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217 Lake Street

217 Lake Street, Oceanside, NY 11572
Property in Oceanside
Sold Jun 02, 2020
$445,000
$400,500 by Freedom Mortgage
Mortgage
Sold Sep 09, 2004
$387,500
Local assessors in Oceanside, NY have categorized 217 Lake Street as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 5,000 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 500 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 217 Lake Street has a total of 1,170 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 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 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 - C. The building has a roof that is made of shingle (not wood). Lots of alum/vinyl siding 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. 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, 217 Lake Street was last sold in Apr 25, 2020 for $445,000. According to our calculations, that's $380.34 per sqft. Prior to that sales transaction, the property was sold for $387,500 in Sep 1, 2004. Current property owners are expected to pay $10,483 in taxes per year. The property on 217 Lake Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $432. To break that down further, the land itself was valued at $185. While improvements to the property were assessed at a total of $247. 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. 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.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: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,170
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 011

Ownership

  • Current Owner : LOIS DAMIEN D
  • Current Owner 2: ALVERNIA JACQUELYN
  • Previous Owner : DICKSTEIN RUTH
  • Previous Owner 2: DICKSTEIN STEPHEN I
  • Owner Before Previous Owner: BIER PAUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oceanside Union Free School District
  • School Tax School District: 011
  • Census Tract: 413300

Geography

  • District: 282089
  • Section: 54
  • Parcel: 54-221-00-0332
  • Block: 221
  • Lot: 332
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6352
  • Longitude: -73.6337

    Address

  • Full Address: 217 Lake St
  • Address - House Number: 217
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: NY
  • City Name: Oceanside
  • Carrier Code: C038
  • 4-Digit Zip Code: 4212
  • Zip Code: 11572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,483
  • Tax Rate Code Area: 129

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 588,357
  • High Value: 696,673
  • Low Value: 480,041

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,500
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $400,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $432,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432
  • Assessed Land Value: $185
  • Assessed Improvements Value: $247

    Sales

  • Current Sale Contract Date: Apr 25, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11769570635
  • Current Sale Price: $445,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-043338
  • Previous Sale Recording Date: Sep 09, 2004
  • Previous Sale Contract Date: Sep 01, 2004
  • Previous Sale Amount: $387,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $400,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Oceanside



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Frequently Asked Questions

What neighborhood is 217 Lake Street located in?
The 217 Lake Street is a located in the neighborhood of Oceanside in Oceanside, Oceanside.
What is the average sales price for listings in 217 Lake Street?
The average sales price for units in 217 Lake Street is $0 currently.

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