPIO LISA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169903

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 11
  • District: 0600-0
  • Section: 65.00
  • Parcel: 0600-065.00-04.00-015.002
  • Block: 4
  • Lot: 15.002
  • Municipality: RIVERHEAD
  • Latitude: 40.947
  • Longitude: -72.658

    Address

  • Full Address: 20 Gateway East Dr
  • Address - House Number: 20
  • Address - Street Name: Gateway East
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R004
  • 4-Digit Zip Code: 2338
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,899
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 632,621
  • High Value: 805,846
  • Low Value: 459,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,752
  • First Open Lien Mortgage Lender: EAST COAST CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Jun 01, 2016
  • First Open Lien Mortgage Loan Amount: $325,752
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $524,219
  • Market Land Value: $111,948
  • Market Improvement Value: $412,271

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,700
  • Assessed Land Value: $10,400
  • Assessed Improvements Value: $38,300

    Sales

  • Current Sale Contract Date: May 07, 2016
  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Transaction ID: 1634879462
  • Current Sale Price: $337,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jul 28, 2015
  • Previous Sale Contract Date: Jul 08, 2015
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST COAST CAPITAL CORP
  • First Mortgage Transaction Date: Jun 01, 2016
  • First Mortgage Loan Amount: $325,752
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: LISA PROCOPIO
  • Previous Mortgage Transaction Date: Jul 28, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $82,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Riverhead



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Frequently Asked Questions

What neighborhood is 20 Gateway East Drive located in?
The 20 Gateway East Drive is a located in the neighborhood of Riverhead in Riverhead, Riverhead.
What is the average sales price for listings in 20 Gateway East Drive?
The average sales price for units in 20 Gateway East Drive is $0 currently.

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